LESAF (Leunda Holdings) Cyclically Adjusted PB Ratio: 0.19 (As of Aug. 18, 2026) — 32% Below Median

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LESAF Le Saunda Holdings Ltd LESAF
34 GF Score
Price $0.07
GF Value $0.03
! 5 Warning Signs
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What is Leunda Holdings Cyclically Adjusted PB Ratio?

Leunda Holdings LESAF 34 Cyclically Adjusted PB Ratio is 0.19 as of Aug. 18, 2026, which is 32% below its 10-year median of 0.28. GuruFocus rates LESAF with a GF Score™ of 34/100 and a GF Value™ of $0.03. The stock has 5 warning signs investors should review. Among 814 Manufacturing - Apparel & Accessories companies, Leunda Holdings ranks better than 91.77% on this metric.

As of today (2026-08-18), Leunda Holdings's current share price is $0.071. Leunda Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was $0.38. Leunda Holdings's Cyclically Adjusted PB Ratio for today is 0.19.

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

LESAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.28   Max: 1.03
Current: 0.22

During the past 13 years, Leunda Holdings's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.13. And the median was 0.28.

LESAF's Cyclically Adjusted PB Ratio is ranked better than
91.77% of 814 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.985 vs LESAF: 0.22

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.

Leunda Holdings's adjusted book value per share data of for the fiscal year that ended in Feb26 was $0.083. 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 $0.38 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leunda Holdings  (OTCPK:LESAF) 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.


Leunda Holdings Cyclically Adjusted PB Ratio Related Terms


Leunda Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Leunda Holdings'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.

Leunda Holdings Cyclically Adjusted PB Ratio Chart

Leunda Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.22 0.21 0.16 0.19

Leunda Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.21 0.00 0.16 0.00 0.19

LESAF vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Leunda Holdings'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.


Leunda Holdings Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Leunda Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LESAF
34GF Score
Le Saunda Holdings Ltd LESAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leunda Holdings 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.

Leunda Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.071/0.38
=0.19

* 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.

Leunda Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Leunda Holdings's adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=0.083/121.4731*121.4731
=0.083

Current CPI (Feb26) = 121.4731.

Leunda Holdings Annual Data

Book Value per Share CPI Adj_Book
201702 0.270 103.115 0.318
201802 0.276 106.303 0.315
201902 0.247 108.501 0.277
202002 0.193 111.030 0.211
202102 0.219 111.469 0.239
202202 0.155 113.338 0.166
202302 0.136 115.317 0.143
202402 0.121 117.735 0.125
202502 0.094 119.384 0.096
202602 0.083 121.473 0.083

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 0.19 mean?
Leunda Holdings (LESAF) has a Cyclically Adjusted PB Ratio of 0.19 as of Aug. 18, 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 Leunda Holdings and its competitors. This is 32% below median its historical median of 0.28. Over the past decade, Leunda Holdings' Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.03. According to the industry distribution chart, Leunda Holdings ranks #67 out of 814 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.2%.
Is Leunda Holdings' Cyclically Adjusted PB Ratio too high?
Leunda Holdings' current Cyclically Adjusted PB Ratio of 0.19 is 32% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.03. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. Leunda Holdings' value of 0.19 is 80.7% below this industry median. Based on the distribution chart, Leunda Holdings ranks #67 out of 814 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Leunda Holdings has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Leunda Holdings' Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Leunda Holdings ranks #67 out of 814 companies for Cyclically Adjusted PB Ratio. This places Leunda Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.99. Leunda Holdings' value of 0.19 is 80.7% below this benchmark. Historically, Leunda Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.03 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.99, Leunda Holdings has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.99, based on 814 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. Leunda Holdings's current Cyclically Adjusted PB Ratio of 0.19 is 80.7% below 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 Leunda Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leunda Holdings's current Cyclically Adjusted PB Ratio is 0.19, which is 32% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leunda Holdings stock overvalued right now?
Leunda Holdings (LESAF) has a current Cyclically Adjusted PB Ratio of 0.19. The stock's GF Value™ is $0.03, compared to a current price of $0.07 — trading 136.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 32% below median its 10-year median of 0.28 and 80.7% below the Manufacturing - Apparel & Accessories industry median of 0.99. Leunda Holdings' overall GF Score™ is 34/100 with 5 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 Leunda Holdings (LESAF), the current Cyclically Adjusted PB Ratio is 0.19 as of Aug. 18, 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 Leunda Holdings (LESAF) Overvalued in 2026?

Based on GuruFocus' analysis, Leunda Holdings stock appears to be overvalued. The current stock price of $0.07 is trading 136.7% above its estimated GF Value™ of $0.03.

Key valuation signals for LESAF:

  • Cyclically Adjusted PB Ratio: 0.19 (32% below median its 10-year median of 0.28)
  • GF Value™: $0.03 vs. price of $0.07 (136.7% above fair value)
  • GF Score™: 34/100 with 5 warning signs
  • Industry Position: 80.7% below the Manufacturing - Apparel & Accessories median (#67 of 814)

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


Leunda Holdings Business Description

Other Exchanges 00738:Hong Kong
Address 1063 King's Road, Suite 1106, 11th Floor, Quarry Bay, Hong Kong, HKG
Le Saunda Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the trading and sales of ladies' and men's footwear, handbags, and fashion accessories. The proprietary brands of the firm include Le Saunda, Le Saunda Men, Linea Rosa, and CNE. The group's reportable segments are Mainland China, which derives all of its revenue, and Others.
34GF Score

Get the complete analysis for LESAF

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

$0.07
Price
$0.03
GF Value