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Lakeland Industries (FRA:LLI) Cyclically Adjusted PB Ratio : 1.30 (As of Jun. 02, 2024)


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What is Lakeland Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Lakeland Industries's current share price is €17.00. Lakeland Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €13.09. Lakeland Industries's Cyclically Adjusted PB Ratio for today is 1.30.

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

FRA:LLI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.05   Max: 3.55
Current: 1.31

During the past years, Lakeland Industries's highest Cyclically Adjusted PB Ratio was 3.55. The lowest was 0.32. And the median was 1.05.

FRA:LLI's Cyclically Adjusted PB Ratio is ranked worse than
56.54% of 764 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs FRA:LLI: 1.31

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.

Lakeland Industries's adjusted book value per share data for the three months ended in Jan. 2024 was €15.388. 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 €13.09 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lakeland Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lakeland Industries'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.

* Premium members only.

Lakeland Industries Cyclically Adjusted PB Ratio Chart

Lakeland Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 2.41 1.71 1.09 1.27

Lakeland Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.09 0.89 1.12 1.04 1.27

Competitive Comparison of Lakeland Industries's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Lakeland Industries'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.


Lakeland Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lakeland Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lakeland Industries 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.

Lakeland Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.00/13.09
=1.30

* 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.

Lakeland Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Lakeland Industries's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=15.388/130.1244*130.1244
=15.388

Current CPI (Jan. 2024) = 130.1244.

Lakeland Industries Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.379 100.023 8.299
201407 6.477 100.520 8.385
201410 6.157 100.176 7.998
201501 7.717 98.604 10.184
201504 8.482 99.824 11.057
201507 8.490 100.691 10.972
201510 8.538 100.346 11.072
201601 8.572 99.957 11.159
201604 8.272 100.947 10.663
201607 8.623 101.524 11.052
201610 8.828 101.988 11.263
201701 9.254 102.456 11.753
201704 9.405 103.167 11.862
201707 8.942 103.278 11.266
201710 9.132 104.070 11.418
201801 8.370 104.578 10.415
201804 8.498 105.708 10.461
201807 9.008 106.324 11.024
201810 9.197 106.695 11.217
201901 9.098 106.200 11.148
201904 9.206 107.818 11.111
201907 9.314 108.250 11.196
201910 9.511 108.577 11.398
202001 9.612 108.841 11.492
202004 10.789 108.173 12.978
202007 11.268 109.318 13.413
202010 12.099 109.861 14.331
202101 12.519 110.364 14.760
202104 13.257 112.673 15.310
202107 13.570 115.183 15.330
202110 14.127 116.696 15.753
202201 14.521 118.619 15.929
202204 15.065 121.978 16.071
202207 15.834 125.002 16.483
202210 16.469 125.734 17.044
202301 15.202 126.223 15.672
202304 14.895 127.992 15.143
202307 14.903 128.974 15.036
202310 15.892 129.810 15.931
202401 15.388 130.124 15.388

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.


Lakeland Industries  (FRA:LLI) 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.


Lakeland Industries Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Lakeland Industries's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeland Industries (FRA:LLI) Business Description

Traded in Other Exchanges
Address
1525 Perimeter Parkway, Suite 325, Huntsville, AL, USA, 35806
Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. The company's geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.

Lakeland Industries (FRA:LLI) Headlines

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