Lear (LEA) Cyclically Adjusted PB Ratio: 1.38 (As of Aug. 07, 2026) — 45% Below Median

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LEA Lear Corp LEA
86 GF Score
Price $122.84
GF Value $128.03
Valuation Fairly Valued
! 2 Warning Signs
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What is Lear Cyclically Adjusted PB Ratio?

Lear LEA +3.16% 86 Cyclically Adjusted PB Ratio is 1.38 as of Aug. 07, 2026, which is 45% below its 10-year median of 2.49. GuruFocus rates LEA with a GF Score™ of 86/100 and a GF Value™ of $128.03 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,010 Vehicles & Parts companies, Lear ranks worse than 52.67% on this metric.

As of today (2026-08-07), Lear's current share price is $122.84. Lear's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $88.74. Lear's Cyclically Adjusted PB Ratio for today is 1.38.

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

LEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.49   Max: 6.33
Current: 1.34

During the past years, Lear's highest Cyclically Adjusted PB Ratio was 6.33. The lowest was 0.97. And the median was 2.49.

LEA's Cyclically Adjusted PB Ratio is ranked worse than
52.67% of 1010 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs LEA: 1.34

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.

Lear's adjusted book value per share data for the three months ended in Jun. 2026 was $107.498. 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 $88.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lear  (NYSE:LEA) 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.


Lear Cyclically Adjusted PB Ratio Related Terms


Lear Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lear'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.

Lear Cyclically Adjusted PB Ratio Chart

Lear 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 3.14 1.88 1.96 1.22 1.37

Lear 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 1.17 1.21 1.37 1.40 1.51

LEA vs MBLY, LKQ, GTX: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Lear'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.


Lear Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


LEA
86GF Score
Lear Corp LEA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lear 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=122.84/88.74
=1.38

* 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.

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

For example, Lear'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)
=107.498/333.9520*333.9520
=107.498

Current CPI (Jun. 2026) = 333.9520.

Lear Quarterly Data

Book Value per Share CPI Adj_Book
201609 43.839 241.428 60.640
201612 44.032 241.432 60.906
201703 48.312 243.801 66.176
201706 53.213 244.955 72.546
201709 57.299 246.819 77.527
201712 62.064 246.524 84.075
201803 66.284 249.554 88.701
201806 65.476 251.989 86.773
201809 66.510 252.439 87.986
201812 66.741 251.233 88.716
201903 68.017 254.202 89.356
201906 69.180 256.143 90.195
201909 69.319 256.759 90.159
201912 71.973 256.974 93.533
202003 67.150 258.115 86.879
202006 64.526 257.797 83.587
202009 68.897 260.280 88.398
202012 74.391 260.474 95.376
202103 76.170 264.877 96.034
202106 79.744 271.696 98.016
202109 77.539 274.310 94.398
202112 77.875 278.802 93.280
202203 77.803 287.504 90.373
202206 74.748 296.311 84.243
202209 72.631 296.808 81.720
202212 79.197 296.797 89.111
202303 82.305 301.836 91.062
202306 84.774 305.109 92.788
202309 83.404 307.789 90.494
202312 86.327 306.746 93.984
202403 86.003 312.332 91.956
202406 85.093 314.175 90.450
202409 87.308 315.301 92.473
202412 83.088 315.605 87.918
202503 87.133 319.799 90.989
202506 95.517 322.561 98.890
202509 97.679 324.800 100.431
202512 99.416 324.054 102.453
202603 104.987 330.213 106.176
202606 107.498 333.952 107.498

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 1.38 mean?
Lear (LEA) has a Cyclically Adjusted PB Ratio of 1.38 as of Aug. 07, 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 Lear and its competitors. This is 45% below median its historical median of 2.49. Over the past decade, Lear's Cyclically Adjusted PB Ratio has ranged from 0.97 to 6.33. According to the industry distribution chart, Lear ranks #532 out of 1010 companies in the Vehicles & Parts industry, placing it in the top 52.7%.
Is Lear's Cyclically Adjusted PB Ratio too high?
Lear's current Cyclically Adjusted PB Ratio of 1.38 is 45% below median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 6.33. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Lear's value of 1.38 is 9.5% above this industry median. Based on the distribution chart, Lear ranks #532 out of 1010 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lear has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lear's Cyclically Adjusted PB Ratio compare to MBLY and LKQ?
According to the Vehicles & Parts industry distribution chart, Lear ranks #532 out of 1010 companies for Cyclically Adjusted PB Ratio. This places Lear in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Lear's value of 1.38 is 9.5% above this benchmark. Historically, Lear's own Cyclically Adjusted PB Ratio has ranged from 0.97 to 6.33 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 1.26, Lear 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,010 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. Lear's current Cyclically Adjusted PB Ratio of 1.38 is 9.5% 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 Lear and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lear's current Cyclically Adjusted PB Ratio is 1.38, which is 45% below median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lear stock overvalued right now?
Based on GuruFocus' analysis, Lear (LEA) is currently considered Fairly Valued. The stock's GF Value™ is $128.03, compared to a current price of $122.84 — trading 4.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.38, which is 45% below median its 10-year median of 2.49 and 9.5% above the Vehicles & Parts industry median of 1.26. Lear's overall GF Score™ is 86/100 with 2 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 Lear (LEA), the current Cyclically Adjusted PB Ratio is 1.38 as of Aug. 07, 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 Lear (LEA) Overvalued in 2026?

Based on GuruFocus' analysis, Lear stock appears to be undervalued. The current stock price of $122.84 is trading 4.1% below its estimated GF Value™ of $128.03. GuruFocus considers Lear to be Fairly Valued.

Key valuation signals for LEA:

  • Cyclically Adjusted PB Ratio: 1.38 (45% below median its 10-year median of 2.49)
  • GF Value™: $128.03 vs. price of $122.84 (4.1% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 9.5% above the Vehicles & Parts median (#532 of 1010)

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


Lear Business Description

Other Exchanges 0JTQ:UK
Address 21557 Telegraph Road, Southfield, MI, USA, 48033
Lear Corp designs, develops, and manufactures automotive seating and electrical systems and components. The company has two reporting segments Seating and E-Systems. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems. The company earns majority of its revenue from the seating segment.
86GF 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.

$122.84
Price
$128.03
GF Value