LG Electronics (STU:LGLG) Cyclically Adjusted PB Ratio: 1.18 (As of Jul. 30, 2026) — Near Median

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:LGLG LG Electronics Inc STU:LGLG
86 GF Score
Price €17.00
GF Value €12.24
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is LG Electronics Cyclically Adjusted PB Ratio?

LG Electronics STU:LGLG -1.73% 86 Cyclically Adjusted PB Ratio is 1.18 as of Jul. 30, 2026, which is 9% above its 10-year median of 1.08. GuruFocus rates STU:LGLG with a GF Score™ of 86/100 and a GF Value™ of €12.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,975 Hardware companies, LG Electronics ranks better than 57.06% on this metric.

As of today (2026-07-30), LG Electronics's current share price is €17.00. LG Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €14.36. LG Electronics's Cyclically Adjusted PB Ratio for today is 1.18.

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

STU:LGLG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.08   Max: 2.84
Current: 1.58

During the past years, LG Electronics's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 0.60. And the median was 1.08.

STU:LGLG's Cyclically Adjusted PB Ratio is ranked better than
57.06% of 1975 companies
in the Hardware industry
Industry Median: 2.01 vs STU:LGLG: 1.58

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.

LG Electronics's adjusted book value per share data for the three months ended in Mar. 2026 was €41.133. 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 €14.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Electronics  (STU:LGLG) 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.


LG Electronics Cyclically Adjusted PB Ratio Related Terms


LG Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LG Electronics'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.

LG Electronics Cyclically Adjusted PB Ratio Chart

LG Electronics 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 1.74 1.01 1.11 0.86 0.88

LG Electronics 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 0.78 0.73 0.74 0.88 0.99

STU:LGLG vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, LG Electronics'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.


LG Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, LG Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:LGLG
86GF Score
LG Electronics Inc STU:LGLG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LG Electronics 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.

LG Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.00/14.36
=1.18

* 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.

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

For example, LG Electronics'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)
=41.133/125.2360*125.2360
=41.133

Current CPI (Mar. 2026) = 125.2360.

LG Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.866 100.791 30.897
201609 25.100 101.461 30.982
201612 26.480 101.561 32.653
201703 28.013 102.851 34.110
201706 28.261 102.611 34.492
201709 27.644 103.491 33.453
201712 28.467 102.991 34.616
201803 29.248 104.101 35.186
201806 30.798 104.130 37.040
201809 30.574 105.651 36.242
201812 30.808 104.351 36.974
201903 32.099 104.491 38.472
201906 31.281 104.881 37.352
201909 32.211 105.200 38.346
201912 30.303 105.121 36.101
202003 31.186 105.354 37.071
202006 30.866 105.112 36.775
202009 31.153 106.198 36.738
202012 32.035 105.765 37.932
202103 33.992 107.357 39.653
202106 33.401 107.579 38.883
202109 34.835 108.759 40.112
202112 35.588 109.676 40.637
202203 38.736 111.848 43.373
202206 41.030 114.072 45.045
202209 42.763 114.715 46.685
202212 38.311 115.179 41.656
202303 39.185 116.507 42.121
202306 39.371 117.182 42.077
202309 39.894 118.964 41.997
202312 38.220 118.837 40.278
202403 39.146 120.123 40.812
202406 39.527 120.007 41.249
202409 38.246 120.861 39.630
202412 38.504 121.135 39.807
202503 38.572 122.590 39.405
202506 38.150 122.611 38.967
202509 38.260 123.402 38.829
202512 38.517 123.939 38.920
202603 41.133 125.236 41.133

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 1.18 mean?
LG Electronics (STU:LGLG) has a Cyclically Adjusted PB Ratio of 1.18 as of Jul. 30, 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 LG Electronics and its competitors. This is near median its historical median of 1.08. Over the past decade, LG Electronics' Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.84. According to the industry distribution chart, LG Electronics ranks #848 out of 1975 companies in the Hardware industry, placing it in the top 42.9%.
Is LG Electronics' Cyclically Adjusted PB Ratio too high?
LG Electronics' current Cyclically Adjusted PB Ratio of 1.18 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.84. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. LG Electronics' value of 1.18 is 41.3% below this industry median. Based on the distribution chart, LG Electronics ranks #848 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, LG Electronics has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LG Electronics' Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, LG Electronics ranks #848 out of 1975 companies for Cyclically Adjusted PB Ratio. This puts LG Electronics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.01. LG Electronics' value of 1.18 is 41.3% below this benchmark. Historically, LG Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.60 to 2.84 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.01, LG Electronics 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.01, based on 1,975 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. LG Electronics's current Cyclically Adjusted PB Ratio of 1.18 is 41.3% 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 LG Electronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LG Electronics's current Cyclically Adjusted PB Ratio is 1.18, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LG Electronics stock overvalued right now?
Based on GuruFocus' analysis, LG Electronics (STU:LGLG) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.24, compared to a current price of €17.00 — trading 38.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is near median its 10-year median of 1.08 and 41.3% below the Hardware industry median of 2.01. LG Electronics' overall GF Score™ is 86/100 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 LG Electronics (STU:LGLG), the current Cyclically Adjusted PB Ratio is 1.18 as of Jul. 30, 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 LG Electronics (STU:LGLG) Overvalued in 2026?

Based on GuruFocus' analysis, LG Electronics stock appears to be overvalued. The current stock price of €17.00 is trading 38.9% above its estimated GF Value™ of €12.24. GuruFocus considers LG Electronics to be Significantly Overvalued.

Key valuation signals for STU:LGLG:

  • Cyclically Adjusted PB Ratio: 1.18 (near median its 10-year median of 1.08)
  • GF Value™: €12.24 vs. price of €17.00 (38.9% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 41.3% below the Hardware median (#848 of 1975)

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


LG Electronics Business Description

Address 128 Yeoui-daero, LG Twin Towers, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Electronics Inc is a South Korea-based company that produces a broad range of electronic products. The group has six reportable segments: the Home Appliance & Air Solution segment, which includes refrigerators, washing machines, air conditioners and vacuum cleaners; the Home Entertainment segment, which covers TVs, audio devices and related products; the Vehicle Component Solutions segment, which provides automobile parts and modules; the Business Solutions segment, which offers monitors, PCs and information displays; the LG Innotek segment, which supplies camera modules, substrate materials and various motors and sensors; and the All Other segment, which includes equipment manufacturing and other ancillary operations.
86GF Score

Get the complete analysis for STU:LGLG

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

€17.00
Price
€12.24
GF Value