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Lenzing AG (Lenzing AG) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 10, 2024)


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What is Lenzing AG Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Lenzing AG's current share price is $36.00. Lenzing AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $62.70. Lenzing AG's Cyclically Adjusted PB Ratio for today is 0.57.

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

LNZNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.83   Max: 3.23
Current: 0.58

During the past years, Lenzing AG's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 0.45. And the median was 1.83.

LNZNF's Cyclically Adjusted PB Ratio is ranked better than
72.79% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs LNZNF: 0.58

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.

Lenzing AG's adjusted book value per share data for the three months ended in Mar. 2024 was $38.456. 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 $62.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenzing AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lenzing AG'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.

Lenzing AG Cyclically Adjusted PB Ratio Chart

Lenzing AG 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 1.76 1.67 2.22 0.88 0.62

Lenzing AG 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 1.08 0.79 0.68 0.62 0.55

Competitive Comparison of Lenzing AG's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Lenzing AG'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.


Lenzing AG's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lenzing AG 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.

Lenzing AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.00/62.7
=0.57

* 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.

Lenzing AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lenzing AG'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)
=38.456/133.7589*133.7589
=38.456

Current CPI (Mar. 2024) = 133.7589.

Lenzing AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 46.500 99.496 62.513
201409 46.163 99.586 62.004
201412 41.514 99.676 55.709
201503 38.009 99.992 50.845
201506 40.175 100.492 53.475
201509 41.636 100.292 55.530
201512 42.056 100.692 55.867
201603 44.438 100.692 59.032
201606 44.149 101.092 58.416
201609 46.377 101.192 61.303
201612 46.444 102.092 60.850
201703 49.563 102.592 64.620
201706 50.384 102.991 65.436
201709 55.725 103.591 71.953
201712 57.572 104.291 73.839
201803 61.850 104.491 79.174
201806 55.334 105.091 70.428
201809 57.123 105.691 72.293
201812 56.298 106.291 70.847
201903 57.940 106.391 72.844
201906 54.180 106.791 67.862
201909 54.509 106.991 68.146
201912 55.397 108.091 68.552
202003 50.332 108.024 62.323
202006 49.046 107.915 60.791
202009 48.039 108.348 59.306
202012 69.471 109.321 85.001
202103 70.475 110.186 85.552
202106 74.588 110.943 89.927
202109 74.445 111.916 88.974
202112 69.985 113.971 82.136
202203 70.321 117.647 79.951
202206 64.727 120.567 71.809
202209 62.587 123.811 67.616
202212 60.736 125.541 64.712
202303 58.485 128.460 60.897
202306 45.415 130.191 46.660
202309 54.052 131.272 55.076
202312 40.674 132.570 41.039
202403 38.456 133.759 38.456

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.


Lenzing AG  (OTCPK:LNZNF) 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.


Lenzing AG Cyclically Adjusted PB Ratio Related Terms

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


Lenzing AG (Lenzing AG) Business Description

Traded in Other Exchanges
Address
Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Lenzing AG (Lenzing AG) Headlines

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