SpareBank 1 Ostlandet (LTS:0RU6) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0RU6 SpareBank 1 Ostlandet LTS:0RU6
61 GF Score
Price kr202.80
GF Value kr175.99
Valuation Modestly Overvalued
! 7 Warning Signs
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What is SpareBank 1 Ostlandet Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Ostlandet  (LTS:0RU6) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


SpareBank 1 Ostlandet Cyclically Adjusted PB Ratio Related Terms


SpareBank 1 Ostlandet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Ostlandet's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SpareBank 1 Ostlandet Cyclically Adjusted PB Ratio Chart

SpareBank 1 Ostlandet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.81 0.84 0.97 1.20

SpareBank 1 Ostlandet Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.13 1.22 1.16 1.10

SpareBank 1 Ostlandet Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Ostlandet's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpareBank 1 Ostlandet Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ostlandet's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ostlandet's Cyclically Adjusted PB Ratio falls into.


LTS:0RU6
61GF Score
SpareBank 1 Ostlandet LTS:0RU6
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SpareBank 1 Ostlandet Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

SpareBank 1 Ostlandet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, SpareBank 1 Ostlandet's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=185.256/141.6200*141.6200
=185.256

Current CPI (Jun. 2026) = 141.6200.

SpareBank 1 Ostlandet Quarterly Data

Book Value per Share CPI Adj_Book
201609 106.779 104.200 145.125
201612 109.886 104.400 149.062
201703 112.355 105.000 151.540
201706 113.367 105.800 151.749
201709 117.106 105.900 156.606
201712 120.547 106.100 160.904
201803 117.571 107.300 155.176
201806 121.440 108.500 158.510
201809 124.751 109.500 161.345
201812 124.957 109.800 161.169
201903 123.915 110.400 158.957
201906 129.008 110.600 165.191
201909 131.995 111.100 168.255
201912 135.250 111.300 172.094
202003 131.840 111.200 167.906
202006 135.242 112.100 170.856
202009 138.177 112.900 173.327
202012 142.321 112.900 178.525
202103 143.789 114.600 177.691
202106 147.984 115.300 181.765
202109 153.182 117.500 184.627
202112 152.862 118.900 182.072
202203 149.694 119.800 176.959
202206 152.551 122.600 176.218
202209 158.785 125.600 179.038
202212 163.386 125.900 183.787
202303 157.628 127.600 174.947
202306 162.868 130.400 176.882
202309 165.838 129.800 180.940
202312 169.732 131.900 182.240
202403 165.424 132.600 176.677
202406 170.906 133.800 180.895
202409 179.488 133.700 190.120
202412 179.537 134.800 188.620
202503 171.875 136.100 178.846
202506 178.300 137.800 183.243
202509 184.851 138.500 189.015
202512 191.122 139.140 194.529
202603 179.412 141.060 180.124
202606 185.256 141.620 185.256

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is SpareBank 1 Ostlandet (LTS:0RU6) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Ostlandet stock appears to be overvalued. The current stock price of kr202.80 is trading 15.2% above its estimated GF Value™ of kr175.99. GuruFocus considers SpareBank 1 Ostlandet to be Modestly Overvalued.

Key valuation signals for LTS:0RU6:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr175.99 vs. price of kr202.80 (15.2% above fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the LTS:0RU6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SpareBank 1 Ostlandet Business Description

Other Exchanges SPOL:Norway
Address Strandgata 15, Postbox 203, Hamar, NOR, N-2302
SpareBank 1 Ostlandet is a savings bank and regional financial institution. The bank offers financial products and services, including savings, financing, payment processing, insurance, capital management, investments, loans and credits, advisory services, foreign exchange and interest rate hedging, and pension solutions. The Group reports the following operating segments: Retail Banking (PM), Corporate Banking (BM), Real Estate Agency, Financing/Leasing, Accounting Services, and Unallocated operations. The bank mainly operates in Eastern Norway with a presence in Innlandet, Oslo, Akershus, and Buskerud through a branch network, digital channels, and customer centres.
61GF Score

Get the complete analysis for LTS:0RU6

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr202.80
Price
kr175.99
GF Value