Legrand (STU:LRC) Cyclically Adjusted PB Ratio: (As of Jul. 29, 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:LRC Legrand SA STU:LRC
95 GF Score
Price €129.60
GF Value €121.14
Valuation Fairly Valued
! 1 Warning Sign
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What is Legrand Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Legrand  (STU:LRC) 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 0.00

STU:LRC 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.


STU:LRC
95GF Score
Legrand SA STU:LRC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 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)
=27.719/123.8300*123.8300
=27.719

Current CPI (Jun. 2026) = 123.8300.

Legrand Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.342 100.340 17.700
201612 15.254 100.650 18.767
201703 15.874 101.170 19.429
201706 14.734 101.320 18.007
201709 14.854 101.330 18.152
201712 15.593 101.850 18.958
201803 15.801 102.750 19.043
201806 15.765 103.370 18.885
201809 16.335 103.560 19.532
201812 17.222 103.470 20.611
201903 18.322 103.890 21.839
201906 17.420 104.580 20.626
201909 18.821 104.500 22.302
201912 19.112 104.980 22.544
202003 19.505 104.590 23.093
202006 18.185 104.790 21.489
202009 18.209 104.550 21.567
202012 18.314 104.960 21.607
202103 19.882 105.750 23.281
202106 19.082 106.340 22.220
202109 20.283 106.810 23.515
202112 21.429 107.850 24.604
202203 22.943 110.490 25.713
202206 23.735 112.550 26.114
202209 25.945 112.740 28.497
202212 24.889 114.160 26.997
202303 25.299 116.790 26.824
202306 24.394 117.650 25.675
202309 25.715 118.260 26.926
202312 25.643 118.390 26.821
202403 26.865 119.470 27.845
202406 25.904 120.200 26.686
202409 26.065 119.560 26.996
202412 28.728 119.950 29.657
202503 28.860 120.380 29.687
202506 26.685 121.360 27.228
202509 27.354 120.950 28.005
202512 27.880 120.900 28.556
202603 29.600 122.420 29.941
202606 27.719 123.830 27.719

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 Legrand (STU:LRC) Overvalued in 2026?

Based on GuruFocus' analysis, Legrand stock appears to be overvalued. The current stock price of €129.60 is trading 7% above its estimated GF Value™ of €121.14. GuruFocus considers Legrand to be Fairly Valued.

Key valuation signals for STU:LRC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €121.14 vs. price of €129.60 (7% above fair value)
  • GF Score™: 95/100 with 1 warning sign

No single metric tells the full story. See the STU:LRC 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.
95GF Score

Get the complete analysis for STU:LRC

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

€129.60
Price
€121.14
GF Value