Lindab International AB (FRA:L5E) Cyclically Adjusted PB Ratio: 1.54 (As of Aug. 29, 2026) — 36% Below Median

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FRA:L5E Lindab International AB FRA:L5E
71 GF Score
Price €11.66
GF Value €17.39
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Lindab International AB Cyclically Adjusted PB Ratio?

Lindab International AB FRA:L5E +2.91% 71 Cyclically Adjusted PB Ratio is 1.54 as of Aug. 29, 2026, which is 36% below its 10-year median of 2.39. GuruFocus rates FRA:L5E with a GF Score™ of 71/100 and a GF Value™ of €17.39 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 1,239 Construction companies, Lindab International AB ranks worse than 59% on this metric.

As of today (2026-08-29), Lindab International AB's current share price is €11.66. Lindab International AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €7.59. Lindab International AB's Cyclically Adjusted PB Ratio for today is 1.54.

The historical rank and industry rank for Lindab International AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:L5E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.39   Max: 5.76
Current: 1.54

During the past years, Lindab International AB's highest Cyclically Adjusted PB Ratio was 5.76. The lowest was 1.30. And the median was 2.39.

FRA:L5E's Cyclically Adjusted PB Ratio is ranked worse than
59% of 1239 companies
in the Construction industry
Industry Median: 1.16 vs FRA:L5E: 1.54

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.

Lindab International AB's adjusted book value per share data for the three months ended in Jun. 2026 was €8.643. 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 €7.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindab International AB  (FRA:L5E) 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.


Lindab International AB Cyclically Adjusted PB Ratio Related Terms


Lindab International AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lindab International AB'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.

Lindab International AB Cyclically Adjusted PB Ratio Chart

Lindab International AB 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 5.75 1.90 2.66 2.88 2.51

Lindab International AB 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 2.40 2.41 2.51 1.81 1.52

FRA:L5E vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Lindab International AB'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.


Lindab International AB Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Lindab International AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:L5E
71GF Score
Lindab International AB FRA:L5E
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindab International AB 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.

Lindab International AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.66/7.59
=1.54

* 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.

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

For example, Lindab International AB'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)
=8.643/134.6100*134.6100
=8.643

Current CPI (Jun. 2026) = 134.6100.

Lindab International AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.156 101.138 6.862
201612 5.191 102.022 6.849
201703 5.385 102.022 7.105
201706 5.252 102.752 6.880
201709 5.436 103.279 7.085
201712 5.446 103.793 7.063
201803 5.544 103.962 7.178
201806 5.448 104.875 6.993
201809 5.510 105.679 7.018
201812 5.693 105.912 7.236
201903 5.793 105.886 7.364
201906 5.802 106.742 7.317
201909 6.061 107.214 7.610
201912 6.284 107.766 7.849
202003 6.241 106.563 7.884
202006 6.301 107.498 7.890
202009 6.437 107.635 8.050
202012 6.665 108.296 8.284
202103 6.983 108.360 8.675
202106 7.042 108.928 8.702
202109 6.890 110.338 8.406
202112 7.194 112.486 8.609
202203 7.364 114.825 8.633
202206 7.504 118.384 8.533
202209 7.827 122.296 8.615
202212 8.012 126.365 8.535
202303 8.156 127.042 8.642
202306 8.005 129.407 8.327
202309 7.963 130.224 8.231
202312 8.418 131.912 8.590
202403 8.700 132.205 8.858
202406 8.398 132.716 8.518
202409 8.513 132.304 8.661
202412 8.306 132.987 8.407
202503 8.524 132.825 8.639
202506 8.272 133.699 8.328
202509 8.712 133.480 8.786
202512 8.730 133.390 8.810
202603 9.040 133.560 9.111
202606 8.643 134.610 8.643

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.

What does a Cyclically Adjusted PB Ratio of 1.54 mean?
Lindab International AB (FRA:L5E) has a Cyclically Adjusted PB Ratio of 1.54 as of Aug. 29, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lindab International AB and its competitors. This is 36% below median its historical median of 2.39. Over the past decade, Lindab International AB's Cyclically Adjusted PB Ratio has ranged from 1.30 to 5.76. According to the industry distribution chart, Lindab International AB ranks #731 out of 1239 companies in the Construction industry, placing it in the top 59%.
Is Lindab International AB's Cyclically Adjusted PB Ratio too high?
Lindab International AB's current Cyclically Adjusted PB Ratio of 1.54 is 36% below median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 5.76. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Lindab International AB's value of 1.54 is 32.8% above this industry median. Based on the distribution chart, Lindab International AB ranks #731 out of 1239 companies in the Construction industry, which is below the industry midpoint. Overall, Lindab International AB has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lindab International AB's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Lindab International AB ranks #731 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Lindab International AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Lindab International AB's value of 1.54 is 32.8% above this benchmark. Historically, Lindab International AB's own Cyclically Adjusted PB Ratio has ranged from 1.30 to 5.76 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 1.16, Lindab International AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,239 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lindab International AB's current Cyclically Adjusted PB Ratio of 1.54 is 32.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lindab International AB and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindab International AB's current Cyclically Adjusted PB Ratio is 1.54, which is 36% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindab International AB stock overvalued right now?
Based on GuruFocus' analysis, Lindab International AB (FRA:L5E) is currently considered Significantly Undervalued. The stock's GF Value™ is €17.39, compared to a current price of €11.66 — trading 32.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.54, which is 36% below median its 10-year median of 2.39 and 32.8% above the Construction industry median of 1.16. Lindab International AB's overall GF Score™ is 71/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Lindab International AB (FRA:L5E), the current Cyclically Adjusted PB Ratio is 1.54 as of Aug. 29, 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 Lindab International AB (FRA:L5E) Overvalued in 2026?

Based on GuruFocus' analysis, Lindab International AB stock appears to be undervalued. The current stock price of €11.66 is trading 32.9% below its estimated GF Value™ of €17.39. GuruFocus considers Lindab International AB to be Significantly Undervalued.

Key valuation signals for FRA:L5E:

  • Cyclically Adjusted PB Ratio: 1.54 (36% below median its 10-year median of 2.39)
  • GF Value™: €17.39 vs. price of €11.66 (32.9% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 32.8% above the Construction median (#731 of 1239)

No single metric tells the full story. See the FRA:L5E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lindab International AB Business Description

Other Exchanges LIAB:SwedenLIABs:UK0MWK:UK
Address Stalhogavagen 115, Bastad, SWE, SE-269 82
Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.
71GF Score

Get the complete analysis for FRA:L5E

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

€11.66
Price
€17.39
GF Value