Lear (FRA:LE6N) Cyclically Adjusted PB Ratio: 1.78 (As of Jul. 30, 2026) — 29% Below Median

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FRA:LE6N Lear Corp FRA:LE6N
83 GF Score
Price €130.00
GF Value €111.34
! 7 Warning Signs
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What is Lear Cyclically Adjusted PB Ratio?

Lear FRA:LE6N +3.17% 83 Cyclically Adjusted PB Ratio is 1.78 as of Jul. 30, 2026, which is 29% below its 10-year median of 2.51. GuruFocus rates FRA:LE6N with a GF Score™ of 83/100 and a GF Value™ of €111.34. The stock has 7 warning signs investors should review. Among 1,024 Vehicles & Parts companies, Lear ranks worse than 58.4% on this metric.

As of today (2026-07-30), Lear's current share price is €130.00. Lear's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €72.95. Lear's Cyclically Adjusted PB Ratio for today is 1.78.

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

FRA:LE6N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.51   Max: 6.33
Current: 1.7

During the past years, Lear's highest Cyclically Adjusted PB Ratio was 6.33. The lowest was 0.97. And the median was 2.51.

FRA:LE6N's Cyclically Adjusted PB Ratio is ranked worse than
58.4% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs FRA:LE6N: 1.70

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.

Lear's adjusted book value per share data for the three months ended in Mar. 2026 was €87.566. 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 €72.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lear  (FRA:LE6N) 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.


Lear Cyclically Adjusted PB Ratio Related Terms


Lear Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lear'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.

Lear Cyclically Adjusted PB Ratio Chart

Lear 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 3.14 1.88 1.96 1.22 1.37

Lear Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.11 1.17 1.21 1.37 1.40

FRA:LE6N vs MBLY, LKQ, GTX: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Lear'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.


Lear Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


FRA:LE6N
83GF Score
Lear Corp FRA:LE6N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lear 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.

Lear's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=130.00/72.95
=1.78

* 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.

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

For example, Lear'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)
=87.566/330.2130*330.2130
=87.566

Current CPI (Mar. 2026) = 330.2130.

Lear Quarterly Data

Book Value per Share CPI Adj_Book
201606 37.489 241.018 51.363
201609 39.060 241.428 53.424
201612 41.742 241.432 57.092
201703 45.172 243.801 61.183
201706 47.360 244.955 63.844
201709 48.074 246.819 64.317
201712 52.444 246.524 70.247
201803 53.756 249.554 71.131
201806 56.048 251.989 73.447
201809 56.999 252.439 74.560
201812 58.666 251.233 77.109
201903 60.195 254.202 78.194
201906 61.225 256.143 78.930
201909 62.942 256.759 80.949
201912 64.776 256.974 83.238
202003 60.771 258.115 77.746
202006 57.299 257.797 73.394
202009 58.494 260.280 74.210
202012 61.149 260.474 77.521
202103 63.983 264.877 79.765
202106 66.188 271.696 80.443
202109 65.908 274.310 79.340
202112 68.920 278.802 81.629
202203 70.646 287.504 81.141
202206 70.711 296.311 78.801
202209 73.357 296.808 81.613
202212 74.762 296.797 83.179
202303 76.873 301.836 84.100
202306 78.247 305.109 84.685
202309 78.150 307.789 83.844
202312 79.161 306.746 85.217
202403 79.123 312.332 83.653
202406 79.051 314.175 83.086
202409 78.665 315.301 82.385
202412 79.349 315.605 83.022
202503 80.598 319.799 83.223
202506 82.814 322.561 84.779
202509 83.223 324.800 84.610
202512 84.901 324.054 86.515
202603 87.566 330.213 87.566

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 1.78 mean?
Lear (FRA:LE6N) has a Cyclically Adjusted PB Ratio of 1.78 as of Jul. 30, 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 Lear and its competitors. This is 29% below median its historical median of 2.51. Over the past decade, Lear's Cyclically Adjusted PB Ratio has ranged from 0.97 to 6.33. According to the industry distribution chart, Lear ranks #598 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 58.4%.
Is Lear's Cyclically Adjusted PB Ratio too high?
Lear's current Cyclically Adjusted PB Ratio of 1.78 is 29% below median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 6.33. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Lear's value of 1.78 is 40.7% above this industry median. Based on the distribution chart, Lear ranks #598 out of 1024 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lear has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Lear's Cyclically Adjusted PB Ratio compare to MBLY and LKQ?
According to the Vehicles & Parts industry distribution chart, Lear ranks #598 out of 1024 companies for Cyclically Adjusted PB Ratio. This places Lear in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Lear's value of 1.78 is 40.7% above this benchmark. Historically, Lear's own Cyclically Adjusted PB Ratio has ranged from 0.97 to 6.33 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 1.27, Lear 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,024 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. Lear's current Cyclically Adjusted PB Ratio of 1.78 is 40.7% 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 Lear and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lear's current Cyclically Adjusted PB Ratio is 1.78, which is 29% below median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lear stock overvalued right now?
Lear (FRA:LE6N) has a current Cyclically Adjusted PB Ratio of 1.78. The stock's GF Value™ is €111.34, compared to a current price of €130.00 — trading 16.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.78, which is 29% below median its 10-year median of 2.51 and 40.7% above the Vehicles & Parts industry median of 1.27. Lear's overall GF Score™ is 83/100 with 7 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 Lear (FRA:LE6N), the current Cyclically Adjusted PB Ratio is 1.78 as of Jul. 30, 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 Lear (FRA:LE6N) Overvalued in 2026?

Based on GuruFocus' analysis, Lear stock appears to be overvalued. The current stock price of €130.00 is trading 16.8% above its estimated GF Value™ of €111.34.

Key valuation signals for FRA:LE6N:

  • Cyclically Adjusted PB Ratio: 1.78 (29% below median its 10-year median of 2.51)
  • GF Value™: €111.34 vs. price of €130.00 (16.8% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 40.7% above the Vehicles & Parts median (#598 of 1024)

No single metric tells the full story. See the FRA:LE6N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lear Business Description

Other Exchanges LEA:USA0JTQ:UK
Address 21557 Telegraph Road, Southfield, MI, USA, 48033
Lear Corp designs, develops, and manufactures automotive seating and electrical systems and components. The company has two reporting segments Seating and E-Systems. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems. The company earns majority of its revenue from the seating segment.
83GF Score

Get the complete analysis for FRA:LE6N

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

€130.00
Price
€111.34
GF Value