Linamar (TSX:LNR) Cyclically Adjusted Book per Share: C$78.99 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSX:LNR Linamar Corp TSX:LNR
81 GF Score
Price C$101.50
GF Value C$78.08
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Linamar Cyclically Adjusted Book per Share?

Linamar TSX:LNR +1.61% 81 Cyclically Adjusted Book per Share is C$78.99 as of Mar. 2026. GuruFocus rates TSX:LNR with a GF Score™ of 81/100 and a GF Value™ of C$78.08 (Modestly 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 C$106.177. 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 C$78.99 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 (2026-07-15), Linamar's current stock price is C$101.50. Linamar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$78.99. Linamar's Cyclically Adjusted PB Ratio of today is 1.28.

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  (TSX: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
=101.50/78.99
=1.28

* 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 45.65 54.03 61.84 68.97 76.38

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 71.38 73.23 74.91 76.38 78.99

TSX: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.


TSX:LNR
81GF Score
Linamar Corp TSX: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)
=106.177/132.2623*132.2623
=106.177

Current CPI (Mar. 2026) = 132.2623.

Linamar Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.633 102.002 47.501
201609 38.536 101.765 50.085
201612 39.693 101.449 51.749
201703 42.261 102.634 54.461
201706 44.713 103.029 57.400
201709 45.418 103.345 58.127
201712 47.630 103.345 60.958
201803 51.935 105.004 65.417
201806 53.711 105.557 67.300
201809 54.424 105.636 68.142
201812 58.190 105.399 73.021
201903 59.208 106.979 73.201
201906 60.257 107.690 74.006
201909 60.611 107.611 74.495
201912 61.769 107.769 75.807
202003 64.276 107.927 78.769
202006 62.849 108.401 76.683
202009 64.830 108.164 79.274
202012 66.515 108.559 81.038
202103 67.295 110.298 80.696
202106 68.648 111.720 81.271
202109 69.999 112.905 82.000
202112 70.263 113.774 81.681
202203 70.956 117.646 79.772
202206 72.376 120.806 79.240
202209 74.966 120.648 82.183
202212 77.670 120.964 84.925
202303 81.295 122.702 87.629
202306 82.463 124.203 87.814
202309 84.158 125.230 88.884
202312 86.429 125.072 91.397
202403 89.212 126.258 93.455
202406 90.961 127.522 94.342
202409 93.543 127.285 97.201
202412 89.138 127.364 92.566
202503 93.824 129.181 96.062
202506 97.048 129.892 98.819
202509 100.660 130.287 102.186
202512 102.193 130.366 103.679
202603 106.177 132.262 106.177

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 C$78.99 mean?
Linamar (TSX:LNR) has a Cyclically Adjusted Book per Share of C$78.99 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 C$78.99. Overall, Linamar has a GF Score™ of 81/100 and is considered Modestly 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 C$78.99 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 C$78.99. 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 (TSX:LNR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$78.08, compared to a current price of C$101.50 — trading 30% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$78.99. Linamar's overall GF Score™ is 81/100 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 (TSX:LNR), the current Cyclically Adjusted Book per Share is C$78.99 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 (TSX:LNR) Overvalued in 2026?

Based on GuruFocus' analysis, Linamar stock appears to be overvalued. The current stock price of C$101.50 is trading 30% above its estimated GF Value™ of C$78.08. GuruFocus considers Linamar to be Modestly Overvalued.

Key valuation signals for TSX:LNR:

  • Cyclically Adjusted Book per Share: C$78.99
  • GF Value™: C$78.08 vs. price of C$101.50 (30% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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


Linamar Business Description

Other Exchanges LIMAF:USALNR:Germany
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.
81GF Score

Get the complete analysis for TSX:LNR

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

C$101.50
Price
C$78.08
GF Value