Lindex Group (LTS:0MW2) Cyclically Adjusted PB Ratio: 0.31 (As of Aug. 01, 2026) — 48% Above Median

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LTS:0MW2 Lindex Group PLC LTS:0MW2
61 GF Score
Price €2.30
GF Value €2.76
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lindex Group Cyclically Adjusted PB Ratio?

Lindex Group LTS:0MW2 -1.08% 61 Cyclically Adjusted PB Ratio is 0.31 as of Aug. 01, 2026, which is 48% above its 10-year median of 0.21. GuruFocus rates LTS:0MW2 with a GF Score™ of 61/100 and a GF Value™ of €2.76 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 807 Retail - Cyclical companies, Lindex Group ranks better than 87.36% on this metric.

As of today (2026-08-01), Lindex Group's current share price is €2.295. Lindex Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €7.39. Lindex Group's Cyclically Adjusted PB Ratio for today is 0.31.

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

LTS:0MW2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.21   Max: 0.64
Current: 0.31

During the past years, Lindex Group's highest Cyclically Adjusted PB Ratio was 0.64. The lowest was 0.06. And the median was 0.21.

LTS:0MW2's Cyclically Adjusted PB Ratio is ranked better than
87.36% of 807 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs LTS:0MW2: 0.31

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.

Lindex Group's adjusted book value per share data for the three months ended in Jun. 2026 was €2.653. 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 €7.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindex Group  (LTS:0MW2) 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.


Lindex Group Cyclically Adjusted PB Ratio Related Terms


Lindex Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lindex 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.

Lindex Group Cyclically Adjusted PB Ratio Chart

Lindex Group 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 0.19 0.17 0.28 0.28 0.31

Lindex Group 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 0.32 0.34 0.31 0.30 0.28

LTS:0MW2 vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Lindex 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.


Lindex Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lindex Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0MW2
61GF Score
Lindex Group PLC LTS:0MW2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.295/7.39
=0.31

* 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.

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

For example, Lindex Group'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)
=2.653/125.3800*125.3800
=2.653

Current CPI (Jun. 2026) = 125.3800.

Lindex Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.050 100.540 17.521
201612 14.994 101.020 18.610
201703 14.457 100.910 17.963
201706 14.322 101.140 17.755
201709 12.093 101.320 14.965
201712 12.285 101.510 15.174
201803 11.784 101.730 14.524
201806 11.924 102.320 14.611
201809 11.723 102.600 14.326
201812 7.049 102.710 8.605
201903 11.109 102.870 13.540
201906 10.963 103.360 13.299
201909 10.684 103.540 12.938
201912 6.518 103.650 7.884
202003 10.315 103.490 12.497
202006 10.432 103.320 12.659
202009 10.393 103.710 12.565
202012 2.862 103.890 3.454
202103 2.316 104.870 2.769
202106 1.278 105.360 1.521
202109 1.542 106.290 1.819
202112 1.737 107.490 2.026
202203 1.733 110.950 1.958
202206 2.152 113.570 2.376
202209 2.103 114.920 2.294
202212 2.153 117.320 2.301
202303 2.238 119.750 2.343
202306 2.174 120.690 2.258
202309 2.298 121.280 2.376
202312 2.467 121.540 2.545
202403 2.267 122.360 2.323
202406 2.323 122.230 2.383
202409 2.342 122.260 2.402
202412 2.438 122.390 2.498
202503 2.471 123.010 2.519
202506 2.452 122.530 2.509
202509 2.478 122.880 2.528
202512 2.749 122.670 2.810
202603 2.595 124.670 2.610
202606 2.653 125.380 2.653

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 0.31 mean?
Lindex Group (LTS:0MW2) has a Cyclically Adjusted PB Ratio of 0.31 as of Aug. 01, 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 Lindex Group and its competitors. This is 48% above median its historical median of 0.21. Over the past decade, Lindex Group's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.64. According to the industry distribution chart, Lindex Group ranks #102 out of 807 companies in the Retail - Cyclical industry, placing it in the top 12.6%.
Is Lindex Group's Cyclically Adjusted PB Ratio too high?
Lindex Group's current Cyclically Adjusted PB Ratio of 0.31 is 48% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.64. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Lindex Group's value of 0.31 is 75% below this industry median. Based on the distribution chart, Lindex Group ranks #102 out of 807 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Lindex Group has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lindex Group's Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Lindex Group ranks #102 out of 807 companies for Cyclically Adjusted PB Ratio. This places Lindex Group in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. Lindex Group's value of 0.31 is 75% below this benchmark. Historically, Lindex Group's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.64 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.24, Lindex Group 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 807 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. Lindex Group's current Cyclically Adjusted PB Ratio of 0.31 is 75% 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 Lindex Group and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindex Group's current Cyclically Adjusted PB Ratio is 0.31, which is 48% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindex Group stock overvalued right now?
Based on GuruFocus' analysis, Lindex Group (LTS:0MW2) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.76, compared to a current price of €2.30 — trading 16.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is 48% above median its 10-year median of 0.21 and 75% below the Retail - Cyclical industry median of 1.24. Lindex Group's overall GF Score™ is 61/100 with 5 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 Lindex Group (LTS:0MW2), the current Cyclically Adjusted PB Ratio is 0.31 as of Aug. 01, 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 Lindex Group (LTS:0MW2) Overvalued in 2026?

Based on GuruFocus' analysis, Lindex Group stock appears to be undervalued. The current stock price of €2.30 is trading 16.8% below its estimated GF Value™ of €2.76. GuruFocus considers Lindex Group to be Modestly Undervalued.

Key valuation signals for LTS:0MW2:

  • Cyclically Adjusted PB Ratio: 0.31 (48% above median its 10-year median of 0.21)
  • GF Value™: €2.76 vs. price of €2.30 (16.8% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 75% below the Retail - Cyclical median (#102 of 807)

No single metric tells the full story. See the LTS:0MW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lindex Group Business Description

Other Exchanges LINDEX:Finland
Address Aleksanterinkatu 52 B, PO Box 220, Helsinki, FIN, FI-00101
Lindex Group PLC is an international multichannel retail group with two divisions: Lindex and Stockmann. The company's segments include Lindex, which operates in the fashion retail trade, offers inspiring and affordable fashion for women and children. Its product range includes women's wear, kids wear, lingerie and cosmetics and Stockmann is a multichannel retail company offering a diverse and high-quality range of fashion, cosmetics and home products and also includes food and beverage products. The group is geographically divided into Finland, Sweden, Norway, and other countries.
61GF Score

Get the complete analysis for LTS:0MW2

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

€2.30
Price
€2.76
GF Value