Leclanche (XSWX:LECN) Cyclically Adjusted Book per Share: CHF-0.01 (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Leclanche Cyclically Adjusted Book per Share?

Leclanche XSWX:LECN Cyclically Adjusted Book per Share is CHF-0.01 as of Jun. 2025. 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.

Leclanche's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was CHF-0.058. 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 CHF-0.01 for the trailing ten years ended in Dec. 2024.

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 Leclanche was -12.20% per year. The lowest was -64.20% per year. And the median was -26.50% per year.

As of today (2026-07-14), Leclanche's current stock price is CHF 0.0844. Leclanche's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was CHF-0.01. Leclanche's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leclanche was 9.00. The lowest was 0.19. And the median was 0.48.


Leclanche  (XSWX:LECN) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leclanche was 9.00. The lowest was 0.19. And the median was 0.48.


Be Aware

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


Leclanche Cyclically Adjusted Book per Share Related Terms


Leclanche Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Leclanche'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.

Leclanche Cyclically Adjusted Book per Share Chart

Leclanche 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 1.52 0.88 0.30 0.07 -0.01

Leclanche Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 0.07 0.00 -0.01 0.00

XSWX:LECN vs VRT, BE, HUBB: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Leclanche'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.


Leclanche Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leclanche's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leclanche 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, Leclanche's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.058/107.1281*107.1281
=-0.058

Current CPI (Dec. 2024) = 107.1281.

Leclanche Annual Data

Book Value per Share CPI Adj_Book
201512 0.227 99.386 0.245
201612 -0.111 99.380 -0.120
201712 0.157 100.213 0.168
201812 0.157 100.906 0.167
201912 -0.083 101.063 -0.088
202012 -0.083 100.241 -0.089
202112 -0.077 101.776 -0.081
202212 -0.122 104.666 -0.125
202312 -0.098 106.461 -0.099
202412 -0.058 107.128 -0.058

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 CHF-0.01 mean?
Leclanche (XSWX:LECN) has a Cyclically Adjusted Book per Share of CHF-0.01 as of Jun. 2025. 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 Leclanche and its competitors.
Is Leclanche's Cyclically Adjusted Book per Share too high?
Leclanche's current Cyclically Adjusted Book per Share is CHF-0.01.
How does Leclanche's Cyclically Adjusted Book per Share compare to VRT and BE?
Leclanche's Cyclically Adjusted Book per Share of CHF-0.01 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Leclanche and its competitors. Leclanche's current Cyclically Adjusted Book per Share is CHF-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leclanche stock overvalued right now?
Based on GuruFocus' analysis, Leclanche (XSWX:LECN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF0.21, compared to a current price of CHF0.08 — trading 59.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is CHF-0.01. 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 Leclanche (XSWX:LECN), the current Cyclically Adjusted Book per Share is CHF-0.01 as of Jun. 2025. 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.

Leclanche Business Description

Other Exchanges LECNz:UK0QP6:UK278:Germany
Address Avenue des Sports 42, Yverdon-les-Bains, CHE, CH-1401
Leclanche SA is a Switzerland-based company. It operates through three segments. Stationery Business, which is the key revenue driver, sells customized systems to both electricity generation markets and transmission and distribution markets. E-Mobility Business Unisells customized systems in mass marine, road, and rail transportation. Specialty Battery Business develops and delivers both turn-key customized solutions and off-the-shelf solutions incorporating battery storage and/or charging solutions utilizing both in-house and third-party technologies for civil, military, medical, and industrial machinery markets. Geographically, it exports its products to the Netherlands, Canada, the USA, Switzerland, Norway, Netherlands, Canada, France, Germany, and others.