Lear (STU:LE6N) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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.
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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:LE6N Lear Corp STU:LE6N
82 GF Score
Price €105.00
GF Value €112.87
Valuation Fairly Valued
! 4 Warning Signs
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What is Lear Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lear  (STU:LE6N) 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 2.93 1.89 1.87 1.22 1.23

Lear 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 1.06 1.09 1.26 1.29 1.42

STU:LE6N vs LKQ, GTX, MBLY: 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.


STU:LE6N
82GF Score
Lear Corp STU:LE6N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Lear'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)
=94.024/333.9520*333.9520
=94.024

Current CPI (Jun. 2026) = 333.9520.

Lear Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.094 241.428 56.843
201612 43.599 241.432 60.307
201703 46.967 243.801 64.334
201706 48.386 244.955 65.966
201709 52.273 246.819 70.727
201712 55.366 246.524 75.001
201803 57.884 249.554 77.460
201806 59.927 251.989 79.419
201809 61.323 252.439 81.124
201812 62.804 251.233 83.482
201903 64.927 254.202 85.296
201906 65.310 256.143 85.149
201909 68.391 256.759 88.952
201912 68.095 256.974 88.493
202003 65.355 258.115 84.557
202006 60.865 257.797 78.845
202009 62.486 260.280 80.173
202012 62.808 260.474 80.526
202103 67.195 264.877 84.718
202106 68.779 271.696 84.539
202109 68.860 274.310 83.832
202112 70.914 278.802 84.942
202203 72.571 287.504 84.295
202206 73.225 296.311 82.527
202209 76.286 296.808 85.833
202212 76.609 296.797 86.199
202303 78.433 301.836 86.778
202306 79.433 305.109 86.942
202309 80.795 307.789 87.663
202312 80.401 306.746 87.532
202403 81.151 312.332 86.768
202406 81.251 314.175 86.366
202409 80.350 315.301 85.103
202412 82.931 315.605 87.752
202503 83.542 319.799 87.239
202506 83.432 322.561 86.378
202509 85.357 324.800 87.762
202512 87.438 324.054 90.109
202603 91.119 330.213 92.151
202606 94.024 333.952 94.024

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 Lear (STU:LE6N) Overvalued in 2026?

Based on GuruFocus' analysis, Lear stock appears to be undervalued. The current stock price of €105.00 is trading 7% below its estimated GF Value™ of €112.87. GuruFocus considers Lear to be Fairly Valued.

Key valuation signals for STU:LE6N:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €112.87 vs. price of €105.00 (7% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the STU:LE6N 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.
82GF Score

Get the complete analysis for STU:LE6N

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

€105.00
Price
€112.87
GF Value