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Latvian Forest Co AB (NGM:LATF B) Cyclically Adjusted PB Ratio : 0.65 (As of Jun. 30, 2025)


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What is Latvian Forest Co AB Cyclically Adjusted PB Ratio?

As of today (2025-06-30), Latvian Forest Co AB's current share price is kr8.30. Latvian Forest Co AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr12.86. Latvian Forest Co AB's Cyclically Adjusted PB Ratio for today is 0.65.

The historical rank and industry rank for Latvian Forest Co AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

NGM:LATF B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.66   Max: 0.76
Current: 0.64

During the past years, Latvian Forest Co AB's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.62. And the median was 0.66.

NGM:LATF B's Cyclically Adjusted PB Ratio is ranked better than
54.88% of 1414 companies
in the Real Estate industry
Industry Median: 0.72 vs NGM:LATF B: 0.64

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Latvian Forest Co AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr9.575. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is kr12.86 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Latvian Forest Co AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Latvian Forest Co AB'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.

* Premium members only.

Latvian Forest Co AB Cyclically Adjusted PB Ratio Chart

Latvian Forest Co AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.71 0.63

Latvian Forest Co AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
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 0.71 0.70 0.69 0.63 0.67

Competitive Comparison of Latvian Forest Co AB's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Latvian Forest Co AB'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.


Latvian Forest Co AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Latvian Forest Co AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Latvian Forest Co AB's Cyclically Adjusted PB Ratio falls into.


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Latvian Forest Co AB 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.

Latvian Forest Co AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.30/12.86
=0.65

* 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.

Latvian Forest Co AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Latvian Forest Co AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.575/132.8245*132.8245
=9.575

Current CPI (Mar. 2025) = 132.8245.

Latvian Forest Co AB Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.552 99.950 11.365
201506 10.194 99.995 13.541
201509 8.375 100.228 11.099
201512 9.547 100.276 12.646
201603 9.720 100.751 12.814
201606 9.768 101.019 12.843
201609 10.062 101.138 13.214
201612 10.263 102.022 13.362
201703 10.116 102.022 13.170
201706 11.906 102.752 15.390
201709 9.344 103.279 12.017
201712 10.192 103.793 13.043
201803 10.503 103.962 13.419
201806 10.763 104.875 13.631
201809 11.730 105.679 14.743
201812 11.755 105.912 14.742
201903 11.721 105.886 14.703
201906 12.258 106.742 15.253
201909 6.452 107.214 7.993
201912 6.752 107.766 8.322
202003 7.392 106.563 9.214
202006 7.009 107.498 8.660
202009 7.188 107.635 8.870
202012 7.119 108.296 8.731
202103 7.192 108.360 8.816
202106 7.109 108.928 8.669
202109 8.109 110.338 9.762
202112 9.389 112.486 11.087
202203 9.467 114.825 10.951
202206 9.648 118.384 10.825
202209 10.025 122.296 10.888
202212 10.050 126.365 10.564
202303 10.230 127.042 10.696
202306 10.637 129.407 10.918
202309 10.785 130.224 11.000
202312 10.172 131.912 10.242
202403 9.947 132.205 9.994
202409 10.311 132.304 10.352
202412 10.793 132.987 10.780
202503 9.575 132.825 9.575

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.


Latvian Forest Co AB  (NGM:LATF B) 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.


Latvian Forest Co AB Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Latvian Forest Co AB's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Latvian Forest Co AB Business Description

Traded in Other Exchanges
N/A
Address
Ringvagen 22, Enebyberg, SWE, 128 46
Latvian Forest Co AB is a Swedish company, that purchases and manages forest property in Latvia. The company focuses on the northern/northeastern region of Latvia around the area Valmiera.

Latvian Forest Co AB Headlines

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