LXP (LXP Industrial Trust) Cyclically Adjusted PB Ratio: 1.59 (As of Aug. 03, 2026) — 16% Above Median

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LXP LXP Industrial Trust LXP
72 GF Score
Price $60.53
GF Value $45.99
Valuation Significantly Overvalued
! 12 Warning Signs
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What is LXP Industrial Trust Cyclically Adjusted PB Ratio?

LXP Industrial Trust LXP -0.33% 72 Cyclically Adjusted PB Ratio is 1.59 as of Aug. 03, 2026, which is 16% above its 10-year median of 1.37. GuruFocus rates LXP with a GF Score™ of 72/100 and a GF Value™ of $45.99 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 553 REITs companies, LXP Industrial Trust ranks worse than 82.82% on this metric.

As of today (2026-08-03), LXP Industrial Trust's current share price is $60.53. LXP Industrial Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $38.18. LXP Industrial Trust's Cyclically Adjusted PB Ratio for today is 1.59.

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

LXP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.37   Max: 2.38
Current: 1.59

During the past years, LXP Industrial Trust's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 1.01. And the median was 1.37.

LXP's Cyclically Adjusted PB Ratio is ranked worse than
82.82% of 553 companies
in the REITs industry
Industry Median: 0.81 vs LXP: 1.59

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.

LXP Industrial Trust's adjusted book value per share data for the three months ended in Jun. 2026 was $31.447. 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 $38.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LXP Industrial Trust  (NYSE:LXP) 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.


LXP Industrial Trust Cyclically Adjusted PB Ratio Related Terms


LXP Industrial Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LXP Industrial Trust'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.

LXP Industrial Trust Cyclically Adjusted PB Ratio Chart

LXP Industrial Trust 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 2.34 1.40 1.36 1.09 1.32

LXP Industrial Trust 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 1.10 1.19 1.32 1.22 1.41

LXP vs NSA, COLD, SMA: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, LXP Industrial Trust'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.


LXP Industrial Trust Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, LXP Industrial Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LXP
72GF Score
LXP Industrial Trust LXP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LXP Industrial Trust 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.

LXP Industrial Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.53/38.18
=1.59

* 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.

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

For example, LXP Industrial Trust'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)
=31.447/333.9520*333.9520
=31.447

Current CPI (Jun. 2026) = 333.9520.

LXP Industrial Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 27.472 241.428 38.000
201612 27.281 241.432 37.735
201703 27.395 243.801 37.525
201706 26.687 244.955 36.383
201709 25.940 246.819 35.097
201712 25.549 246.524 34.610
201803 24.269 249.554 32.477
201806 23.343 251.989 30.936
201809 26.901 252.439 35.587
201812 26.294 251.233 34.951
201903 26.299 254.202 34.550
201906 26.280 256.143 34.263
201909 29.810 256.759 38.772
201912 31.619 256.974 41.091
202003 31.132 258.115 40.279
202006 32.193 257.797 41.703
202009 32.486 260.280 41.681
202012 33.856 260.474 43.407
202103 34.011 264.877 42.880
202106 34.796 271.696 42.769
202109 34.547 274.310 42.058
202112 38.710 278.802 46.367
202203 38.087 287.504 44.240
202206 37.826 296.311 42.631
202209 37.543 296.808 42.241
202212 38.714 296.797 43.560
202303 38.086 301.836 42.138
202306 37.371 305.109 40.904
202309 36.943 307.789 40.083
202312 36.430 306.746 39.661
202403 35.586 312.332 38.049
202406 34.659 314.175 36.841
202409 34.057 315.301 36.072
202412 34.028 315.605 36.006
202503 33.490 319.799 34.972
202506 33.310 322.561 34.486
202509 33.258 324.800 34.195
202512 32.884 324.054 33.888
202603 32.121 330.213 32.485
202606 31.447 333.952 31.447

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 1.59 mean?
LXP Industrial Trust (LXP) has a Cyclically Adjusted PB Ratio of 1.59 as of Aug. 03, 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 LXP Industrial Trust and its competitors. This is 16% above median its historical median of 1.37. Over the past decade, LXP Industrial Trust's Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.38. According to the industry distribution chart, LXP Industrial Trust ranks #458 out of 553 companies in the REITs industry, placing it in the top 82.8%.
Is LXP Industrial Trust's Cyclically Adjusted PB Ratio too high?
LXP Industrial Trust's current Cyclically Adjusted PB Ratio of 1.59 is 16% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.38. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. LXP Industrial Trust's value of 1.59 is 96.3% above this industry median. Based on the distribution chart, LXP Industrial Trust ranks #458 out of 553 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, LXP Industrial Trust has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LXP Industrial Trust's Cyclically Adjusted PB Ratio compare to NSA and COLD?
According to the REITs industry distribution chart, LXP Industrial Trust ranks #458 out of 553 companies for Cyclically Adjusted PB Ratio. This places LXP Industrial Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. LXP Industrial Trust's value of 1.59 is 96.3% above this benchmark. Historically, LXP Industrial Trust's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.38 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 0.81, LXP Industrial Trust 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 553 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. LXP Industrial Trust's current Cyclically Adjusted PB Ratio of 1.59 is 96.3% 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 LXP Industrial Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LXP Industrial Trust's current Cyclically Adjusted PB Ratio is 1.59, which is 16% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LXP Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, LXP Industrial Trust (LXP) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.99, compared to a current price of $60.53 — trading 31.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.59, which is 16% above median its 10-year median of 1.37 and 96.3% above the REITs industry median of 0.81. LXP Industrial Trust's overall GF Score™ is 72/100 with 12 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 LXP Industrial Trust (LXP), the current Cyclically Adjusted PB Ratio is 1.59 as of Aug. 03, 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 LXP Industrial Trust (LXP) Overvalued in 2026?

Based on GuruFocus' analysis, LXP Industrial Trust stock appears to be overvalued. The current stock price of $60.53 is trading 31.6% above its estimated GF Value™ of $45.99. GuruFocus considers LXP Industrial Trust to be Significantly Overvalued.

Key valuation signals for LXP:

  • Cyclically Adjusted PB Ratio: 1.59 (16% above median its 10-year median of 1.37)
  • GF Value™: $45.99 vs. price of $60.53 (31.6% above fair value)
  • GF Score™: 72/100 with 12 warning signs
  • Industry Position: 96.3% above the REITs median (#458 of 553)

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


LXP Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges LXPpC.PFD:USALXN0:Germany
Address 515 North Flagler Drive, Suite 408, West Palm Beach, FL, USA, 33401
LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. The majority of the revenue is earned through rental revenue.
72GF Score

Get the complete analysis for LXP

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

$60.53
Price
$45.99
GF Value