LKQ (MIL:1LKQ) Cyclically Adjusted PB Ratio: 1.21 (As of Aug. 18, 2026) — 62% Below Median

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MIL:1LKQ LKQ Corp MIL:1LKQ
75 GF Score
Price €21.80
GF Value €41.59
Valuation Significantly Undervalued
! 5 Warning Signs
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What is LKQ Cyclically Adjusted PB Ratio?

LKQ MIL:1LKQ +2.64% 75 Cyclically Adjusted PB Ratio is 1.21 as of Aug. 18, 2026, which is 62% below its 10-year median of 3.22. GuruFocus rates MIL:1LKQ with a GF Score™ of 75/100 and a GF Value™ of €41.59 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 972 Vehicles & Parts companies, LKQ ranks better than 54.63% on this metric.

As of today (2026-08-18), LKQ's current share price is €21.80. LKQ's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €17.96. LKQ's Cyclically Adjusted PB Ratio for today is 1.21.

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

MIL:1LKQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 3.22   Max: 5.83
Current: 1.14

During the past years, LKQ's highest Cyclically Adjusted PB Ratio was 5.83. The lowest was 1.01. And the median was 3.22.

MIL:1LKQ's Cyclically Adjusted PB Ratio is ranked better than
54.63% of 972 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs MIL:1LKQ: 1.14

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.

LKQ's adjusted book value per share data for the three months ended in Jun. 2026 was €22.084. 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 €17.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LKQ  (MIL:1LKQ) 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.


LKQ Cyclically Adjusted PB Ratio Related Terms


LKQ Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LKQ'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.

LKQ Cyclically Adjusted PB Ratio Chart

LKQ 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 4.36 3.36 2.70 1.90 1.43

LKQ 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 1.81 1.47 1.43 1.35 1.18

MIL:1LKQ vs MBLY, LEA, GTX: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, LKQ'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.


LKQ Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


MIL:1LKQ
75GF Score
LKQ Corp MIL:1LKQ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LKQ 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.80/17.96
=1.21

* 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.

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

For example, LKQ'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)
=22.084/333.9520*333.9520
=22.084

Current CPI (Jun. 2026) = 333.9520.

LKQ Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.931 241.428 13.737
201612 10.613 241.432 14.680
201703 10.939 243.801 14.984
201706 11.122 244.955 15.163
201709 10.972 246.819 14.845
201712 11.476 246.524 15.546
201803 11.542 249.554 15.445
201806 12.711 251.989 16.845
201809 13.037 252.439 17.247
201812 13.297 251.233 17.675
201903 13.528 254.202 17.772
201906 13.832 256.143 18.034
201909 14.277 256.759 18.569
201912 14.697 256.974 19.100
202003 14.762 258.115 19.099
202006 14.950 257.797 19.366
202009 15.031 260.280 19.286
202012 15.315 260.474 19.635
202103 16.231 264.877 20.464
202106 16.466 271.696 20.239
202109 17.166 274.310 20.898
202112 17.798 278.802 21.319
202203 18.447 287.504 21.427
202206 19.118 296.311 21.547
202209 19.676 296.808 22.138
202212 19.258 296.797 21.669
202303 19.863 301.836 21.976
202306 20.525 305.109 22.465
202309 20.839 307.789 22.610
202312 21.164 306.746 23.041
202403 21.253 312.332 22.724
202406 21.551 314.175 22.908
202409 21.504 315.301 22.776
202412 22.178 315.605 23.467
202503 22.110 319.799 23.088
202506 21.963 322.561 22.739
202509 21.787 324.800 22.401
202512 21.921 324.054 22.591
202603 21.916 330.213 22.164
202606 22.084 333.952 22.084

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 1.21 mean?
LKQ (MIL:1LKQ) has a Cyclically Adjusted PB Ratio of 1.21 as of Aug. 18, 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 LKQ and its competitors. This is 62% below median its historical median of 3.22. Over the past decade, LKQ's Cyclically Adjusted PB Ratio has ranged from 1.01 to 5.83. According to the industry distribution chart, LKQ ranks #441 out of 972 companies in the Vehicles & Parts industry, placing it in the top 45.4%.
Is LKQ's Cyclically Adjusted PB Ratio too high?
LKQ's current Cyclically Adjusted PB Ratio of 1.21 is 62% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 5.83. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. LKQ's value of 1.21 is 5.5% below this industry median. Based on the distribution chart, LKQ ranks #441 out of 972 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, LKQ has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LKQ's Cyclically Adjusted PB Ratio compare to MBLY and LEA?
According to the Vehicles & Parts industry distribution chart, LKQ ranks #441 out of 972 companies for Cyclically Adjusted PB Ratio. This puts LKQ in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. LKQ's value of 1.21 is 5.5% below this benchmark. Historically, LKQ's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 5.83 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.28, LKQ 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 972 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. LKQ's current Cyclically Adjusted PB Ratio of 1.21 is 5.5% 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 LKQ and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LKQ's current Cyclically Adjusted PB Ratio is 1.21, which is 62% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LKQ stock overvalued right now?
Based on GuruFocus' analysis, LKQ (MIL:1LKQ) is currently considered Significantly Undervalued. The stock's GF Value™ is €41.59, compared to a current price of €21.80 — trading 47.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is 62% below median its 10-year median of 3.22 and 5.5% below the Vehicles & Parts industry median of 1.28. LKQ's overall GF Score™ is 75/100 with 5 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 LKQ (MIL:1LKQ), the current Cyclically Adjusted PB Ratio is 1.21 as of Aug. 18, 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 LKQ (MIL:1LKQ) Overvalued in 2026?

Based on GuruFocus' analysis, LKQ stock appears to be undervalued. The current stock price of €21.80 is trading 47.6% below its estimated GF Value™ of €41.59. GuruFocus considers LKQ to be Significantly Undervalued.

Key valuation signals for MIL:1LKQ:

  • Cyclically Adjusted PB Ratio: 1.21 (62% below median its 10-year median of 3.22)
  • GF Value™: €41.59 vs. price of €21.80 (47.6% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 5.5% below the Vehicles & Parts median (#441 of 972)

No single metric tells the full story. See the MIL:1LKQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LKQ Business Description

Other Exchanges LKQ:USA0JSJ:UKLKQ1:Germany
Address 5846 Crossings Boulevard, Antioch, TN, USA, 37013
LKQ Corp is a world-wide distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, and specialty aftermarket products and accessories to improve the performance, functionality and appearance of vehicles. The company is organized into three operating segments: North America; Europe; and Specialty segment. It derives maximum revenue from Europe Segment. Europe segment is a provider of alternative vehicle replacement and maintenance products in Germany, the United Kingdom, the Benelux region (Belgium, Netherlands, and Luxembourg), Italy, Czech Republic, Austria, Slovakia, France and various other European countries.
75GF Score

Get the complete analysis for MIL:1LKQ

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

€21.80
Price
€41.59
GF Value