LGMMY (LEG Immobilien SE) Cyclically Adjusted Book per Share: $30.29 (As of Mar. 2026)


LGMMY LEG Immobilien SE LGMMY
60 GF Score
Price $15.10
GF Value $20.99
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is LEG Immobilien SE Cyclically Adjusted Book per Share?

LEG Immobilien SE LGMMY 60 Cyclically Adjusted Book per Share is $30.29 as of Mar. 2026. GuruFocus rates LGMMY with a GF Score™ of 60/100 and a GF Value™ of $20.99 (Modestly Undervalued). The stock has 5 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.

LEG Immobilien SE's adjusted book value per share for the three months ended in Mar. 2026 was $33.268. 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 $30.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, LEG Immobilien SE's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 LEG Immobilien SE was 16.90% per year. The lowest was 8.70% per year. And the median was 12.50% per year.

As of today (2026-06-29), LEG Immobilien SE's current stock price is $15.10. LEG Immobilien SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $30.29. LEG Immobilien SE's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LEG Immobilien SE was 2.26. The lowest was 0.50. And the median was 0.83.


LEG Immobilien SE  (OTCPK:LGMMY) 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.

LEG Immobilien SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.10/30.29
=0.50

* 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 LEG Immobilien SE was 2.26. The lowest was 0.50. And the median was 0.83.


Be Aware

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


LEG Immobilien SE Cyclically Adjusted Book per Share Related Terms


LEG Immobilien SE Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Cyclically Adjusted Book per Share Chart

LEG Immobilien SE 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 0.00 27.81 23.72 24.79 34.94

LEG Immobilien SE 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 31.54 27.88 31.68 34.94 30.29

LGMMY vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LGMMY
60GF Score
LEG Immobilien SE LGMMY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LEG Immobilien SE 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, LEG Immobilien SE'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)
=33.268/131.2583*131.2583
=33.268

Current CPI (Mar. 2026) = 131.2583.

LEG Immobilien SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.562 100.717 16.371
201609 12.715 101.017 16.522
201612 14.051 101.217 18.221
201703 14.431 101.417 18.677
201706 16.067 102.117 20.652
201709 17.196 102.717 21.974
201712 18.870 102.617 24.137
201803 20.038 102.917 25.556
201806 19.716 104.017 24.879
201809 19.646 104.718 24.625
201812 21.115 104.217 26.594
201903 20.618 104.217 25.968
201906 21.896 105.718 27.186
201909 21.883 106.018 27.093
201912 23.456 105.818 29.095
202003 23.627 105.718 29.335
202006 26.399 106.618 32.500
202009 26.793 105.818 33.235
202012 30.637 105.518 38.111
202103 30.224 107.518 36.898
202106 32.152 108.486 38.901
202109 33.208 109.435 39.830
202112 34.140 110.384 40.596
202203 33.969 113.968 39.122
202206 34.867 115.760 39.535
202209 33.146 118.818 36.616
202212 32.082 119.345 35.285
202303 32.753 122.402 35.123
202306 29.077 123.140 30.994
202309 28.863 124.195 30.505
202312 27.210 123.773 28.856
202403 27.215 125.038 28.569
202406 25.912 125.882 27.019
202409 27.007 126.198 28.090
202412 25.681 127.041 26.533
202503 27.333 127.779 28.077
202506 29.094 128.412 29.739
202509 32.230 129.255 32.729
202512 33.377 129.361 33.867
202603 33.268 131.258 33.268

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 $30.29 mean?
LEG Immobilien SE (LGMMY) has a Cyclically Adjusted Book per Share of $30.29 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 LEG Immobilien SE and its competitors.
Is LEG Immobilien SE's Cyclically Adjusted Book per Share too high?
LEG Immobilien SE's current Cyclically Adjusted Book per Share is $30.29. Overall, LEG Immobilien SE has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEG Immobilien SE's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
LEG Immobilien SE's Cyclically Adjusted Book per Share of $30.29 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 LEG Immobilien SE and its competitors. LEG Immobilien SE's current Cyclically Adjusted Book per Share is $30.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEG Immobilien SE stock overvalued right now?
Based on GuruFocus' analysis, LEG Immobilien SE (LGMMY) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.99, compared to a current price of $15.10 — trading 28.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $30.29. LEG Immobilien SE's overall GF Score™ is 60/100 with 5 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 LEG Immobilien SE (LGMMY), the current Cyclically Adjusted Book per Share is $30.29 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 LEG Immobilien SE (LGMMY) Overvalued in 2026?

Based on GuruFocus' analysis, LEG Immobilien SE stock appears to be undervalued. The current stock price of $15.10 is trading 28.1% below its estimated GF Value™ of $20.99. GuruFocus considers LEG Immobilien SE to be Modestly Undervalued.

Key valuation signals for LGMMY:

  • Cyclically Adjusted Book per Share: $30.29
  • GF Value™: $20.99 vs. price of $15.10 (28.1% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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


LEG Immobilien SE Business Description

Address Flughafenstrasse 99, Dusseldorf, NW, DEU, 40474
LEG Immobilien SE is a property company that manages its own residential portfolio. The company's property portfolio includes residential units, commercial units and garages and parking spaces. It divides the portfolio into three overarching clusters: high-growth, stable, and higher yielding markets. The company holds properties in North Rhine-Westphalia, Bremen, Schleswig-Holstein, Hesse, and Rhineland-Palatinate.
60GF Score

Get the complete analysis for LGMMY

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

$15.10
Price
$20.99
GF Value