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Lindsay (FRA:LMF) Cyclically Adjusted PB Ratio : 3.58 (As of Jun. 02, 2025)


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What is Lindsay Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Lindsay's current share price is €122.50. Lindsay's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was €34.19. Lindsay's Cyclically Adjusted PB Ratio for today is 3.58.

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

FRA:LMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.95   Med: 3.66   Max: 6.08
Current: 3.88

During the past years, Lindsay's highest Cyclically Adjusted PB Ratio was 6.08. The lowest was 2.95. And the median was 3.66.

FRA:LMF's Cyclically Adjusted PB Ratio is ranked worse than
82.08% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.68 vs FRA:LMF: 3.88

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.

Lindsay's adjusted book value per share data for the three months ended in Feb. 2025 was €45.625. 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 €34.19 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindsay Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lindsay'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.

Lindsay Cyclically Adjusted PB Ratio Chart

Lindsay Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 5.58 4.94 3.66 3.53

Lindsay Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 3.46 3.29 3.53 3.76 3.67

Competitive Comparison of Lindsay's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Lindsay'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.


Lindsay's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lindsay 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=122.50/34.19
=3.58

* 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.

Lindsay's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Lindsay's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book=Book Value per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=45.625/134.6241*134.6241
=45.625

Current CPI (Feb. 2025) = 134.6241.

Lindsay Quarterly Data

Book Value per Share CPI Adj_Book
201505 24.483 100.333 32.851
201508 22.952 100.548 30.730
201511 23.479 100.135 31.566
201602 20.920 100.040 28.152
201605 20.369 101.355 27.055
201608 21.110 101.617 27.967
201611 21.595 101.829 28.550
201702 22.329 102.779 29.248
201705 22.325 103.256 29.107
201708 21.383 103.587 27.790
201711 21.394 104.072 27.674
201802 20.559 105.052 26.346
201805 21.823 106.148 27.677
201808 22.287 106.383 28.203
201811 22.571 106.338 28.575
201902 22.202 106.649 28.026
201905 22.410 108.048 27.922
201908 22.353 108.245 27.800
201911 22.847 108.519 28.343
202002 23.471 109.139 28.952
202005 23.948 108.175 29.803
202008 23.281 109.662 28.580
202011 23.663 109.793 29.015
202102 24.189 110.968 29.345
202105 25.364 113.576 30.064
202108 26.373 115.421 30.761
202111 27.298 117.269 31.338
202202 28.613 119.703 32.180
202205 32.806 123.323 35.812
202208 35.359 124.958 38.094
202211 36.077 125.607 38.667
202302 35.829 126.928 38.002
202305 36.502 128.314 38.297
202308 37.947 129.538 39.437
202311 39.103 129.548 40.635
202402 40.563 130.930 41.707
202405 40.786 132.509 41.437
202408 40.211 132.816 40.758
202411 42.338 133.110 42.820
202502 45.625 134.624 45.625

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.


Lindsay  (FRA:LMF) 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.


Lindsay Cyclically Adjusted PB Ratio Related Terms

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


Lindsay Business Description

Traded in Other Exchanges
Address
18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides various proprietary water management and road infrastructure products and services. It has operations categorized into two main reporting segments: Irrigation, and Infrastructure. The company generates maximum revenue from the Irrigation segment. Its Irrigation segment includes manufacturing and marketing center pivot, lateral move, and hose reel irrigation systems, as well as various technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of its revenue from the United States.

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