LGMMY (LEG Immobilien SE) Cyclically Adjusted PB Ratio: 0.50 (As of Jul. 15, 2026) — 40% Below Median

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LGMMY LEG Immobilien SE LGMMY
60 GF Score
Price $15.10
GF Value $22.29
Valuation Possible Value Trap
! 5 Warning Signs
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What is LEG Immobilien SE Cyclically Adjusted PB Ratio?

LEG Immobilien SE LGMMY 60 Cyclically Adjusted PB Ratio is 0.50 as of Jul. 15, 2026, which is 40% below its 10-year median of 0.83. GuruFocus rates LGMMY with a GF Score™ of 60/100 and a GF Value™ of $22.29 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,438 Real Estate companies, LEG Immobilien SE ranks better than 61.75% on this metric.

As of today (2026-07-15), LEG Immobilien SE's current share price is $15.10. LEG Immobilien SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $30.29. LEG Immobilien SE's Cyclically Adjusted PB Ratio for today is 0.50.

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

LGMMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.83   Max: 2.26
Current: 0.5

During the past years, LEG Immobilien SE's highest Cyclically Adjusted PB Ratio was 2.26. The lowest was 0.50. And the median was 0.83.

LGMMY's Cyclically Adjusted PB Ratio is ranked better than
61.75% of 1438 companies
in the Real Estate industry
Industry Median: 0.71 vs LGMMY: 0.50

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.

LEG Immobilien SE's adjusted book value per share data for the three months ended in Mar. 2026 was $33.268. 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 $30.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LEG Immobilien SE  (OTCPK:LGMMY) 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.


LEG Immobilien SE Cyclically Adjusted PB Ratio Related Terms


LEG Immobilien SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Cyclically Adjusted PB Ratio Chart

LEG Immobilien SE 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 1.81 0.76 0.89 0.85 0.60

LEG Immobilien SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.67 0.76 0.66 0.60 0.53

LGMMY vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LGMMY
60GF Score
LEG Immobilien SE LGMMY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LEG Immobilien SE 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.

LEG Immobilien SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.10/30.29
=0.50

* 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.

LEG Immobilien SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, LEG Immobilien SE's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=33.268/131.2583*131.2583
=33.268

Current CPI (Mar. 2026) = 131.2583.

LEG Immobilien SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.562 100.717 16.371
201609 12.715 101.017 16.522
201612 14.051 101.217 18.221
201703 14.431 101.417 18.677
201706 16.067 102.117 20.652
201709 17.196 102.717 21.974
201712 18.870 102.617 24.137
201803 20.038 102.917 25.556
201806 19.716 104.017 24.879
201809 19.646 104.718 24.625
201812 21.115 104.217 26.594
201903 20.618 104.217 25.968
201906 21.896 105.718 27.186
201909 21.883 106.018 27.093
201912 23.456 105.818 29.095
202003 23.627 105.718 29.335
202006 26.399 106.618 32.500
202009 26.793 105.818 33.235
202012 30.637 105.518 38.111
202103 30.224 107.518 36.898
202106 32.152 108.486 38.901
202109 33.208 109.435 39.830
202112 34.140 110.384 40.596
202203 33.969 113.968 39.122
202206 34.867 115.760 39.535
202209 33.146 118.818 36.616
202212 32.082 119.345 35.285
202303 32.753 122.402 35.123
202306 29.077 123.140 30.994
202309 28.863 124.195 30.505
202312 27.210 123.773 28.856
202403 27.215 125.038 28.569
202406 25.912 125.882 27.019
202409 27.007 126.198 28.090
202412 25.681 127.041 26.533
202503 27.333 127.779 28.077
202506 29.094 128.412 29.739
202509 32.230 129.255 32.729
202512 33.377 129.361 33.867
202603 33.268 131.258 33.268

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 0.50 mean?
LEG Immobilien SE (LGMMY) has a Cyclically Adjusted PB Ratio of 0.50 as of Jul. 15, 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 LEG Immobilien SE and its competitors. This is 40% below median its historical median of 0.83. Over the past decade, LEG Immobilien SE's Cyclically Adjusted PB Ratio has ranged from 0.50 to 2.26. According to the industry distribution chart, LEG Immobilien SE ranks #550 out of 1438 companies in the Real Estate industry, placing it in the top 38.2%.
Is LEG Immobilien SE's Cyclically Adjusted PB Ratio too high?
LEG Immobilien SE's current Cyclically Adjusted PB Ratio of 0.50 is 40% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.26. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. LEG Immobilien SE's value of 0.50 is 29.6% below this industry median. Based on the distribution chart, LEG Immobilien SE ranks #550 out of 1438 companies in the Real Estate industry, which is above the industry midpoint. Overall, LEG Immobilien SE has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does LEG Immobilien SE's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LEG Immobilien SE ranks #550 out of 1438 companies for Cyclically Adjusted PB Ratio. This puts LEG Immobilien SE in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. LEG Immobilien SE's value of 0.50 is 29.6% below this benchmark. Historically, LEG Immobilien SE's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 2.26 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.71, LEG Immobilien SE 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,438 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. LEG Immobilien SE's current Cyclically Adjusted PB Ratio of 0.50 is 29.6% 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 LEG Immobilien SE and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEG Immobilien SE's current Cyclically Adjusted PB Ratio is 0.50, which is 40% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEG Immobilien SE stock overvalued right now?
Based on GuruFocus' analysis, LEG Immobilien SE (LGMMY) is currently considered Possible Value Trap. The stock's GF Value™ is $22.29, compared to a current price of $15.10 — trading 32.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 40% below median its 10-year median of 0.83 and 29.6% below the Real Estate industry median of 0.71. LEG Immobilien SE's overall GF Score™ is 60/100 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 LEG Immobilien SE (LGMMY), the current Cyclically Adjusted PB Ratio is 0.50 as of Jul. 15, 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 LEG Immobilien SE (LGMMY) Overvalued in 2026?

Based on GuruFocus' analysis, LEG Immobilien SE stock appears to be undervalued. The current stock price of $15.10 is trading 32.3% below its estimated GF Value™ of $22.29. GuruFocus considers LEG Immobilien SE to be Possible Value Trap.

Key valuation signals for LGMMY:

  • Cyclically Adjusted PB Ratio: 0.50 (40% below median its 10-year median of 0.83)
  • GF Value™: $22.29 vs. price of $15.10 (32.3% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 29.6% below the Real Estate median (#550 of 1438)

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


LEG Immobilien SE Business Description

Address Flughafenstrasse 99, Dusseldorf, NW, DEU, 40474
LEG Immobilien SE is a property company that manages its own residential portfolio. The company's property portfolio includes residential units, commercial units and garages and parking spaces. It divides the portfolio into three overarching clusters: high-growth, stable, and higher yielding markets. The company holds properties in North Rhine-Westphalia, Bremen, Schleswig-Holstein, Hesse, and Rhineland-Palatinate.
60GF Score

Get the complete analysis for LGMMY

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

$15.10
Price
$22.29
GF Value