LG Display Co (FRA:LGA) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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.
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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.

FRA:LGA LG Display Co Ltd FRA:LGA
71 GF Score
Price €2.50
GF Value €3.12
Valuation Modestly Undervalued
! 6 Warning Signs
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What is LG Display Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co  (FRA:LGA) 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.


LG Display Co Cyclically Adjusted PB Ratio Related Terms


LG Display Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LG Display Co'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.

LG Display Co Cyclically Adjusted PB Ratio Chart

LG Display Co 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 0.63 0.31 0.29 0.22 0.28

LG Display Co 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 0.21 0.33 0.27 0.24 0.26

FRA:LGA vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, LG Display Co'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.


LG Display Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, LG Display Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:LGA
71GF Score
LG Display Co Ltd FRA:LGA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LG Display Co 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.

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

For example, LG Display Co'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)
=4.319/126.4904*126.4904
=4.319

Current CPI (Jun. 2026) = 126.4904.

LG Display Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.755 101.461 15.901
201612 13.561 101.561 16.890
201703 14.709 102.851 18.090
201706 14.347 102.611 17.686
201709 14.376 103.491 17.571
201712 14.956 102.991 18.369
201803 14.513 104.101 17.634
201806 14.332 104.130 17.410
201809 14.634 105.651 17.521
201812 14.977 104.351 18.155
201903 15.394 104.491 18.635
201906 14.374 104.881 17.336
201909 14.098 105.200 16.951
201912 12.346 105.121 14.856
202003 12.070 105.354 14.491
202006 11.495 105.112 13.833
202009 11.392 106.198 13.569
202012 12.292 105.765 14.701
202103 12.773 107.357 15.049
202106 13.223 107.579 15.548
202109 13.665 108.759 15.893
202112 14.014 109.676 16.162
202203 14.043 111.848 15.881
202206 13.831 114.072 15.337
202209 13.078 114.715 14.420
202212 10.764 115.179 11.821
202303 9.553 116.507 10.372
202306 8.490 117.182 9.164
202309 7.986 118.964 8.491
202312 7.911 118.837 8.420
202403 6.562 120.123 6.910
202406 6.222 120.007 6.558
202409 5.717 120.861 5.983
202412 5.296 121.135 5.530
202503 4.925 122.590 5.082
202506 4.796 122.611 4.948
202509 4.801 123.402 4.921
202512 4.634 123.939 4.729
202603 4.405 125.236 4.449
202606 4.319 126.490 4.319

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 LG Display Co (FRA:LGA) Overvalued in 2026?

Based on GuruFocus' analysis, LG Display Co stock appears to be undervalued. The current stock price of €2.50 is trading 19.9% below its estimated GF Value™ of €3.12. GuruFocus considers LG Display Co to be Modestly Undervalued.

Key valuation signals for FRA:LGA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €3.12 vs. price of €2.50 (19.9% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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


LG Display Co Business Description

Address 128 Yeoui-daero, LG Twin Towers, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display Co Ltd manufacture TFT-LCD and OLED technology-based display panels in a broad range of sizes and specifications mainly for use in IT products (comprising notebook computers, desktop monitors and tablet computers), televisions, mobile devices, including smartphones, as well as auto products, and it are one of the world's suppliers of large-sized OLED television panels. It also manufacture display panels for industrial and other applications, including entertainment systems and medical diagnostic equipment.
71GF Score

Get the complete analysis for FRA:LGA

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

€2.50
Price
€3.12
GF Value