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LNVGY (Lenovo Group) Cyclically Adjusted PB Ratio : 3.16 (As of May. 15, 2025)


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What is Lenovo Group Cyclically Adjusted PB Ratio?

As of today (2025-05-15), Lenovo Group's current share price is $25.08. Lenovo Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $7.94. Lenovo Group's Cyclically Adjusted PB Ratio for today is 3.16.

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

LNVGY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.63   Max: 7.49
Current: 2.97

During the past years, Lenovo Group's highest Cyclically Adjusted PB Ratio was 7.49. The lowest was 1.49. And the median was 2.63.

LNVGY's Cyclically Adjusted PB Ratio is ranked worse than
70.46% of 1909 companies
in the Hardware industry
Industry Median: 1.65 vs LNVGY: 2.97

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.

Lenovo Group's adjusted book value per share data for the three months ended in Dec. 2024 was $8.990. 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 $7.94 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenovo Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lenovo 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.

* Premium members only.

Lenovo Group Cyclically Adjusted PB Ratio Chart

Lenovo Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 4.16 3.08 2.91 2.96

Lenovo Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 3.60 2.96 3.60 3.40 3.24

Competitive Comparison of Lenovo Group's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Lenovo 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.


Lenovo Group's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lenovo Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lenovo 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.

Lenovo Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.08/7.94
=3.16

* 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.

Lenovo Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Lenovo Group's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=8.99/118.9447*118.9447
=8.990

Current CPI (Dec. 2024) = 118.9447.

Lenovo Group Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.352 99.927 8.751
201506 7.308 99.267 8.757
201509 5.355 99.927 6.374
201512 5.194 102.015 6.056
201603 5.402 102.785 6.251
201606 5.924 101.686 6.929
201609 5.692 102.565 6.601
201612 5.405 103.225 6.228
201703 7.323 103.335 8.429
201706 7.449 103.664 8.547
201709 7.478 103.994 8.553
201712 7.233 104.984 8.195
201803 7.511 105.973 8.430
201806 7.225 106.193 8.093
201809 6.683 106.852 7.439
201812 6.956 107.622 7.688
201903 7.308 108.172 8.036
201906 7.511 109.601 8.151
201909 7.062 110.260 7.618
201912 7.387 110.700 7.937
202003 6.977 110.920 7.482
202006 7.217 110.590 7.762
202009 7.517 107.512 8.316
202012 6.456 109.711 6.999
202103 5.911 111.579 6.301
202106 6.744 111.360 7.203
202109 6.649 109.051 7.252
202112 7.448 112.349 7.885
202203 8.289 113.558 8.682
202206 8.603 113.448 9.020
202209 8.549 113.778 8.937
202212 8.781 114.548 9.118
202303 9.214 115.427 9.495
202306 8.920 115.647 9.174
202309 8.455 116.087 8.663
202312 9.039 117.296 9.166
202403 9.001 117.735 9.093
202406 8.969 117.296 9.095
202409 8.831 118.615 8.856
202412 8.990 118.945 8.990

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.


Lenovo Group  (OTCPK:LNVGY) 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.


Lenovo Group Cyclically Adjusted PB Ratio Related Terms

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


Lenovo Group Business Description

Industry
Traded in Other Exchanges
Address
979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 13% of overall sales in fiscal 2024, from 6% in 2015.