LXP Industrial Trust (FRA:LXN0) Cyclically Adjusted Book per Share: €33.88 (As of Jun. 2026)

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FRA:LXN0 LXP Industrial Trust FRA:LXN0
73 GF Score
Price €53.00
GF Value €40.86
Valuation Modestly Overvalued
! 12 Warning Signs
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What is LXP Industrial Trust Cyclically Adjusted Book per Share?

LXP Industrial Trust FRA:LXN0 73 Cyclically Adjusted Book per Share is €33.88 as of Jun. 2026. GuruFocus rates FRA:LXN0 with a GF Score™ of 73/100 and a GF Value™ of €40.86 (Modestly Overvalued). The stock has 12 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.

LXP Industrial Trust's adjusted book value per share for the three months ended in Jun. 2026 was €27.725. 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 €33.88 for the trailing ten years ended in Jun. 2026.

During the past 12 months, LXP Industrial Trust's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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 LXP Industrial Trust was 5.60% per year. The lowest was -10.00% per year. And the median was -2.90% per year.

As of today (2026-07-31), LXP Industrial Trust's current stock price is €53.00. LXP Industrial Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €33.88. LXP Industrial Trust's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LXP Industrial Trust was 2.38. The lowest was 1.01. And the median was 1.37.


LXP Industrial Trust  (FRA:LXN0) 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.

LXP Industrial Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.00/33.88
=1.56

* 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 LXP Industrial Trust was 2.38. The lowest was 1.01. And the median was 1.37.


Be Aware

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


LXP Industrial Trust Cyclically Adjusted Book per Share Related Terms


LXP Industrial Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for LXP Industrial Trust'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.

LXP Industrial Trust Cyclically Adjusted Book per Share Chart

LXP Industrial Trust 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 29.47 33.54 33.17 34.95 31.41

LXP Industrial Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 32.07 31.96 31.41 32.49 33.88

FRA:LXN0 vs NSA, COLD, SMA: Cyclically Adjusted Book per Share Comparison

For the REIT - Industrial subindustry, LXP Industrial Trust'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.


LXP Industrial Trust Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, LXP Industrial Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:LXN0
73GF Score
LXP Industrial Trust FRA:LXN0
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LXP Industrial Trust 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, LXP Industrial Trust's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=27.725/333.9520*333.9520
=27.725

Current CPI (Jun. 2026) = 333.9520.

LXP Industrial Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.477 241.428 33.857
201612 25.862 241.432 35.773
201703 25.614 243.801 35.085
201706 23.751 244.955 32.380
201709 21.763 246.819 29.446
201712 21.589 246.524 29.245
201803 19.682 249.554 26.338
201806 19.981 251.989 26.480
201809 23.054 252.439 30.498
201812 23.112 251.233 30.722
201903 23.274 254.202 30.576
201906 23.258 256.143 30.323
201909 27.068 256.759 35.206
201912 28.457 256.974 36.981
202003 28.175 258.115 36.453
202006 28.587 257.797 37.032
202009 27.581 260.280 35.388
202012 27.830 260.474 35.681
202103 28.569 264.877 36.019
202106 28.881 271.696 35.499
202109 29.365 274.310 35.750
202112 34.259 278.802 41.036
202203 34.583 287.504 40.170
202206 35.783 296.311 40.329
202209 37.918 296.808 42.663
202212 36.546 296.797 41.121
202303 35.573 301.836 39.358
202306 34.493 305.109 37.754
202309 34.615 307.789 37.557
202312 33.406 306.746 36.369
202403 32.739 312.332 35.005
202406 32.199 314.175 34.226
202409 30.685 315.301 32.500
202412 32.497 315.605 34.386
202503 30.978 319.799 32.349
202506 28.880 322.561 29.900
202509 28.336 324.800 29.134
202512 28.083 324.054 28.941
202603 27.785 330.213 28.100
202606 27.725 333.952 27.725

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 €33.88 mean?
LXP Industrial Trust (FRA:LXN0) has a Cyclically Adjusted Book per Share of €33.88 as of Jun. 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 LXP Industrial Trust and its competitors.
Is LXP Industrial Trust's Cyclically Adjusted Book per Share too high?
LXP Industrial Trust's current Cyclically Adjusted Book per Share is €33.88. Overall, LXP Industrial Trust has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LXP Industrial Trust's Cyclically Adjusted Book per Share compare to NSA and COLD?
LXP Industrial Trust's Cyclically Adjusted Book per Share of €33.88 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs 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 LXP Industrial Trust and its competitors. LXP Industrial Trust's current Cyclically Adjusted Book per Share is €33.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LXP Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, LXP Industrial Trust (FRA:LXN0) is currently considered Modestly Overvalued. The stock's GF Value™ is €40.86, compared to a current price of €53.00 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €33.88. LXP Industrial Trust's overall GF Score™ is 73/100 with 12 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 LXP Industrial Trust (FRA:LXN0), the current Cyclically Adjusted Book per Share is €33.88 as of Jun. 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 LXP Industrial Trust (FRA:LXN0) Overvalued in 2026?

Based on GuruFocus' analysis, LXP Industrial Trust stock appears to be overvalued. The current stock price of €53.00 is trading 29.7% above its estimated GF Value™ of €40.86. GuruFocus considers LXP Industrial Trust to be Modestly Overvalued.

Key valuation signals for FRA:LXN0:

  • Cyclically Adjusted Book per Share: €33.88
  • GF Value™: €40.86 vs. price of €53.00 (29.7% above fair value)
  • GF Score™: 73/100 with 12 warning signs

No single metric tells the full story. See the FRA:LXN0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LXP Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges LXPpC.PFD:USALXP:USA
Address 515 North Flagler Drive, Suite 408, West Palm Beach, FL, USA, 33401
LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. The majority of the revenue is earned through rental revenue.
73GF Score

Get the complete analysis for FRA:LXN0

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

€53.00
Price
€40.86
GF Value