Landis+Gyr Group AG (STU:4LG) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:4LG Landis+Gyr Group AG STU:4LG
61 GF Score
Price €49.65
GF Value €46.63
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Landis+Gyr Group AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Landis+Gyr Group AG  (STU:4LG) 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.


Landis+Gyr Group AG Cyclically Adjusted PB Ratio Related Terms


Landis+Gyr Group AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Landis+Gyr Group AG'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.

Landis+Gyr Group AG Cyclically Adjusted PB Ratio Chart

Landis+Gyr Group AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.31 1.35 1.12

Landis+Gyr Group AG Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.31 1.31 1.35 1.31 1.12

STU:4LG vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Landis+Gyr Group AG'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.


Landis+Gyr Group AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Landis+Gyr Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Landis+Gyr Group AG's Cyclically Adjusted PB Ratio falls into.


STU:4LG
61GF Score
Landis+Gyr Group AG STU:4LG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Landis+Gyr Group AG 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.

Landis+Gyr Group AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Landis+Gyr Group AG's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=33.884/108.0600*108.0600
=33.884

Current CPI (Mar26) = 108.0600.

Landis+Gyr Group AG Annual Data

Book Value per Share CPI Adj_Book
201703 54.896 100.040 59.297
201803 49.818 100.836 53.387
201903 55.705 101.571 59.264
202003 56.846 101.048 60.791
202103 40.606 100.800 43.531
202203 43.449 103.205 45.493
202303 48.780 106.245 49.613
202403 49.787 107.355 50.114
202503 42.326 107.722 42.459
202603 33.884 108.060 33.884

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.

Is Landis+Gyr Group AG (STU:4LG) Overvalued in 2026?

Based on GuruFocus' analysis, Landis+Gyr Group AG stock appears to be overvalued. The current stock price of €49.65 is trading 6.5% above its estimated GF Value™ of €46.63. GuruFocus considers Landis+Gyr Group AG to be Fairly Valued.

Key valuation signals for STU:4LG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €46.63 vs. price of €49.65 (6.5% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the STU:4LG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landis+Gyr Group AG Business Description

Address Alte Steinhauserstrasse 18, Cham, CHE, CH-6330
Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. Its geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Smart Metering, Grid Edge Intelligence, and Smart Infrastructure technology. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and the Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.
61GF Score

Get the complete analysis for STU:4LG

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

€49.65
Price
€46.63
GF Value