LSCG (Lighting Science Group) Cyclically Adjusted PB Ratio: (As of Jul. 09, 2026)


What is Lighting Science Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lighting Science Group  (OTCPK:LSCG) 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.


Lighting Science Group Cyclically Adjusted PB Ratio Related Terms


Lighting Science Group Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Lighting Science 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.

Lighting Science Group Cyclically Adjusted PB Ratio Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.00 0.00 0.00 0.00 0.00

LSCG vs GNAL, WAYS, ALPP: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Lighting Science 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.


Lighting Science Group Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting Science Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lighting Science 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.

Lighting Science Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Lighting Science Group's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book=Book Value per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=-2.7/243.8010*243.8010
=-2.700

Current CPI (Mar. 2017) = 243.8010.

Lighting Science Group Quarterly Data

Book Value per Share CPI Adj_Book
200706 -0.193 208.352 -0.226
200709 0.161 208.490 0.188
200712 1.632 210.036 1.894
200803 1.393 213.528 1.590
200806 1.788 218.815 1.992
200809 1.460 218.783 1.627
200812 0.347 210.228 0.402
200903 -0.145 212.709 -0.166
200906 -0.473 215.693 -0.535
200909 -0.705 215.969 -0.796
200912 -1.147 215.949 -1.295
201003 -1.512 217.631 -1.694
201006 -4.844 217.965 -5.418
201009 -1.567 218.439 -1.749
201012 0.197 219.179 0.219
201103 0.163 223.467 0.178
201106 0.353 225.722 0.381
201109 0.113 226.889 0.121
201112 0.061 225.672 0.066
201203 -0.078 229.392 -0.083
201206 -1.051 229.478 -1.117
201209 -1.405 231.407 -1.480
201212 -1.481 229.601 -1.573
201303 -1.547 232.773 -1.620
201306 -1.619 233.504 -1.690
201309 -1.820 234.149 -1.895
201312 -1.953 233.049 -2.043
201403 -2.312 236.293 -2.385
201406 -2.163 238.343 -2.213
201409 -2.208 238.031 -2.262
201412 -2.320 234.812 -2.409
201503 -2.412 236.119 -2.490
201506 -2.417 238.638 -2.469
201509 -2.474 237.945 -2.535
201512 -2.622 236.525 -2.703
201603 -2.657 238.132 -2.720
201606 -2.689 241.018 -2.720
201609 -2.636 241.428 -2.662
201612 -2.617 241.432 -2.643
201703 -2.700 243.801 -2.700

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.


Lighting Science Group Business Description

Address 1350 Division Road, Suite 204, West Warwick, RI, USA, 02893
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.