Lear (MEX:LEA) Cyclically Adjusted PB Ratio: 1.40 (As of Jul. 14, 2026) — 45% Below Median

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MEX:LEA Lear Corp MEX:LEA
84 GF Score
Price MXN2,120.00
GF Value MXN1,974.75
! 7 Warning Signs
View Full Analysis

What is Lear Cyclically Adjusted PB Ratio?

Lear MEX:LEA 84 Cyclically Adjusted PB Ratio is 1.40 as of Jul. 14, 2026, which is 45% below its 10-year median of 2.53. GuruFocus rates MEX:LEA with a GF Score™ of 84/100 and a GF Value™ of MXN1,974.75. The stock has 7 warning signs investors should review. Among 1,037 Vehicles & Parts companies, Lear ranks worse than 54.77% on this metric.

As of today (2026-07-14), Lear's current share price is MXN2120.00. Lear's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,516.29. Lear's Cyclically Adjusted PB Ratio for today is 1.40.

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

MEX:LEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.53   Max: 6.33
Current: 1.56

During the past years, Lear's highest Cyclically Adjusted PB Ratio was 6.33. The lowest was 0.97. And the median was 2.53.

MEX:LEA's Cyclically Adjusted PB Ratio is ranked worse than
54.77% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 1.31 vs MEX:LEA: 1.56

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.

Lear's adjusted book value per share data for the three months ended in Mar. 2026 was MXN1,825.485. 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 MXN1,516.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lear  (MEX:LEA) 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.


Lear Cyclically Adjusted PB Ratio Related Terms


Lear Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lear'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.

Lear Cyclically Adjusted PB Ratio Chart

Lear 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 3.14 1.88 1.96 1.22 1.37

Lear 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 1.11 1.17 1.21 1.37 1.40

MEX:LEA vs LKQ, MBLY, GTX: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Lear'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.


Lear Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:LEA
84GF Score
Lear Corp MEX:LEA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lear 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2120.00/1516.29
=1.40

* 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.

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

For example, Lear'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)
=1825.485/330.2130*330.2130
=1,825.485

Current CPI (Mar. 2026) = 330.2130.

Lear Quarterly Data

Book Value per Share CPI Adj_Book
201606 779.000 241.018 1,067.289
201609 847.647 241.428 1,159.369
201612 907.799 241.432 1,241.621
201703 909.676 243.801 1,232.098
201706 961.881 244.955 1,296.669
201709 1,039.857 246.819 1,391.199
201712 1,218.915 246.524 1,632.707
201803 1,204.221 249.554 1,593.440
201806 1,286.578 251.989 1,685.966
201809 1,244.073 252.439 1,627.360
201812 1,310.466 251.233 1,722.437
201903 1,319.400 254.202 1,713.924
201906 1,328.879 256.143 1,713.157
201909 1,368.502 256.759 1,760.005
201912 1,357.414 256.974 1,744.284
202003 1,574.536 258.115 2,014.343
202006 1,489.400 257.797 1,907.777
202009 1,522.009 260.280 1,930.948
202012 1,479.776 260.474 1,875.969
202103 1,556.990 264.877 1,941.046
202106 1,587.389 271.696 1,929.276
202109 1,594.353 274.310 1,919.274
202112 1,597.536 278.802 1,892.121
202203 1,549.144 287.504 1,779.271
202206 1,503.770 296.311 1,675.822
202209 1,460.968 296.808 1,625.396
202212 1,544.025 296.797 1,717.865
202303 1,483.540 301.836 1,623.014
202306 1,453.365 305.109 1,572.946
202309 1,452.811 307.789 1,558.656
202312 1,465.328 306.746 1,577.430
202403 1,427.333 312.332 1,509.048
202406 1,558.913 314.175 1,638.492
202409 1,719.127 315.301 1,800.432
202412 1,732.863 315.605 1,813.070
202503 1,782.588 319.799 1,840.637
202506 1,798.515 322.561 1,841.181
202509 1,791.850 324.800 1,821.712
202512 1,790.047 324.054 1,824.069
202603 1,825.485 330.213 1,825.485

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 1.40 mean?
Lear (MEX:LEA) has a Cyclically Adjusted PB Ratio of 1.40 as of Jul. 14, 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 Lear and its competitors. This is 45% below median its historical median of 2.53. Over the past decade, Lear's Cyclically Adjusted PB Ratio has ranged from 0.97 to 6.33. According to the industry distribution chart, Lear ranks #568 out of 1037 companies in the Vehicles & Parts industry, placing it in the top 54.8%.
Is Lear's Cyclically Adjusted PB Ratio too high?
Lear's current Cyclically Adjusted PB Ratio of 1.40 is 45% below median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 6.33. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.31. Lear's value of 1.40 is 6.9% above this industry median. Based on the distribution chart, Lear ranks #568 out of 1037 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lear has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Lear's Cyclically Adjusted PB Ratio compare to LKQ and MBLY?
According to the Vehicles & Parts industry distribution chart, Lear ranks #568 out of 1037 companies for Cyclically Adjusted PB Ratio. This places Lear in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.31. Lear's value of 1.40 is 6.9% above this benchmark. Historically, Lear's own Cyclically Adjusted PB Ratio has ranged from 0.97 to 6.33 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.31, Lear 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.31, based on 1,037 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. Lear's current Cyclically Adjusted PB Ratio of 1.40 is 6.9% 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 Lear and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lear's current Cyclically Adjusted PB Ratio is 1.40, which is 45% below median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lear stock overvalued right now?
Lear (MEX:LEA) has a current Cyclically Adjusted PB Ratio of 1.40. The stock's GF Value™ is MXN1,974.75, compared to a current price of MXN2,120.00 — trading 7.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.40, which is 45% below median its 10-year median of 2.53 and 6.9% above the Vehicles & Parts industry median of 1.31. Lear's overall GF Score™ is 84/100 with 7 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 Lear (MEX:LEA), the current Cyclically Adjusted PB Ratio is 1.40 as of Jul. 14, 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 Lear (MEX:LEA) Overvalued in 2026?

Based on GuruFocus' analysis, Lear stock appears to be overvalued. The current stock price of MXN2,120.00 is trading 7.4% above its estimated GF Value™ of MXN1,974.75.

Key valuation signals for MEX:LEA:

  • Cyclically Adjusted PB Ratio: 1.40 (45% below median its 10-year median of 2.53)
  • GF Value™: MXN1,974.75 vs. price of MXN2,120.00 (7.4% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 6.9% above the Vehicles & Parts median (#568 of 1037)

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


Lear Business Description

Other Exchanges LEA:USA0JTQ:UK
Address 21557 Telegraph Road, Southfield, MI, USA, 48033
Lear Corp designs, develops, and manufactures automotive seating and electrical systems and components. The company has two reporting segments Seating and E-Systems. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems. The company earns majority of its revenue from the seating segment.
84GF Score

Get the complete analysis for MEX:LEA

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

MXN2,120.00
Price
MXN1,974.75
GF Value