Laan & Spar Bank AS (OCSE:LASP) Shiller PE Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

OCSE:LASP Laan & Spar Bank AS OCSE:LASP
48 GF Score
Price kr1,365.00
GF Value kr827.95
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Laan & Spar Bank AS Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Laan & Spar Bank AS  (OCSE:LASP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Laan & Spar Bank AS Shiller PE Ratio Related Terms


Laan & Spar Bank AS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Laan & Spar Bank AS's Shiller PE 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.

Laan & Spar Bank AS Shiller PE Ratio Chart

Laan & Spar Bank AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.15 11.98 10.28 9.22 16.03

Laan & Spar Bank AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 10.34 11.89 16.02 13.46 14.63

Laan & Spar Bank AS Shiller PE Ratio Competitor Comparison

For the Banks - Regional subindustry, Laan & Spar Bank AS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Laan & Spar Bank AS Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Laan & Spar Bank AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Laan & Spar Bank AS's Shiller PE Ratio falls into.


OCSE:LASP
48GF Score
Laan & Spar Bank AS OCSE:LASP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Laan & Spar Bank AS Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Laan & Spar Bank AS's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Laan & Spar Bank AS's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=36.7953/122.9500*122.9500
=36.795

Current CPI (Jun. 2026) = 122.9500.

Laan & Spar Bank AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 18.456 100.200 22.647
201612 3.691 100.300 4.525
201703 14.466 101.200 17.575
201706 15.264 101.200 18.544
201709 18.955 101.800 22.893
201712 14.166 101.300 17.194
201803 11.273 101.700 13.629
201806 15.463 102.300 18.585
201809 16.414 102.400 19.708
201812 8.164 102.100 9.831
201903 10.507 102.900 12.554
201906 11.105 102.900 13.268
201909 19.000 102.900 22.702
201912 10.124 102.900 12.097
202003 7.463 103.300 8.882
202006 14.101 103.200 16.800
202009 14.027 103.500 16.663
202012 8.797 103.400 10.460
202103 9.901 104.300 11.671
202106 17.393 105.000 20.366
202109 16.776 105.800 19.496
202112 14.515 106.600 16.741
202203 10.867 109.900 12.158
202206 12.704 113.600 13.749
202209 11.334 116.400 11.971
202212 23.811 115.900 25.259
202303 34.298 117.300 35.950
202306 31.914 116.400 33.710
202309 34.112 117.400 35.725
202312 36.523 116.700 38.479
202403 33.026 118.400 34.295
202406 33.812 118.500 35.081
202409 44.484 118.900 45.999
202412 22.596 118.900 23.366
202503 25.698 120.200 26.286
202506 33.536 120.700 34.161
202509 37.447 121.600 37.863
202512 22.080 121.180 22.403
202603 24.581 121.670 24.839
202606 36.795 122.950 36.795

Add all the adjusted EPS together and divide 10 will get our E10.

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 Laan & Spar Bank AS (OCSE:LASP) Overvalued in 2026?

Based on GuruFocus' analysis, Laan & Spar Bank AS stock appears to be overvalued. The current stock price of kr1,365.00 is trading 64.9% above its estimated GF Value™ of kr827.95. GuruFocus considers Laan & Spar Bank AS to be Significantly Overvalued.

Key valuation signals for OCSE:LASP:

  • Shiller PE Ratio:
  • GF Value™: kr827.95 vs. price of kr1,365.00 (64.9% above fair value)
  • GF Score™: 48/100 with 2 warning signs

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


Laan & Spar Bank AS Business Description

Other Exchanges 0F26:UK
Address Hojbro Plads 9-11, Copenhagen, DNK, 1200
Laan & Spar Bank AS is a bank. It is engaged in the operation of specialty banking services for household customers. The company offers deposits, car and housing loans, business loans, and mortgages; and cards. It also provides investment, and pension and insurance services; and Internet banking and payment services.
48GF Score

Get the complete analysis for OCSE:LASP

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

kr1,365.00
Price
kr827.95
GF Value