Linamar (FRA:LNR) Cyclically Adjusted Book per Share: €48.58 (As of Mar. 2026)

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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.
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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.

FRA:LNR Linamar Corp FRA:LNR
82 GF Score
Price €62.95
GF Value €47.54
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Linamar Cyclically Adjusted Book per Share?

Linamar FRA:LNR +1.70% 82 Cyclically Adjusted Book per Share is €48.58 as of Mar. 2026. GuruFocus rates FRA:LNR with a GF Score™ of 82/100 and a GF Value™ of €47.54 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Linamar's adjusted book value per share for the three months ended in Mar. 2026 was €66.941. 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 €48.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Linamar's average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Linamar was 17.80% per year. The lowest was 5.80% per year. And the median was 12.20% per year.

As of today (2026-07-16), Linamar's current stock price is €62.95. Linamar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €48.58. Linamar's Cyclically Adjusted PB Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Linamar was 3.45. The lowest was 0.67. And the median was 1.29.


Linamar  (FRA:LNR) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Linamar's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=62.95/48.58
=1.30

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Linamar was 3.45. The lowest was 0.67. And the median was 1.29.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Linamar Cyclically Adjusted Book per Share Related Terms


Linamar Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Linamar's Cyclically Adjusted Book per Share 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.

Linamar Cyclically Adjusted Book per Share Chart

Linamar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.50 37.37 42.50 45.91 47.42

Linamar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 45.53 44.98 45.97 47.42 48.58

FRA:LNR vs ORLY, AZO, GPC: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Linamar'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.


Linamar Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linamar's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:LNR
82GF Score
Linamar Corp FRA:LNR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linamar Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Linamar'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)
=66.941/132.2623*132.2623
=66.941

Current CPI (Mar. 2026) = 132.2623.

Linamar Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.286 102.002 32.788
201609 26.194 101.765 34.044
201612 28.209 101.449 36.777
201703 29.517 102.634 38.038
201706 29.932 103.029 38.425
201709 31.033 103.345 39.717
201712 31.520 103.345 40.340
201803 32.567 105.004 41.021
201806 35.029 105.557 43.891
201809 35.785 105.636 44.805
201812 38.069 105.399 47.772
201903 39.189 106.979 48.451
201906 40.129 107.690 49.285
201909 41.564 107.611 51.085
201912 42.214 107.769 51.808
202003 41.669 107.927 51.064
202006 41.182 108.401 50.247
202009 41.603 108.164 50.872
202012 42.685 108.559 52.005
202103 44.974 110.298 53.930
202106 46.627 111.720 55.201
202109 46.957 112.905 55.008
202112 48.580 113.774 56.474
202203 50.891 117.646 57.214
202206 53.474 120.806 58.545
202209 56.763 120.648 62.227
202212 53.971 120.964 59.012
202303 55.492 122.702 59.816
202306 57.288 124.203 61.005
202309 58.278 125.230 61.550
202312 59.075 125.072 62.471
202403 60.635 126.258 63.519
202406 61.658 127.522 63.950
202409 62.219 127.285 64.652
202412 59.750 127.364 62.048
202503 60.454 129.181 61.896
202506 61.560 129.892 62.683
202509 61.994 130.287 62.934
202512 63.264 130.366 64.184
202603 66.941 132.262 66.941

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €48.58 mean?
Linamar (FRA:LNR) has a Cyclically Adjusted Book per Share of €48.58 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Linamar and its competitors.
Is Linamar's Cyclically Adjusted Book per Share too high?
Linamar's current Cyclically Adjusted Book per Share is €48.58. Overall, Linamar has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Linamar's Cyclically Adjusted Book per Share compare to ORLY and AZO?
Linamar's Cyclically Adjusted Book per Share of €48.58 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Linamar and its competitors. Linamar's current Cyclically Adjusted Book per Share is €48.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linamar stock overvalued right now?
Based on GuruFocus' analysis, Linamar (FRA:LNR) is currently considered Significantly Overvalued. The stock's GF Value™ is €47.54, compared to a current price of €62.95 — trading 32.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is €48.58. Linamar's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Linamar (FRA:LNR), the current Cyclically Adjusted Book per Share is €48.58 as of Mar. 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 Linamar (FRA:LNR) Overvalued in 2026?

Based on GuruFocus' analysis, Linamar stock appears to be overvalued. The current stock price of €62.95 is trading 32.4% above its estimated GF Value™ of €47.54. GuruFocus considers Linamar to be Significantly Overvalued.

Key valuation signals for FRA:LNR:

  • Cyclically Adjusted Book per Share: €48.58
  • GF Value™: €47.54 vs. price of €62.95 (32.4% above fair value)
  • GF Score™: 82/100 with 8 warning signs

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


Linamar Business Description

Address 287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified world-wide manufacturing company of engineered products. The company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications.
82GF Score

Get the complete analysis for FRA:LNR

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

€62.95
Price
€47.54
GF Value