Lvmh Moet Hennessy Louis Vuitton SE (WBO:MC) 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
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.

WBO:MC Lvmh Moet Hennessy Louis Vuitton SE WBO:MC
81 GF Score
Price €409.20
GF Value €597.60
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lvmh Moet Hennessy Louis Vuitton SE  (WBO:MC) 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.


Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio Related Terms


Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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.

Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio Chart

Lvmh Moet Hennessy Louis Vuitton SE 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 10.93 9.13 8.69 6.69 6.19

Lvmh Moet Hennessy Louis Vuitton SE Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 8.11 6.91 4.65 6.38 4.58

WBO:MC vs TPR, SIG: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Lvmh Moet Hennessy Louis Vuitton SE'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.


Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio falls into.


WBO:MC
81GF Score
Lvmh Moet Hennessy Louis Vuitton SE WBO:MC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lvmh Moet Hennessy Louis Vuitton SE 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.

Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Lvmh Moet Hennessy Louis Vuitton SE's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=138.901/120.8900*120.8900
=138.901

Current CPI (Dec25) = 120.8900.

Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Book Value per Share CPI Adj_Book
201612 55.580 100.650 66.757
201712 60.420 101.850 71.715
201812 67.523 103.470 78.891
201912 76.174 104.980 87.718
202012 77.058 104.960 88.753
202112 97.198 107.850 108.950
202212 112.965 114.160 119.625
202312 125.524 118.390 128.175
202412 138.748 119.950 139.835
202512 138.901 120.890 138.901

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 Lvmh Moet Hennessy Louis Vuitton SE (WBO:MC) Overvalued in 2026?

Based on GuruFocus' analysis, Lvmh Moet Hennessy Louis Vuitton SE stock appears to be undervalued. The current stock price of €409.20 is trading 31.5% below its estimated GF Value™ of €597.60. GuruFocus considers Lvmh Moet Hennessy Louis Vuitton SE to be Significantly Undervalued.

Key valuation signals for WBO:MC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €597.60 vs. price of €409.20 (31.5% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Lvmh Moet Hennessy Louis Vuitton SE Business Description

Address 22, Avenue Montaigne, Paris, FRA, 75008
LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and most profitable; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other. Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates over 5,000 stores around the globe.
81GF Score

Get the complete analysis for WBO:MC

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

€409.20
Price
€597.60
GF Value