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LCI Industries (LCI Industries) Cyclically Adjusted PB Ratio : 2.84 (As of May. 01, 2024)


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What is LCI Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-01), LCI Industries's current share price is $103.98. LCI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.62. LCI Industries's Cyclically Adjusted PB Ratio for today is 2.84.

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

LCII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 4.64   Max: 8.19
Current: 2.94

During the past years, LCI Industries's highest Cyclically Adjusted PB Ratio was 8.19. The lowest was 2.77. And the median was 4.64.

LCII's Cyclically Adjusted PB Ratio is ranked worse than
77.21% of 904 companies
in the Vehicles & Parts industry
Industry Median: 1.235 vs LCII: 2.94

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.

LCI Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $53.504. 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 $36.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LCI Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LCI 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.

LCI Industries Cyclically Adjusted PB Ratio Chart

LCI Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 5.80 5.87 2.89 3.43

LCI Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.89 3.29 3.64 3.28 3.43

Competitive Comparison of LCI Industries's Cyclically Adjusted PB Ratio

For the Recreational Vehicles subindustry, LCI 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.


LCI Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LCI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.98/36.62
=2.84

* 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.

LCI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, LCI Industries's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=53.504/129.4194*129.4194
=53.504

Current CPI (Dec. 2023) = 129.4194.

LCI Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.295 99.695 18.557
201406 15.193 100.560 19.553
201409 15.958 100.428 20.565
201412 16.558 99.070 21.630
201503 15.332 99.621 19.918
201506 16.405 100.684 21.087
201509 17.298 100.392 22.300
201512 18.008 99.792 23.354
201603 19.074 100.470 24.570
201606 20.459 101.688 26.038
201609 21.579 101.861 27.417
201612 22.233 101.863 28.248
201703 23.467 102.862 29.526
201706 24.864 103.349 31.136
201709 25.943 104.136 32.242
201712 26.120 104.011 32.501
201803 26.921 105.290 33.091
201806 28.283 106.317 34.429
201809 29.171 106.507 35.447
201812 28.408 105.998 34.685
201903 28.869 107.251 34.836
201906 30.084 108.070 36.027
201909 31.060 108.329 37.107
201912 31.968 108.420 38.160
202003 32.140 108.902 38.195
202006 32.470 108.767 38.635
202009 34.808 109.815 41.022
202012 36.108 109.897 42.522
202103 37.999 111.754 44.005
202106 39.027 114.631 44.062
202109 40.800 115.734 45.624
202112 43.243 117.630 47.577
202203 49.553 121.301 52.869
202206 54.831 125.017 56.762
202209 55.979 125.227 57.853
202212 54.850 125.222 56.689
202303 53.740 127.348 54.614
202306 54.134 128.729 54.424
202309 54.183 129.860 53.999
202312 53.504 129.419 53.504

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.


LCI Industries  (NYSE:LCII) 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.


LCI Industries Cyclically Adjusted PB Ratio Related Terms

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


LCI Industries (LCI Industries) Business Description

Traded in Other Exchanges
Address
3501 County Road 6 East, Elkhart, IN, USA, 46514
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.
Executives
Brendan Deely director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Linda Kristine Myers director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Stephanie K. Mains director C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Lillian Etzkorn officer: EVP & CFO 1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Eileen S Pruitt officer: Deputy CHRO C/O LCI INDUSTRIES, 3501 COUNTRY ROAD 6 EAST, ELKHART IN 46514
Nick C Fletcher officer: CHIEF HUMAN RESOURCES OFFICER 3305 HIDDEN SPRINGS LANE, PROSPECT KY 40059
James Gero director C/O ORTHOFIX INTERNATIONAL, 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Kieran M O'sullivan director 2375 CABOT DRIVE, LISLE IL 60532
Jamie Schnur officer: Chief Administrative Officer C/O LIPPERT COMPONENTS, 2703 COLLEGE AVENUE, GOSHEN IN 46526
Jason Lippert director, officer: Chief Executive Officer C/O LIPPERT COMPONENTS INC, 2375 TAMIAMI TRAIL NORTH STE 11, NAPLES FL 34103
Ryan Richard Smith officer: Group President - N.A. C/O LCI INDUSTRIES, 3501 COUNTY ROAD 6 EAST, ELKHART IN 46514
David A Reed director TEXAS INDUSTRIES INC, 1341 W MOCKINGBIRD LN, DALLAS TX 75247
Ronald Fenech director 419 WEST PIKE STREET, JACKSON CENTER OH 45334
John A. Sirpilla director C/O LCI INDUSTRIES, 3501, ELKHART IN 46514
Scott T Mereness officer: President C/O LIPPERT COMPONENTS, INC., 2766 COLLEGE AVENUE, GOSHEN IN 46528

LCI Industries (LCI Industries) Headlines

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