Cie Lebon (LTS:0OR0) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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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.

LTS:0OR0 Cie Lebon SA LTS:0OR0
75 GF Score
Price €96.00
GF Value €78.39
! 4 Warning Signs
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What is Cie Lebon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cie Lebon  (LTS:0OR0) 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.


Cie Lebon Cyclically Adjusted PB Ratio Related Terms


Cie Lebon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cie Lebon'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.

Cie Lebon Cyclically Adjusted PB Ratio Chart

Cie Lebon 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 0.42 0.40 0.40 0.51 0.53

Cie Lebon Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.40 0.41 0.51 0.49 0.54

LTS:0OR0 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Cie Lebon'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.


Cie Lebon Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Cie Lebon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0OR0
75GF Score
Cie Lebon SA LTS:0OR0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cie Lebon 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.

Cie Lebon's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Cie Lebon's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=155.329/120.8900*120.8900
=155.329

Current CPI (Dec25) = 120.8900.

Cie Lebon Annual Data

Book Value per Share CPI Adj_Book
201612 205.535 100.650 246.867
201712 218.171 101.850 258.956
201812 146.112 103.470 170.711
201912 147.436 104.980 169.780
202012 139.269 104.960 160.406
202112 145.283 107.850 162.849
202212 154.709 114.160 163.829
202312 158.071 118.390 161.409
202412 154.179 119.950 155.387
202512 155.329 120.890 155.329

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 Cie Lebon (LTS:0OR0) Overvalued in 2026?

Based on GuruFocus' analysis, Cie Lebon stock appears to be overvalued. The current stock price of €96.00 is trading 22.5% above its estimated GF Value™ of €78.39.

Key valuation signals for LTS:0OR0:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €78.39 vs. price of €96.00 (22.5% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the LTS:0OR0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cie Lebon Business Description

Other Exchanges ALBON:France
Address 24 rue Murillo, Paris, FRA, 75008
Cie Lebon SA concentrates on capital investment, hotels and real estate.
75GF 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.

€96.00
Price
€78.39
GF Value