LKQ (BSP:L1KQ34) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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.
Reviewed by: Charlie Tian Charlie Tian
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.

BSP:L1KQ34 LKQ Corp BSP:L1KQ34
19 GF Score
Price R$124.86
GF Value R$178.78
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is LKQ Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LKQ  (BSP:L1KQ34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


LKQ Cyclically Adjusted PB Ratio Related Terms


LKQ Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LKQ's Cyclically Adjusted PB Ratio 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.

LKQ Cyclically Adjusted PB Ratio Chart

LKQ Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.89 4.16 3.07 2.31 1.61

LKQ Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 2.60 1.79 1.67 1.55 1.13

BSP:L1KQ34 vs LEA, MBLY, GTX: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, LKQ'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.


LKQ Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LKQ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:L1KQ34
19GF Score
LKQ Corp BSP:L1KQ34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LKQ Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

LKQ's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, LKQ's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=132.177/333.9520*333.9520
=132.177

Current CPI (Jun. 2026) = 333.9520.

LKQ Quarterly Data

Book Value per Share CPI Adj_Book
201609 36.212 241.428 50.090
201612 36.436 241.432 50.399
201703 37.146 243.801 50.882
201706 41.404 244.955 56.447
201709 41.365 246.819 55.968
201712 45.140 246.524 61.149
201803 47.434 249.554 63.476
201806 57.828 251.989 76.637
201809 61.465 252.439 81.312
201812 59.320 251.233 78.851
201903 60.200 254.202 79.086
201906 60.761 256.143 79.218
201909 66.242 256.759 86.157
201912 66.527 256.974 86.456
202003 85.516 258.115 110.642
202006 93.406 257.797 120.999
202009 100.746 260.280 129.262
202012 97.456 260.474 124.948
202103 109.786 264.877 138.416
202106 100.227 271.696 123.193
202109 110.788 274.310 134.876
202112 112.765 278.802 135.071
202203 97.192 287.504 112.894
202206 106.423 296.311 119.942
202209 106.154 296.808 119.439
202212 108.459 296.797 122.037
202303 108.548 301.836 120.098
202306 107.977 305.109 118.184
202309 112.043 307.789 121.567
202312 112.368 306.746 122.334
202403 115.728 312.332 123.739
202406 129.169 314.175 137.300
202409 130.307 315.301 138.015
202412 143.824 315.605 152.185
202503 137.237 319.799 143.311
202506 138.790 322.561 143.691
202509 136.702 324.800 140.554
202512 140.991 324.054 145.297
202603 132.800 330.213 134.304
202606 132.177 333.952 132.177

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

Is LKQ (BSP:L1KQ34) Overvalued in 2026?

Based on GuruFocus' analysis, LKQ stock appears to be undervalued. The current stock price of R$124.86 is trading 30.2% below its estimated GF Value™ of R$178.78. GuruFocus considers LKQ to be Significantly Undervalued.

Key valuation signals for BSP:L1KQ34:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$178.78 vs. price of R$124.86 (30.2% below fair value)
  • GF Score™: 19/100 with 4 warning signs

No single metric tells the full story. See the BSP:L1KQ34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LKQ Business Description

Address 5846 Crossings Boulevard, Antioch, TN, USA, 37013
LKQ Corp is a world-wide distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, and specialty aftermarket products and accessories to improve the performance, functionality and appearance of vehicles. The company is organized into three operating segments: North America; Europe; and Specialty segment. It derives maximum revenue from Europe Segment. Europe segment is a provider of alternative vehicle replacement and maintenance products in Germany, the United Kingdom, the Benelux region (Belgium, Netherlands, and Luxembourg), Italy, Czech Republic, Austria, Slovakia, France and various other European countries.
19GF Score

Get the complete analysis for BSP:L1KQ34

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

R$124.86
Price
R$178.78
GF Value