LG Display Co (FRA:LGA) Cyclically Adjusted PB Ratio: 0.33 (As of Jul. 23, 2026) — 27% Below Median

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FRA:LGA LG Display Co Ltd FRA:LGA
60 GF Score
Price €2.94
GF Value €2.91
Valuation Fairly Valued
! 5 Warning Signs
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What is LG Display Co Cyclically Adjusted PB Ratio?

LG Display Co FRA:LGA +2.88% 60 Cyclically Adjusted PB Ratio is 0.33 as of Jul. 23, 2026, which is 27% below its 10-year median of 0.45. GuruFocus rates FRA:LGA with a GF Score™ of 60/100 and a GF Value™ of €2.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,980 Hardware companies, LG Display Co ranks better than 92.53% on this metric.

As of today (2026-07-23), LG Display Co's current share price is €2.94. LG Display Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.03. LG Display Co's Cyclically Adjusted PB Ratio for today is 0.33.

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

FRA:LGA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.45   Max: 1.17
Current: 0.32

During the past years, LG Display Co's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.24. And the median was 0.45.

FRA:LGA's Cyclically Adjusted PB Ratio is ranked better than
92.53% of 1980 companies
in the Hardware industry
Industry Median: 2.01 vs FRA:LGA: 0.32

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.

LG Display Co's adjusted book value per share data for the three months ended in Mar. 2026 was €3.749. 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 €9.03 for the trailing ten years ended in Mar. 2026.

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 0.68 0.33 0.34 0.27 0.37

LG Display Co 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 0.26 0.27 0.45 0.37 0.35

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
60GF Score
LG Display Co Ltd FRA:LGA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.94/9.03
=0.33

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

For example, LG Display Co'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)
=3.749/125.2360*125.2360
=3.749

Current CPI (Mar. 2026) = 125.2360.

LG Display Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.634 100.791 14.456
201609 12.216 101.461 15.079
201612 13.323 101.561 16.429
201703 13.958 102.851 16.996
201706 14.141 102.611 17.259
201709 13.829 103.491 16.735
201712 14.393 102.991 17.502
201803 13.849 104.101 16.661
201806 14.001 104.130 16.839
201809 13.550 105.651 16.062
201812 14.049 104.351 16.861
201903 14.122 104.491 16.926
201906 13.085 104.881 15.625
201909 12.825 105.200 15.268
201912 11.150 105.121 13.284
202003 10.839 105.354 12.884
202006 10.248 105.112 12.210
202009 10.120 106.198 11.934
202012 10.990 105.765 13.013
202103 11.275 107.357 13.153
202106 11.634 107.579 13.544
202109 12.089 108.759 13.920
202112 12.585 109.676 14.370
202203 12.452 111.848 13.942
202206 12.288 114.072 13.491
202209 11.608 114.715 12.673
202212 9.252 115.179 10.060
202303 8.230 116.507 8.847
202306 7.212 117.182 7.708
202309 6.585 118.964 6.932
202312 6.525 118.837 6.876
202403 5.484 120.123 5.717
202406 5.142 120.007 5.366
202409 4.725 120.861 4.896
202412 4.339 121.135 4.486
202503 3.980 122.590 4.066
202506 4.119 122.611 4.207
202509 4.118 123.402 4.179
202512 3.849 123.939 3.889
202603 3.749 125.236 3.749

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 0.33 mean?
LG Display Co (FRA:LGA) has a Cyclically Adjusted PB Ratio of 0.33 as of Jul. 23, 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 LG Display Co and its competitors. This is 27% below median its historical median of 0.45. Over the past decade, LG Display Co's Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.17. According to the industry distribution chart, LG Display Co ranks #148 out of 1980 companies in the Hardware industry, placing it in the top 7.5%.
Is LG Display Co's Cyclically Adjusted PB Ratio too high?
LG Display Co's current Cyclically Adjusted PB Ratio of 0.33 is 27% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.17. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. LG Display Co's value of 0.33 is 83.6% below this industry median. Based on the distribution chart, LG Display Co ranks #148 out of 1980 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, LG Display Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LG Display Co's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, LG Display Co ranks #148 out of 1980 companies for Cyclically Adjusted PB Ratio. This places LG Display Co in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.01. LG Display Co's value of 0.33 is 83.6% below this benchmark. Historically, LG Display Co's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.17 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 2.01, LG Display Co has consistently been below 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.01, based on 1,980 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. LG Display Co's current Cyclically Adjusted PB Ratio of 0.33 is 83.6% below 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 LG Display Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LG Display Co's current Cyclically Adjusted PB Ratio is 0.33, which is 27% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LG Display Co stock overvalued right now?
Based on GuruFocus' analysis, LG Display Co (FRA:LGA) is currently considered Fairly Valued. The stock's GF Value™ is €2.91, compared to a current price of €2.94 — trading 1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is 27% below median its 10-year median of 0.45 and 83.6% below the Hardware industry median of 2.01. LG Display Co's overall GF Score™ is 60/100 with 5 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 LG Display Co (FRA:LGA), the current Cyclically Adjusted PB Ratio is 0.33 as of Jul. 23, 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 LG Display Co (FRA:LGA) Overvalued in 2026?

Based on GuruFocus' analysis, LG Display Co stock appears to be overvalued. The current stock price of €2.94 is trading 1% above its estimated GF Value™ of €2.91. GuruFocus considers LG Display Co to be Fairly Valued.

Key valuation signals for FRA:LGA:

  • Cyclically Adjusted PB Ratio: 0.33 (27% below median its 10-year median of 0.45)
  • GF Value™: €2.91 vs. price of €2.94 (1% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 83.6% below the Hardware median (#148 of 1980)

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.
60GF Score

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

€2.94
Price
€2.91
GF Value