Lumentum Holdings (MEX:LITE) Cyclically Adjusted Book per Share: MXN397.18 (As of Mar. 2026)


MEX:LITE Lumentum Holdings Inc MEX:LITE
60 GF Score
Price MXN12,306.17
GF Value MXN1,685.38
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lumentum Holdings Cyclically Adjusted Book per Share?

Lumentum Holdings MEX:LITE -0.03% 60 Cyclically Adjusted Book per Share is MXN397.18 as of Mar. 2026. GuruFocus rates MEX:LITE with a GF Score™ of 60/100 and a GF Value™ of MXN1,685.38 (Significantly Overvalued). The stock has 4 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.

Lumentum Holdings's adjusted book value per share for the three months ended in Mar. 2026 was MXN747.816. 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 MXN397.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lumentum Holdings's average Cyclically Adjusted Book Growth Rate was 8.00% 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 (2026-07-09), Lumentum Holdings's current stock price is MXN12306.17. Lumentum Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN397.18. Lumentum Holdings's Cyclically Adjusted PB Ratio of today is 30.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lumentum Holdings was 43.47. The lowest was 1.85. And the median was 3.82.


Lumentum Holdings  (MEX:LITE) 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.

Lumentum Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12306.17/397.18
=30.98

* 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 Lumentum Holdings was 43.47. The lowest was 1.85. And the median was 3.82.


Be Aware

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


Lumentum Holdings Cyclically Adjusted Book per Share Related Terms


Lumentum Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Lumentum Holdings'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.

Lumentum Holdings Cyclically Adjusted Book per Share Chart

Lumentum Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 308.65 286.54

Lumentum Holdings 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 413.33 286.54 390.62 381.94 397.18

MEX:LITE vs MSI, CIEN, HPE: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Lumentum Holdings'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.


Lumentum Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Lumentum Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:LITE
60GF Score
Lumentum Holdings Inc MEX:LITE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lumentum Holdings 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, Lumentum Holdings'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)
=747.816/330.2130*330.2130
=747.816

Current CPI (Mar. 2026) = 330.2130.

Lumentum Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 154.389 241.018 211.525
201609 159.422 241.428 218.049
201612 175.742 241.432 240.367
201703 144.395 243.801 195.574
201706 181.948 244.955 245.276
201709 187.638 246.819 251.036
201712 272.310 246.524 364.753
201803 254.453 249.554 336.695
201806 289.814 251.989 379.780
201809 290.406 252.439 379.877
201812 402.411 251.233 528.917
201903 382.096 254.202 496.350
201906 375.167 256.143 483.656
201909 399.342 256.759 513.586
201912 424.474 256.974 545.451
202003 543.093 258.115 694.793
202006 537.612 257.797 688.629
202009 531.651 260.280 674.497
202012 505.026 260.474 640.241
202103 583.836 264.877 727.848
202106 537.953 271.696 653.816
202109 560.663 274.310 674.923
202112 574.477 278.802 680.410
202203 550.967 287.504 632.814
202206 554.724 296.311 618.192
202209 450.198 296.808 500.867
202212 439.971 296.797 489.507
202303 403.529 301.836 441.467
202306 350.056 305.109 378.858
202309 340.786 307.789 365.614
202312 321.806 306.746 346.425
202403 288.888 312.332 305.427
202406 258.289 314.175 271.474
202409 257.053 315.301 269.210
202412 263.277 315.605 275.463
202503 259.265 319.799 267.708
202506 306.096 322.561 313.357
202509 201.982 324.800 205.348
202512 213.496 324.054 217.554
202603 747.816 330.213 747.816

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 MXN397.18 mean?
Lumentum Holdings (MEX:LITE) has a Cyclically Adjusted Book per Share of MXN397.18 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 Lumentum Holdings and its competitors.
Is Lumentum Holdings' Cyclically Adjusted Book per Share too high?
Lumentum Holdings' current Cyclically Adjusted Book per Share is MXN397.18. Overall, Lumentum Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumentum Holdings' Cyclically Adjusted Book per Share compare to MSI and CIEN?
Lumentum Holdings' Cyclically Adjusted Book per Share of MXN397.18 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Lumentum Holdings and its competitors. Lumentum Holdings's current Cyclically Adjusted Book per Share is MXN397.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumentum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lumentum Holdings (MEX:LITE) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,685.38, compared to a current price of MXN12,306.17 — trading 630.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN397.18. Lumentum Holdings' overall GF Score™ is 60/100 with 4 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 Lumentum Holdings (MEX:LITE), the current Cyclically Adjusted Book per Share is MXN397.18 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 Lumentum Holdings (MEX:LITE) Overvalued in 2026?

Based on GuruFocus' analysis, Lumentum Holdings stock appears to be overvalued. The current stock price of MXN12,306.17 is trading 630.2% above its estimated GF Value™ of MXN1,685.38. GuruFocus considers Lumentum Holdings to be Significantly Overvalued.

Key valuation signals for MEX:LITE:

  • Cyclically Adjusted Book per Share: MXN397.18
  • GF Value™: MXN1,685.38 vs. price of MXN12,306.17 (630.2% above fair value)
  • GF Score™: 60/100 with 4 warning signs

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


Lumentum Holdings Business Description

Address 1001 Ridder Park Drive, San Jose, CA, USA, 95131
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
60GF Score

Get the complete analysis for MEX:LITE

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

MXN12,306.17
Price
MXN1,685.38
GF Value