Lentex (WAR:LTX) Cyclically Adjusted PB Ratio: 0.76 (As of Aug. 06, 2026) — 22% Below Median

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WAR:LTX Lentex SA WAR:LTX
77 GF Score
Price zł7.04
GF Value zł6.68
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Lentex Cyclically Adjusted PB Ratio?

Lentex WAR:LTX +1.73% 77 Cyclically Adjusted PB Ratio is 0.76 as of Aug. 06, 2026, which is 22% below its 10-year median of 0.97. GuruFocus rates WAR:LTX with a GF Score™ of 77/100 and a GF Value™ of zł6.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,346 Construction companies, Lentex ranks better than 65.38% on this metric.

As of today (2026-08-06), Lentex's current share price is zł7.04. Lentex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł9.23. Lentex's Cyclically Adjusted PB Ratio for today is 0.76.

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

WAR:LTX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.97   Max: 1.78
Current: 0.76

During the past years, Lentex's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.69. And the median was 0.97.

WAR:LTX's Cyclically Adjusted PB Ratio is ranked better than
65.38% of 1346 companies
in the Construction industry
Industry Median: 1.14 vs WAR:LTX: 0.76

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.

Lentex's adjusted book value per share data for the three months ended in Mar. 2026 was zł7.500. 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 zł9.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lentex  (WAR:LTX) 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.


Lentex Cyclically Adjusted PB Ratio Related Terms


Lentex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lentex'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.

Lentex Cyclically Adjusted PB Ratio Chart

Lentex 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 1.33 0.94 0.87 0.79 0.75

Lentex 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 0.76 0.81 0.84 0.75 0.81

WAR:LTX vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Lentex'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.


Lentex Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Lentex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:LTX
77GF Score
Lentex SA WAR:LTX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lentex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.04/9.23
=0.76

* 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.

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

For example, Lentex'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)
=7.5/163.0700*163.0700
=7.500

Current CPI (Mar. 2026) = 163.0700.

Lentex Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.684 99.552 10.949
201609 7.298 99.064 12.013
201612 7.059 100.366 11.469
201703 7.256 101.018 11.713
201706 6.565 101.180 10.581
201709 6.855 101.343 11.030
201712 6.916 102.564 10.996
201803 7.052 102.564 11.212
201806 6.709 103.378 10.583
201809 6.878 103.378 10.849
201812 6.967 103.785 10.947
201903 7.129 104.274 11.149
201906 0.000 105.983 0.000
201909 7.244 105.983 11.146
201912 6.574 107.123 10.007
202003 6.792 109.076 10.154
202006 6.157 109.402 9.177
202009 6.146 109.320 9.168
202012 6.364 109.565 9.472
202103 6.628 112.658 9.594
202106 6.514 113.960 9.321
202109 6.775 115.588 9.558
202112 6.517 119.088 8.924
202203 6.196 125.031 8.081
202206 6.308 131.705 7.810
202209 6.403 135.531 7.704
202212 6.725 139.113 7.883
202303 6.539 145.950 7.306
202306 6.751 147.009 7.489
202309 6.894 146.113 7.694
202312 6.879 147.741 7.593
202403 7.095 149.044 7.763
202406 7.078 150.997 7.644
202409 7.176 153.439 7.626
202412 7.203 154.660 7.595
202503 7.284 157.021 7.565
202506 7.235 157.509 7.490
202509 7.391 158.000 7.628
202512 7.424 158.320 7.647
202603 7.500 163.070 7.500

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 0.76 mean?
Lentex (WAR:LTX) has a Cyclically Adjusted PB Ratio of 0.76 as of Aug. 06, 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 Lentex and its competitors. This is 22% below median its historical median of 0.97. Over the past decade, Lentex's Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.78. According to the industry distribution chart, Lentex ranks #466 out of 1346 companies in the Construction industry, placing it in the top 34.6%.
Is Lentex's Cyclically Adjusted PB Ratio too high?
Lentex's current Cyclically Adjusted PB Ratio of 0.76 is 22% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.78. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Lentex's value of 0.76 is 33.3% below this industry median. Based on the distribution chart, Lentex ranks #466 out of 1346 companies in the Construction industry, which is above the industry midpoint. Overall, Lentex has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lentex's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Lentex ranks #466 out of 1346 companies for Cyclically Adjusted PB Ratio. This puts Lentex in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Lentex's value of 0.76 is 33.3% below this benchmark. Historically, Lentex's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.78 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.14, Lentex 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,346 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. Lentex's current Cyclically Adjusted PB Ratio of 0.76 is 33.3% 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 Lentex and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lentex's current Cyclically Adjusted PB Ratio is 0.76, which is 22% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lentex stock overvalued right now?
Based on GuruFocus' analysis, Lentex (WAR:LTX) is currently considered Fairly Valued. The stock's GF Value™ is zł6.68, compared to a current price of zł7.04 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 22% below median its 10-year median of 0.97 and 33.3% below the Construction industry median of 1.14. Lentex's overall GF Score™ is 77/100 with 2 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 Lentex (WAR:LTX), the current Cyclically Adjusted PB Ratio is 0.76 as of Aug. 06, 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 Lentex (WAR:LTX) Overvalued in 2026?

Based on GuruFocus' analysis, Lentex stock appears to be overvalued. The current stock price of zł7.04 is trading 5.4% above its estimated GF Value™ of zł6.68. GuruFocus considers Lentex to be Fairly Valued.

Key valuation signals for WAR:LTX:

  • Cyclically Adjusted PB Ratio: 0.76 (22% below median its 10-year median of 0.97)
  • GF Value™: zł6.68 vs. price of zł7.04 (5.4% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 33.3% below the Construction median (#466 of 1346)

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


Lentex Business Description

Address Ul Powstancow Slaskich 54, Lubliniec, POL, 42-700
Lentex SA is a Poland based producer and seller of PVC floor coverings designed for residential and commercial areas and sports facilities. It manufactures nonwoven fabrics for several applications such as sanitary, technical, automotive, construction, furniture, clothing, filtration and many other, depending on clients' needs.
77GF Score

Get the complete analysis for WAR:LTX

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

zł7.04
Price
zł6.68
GF Value