LXU (LSB Industries) Cyclically Adjusted PB Ratio: 1.20 (As of Jul. 28, 2026) — 74% Above Median

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LXU LSB Industries Inc LXU
59 GF Score
Price $11.46
GF Value $9.60
Valuation Modestly Overvalued
! 3 Warning Signs
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What is LSB Industries Cyclically Adjusted PB Ratio?

LSB Industries LXU -6.37% 59 Cyclically Adjusted PB Ratio is 1.20 as of Jul. 28, 2026, which is 74% above its 10-year median of 0.69. GuruFocus rates LXU with a GF Score™ of 59/100 and a GF Value™ of $9.60 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,270 Chemicals companies, LSB Industries ranks better than 62.28% on this metric.

As of today (2026-07-28), LSB Industries's current share price is $11.46. LSB Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.57. LSB Industries's Cyclically Adjusted PB Ratio for today is 1.20.

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

LXU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.69   Max: 2.08
Current: 1.2

During the past years, LSB Industries's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 0.07. And the median was 0.69.

LXU's Cyclically Adjusted PB Ratio is ranked better than
62.28% of 1270 companies
in the Chemicals industry
Industry Median: 1.65 vs LXU: 1.20

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.

LSB Industries's adjusted book value per share data for the three months ended in Mar. 2026 was $7.551. 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 $9.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LSB Industries  (NYSE:LXU) 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.


LSB Industries Cyclically Adjusted PB Ratio Related Terms


LSB Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LSB Industries'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.

LSB Industries Cyclically Adjusted PB Ratio Chart

LSB Industries 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 0.91 1.10 0.81 0.72 0.88

LSB Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.63 0.77 0.79 0.88 1.56

LXU vs WLKP, TROX, GPRE: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, LSB Industries'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.


LSB Industries Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, LSB Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LXU
59GF Score
LSB Industries Inc LXU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LSB Industries 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.

LSB Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.46/9.57
=1.20

* 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.

LSB Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, LSB Industries's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.551/330.2130*330.2130
=7.551

Current CPI (Mar. 2026) = 330.2130.

LSB Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.063 241.018 15.157
201609 14.248 241.428 19.488
201612 13.317 241.432 18.214
201703 12.960 243.801 17.553
201706 12.611 244.955 17.000
201709 11.976 246.819 16.022
201712 11.698 246.524 15.669
201803 11.370 249.554 15.045
201806 10.472 251.989 13.723
201809 9.610 252.439 12.571
201812 9.046 251.233 11.890
201903 8.551 254.202 11.108
201906 8.531 256.143 10.998
201909 7.496 256.759 9.640
201912 6.420 256.974 8.250
202003 5.683 258.115 7.270
202006 5.448 257.797 6.978
202009 4.677 260.280 5.934
202012 3.862 260.474 4.896
202103 3.176 264.877 3.959
202106 3.504 271.696 4.259
202109 4.729 274.310 5.693
202112 5.116 278.802 6.059
202203 5.783 287.504 6.642
202206 6.857 296.311 7.642
202209 6.416 296.808 7.138
202212 6.761 296.797 7.522
202303 6.955 301.836 7.609
202306 7.257 305.109 7.854
202309 7.161 307.789 7.683
202312 7.089 306.746 7.631
202403 7.170 312.332 7.580
202406 7.291 314.175 7.663
202409 6.967 315.301 7.297
202412 6.864 315.605 7.182
202503 6.825 319.799 7.047
202506 6.898 322.561 7.062
202509 7.006 324.800 7.123
202512 7.252 324.054 7.390
202603 7.551 330.213 7.551

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 1.20 mean?
LSB Industries (LXU) has a Cyclically Adjusted PB Ratio of 1.20 as of Jul. 28, 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 LSB Industries and its competitors. This is 74% above median its historical median of 0.69. Over the past decade, LSB Industries' Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.08. According to the industry distribution chart, LSB Industries ranks #479 out of 1270 companies in the Chemicals industry, placing it in the top 37.7%.
Is LSB Industries' Cyclically Adjusted PB Ratio too high?
LSB Industries' current Cyclically Adjusted PB Ratio of 1.20 is 74% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.08. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. LSB Industries' value of 1.20 is 27.3% below this industry median. Based on the distribution chart, LSB Industries ranks #479 out of 1270 companies in the Chemicals industry, which is above the industry midpoint. Overall, LSB Industries has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LSB Industries' Cyclically Adjusted PB Ratio compare to WLKP and TROX?
According to the Chemicals industry distribution chart, LSB Industries ranks #479 out of 1270 companies for Cyclically Adjusted PB Ratio. This puts LSB Industries in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. LSB Industries' value of 1.20 is 27.3% below this benchmark. Historically, LSB Industries' own Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.08 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.65, LSB Industries 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,270 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. LSB Industries's current Cyclically Adjusted PB Ratio of 1.20 is 27.3% 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 LSB Industries and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSB Industries's current Cyclically Adjusted PB Ratio is 1.20, which is 74% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSB Industries stock overvalued right now?
Based on GuruFocus' analysis, LSB Industries (LXU) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.60, compared to a current price of $11.46 — trading 19.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.20, which is 74% above median its 10-year median of 0.69 and 27.3% below the Chemicals industry median of 1.65. LSB Industries' overall GF Score™ is 59/100 with 3 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 LSB Industries (LXU), the current Cyclically Adjusted PB Ratio is 1.20 as of Jul. 28, 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 LSB Industries (LXU) Overvalued in 2026?

Based on GuruFocus' analysis, LSB Industries stock appears to be overvalued. The current stock price of $11.46 is trading 19.4% above its estimated GF Value™ of $9.60. GuruFocus considers LSB Industries to be Modestly Overvalued.

Key valuation signals for LXU:

  • Cyclically Adjusted PB Ratio: 1.20 (74% above median its 10-year median of 0.69)
  • GF Value™: $9.60 vs. price of $11.46 (19.4% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 27.3% below the Chemicals median (#479 of 1270)

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


LSB Industries Business Description

Other Exchanges LS3:Germany
Address 3503 North West 63rd Street, Suite 500, Oklahoma City, OK, USA, 73116
LSB Industries Inc is engaged in the manufacturing and sale of chemical products in the United States. The company manufactures and sells chemical products for the agricultural and industrial sectors. Its products include ammonia, fertilizer grade ammonium nitrate (AN and HDAN), and urea ammonia nitrate (UAN) for agricultural applications; high purity and commercial grade ammonia, sulfuric acids, concentrated, blended, and regular nitric acid, mixed nitrating acids, carbon dioxide, and diesel exhaust fluid for industrial applications; and industrial grade AN (LDAN) and AN solutions for mining applications. Its products are sold through distributors and directly to end customers throughout the United States and other parts of North America.
59GF Score

Get the complete analysis for LXU

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

$11.46
Price
$9.60
GF Value