Distribution Solutions Group (FRA:LW2) Cyclically Adjusted PB Ratio: 3.10 (As of Sep. 17, 2026) — Near Median

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FRA:LW2 Distribution Solutions Group Inc FRA:LW2
74 GF Score
Price €29.80
GF Value €28.91
! 9 Warning Signs
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What is Distribution Solutions Group Cyclically Adjusted PB Ratio?

Distribution Solutions Group FRA:LW2 +0.68% 74 Cyclically Adjusted PB Ratio is 3.10 as of Sep. 17, 2026, which is 4% below its 10-year median of 3.22. GuruFocus rates FRA:LW2 with a GF Score™ of 74/100 and a GF Value™ of €28.91. The stock has 9 warning signs investors should review. Among 124 Industrial Distribution companies, Distribution Solutions Group ranks worse than 78.23% on this metric.

As of today (2026-09-17), Distribution Solutions Group's current share price is €29.80. Distribution Solutions Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.63. Distribution Solutions Group's Cyclically Adjusted PB Ratio for today is 3.10.

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

FRA:LW2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 3.22   Max: 5.55
Current: 3.24

During the past years, Distribution Solutions Group's highest Cyclically Adjusted PB Ratio was 5.55. The lowest was 1.15. And the median was 3.22.

FRA:LW2's Cyclically Adjusted PB Ratio is ranked worse than
78.23% of 124 companies
in the Industrial Distribution industry
Industry Median: 1.165 vs FRA:LW2: 3.24

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.

Distribution Solutions Group's adjusted book value per share data for the three months ended in Jun. 2026 was €12.385. 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 €9.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Distribution Solutions Group  (FRA:LW2) 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.


Distribution Solutions Group Cyclically Adjusted PB Ratio Related Terms


Distribution Solutions Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Distribution Solutions Group'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.

Distribution Solutions Group Cyclically Adjusted PB Ratio Chart

Distribution Solutions Group 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 5.10 2.81 4.06 4.01 2.56

Distribution Solutions Group 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 2.74 2.78 2.63 2.38 2.37

FRA:LW2 vs GIC, BXC, TITN: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Distribution Solutions Group'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.


Distribution Solutions Group Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Distribution Solutions Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:LW2
74GF Score
Distribution Solutions Group Inc FRA:LW2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Distribution Solutions Group 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.

Distribution Solutions Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.80/9.628
=3.10

* 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.

Distribution Solutions Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Distribution Solutions Group'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)
=12.385/333.9520*333.9520
=12.385

Current CPI (Jun. 2026) = 333.9520.

Distribution Solutions Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.335 241.428 4.613
201612 3.281 241.432 4.538
201703 3.297 243.801 4.516
201706 3.492 244.955 4.761
201709 3.458 246.819 4.679
201712 4.380 246.524 5.933
201803 4.280 249.554 5.727
201806 4.679 251.989 6.201
201809 4.731 252.439 6.259
201812 4.843 251.233 6.438
201903 5.296 254.202 6.957
201906 5.344 256.143 6.967
201909 5.785 256.759 7.524
201912 5.319 256.974 6.912
202003 5.913 258.115 7.650
202006 5.884 257.797 7.622
202009 5.728 260.280 7.349
202012 5.521 260.474 7.078
202103 5.962 264.877 7.517
202106 6.080 271.696 7.473
202109 6.385 274.310 7.773
202112 7.080 278.802 8.480
202203 7.033 287.504 8.169
202206 13.327 296.311 15.020
202209 14.384 296.808 16.184
202212 13.584 296.797 15.285
202303 12.470 301.836 13.797
202306 13.268 305.109 14.522
202309 13.632 307.789 14.791
202312 12.809 306.746 13.945
202403 12.950 312.332 13.846
202406 13.029 314.175 13.849
202409 13.023 315.301 13.793
202412 13.202 315.605 13.969
202503 12.658 319.799 13.218
202506 11.955 322.561 12.377
202509 12.023 324.800 12.362
202512 11.972 324.054 12.338
202603 12.177 330.213 12.315
202606 12.385 333.952 12.385

