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LGI Homes (LTS:0JSI) Cyclically Adjusted Book per Share : $49.12 (As of Mar. 2025)


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What is LGI Homes Cyclically Adjusted Book per Share?

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.

LGI Homes's adjusted book value per share for the three months ended in Mar. 2025 was $87.269. 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 $49.12 for the trailing ten years ended in Mar. 2025.

During the past 12 months, LGI Homes's average Cyclically Adjusted Book Growth Rate was 20.30% 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.

As of today (2025-05-29), LGI Homes's current stock price is $52.57. LGI Homes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $49.12. LGI Homes's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LGI Homes was 3.94. The lowest was 1.03. And the median was 3.00.


LGI Homes Cyclically Adjusted Book per Share Historical Data

The historical data trend for LGI Homes'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.

* Premium members only.

LGI Homes Cyclically Adjusted Book per Share Chart

LGI Homes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 45.73 39.25 47.72

LGI Homes Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 47.70 43.97 45.41 47.72 49.12

Competitive Comparison of LGI Homes's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, LGI Homes'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.


LGI Homes's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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LGI Homes 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, LGI Homes's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=87.269/134.9266*134.9266
=87.269

Current CPI (Mar. 2025) = 134.9266.

LGI Homes Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.300 100.684 13.803
201509 11.206 100.392 15.061
201512 12.205 99.792 16.502
201603 12.897 100.470 17.320
201606 14.314 101.688 18.993
201609 15.531 101.861 20.573
201612 16.667 101.863 22.077
201703 17.280 102.862 22.667
201706 18.799 103.349 24.543
201709 20.547 104.136 26.622
201712 22.423 104.011 29.088
201803 22.945 105.290 29.404
201806 25.126 106.317 31.887
201809 26.959 106.507 34.153
201812 28.887 105.998 36.771
201903 29.527 107.251 37.146
201906 31.614 108.070 39.471
201909 33.858 108.329 42.171
201912 33.329 108.420 41.477
202003 34.283 108.902 42.476
202006 36.621 108.767 45.429
202009 40.345 109.815 49.571
202012 45.589 109.897 55.972
202103 48.875 111.754 59.009
202106 52.257 114.631 61.509
202109 55.031 115.734 64.157
202112 58.362 117.630 66.944
202203 60.118 121.301 66.871
202206 65.051 125.017 70.207
202209 68.999 125.227 74.344
202212 70.472 125.222 75.934
202303 71.144 127.348 75.378
202306 73.516 128.729 77.056
202309 76.501 129.860 79.486
202312 78.705 129.419 82.054
202403 79.314 131.776 81.210
202406 81.866 132.554 83.331
202409 84.930 133.029 86.142
202412 87.072 133.157 88.229
202503 87.269 134.927 87.269

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


LGI Homes  (LTS:0JSI) 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.

LGI Homes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.57/49.12
=1.07

* 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 LGI Homes was 3.94. The lowest was 1.03. And the median was 3.00.


Be Aware

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


LGI Homes Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of LGI Homes's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


LGI Homes Business Description

Traded in Other Exchanges
Address
1450 Lake Robbins Drive, Suite 430, The Woodlands, TX, USA, 77380
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring. They have seven operating segments ( West, Northwest, Central, Midwest, Florida, Southeast and Mid-Atlantic) that it aggregates into five qualifying reportable segment. Majority of the revenue is generated from Central division segment.

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