Legrand (MEX:LR) Cyclically Adjusted PB Ratio: 6.19 (As of Aug. 04, 2026) — 27% Above Median

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MEX:LR Legrand SA MEX:LR
97 GF Score
Price MXN3,065.30
GF Value MXN2,852.55
! 1 Warning Sign
View Full Analysis

What is Legrand Cyclically Adjusted PB Ratio?

Legrand MEX:LR 97 Cyclically Adjusted PB Ratio is 6.19 as of Aug. 04, 2026, which is 27% above its 10-year median of 4.88. GuruFocus rates MEX:LR with a GF Score™ of 97/100 and a GF Value™ of MXN2,852.55. The stock has 1 warning sign investors should review. Among 2,261 Industrial Products companies, Legrand ranks worse than 81.73% on this metric.

As of today (2026-08-04), Legrand's current share price is MXN3065.30. Legrand's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN495.18. Legrand's Cyclically Adjusted PB Ratio for today is 6.19.

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

MEX:LR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.61   Med: 4.88   Max: 6.78
Current: 5.51

During the past years, Legrand's highest Cyclically Adjusted PB Ratio was 6.78. The lowest was 3.61. And the median was 4.88.

MEX:LR's Cyclically Adjusted PB Ratio is ranked worse than
81.73% of 2261 companies
in the Industrial Products industry
Industry Median: 2.07 vs MEX:LR: 5.51

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.

Legrand's adjusted book value per share data for the three months ended in Jun. 2026 was MXN574.688. 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 MXN495.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legrand  (MEX:LR) 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.


Legrand Cyclically Adjusted PB Ratio Related Terms


Legrand Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Legrand'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.

Legrand Cyclically Adjusted PB Ratio Chart

Legrand 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 6.36 4.10 4.70 4.38 5.60

Legrand 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 5.10 6.26 5.60 5.65 6.19

MEX:LR vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Legrand'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.


Legrand Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Legrand's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:LR
97GF Score
Legrand SA MEX:LR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Legrand 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3065.30/495.18
=6.19

* 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.

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

For example, Legrand'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)
=574.688/123.5100*123.5100
=574.688

Current CPI (Jun. 2026) = 123.5100.

Legrand Quarterly Data

Book Value per Share CPI Adj_Book
201609 311.236 100.340 383.105
201612 331.752 100.650 407.101
201703 319.676 101.170 390.266
201706 299.244 101.320 364.781
201709 321.291 101.330 391.618
201712 362.404 101.850 439.475
201803 353.976 102.750 425.495
201806 361.877 103.370 432.383
201809 356.539 103.560 425.223
201812 384.702 103.470 459.211
201903 401.599 103.890 477.442
201906 378.105 104.580 446.546
201909 409.218 104.500 483.660
201912 400.503 104.980 471.196
202003 505.362 104.590 596.780
202006 472.690 104.790 557.133
202009 473.804 104.550 559.728
202012 443.196 104.960 521.524
202103 483.808 105.750 565.060
202106 457.639 106.340 531.531
202109 490.665 106.810 567.382
202112 496.707 107.850 568.830
202203 503.094 110.490 562.378
202206 504.759 112.550 553.912
202209 516.712 112.740 566.073
202212 514.029 114.160 556.129
202303 488.245 116.790 516.338
202306 453.099 117.650 475.667
202309 478.049 118.260 499.271
202312 474.663 118.390 495.191
202403 484.631 119.470 501.019
202406 510.826 120.200 524.893
202409 569.628 119.560 588.447
202412 627.366 119.950 645.986
202503 638.289 120.380 654.885
202506 579.537 121.360 589.804
202509 588.947 120.950 601.413
202512 587.810 120.900 600.500
202603 617.064 122.420 622.558
202606 574.688 123.510 574.688

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 6.19 mean?
Legrand (MEX:LR) has a Cyclically Adjusted PB Ratio of 6.19 as of Aug. 04, 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 Legrand and its competitors. This is 27% above median its historical median of 4.88. Over the past decade, Legrand's Cyclically Adjusted PB Ratio has ranged from 3.61 to 6.78. According to the industry distribution chart, Legrand ranks #1848 out of 2261 companies in the Industrial Products industry, placing it in the top 81.7%.
Is Legrand's Cyclically Adjusted PB Ratio too high?
Legrand's current Cyclically Adjusted PB Ratio of 6.19 is 27% above median its 10-year median of 4.88. Over the past 10 years, this metric has ranged from a low of 3.61 to a high of 6.78. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Legrand's value of 6.19 is 199% above this industry median. Based on the distribution chart, Legrand ranks #1848 out of 2261 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Legrand has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Legrand's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Legrand ranks #1848 out of 2261 companies for Cyclically Adjusted PB Ratio. This places Legrand in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Legrand's value of 6.19 is 199% above this benchmark. Historically, Legrand's own Cyclically Adjusted PB Ratio has ranged from 3.61 to 6.78 over the past decade. While the company's 10-year median is 4.88 vs. the industry median of 2.07, Legrand 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,261 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. Legrand's current Cyclically Adjusted PB Ratio of 6.19 is 199% 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 Legrand and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legrand's current Cyclically Adjusted PB Ratio is 6.19, which is 27% above median its own 10-year median of 4.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legrand stock overvalued right now?
Legrand (MEX:LR) has a current Cyclically Adjusted PB Ratio of 6.19. The stock's GF Value™ is MXN2,852.55, compared to a current price of MXN3,065.30 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.19, which is 27% above median its 10-year median of 4.88 and 199% above the Industrial Products industry median of 2.07. Legrand's overall GF Score™ is 97/100 with 1 warning sign 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 Legrand (MEX:LR), the current Cyclically Adjusted PB Ratio is 6.19 as of Aug. 04, 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 Legrand (MEX:LR) Overvalued in 2026?

Based on GuruFocus' analysis, Legrand stock appears to be overvalued. The current stock price of MXN3,065.30 is trading 7.5% above its estimated GF Value™ of MXN2,852.55.

Key valuation signals for MEX:LR:

  • Cyclically Adjusted PB Ratio: 6.19 (27% above median its 10-year median of 4.88)
  • GF Value™: MXN2,852.55 vs. price of MXN3,065.30 (7.5% above fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 199% above the Industrial Products median (#1848 of 2261)

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


Legrand Business Description

Address 128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and commercial (40%) buildings, as well as data centers. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors. North America and Europe each account for 40% of group sales.
97GF Score

Get the complete analysis for MEX:LR

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

MXN3,065.30
Price
MXN2,852.55
GF Value