Industrivarden AB (LTS:0MHU) Cyclically Adjusted PS 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.
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.

LTS:0MHU Industrivarden AB LTS:0MHU
54 GF Score
Price kr536.70
GF Value kr835.15
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Industrivarden AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrivarden AB  (LTS:0MHU) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Industrivarden AB Cyclically Adjusted PS Ratio Related Terms


Industrivarden AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Industrivarden AB's Cyclically Adjusted PS 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.

Industrivarden AB Cyclically Adjusted PS Ratio Chart

Industrivarden AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.44 10.56 14.24 14.62 16.49

Industrivarden AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 9.98 10.14 10.97 12.22 13.35

LTS:0MHU vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Industrivarden AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Industrivarden AB Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrivarden AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0MHU
54GF Score
Industrivarden AB LTS:0MHU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Industrivarden AB Cyclically Adjusted PS Ratio Calculation

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

Industrivarden AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Industrivarden AB's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.151/134.6100*134.6100
=10.151

Current CPI (Jun. 2026) = 134.6100.

Industrivarden AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.601 101.138 20.764
201612 13.777 102.022 18.178
201703 24.023 102.022 31.697
201706 7.527 102.752 9.861
201709 3.564 103.279 4.645
201712 1.108 103.793 1.437
201803 3.536 103.962 4.578
201806 2.709 104.875 3.477
201809 14.699 105.679 18.723
201812 -39.762 105.912 -50.536
201903 35.192 105.886 44.739
201906 14.087 106.742 17.765
201909 -7.672 107.214 -9.632
201912 27.499 107.766 34.349
202003 0.000 106.563 0.000
202006 29.177 107.498 36.536
202009 12.810 107.635 16.020
202012 20.558 108.296 25.553
202103 3.952 108.360 4.909
202106 12.298 108.928 15.198
202109 0.200 110.338 0.244
202112 2.135 112.486 2.555
202203 4.672 114.825 5.477
202206 7.761 118.384 8.825
202209 0.252 122.296 0.277
202212 0.000 126.365 0.000
202303 6.557 127.042 6.948
202306 8.030 129.407 8.353
202309 0.273 130.224 0.282
202312 0.000 131.912 0.000
202403 16.805 132.205 17.111
202406 2.799 132.716 2.839
202409 0.000 132.304 0.000
202412 0.273 132.987 0.276
202503 9.704 132.825 9.834
202506 12.079 133.699 12.161
202509 0.287 133.480 0.289
202512 0.000 133.380 0.000
202603 11.570 133.550 11.662
202606 10.151 134.610 10.151

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Industrivarden AB (LTS:0MHU) Overvalued in 2026?

Based on GuruFocus' analysis, Industrivarden AB stock appears to be undervalued. The current stock price of kr536.70 is trading 35.7% below its estimated GF Value™ of kr835.15. GuruFocus considers Industrivarden AB to be Possible Value Trap.

Key valuation signals for LTS:0MHU:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr835.15 vs. price of kr536.70 (35.7% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Industrivarden AB Business Description

Address Storgatan 10, Stockholm, SWE, 114 51
Industrivarden AB is a holding company that invests in and works long-term to develop and create value in its portfolio companies. Active ownership is exercised through sizable ownership stakes in a selection of listed companies with firm market positions, good cash flows, financial strength, and clear development capacity. Its stock offers exposure to a portfolio of companies with validated business models, a wide breadth of underlying business areas, and good value potential.
54GF Score

Get the complete analysis for LTS:0MHU

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

kr536.70
Price
kr835.15
GF Value