LPX (Louisiana-Pacific) Cyclically Adjusted PB Ratio: 4.03 (As of Aug. 02, 2026) — Near Median

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LPX Louisiana-Pacific Corp LPX
83 GF Score
Price $72.43
GF Value $78.29
Valuation Fairly Valued
! 6 Warning Signs
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What is Louisiana-Pacific Cyclically Adjusted PB Ratio?

Louisiana-Pacific LPX +0.72% 83 Cyclically Adjusted PB Ratio is 4.03 as of Aug. 02, 2026, which is 6% below its 10-year median of 4.27. GuruFocus rates LPX with a GF Score™ of 83/100 and a GF Value™ of $78.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,345 Construction companies, Louisiana-Pacific ranks worse than 85.58% on this metric.

As of today (2026-08-02), Louisiana-Pacific's current share price is $72.43. Louisiana-Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.99. Louisiana-Pacific's Cyclically Adjusted PB Ratio for today is 4.03.

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

LPX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 4.27   Max: 7.99
Current: 4.03

During the past years, Louisiana-Pacific's highest Cyclically Adjusted PB Ratio was 7.99. The lowest was 1.45. And the median was 4.27.

LPX's Cyclically Adjusted PB Ratio is ranked worse than
85.58% of 1345 companies
in the Construction industry
Industry Median: 1.14 vs LPX: 4.03

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.

Louisiana-Pacific's adjusted book value per share data for the three months ended in Mar. 2026 was $24.768. 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 $17.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Louisiana-Pacific  (NYSE:LPX) 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.


Louisiana-Pacific Cyclically Adjusted PB Ratio Related Terms


Louisiana-Pacific Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Louisiana-Pacific'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.

Louisiana-Pacific Cyclically Adjusted PB Ratio Chart

Louisiana-Pacific 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 7.33 4.77 5.14 6.72 4.67

Louisiana-Pacific 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 5.77 5.22 5.24 4.67 4.04

LPX vs TREX, FBIN, GFF: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


Louisiana-Pacific Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Louisiana-Pacific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LPX
83GF Score
Louisiana-Pacific Corp LPX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Louisiana-Pacific 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.

Louisiana-Pacific's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.43/17.99
=4.03

* 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.

Louisiana-Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Louisiana-Pacific'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)
=24.768/330.2130*330.2130
=24.768

Current CPI (Mar. 2026) = 330.2130.

Louisiana-Pacific Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.530 241.018 10.317
201609 8.001 241.428 10.943
201612 8.285 241.432 11.332
201703 8.669 243.801 11.742
201706 9.312 244.955 12.553
201709 9.057 246.819 12.117
201712 11.073 246.524 14.832
201803 11.520 249.554 15.243
201806 12.268 251.989 16.076
201809 12.765 252.439 16.698
201812 12.424 251.233 16.330
201903 10.304 254.202 13.385
201906 10.337 256.143 13.326
201909 10.328 256.759 13.283
201912 8.853 256.974 11.376
202003 8.772 258.115 11.222
202006 8.908 257.797 11.410
202009 10.251 260.280 13.005
202012 11.615 260.474 14.725
202103 13.470 264.877 16.793
202106 14.788 271.696 17.973
202109 15.174 274.310 18.266
202112 14.422 278.802 17.081
202203 19.090 287.504 21.926
202206 19.236 296.311 21.437
202209 18.998 296.808 21.136
202212 19.987 296.797 22.237
202303 20.130 301.836 22.023
202306 19.666 305.109 21.284
202309 20.814 307.789 22.330
202312 21.578 306.746 23.229
202403 22.472 312.332 23.759
202406 23.366 314.175 24.559
202409 23.707 315.301 24.828
202412 23.791 315.605 24.892
202503 24.171 319.799 24.958
202506 25.033 322.561 25.627
202509 24.985 324.800 25.401
202512 24.855 324.054 25.327
202603 24.768 330.213 24.768

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 4.03 mean?
Louisiana-Pacific (LPX) has a Cyclically Adjusted PB Ratio of 4.03 as of Aug. 02, 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 Louisiana-Pacific and its competitors. This is near median its historical median of 4.27. Over the past decade, Louisiana-Pacific's Cyclically Adjusted PB Ratio has ranged from 1.45 to 7.99. According to the industry distribution chart, Louisiana-Pacific ranks #1151 out of 1345 companies in the Construction industry, placing it in the top 85.6%.
Is Louisiana-Pacific's Cyclically Adjusted PB Ratio too high?
Louisiana-Pacific's current Cyclically Adjusted PB Ratio of 4.03 is near median its 10-year median of 4.27. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 7.99. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Louisiana-Pacific's value of 4.03 is 253.5% above this industry median. Based on the distribution chart, Louisiana-Pacific ranks #1151 out of 1345 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Louisiana-Pacific has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Louisiana-Pacific's Cyclically Adjusted PB Ratio compare to TREX and FBIN?
According to the Construction industry distribution chart, Louisiana-Pacific ranks #1151 out of 1345 companies for Cyclically Adjusted PB Ratio. This places Louisiana-Pacific in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Louisiana-Pacific's value of 4.03 is 253.5% above this benchmark. Historically, Louisiana-Pacific's own Cyclically Adjusted PB Ratio has ranged from 1.45 to 7.99 over the past decade. While the company's 10-year median is 4.27 vs. the industry median of 1.14, Louisiana-Pacific 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,345 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. Louisiana-Pacific's current Cyclically Adjusted PB Ratio of 4.03 is 253.5% 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 Louisiana-Pacific and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Louisiana-Pacific's current Cyclically Adjusted PB Ratio is 4.03, which is near median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Louisiana-Pacific stock overvalued right now?
Based on GuruFocus' analysis, Louisiana-Pacific (LPX) is currently considered Fairly Valued. The stock's GF Value™ is $78.29, compared to a current price of $72.43 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.03, which is near median its 10-year median of 4.27 and 253.5% above the Construction industry median of 1.14. Louisiana-Pacific's overall GF Score™ is 83/100 with 6 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 Louisiana-Pacific (LPX), the current Cyclically Adjusted PB Ratio is 4.03 as of Aug. 02, 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 Louisiana-Pacific (LPX) Overvalued in 2026?

Based on GuruFocus' analysis, Louisiana-Pacific stock appears to be undervalued. The current stock price of $72.43 is trading 7.5% below its estimated GF Value™ of $78.29. GuruFocus considers Louisiana-Pacific to be Fairly Valued.

Key valuation signals for LPX:

  • Cyclically Adjusted PB Ratio: 4.03 (near median its 10-year median of 4.27)
  • GF Value™: $78.29 vs. price of $72.43 (7.5% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 253.5% above the Construction median (#1151 of 1345)

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


Louisiana-Pacific Business Description

Other Exchanges LP3:Germany
Address 1610 West End Avenue, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific Corp is an oriented strand board producer and also offers engineered wood siding used in home construction and repair and remodel projects. The Siding business of the company serves different markets with a broad product portfolio of engineered wood siding, trim, soffit, and fascia. The Company operates through three operating segments: Siding, OSB, and LP South America (LPSA). The company generates majority of its revenue from siding segment.
83GF 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.

$72.43
Price
$78.29
GF Value