LNZNF (Lenzing AG) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LNZNF Lenzing AG LNZNF
61 GF Score
Price $27.07
GF Value $32.43
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Lenzing AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenzing AG  (OTCPK:LNZNF) 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.


Lenzing AG Cyclically Adjusted PB Ratio Related Terms


Lenzing AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lenzing AG'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.

Lenzing AG Cyclically Adjusted PB Ratio Chart

Lenzing AG 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 2.22 0.88 0.62 0.51 0.41

Lenzing AG 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 0.42 0.44 0.41 0.41 0.00

LNZNF vs AIN: Cyclically Adjusted PB Ratio Comparison

For the Textile Manufacturing subindustry, Lenzing AG'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.


Lenzing AG Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


LNZNF
61GF Score
Lenzing AG LNZNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lenzing AG 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.

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

For example, Lenzing AG'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)
=28.14/142.1600*142.1600
=28.140

Current CPI (Jun. 2026) = 142.1600.

Lenzing AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 46.377 101.192 65.153
201612 46.444 102.092 64.672
201703 49.562 102.592 68.678
201706 50.384 102.991 69.546
201709 55.724 103.591 76.471
201712 57.571 104.291 78.475
201803 61.849 104.491 84.145
201806 55.334 105.091 74.852
201809 57.122 105.691 76.832
201812 56.298 106.291 75.296
201903 57.940 106.391 77.420
201906 54.179 106.791 72.123
201909 54.509 106.991 72.427
201912 55.397 108.091 72.857
202003 50.331 108.024 66.236
202006 49.046 107.915 64.610
202009 48.039 108.348 63.030
202012 69.470 109.321 90.338
202103 70.475 110.186 90.925
202106 74.587 110.943 95.574
202109 74.445 111.916 94.563
202112 69.984 113.971 87.294
202203 70.321 117.647 84.973
202206 64.727 120.567 76.319
202209 62.586 123.811 71.861
202212 60.736 125.541 68.776
202303 58.485 128.460 64.722
202306 45.415 130.191 49.590
202309 54.053 131.272 58.536
202312 40.674 132.570 43.616
202403 38.456 133.759 40.871
202406 36.866 134.083 39.087
202409 35.267 133.651 37.512
202412 35.516 135.273 37.324
202503 36.602 137.760 37.771
202506 37.483 138.517 38.469
202509 32.426 138.950 33.175
202512 29.588 140.350 29.970
202603 29.227 142.160 29.227
202606 28.140 142.160 28.140

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.

Is Lenzing AG (LNZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Lenzing AG stock appears to be undervalued. The current stock price of $27.07 is trading 16.5% below its estimated GF Value™ of $32.43. GuruFocus considers Lenzing AG to be Modestly Undervalued.

Key valuation signals for LNZNF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $32.43 vs. price of $27.07 (16.5% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Lenzing AG Business Description

Address Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications; The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally; and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment. It derives maximum revenue from Division Fiber Segment.
61GF Score

Get the complete analysis for LNZNF

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

$27.07
Price
$32.43
GF Value