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 3.10 mean?
Distribution Solutions Group (FRA:LW2) has a Cyclically Adjusted PB Ratio of 3.10 as of Sep. 17, 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 Distribution Solutions Group and its competitors. This is near median its historical median of 3.22. Over the past decade, Distribution Solutions Group's Cyclically Adjusted PB Ratio has ranged from 1.15 to 5.55. According to the industry distribution chart, Distribution Solutions Group ranks #97 out of 124 companies in the Industrial Distribution industry, placing it in the top 78.2%.
Is Distribution Solutions Group's Cyclically Adjusted PB Ratio too high?
Distribution Solutions Group's current Cyclically Adjusted PB Ratio of 3.10 is near median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 5.55. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.17. Distribution Solutions Group's value of 3.10 is 166.1% above this industry median. Based on the distribution chart, Distribution Solutions Group ranks #97 out of 124 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Distribution Solutions Group has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Distribution Solutions Group's Cyclically Adjusted PB Ratio compare to GIC and BXC?
According to the Industrial Distribution industry distribution chart, Distribution Solutions Group ranks #97 out of 124 companies for Cyclically Adjusted PB Ratio. This places Distribution Solutions Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Distribution Solutions Group's value of 3.10 is 166.1% above this benchmark. Historically, Distribution Solutions Group's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 5.55 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.17, Distribution Solutions Group 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.17, based on 124 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. Distribution Solutions Group's current Cyclically Adjusted PB Ratio of 3.10 is 166.1% 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 Distribution Solutions Group and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Distribution Solutions Group's current Cyclically Adjusted PB Ratio is 3.10, which is near median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Distribution Solutions Group stock overvalued right now?
Distribution Solutions Group (FRA:LW2) has a current Cyclically Adjusted PB Ratio of 3.10. The stock's GF Value™ is €28.91, compared to a current price of €29.80 — trading 3.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.10, which is near median its 10-year median of 3.22 and 166.1% above the Industrial Distribution industry median of 1.17. Distribution Solutions Group's overall GF Score™ is 74/100 with 9 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 Distribution Solutions Group (FRA:LW2), the current Cyclically Adjusted PB Ratio is 3.10 as of Sep. 17, 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 Distribution Solutions Group (FRA:LW2) Overvalued in 2026?

Based on GuruFocus' analysis, Distribution Solutions Group stock appears to be overvalued. The current stock price of €29.80 is trading 3.1% above its estimated GF Value™ of €28.91.

Key valuation signals for FRA:LW2:

  • Cyclically Adjusted PB Ratio: 3.10 (near median its 10-year median of 3.22)
  • GF Value™: €28.91 vs. price of €29.80 (3.1% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 166.1% above the Industrial Distribution median (#97 of 124)

No single metric tells the full story. See the FRA:LW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Distribution Solutions Group Business Description

Other Exchanges DSGR:USALW2:Germany
Address 301 Commerce Street, Suite 1700, Fort Worth, TX, USA, 76102
Distribution Solutions Group Inc is a specialty distribution company providing value-added distribution solutions to the maintenance, repair and operations (MRO), original equipment manufacturer (OEM) and industrial technology markets. The company operates through four reportable segments: Lawson, TestEquity, Gexpro Services and Canada Branch Division. Lawson distributes specialty products and services to the industrial, commercial, institutional and government MRO marketplace. TestEquity, which generates maximum revenue, distributes test and measurement equipment and solutions, industrial and electronic production supplies and vendor managed inventory programs. Gexpro Services is a supply chain solutions provider. The company generates majority of its revenue from United States.
74GF Score

Get the complete analysis for FRA:LW2

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

€29.80
Price
€28.91
GF Value