Lovisagruvan AB (XSAT:LOVI) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 26, 2026) — 68% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

XSAT:LOVI Lovisagruvan AB XSAT:LOVI
60 GF Score
Price kr10.30
GF Value kr20.22
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Lovisagruvan AB Cyclically Adjusted PB Ratio?

Lovisagruvan AB XSAT:LOVI +3.00% 60 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 26, 2026, which is 68% below its 10-year median of 3.09. GuruFocus rates XSAT:LOVI with a GF Score™ of 60/100 and a GF Value™ of kr20.22 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,512 Metals & Mining companies, Lovisagruvan AB ranks better than 59.79% on this metric.

As of today (2026-08-26), Lovisagruvan AB's current share price is kr10.30. Lovisagruvan AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr10.41. Lovisagruvan AB's Cyclically Adjusted PB Ratio for today is 0.99.

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

XSAT:LOVI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 3.09   Max: 5.68
Current: 0.98

During the past years, Lovisagruvan AB's highest Cyclically Adjusted PB Ratio was 5.68. The lowest was 0.65. And the median was 3.09.

XSAT:LOVI's Cyclically Adjusted PB Ratio is ranked better than
59.79% of 1512 companies
in the Metals & Mining industry
Industry Median: 1.575 vs XSAT:LOVI: 0.98

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.

Lovisagruvan AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr11.224. 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 kr10.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lovisagruvan AB  (XSAT:LOVI) 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.


Lovisagruvan AB Cyclically Adjusted PB Ratio Related Terms


Lovisagruvan AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lovisagruvan 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.

Lovisagruvan AB Cyclically Adjusted PB Ratio Chart

Lovisagruvan AB 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 3.90 4.14 3.47 1.77 1.03

Lovisagruvan AB Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.63 1.21 0.69 1.03 1.00

Lovisagruvan AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lovisagruvan 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.


Lovisagruvan AB Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lovisagruvan AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSAT:LOVI
60GF Score
Lovisagruvan AB XSAT:LOVI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lovisagruvan 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.

Lovisagruvan AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.30/10.41
=0.99

* 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.

Lovisagruvan AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lovisagruvan AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.224/133.5600*133.5600
=11.224

Current CPI (Mar. 2026) = 133.5600.

Lovisagruvan AB Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.942 100.541 6.565
201403 3.424 99.788 4.583
201406 4.595 100.432 6.111
201409 5.999 100.161 7.999
201412 4.622 100.225 6.159
201503 0.000 99.950 0.000
201506 4.273 99.995 5.707
201509 3.951 100.228 5.265
201512 11.486 100.276 15.299
201603 3.190 100.751 4.229
201606 2.663 101.019 3.521
201609 3.014 101.138 3.980
201612 12.904 102.022 16.893
201703 7.287 102.022 9.540
201706 6.731 102.752 8.749
201709 9.716 103.279 12.565
201712 16.607 103.793 21.370
201812 17.124 105.912 21.594
201912 15.871 107.766 19.670
202009 0.000 107.635 0.000
202012 14.982 108.296 18.477
202109 6.204 110.338 7.510
202112 7.749 112.486 9.201
202203 0.000 114.825 0.000
202206 0.000 118.384 0.000
202209 11.560 122.296 12.625
202212 10.895 126.365 11.515
202303 11.501 127.042 12.091
202306 10.155 129.407 10.481
202309 10.009 130.224 10.265
202312 9.335 131.912 9.452
202403 8.750 132.205 8.840
202406 9.439 132.716 9.499
202409 10.510 132.304 10.610
202412 12.474 132.987 12.528
202503 11.607 132.825 11.671
202506 9.184 133.699 9.174
202509 7.730 133.480 7.735
202512 12.174 133.390 12.190
202603 11.224 133.560 11.224

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.

What does a Cyclically Adjusted PB Ratio of 0.99 mean?
Lovisagruvan AB (XSAT:LOVI) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lovisagruvan AB and its competitors. This is 68% below median its historical median of 3.09. Over the past decade, Lovisagruvan AB's Cyclically Adjusted PB Ratio has ranged from 0.65 to 5.68. According to the industry distribution chart, Lovisagruvan AB ranks #608 out of 1512 companies in the Metals & Mining industry, placing it in the top 40.2%.
Is Lovisagruvan AB's Cyclically Adjusted PB Ratio too high?
Lovisagruvan AB's current Cyclically Adjusted PB Ratio of 0.99 is 68% below median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 5.68. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.58. Lovisagruvan AB's value of 0.99 is 37.1% below this industry median. Based on the distribution chart, Lovisagruvan AB ranks #608 out of 1512 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lovisagruvan AB has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lovisagruvan AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lovisagruvan AB ranks #608 out of 1512 companies for Cyclically Adjusted PB Ratio. This puts Lovisagruvan AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Lovisagruvan AB's value of 0.99 is 37.1% below this benchmark. Historically, Lovisagruvan AB's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 5.68 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 1.58, Lovisagruvan AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.58, based on 1,512 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lovisagruvan AB's current Cyclically Adjusted PB Ratio of 0.99 is 37.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lovisagruvan AB and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lovisagruvan AB's current Cyclically Adjusted PB Ratio is 0.99, which is 68% below median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lovisagruvan AB stock overvalued right now?
Based on GuruFocus' analysis, Lovisagruvan AB (XSAT:LOVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr20.22, compared to a current price of kr10.30 — trading 49.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 68% below median its 10-year median of 3.09 and 37.1% below the Metals & Mining industry median of 1.58. Lovisagruvan AB's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Lovisagruvan AB (XSAT:LOVI), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lovisagruvan AB (XSAT:LOVI) Overvalued in 2026?

Based on GuruFocus' analysis, Lovisagruvan AB stock appears to be undervalued. The current stock price of kr10.30 is trading 49.1% below its estimated GF Value™ of kr20.22. GuruFocus considers Lovisagruvan AB to be Possible Value Trap.

Key valuation signals for XSAT:LOVI:

  • Cyclically Adjusted PB Ratio: 0.99 (68% below median its 10-year median of 3.09)
  • GF Value™: kr20.22 vs. price of kr10.30 (49.1% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 37.1% below the Metals & Mining median (#608 of 1512)

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


Lovisagruvan AB Business Description

Address Lokevagen 21, Djursholm, SWE, 182 61
Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.
60GF Score

Get the complete analysis for XSAT:LOVI

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

kr10.30
Price
kr20.22
GF Value