Universal (LTS:0LJD) Cyclically Adjusted PB Ratio: 0.69 (As of Sep. 10, 2026) — 25% Below Median

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LTS:0LJD Universal Corp LTS:0LJD
69 GF Score
Price $45.28
GF Value $51.76
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Universal Cyclically Adjusted PB Ratio?

Universal LTS:0LJD -0.61% 69 Cyclically Adjusted PB Ratio is 0.69 as of Sep. 10, 2026, which is 25% below its 10-year median of 0.92. GuruFocus rates LTS:0LJD with a GF Score™ of 69/100 and a GF Value™ of $51.76 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 24 Tobacco Products companies, Universal ranks better than 83.33% on this metric.

As of today (2026-09-10), Universal's current share price is $45.28. Universal's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $65.36. Universal's Cyclically Adjusted PB Ratio for today is 0.69.

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

LTS:0LJD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.92   Max: 1.67
Current: 0.7

During the past years, Universal's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.69. And the median was 0.92.

LTS:0LJD's Cyclically Adjusted PB Ratio is ranked better than
83.33% of 24 companies
in the Tobacco Products industry
Industry Median: 2.585 vs LTS:0LJD: 0.70

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.

Universal's adjusted book value per share data for the three months ended in Jun. 2026 was $55.691. 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 $65.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal  (LTS:0LJD) 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.


Universal Cyclically Adjusted PB Ratio Related Terms


Universal Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Universal'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.

Universal Cyclically Adjusted PB Ratio Chart

Universal Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.86 0.82 0.88 0.81

Universal 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 0.91 0.87 0.82 0.81 0.80

LTS:0LJD vs AIIR, TPB, ISPR: Cyclically Adjusted PB Ratio Comparison

For the Tobacco subindustry, Universal'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.


Universal Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Universal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0LJD
69GF Score
Universal Corp LTS:0LJD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal 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.

Universal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.28/65.36
=0.69

* 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.

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

For example, Universal'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)
=55.691/333.9520*333.9520
=55.691

Current CPI (Jun. 2026) = 333.9520.

Universal Quarterly Data

Book Value per Share CPI Adj_Book
201609 52.273 241.428 72.306
201612 52.943 241.432 73.231
201703 50.900 243.801 69.721
201706 50.622 244.955 69.014
201709 51.301 246.819 69.411
201712 52.757 246.524 71.467
201803 53.846 249.554 72.056
201806 52.958 251.989 70.183
201809 53.520 252.439 70.802
201812 53.846 251.233 71.575
201903 53.505 254.202 70.291
201906 52.475 256.143 68.415
201909 52.277 256.759 67.994
201912 53.041 256.974 68.930
202003 51.047 258.115 66.045
202006 50.482 257.797 65.395
202009 50.561 260.280 64.872
202012 51.826 260.474 66.446
202103 53.326 264.877 67.232
202106 53.051 271.696 65.207
202109 52.722 274.310 64.185
202112 53.481 278.802 64.060
202203 54.605 287.504 63.427
202206 53.880 296.311 60.724
202209 53.955 296.808 60.707
202212 55.418 296.797 62.356
202303 56.896 301.836 62.950
202306 56.043 305.109 61.341
202309 56.364 307.789 61.155
202312 57.701 306.746 62.819
202403 58.487 312.332 62.536
202406 57.281 314.175 60.887
202409 57.476 315.301 60.876
202412 58.691 315.605 62.103
202503 59.013 319.799 61.625
202506 58.808 322.561 60.885
202509 59.002 324.800 60.665
202512 59.500 324.054 61.317
202603 56.791 330.213 57.434
202606 55.691 333.952 55.691

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 0.69 mean?
Universal (LTS:0LJD) has a Cyclically Adjusted PB Ratio of 0.69 as of Sep. 10, 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 Universal and its competitors. This is 25% below median its historical median of 0.92. Over the past decade, Universal's Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.67. According to the industry distribution chart, Universal ranks #4 out of 24 companies in the Tobacco Products industry, placing it in the top 16.7%.
Is Universal's Cyclically Adjusted PB Ratio too high?
Universal's current Cyclically Adjusted PB Ratio of 0.69 is 25% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.67. The Tobacco Products industry median Cyclically Adjusted PB Ratio is 2.59. Universal's value of 0.69 is 73.3% below this industry median. Based on the distribution chart, Universal ranks #4 out of 24 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Universal has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal's Cyclically Adjusted PB Ratio compare to AIIR and TPB?
According to the Tobacco Products industry distribution chart, Universal ranks #4 out of 24 companies for Cyclically Adjusted PB Ratio. This places Universal in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.59. Universal's value of 0.69 is 73.3% below this benchmark. Historically, Universal's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.67 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 2.59, Universal 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 Tobacco Products company?
The median Cyclically Adjusted PB Ratio among Tobacco Products companies is 2.59, based on 24 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. Universal's current Cyclically Adjusted PB Ratio of 0.69 is 73.3% 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 Universal and its competitors. For the Tobacco Products industry, the median Cyclically Adjusted PB Ratio is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal's current Cyclically Adjusted PB Ratio is 0.69, which is 25% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal stock overvalued right now?
Based on GuruFocus' analysis, Universal (LTS:0LJD) is currently considered Modestly Undervalued. The stock's GF Value™ is $51.76, compared to a current price of $45.28 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 25% below median its 10-year median of 0.92 and 73.3% below the Tobacco Products industry median of 2.59. Universal's overall GF Score™ is 69/100 with 8 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 Universal (LTS:0LJD), the current Cyclically Adjusted PB Ratio is 0.69 as of Sep. 10, 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 Universal (LTS:0LJD) Overvalued in 2026?

Based on GuruFocus' analysis, Universal stock appears to be undervalued. The current stock price of $45.28 is trading 12.5% below its estimated GF Value™ of $51.76. GuruFocus considers Universal to be Modestly Undervalued.

Key valuation signals for LTS:0LJD:

  • Cyclically Adjusted PB Ratio: 0.69 (25% below median its 10-year median of 0.92)
  • GF Value™: $51.76 vs. price of $45.28 (12.5% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 73.3% below the Tobacco Products median (#4 of 24)

No single metric tells the full story. See the LTS:0LJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Business Description

Other Exchanges UVV:USAUVV:Germany
Address 9201 Forest Hill Avenue, Richmond, VA, USA, 23235
Universal Corp is an international leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segments include Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States. The company operates in the USA, Belgium, China, Egypt, Philippines, Germany, and Other Countries with majority of revenue from USA.
69GF Score

Get the complete analysis for LTS:0LJD

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

$45.28
Price
$51.76
GF Value