London Finance & Investment Group (JSE:LNF) Cyclically Adjusted PB Ratio: 1.06 (As of Jul. 29, 2026)

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JSE:LNF London Finance & Investment Group PLC JSE:LNF
15 GF Score
Price R15.10
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What is London Finance & Investment Group Cyclically Adjusted PB Ratio?

London Finance & Investment Group JSE:LNF 15 Cyclically Adjusted PB Ratio is 1.06 as of Jul. 29, 2026. GuruFocus rates JSE:LNF with a GF Score™ of 15/100.

As of today (2026-07-29), London Finance & Investment Group's current share price is R15.10. London Finance & Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 was R14.22. London Finance & Investment Group's Cyclically Adjusted PB Ratio for today is 1.06.

The historical rank and industry rank for London Finance & Investment Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

JSE:LNF's Cyclically Adjusted PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.84
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

London Finance & Investment Group's adjusted book value per share data of for the fiscal year that ended in Jun24 was R16.787. 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 R14.22 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


London Finance & Investment Group  (JSE:LNF) 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.


London Finance & Investment Group Cyclically Adjusted PB Ratio Related Terms


London Finance & Investment Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for London Finance & Investment 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.

London Finance & Investment Group Cyclically Adjusted PB Ratio Chart

London Finance & Investment Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.59 0.51 0.84

London Finance & Investment Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.00 0.51 0.00 0.84 0.00

JSE:LNF vs BLK, KKR, BX: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, London Finance & Investment 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.


London Finance & Investment Group Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, London Finance & Investment Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where London Finance & Investment Group's Cyclically Adjusted PB Ratio falls into.


JSE:LNF
15GF Score
London Finance & Investment Group PLC JSE:LNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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London Finance & Investment 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.

London Finance & Investment Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.10/14.22
=1.06

* 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.

London Finance & Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, London Finance & Investment Group's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=16.787/133.0000*133.0000
=16.787

Current CPI (Jun24) = 133.0000.

London Finance & Investment Group Annual Data

Book Value per Share CPI Adj_Book
201506 9.584 100.100 12.734
201606 13.131 101.000 17.291
201706 10.835 103.500 13.923
201806 11.571 105.900 14.532
201906 10.827 107.900 13.346
202006 10.856 108.800 13.271
202106 11.814 111.400 14.105
202206 10.668 120.500 11.775
202306 14.018 129.400 14.408
202406 16.787 133.000 16.787

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 1.06 mean?
London Finance & Investment Group (JSE:LNF) has a Cyclically Adjusted PB Ratio of 1.06 as of Jul. 29, 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 London Finance & Investment Group and its competitors.
Is London Finance & Investment Group's Cyclically Adjusted PB Ratio too high?
London Finance & Investment Group's current Cyclically Adjusted PB Ratio is 1.06. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. London Finance & Investment Group's value of 1.06 is 26.2% above this industry median. Overall, London Finance & Investment Group has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does London Finance & Investment Group's Cyclically Adjusted PB Ratio compare to BLK and KKR?
London Finance & Investment Group's Cyclically Adjusted PB Ratio of 1.06 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PB Ratio is 0.84. London Finance & Investment Group's value of 1.06 is 26.2% above this benchmark. 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 1,001 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. London Finance & Investment Group's current Cyclically Adjusted PB Ratio of 1.06 is 26.2% 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 London Finance & Investment Group and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London Finance & Investment Group's current Cyclically Adjusted PB Ratio is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London Finance & Investment Group stock overvalued right now?
London Finance & Investment Group (JSE:LNF) has a current Cyclically Adjusted PB Ratio of 1.06. The current Cyclically Adjusted PB Ratio is 1.06 and 26.2% above the Asset Management industry median of 0.84. London Finance & Investment Group's overall GF Score™ is 15/100. 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 London Finance & Investment Group (JSE:LNF), the current Cyclically Adjusted PB Ratio is 1.06 as of Jul. 29, 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.

London Finance & Investment Group Business Description

Address 25 Southampton Buildings, Suite 1.01, Central Court, London, GBR, WC2A 1AL
London Finance & Investment Group PLC is an investment finance and management company. Its investment objective is to generate growth in shareholder value in real terms over the medium to long term whilst maintaining a progressive dividend policy. The company's portfolio includes companies in the FTSE Eurofirst 300 and S&P 500 indices. It also holds investments in United Kingdom listed companies. The company operates through two classes of business, Investment Operations, which derives maximum revenue, and Management Services.
15GF 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.

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