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L E Lundbergforetagen AB (OSTO:LUND B) Cyclically Adjusted PB Ratio : 1.51 (As of Jun. 01, 2024)


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What is L E Lundbergforetagen AB Cyclically Adjusted PB Ratio?

As of today (2024-06-01), L E Lundbergforetagen AB's current share price is kr533.00. L E Lundbergforetagen AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr352.66. L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio for today is 1.51.

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

OSTO:LUND B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.84   Max: 2.65
Current: 1.51

During the past years, L E Lundbergforetagen AB's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 1.31. And the median was 1.84.

OSTO:LUND B's Cyclically Adjusted PB Ratio is ranked worse than
81.71% of 946 companies
in the Asset Management industry
Industry Median: 0.795 vs OSTO:LUND B: 1.51

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.

L E Lundbergforetagen AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr453.528. 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 kr352.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for L E Lundbergforetagen 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.

L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Chart

L E Lundbergforetagen AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 1.98 1.99 1.43 1.58

L E Lundbergforetagen AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.48 1.40 1.36 1.58 1.64

Competitive Comparison of L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, L E Lundbergforetagen 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.


L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



L E Lundbergforetagen 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.

L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=533.00/352.66
=1.51

* 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.

L E Lundbergforetagen AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, L E Lundbergforetagen AB's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=453.528/132.2054*132.2054
=453.528

Current CPI (Mar. 2024) = 132.2054.

L E Lundbergforetagen AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 170.226 100.432 224.079
201409 169.488 100.161 223.712
201412 176.738 100.225 233.133
201503 190.681 99.950 252.216
201506 189.569 99.995 250.633
201509 188.790 100.228 249.023
201512 193.645 100.276 255.305
201603 200.194 100.751 262.694
201606 201.714 101.019 263.986
201609 216.266 101.138 282.700
201612 230.266 102.022 298.392
201703 242.581 102.022 314.351
201706 246.633 102.752 317.328
201709 250.782 103.279 321.021
201712 252.403 103.793 321.497
201803 258.024 103.962 328.122
201806 263.952 104.875 332.739
201809 274.153 105.679 342.969
201812 258.722 105.912 322.952
201903 278.980 105.886 348.324
201906 285.133 106.742 353.153
201909 286.081 107.214 352.767
201912 327.403 107.766 401.653
202003 303.621 106.563 376.682
202006 323.371 107.498 397.696
202009 328.278 107.635 403.215
202012 343.758 108.296 419.653
202103 369.548 108.360 450.872
202106 371.565 108.928 450.968
202109 368.798 110.338 441.888
202112 401.536 112.486 471.928
202203 385.242 114.825 443.553
202206 375.161 118.384 418.963
202209 375.145 122.296 405.542
202212 402.496 126.365 421.098
202303 411.919 127.042 428.662
202306 408.585 129.407 417.422
202309 411.020 130.224 417.275
202312 433.702 131.912 434.667
202403 453.528 132.205 453.528

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.


L E Lundbergforetagen AB  (OSTO:LUND 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.


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Related Terms

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


L E Lundbergforetagen AB (OSTO:LUND B) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

L E Lundbergforetagen AB (OSTO:LUND B) Headlines

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