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Legrand (XPAR:LR) Cyclically Adjusted PB Ratio : 4.98 (As of May. 21, 2025)


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What is Legrand Cyclically Adjusted PB Ratio?

As of today (2025-05-21), Legrand's current share price is €108.65. Legrand's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €21.83. Legrand's Cyclically Adjusted PB Ratio for today is 4.98.

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

XPAR:LR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.61   Med: 4.8   Max: 6.41
Current: 4.93

During the past years, Legrand's highest Cyclically Adjusted PB Ratio was 6.41. The lowest was 3.61. And the median was 4.80.

XPAR:LR's Cyclically Adjusted PB Ratio is ranked worse than
81.63% of 2090 companies
in the Industrial Products industry
Industry Median: 1.96 vs XPAR:LR: 4.93

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.

Legrand's adjusted book value per share data for the three months ended in Mar. 2025 was €28.860. 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 €21.83 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legrand Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Legrand Cyclically Adjusted PB Ratio Chart

Legrand Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 6.36 4.10 4.70 4.38

Legrand Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.79 4.43 4.90 4.38 4.45

Competitive Comparison of Legrand's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=108.65/21.83
=4.98

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Legrand's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=28.86/120.3800*120.3800
=28.860

Current CPI (Mar. 2025) = 120.3800.

Legrand Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.557 100.440 16.248
201509 13.500 99.950 16.259
201512 14.236 100.040 17.130
201603 14.404 100.020 17.336
201606 13.871 100.630 16.593
201609 14.342 100.340 17.206
201612 15.254 100.650 18.244
201703 15.874 101.170 18.888
201706 14.734 101.320 17.506
201709 14.854 101.330 17.647
201712 15.593 101.850 18.430
201803 15.801 102.750 18.512
201806 15.765 103.370 18.359
201809 16.335 103.560 18.988
201812 17.222 103.470 20.037
201903 18.322 103.890 21.230
201906 17.420 104.580 20.052
201909 18.821 104.500 21.681
201912 19.112 104.980 21.916
202003 19.505 104.590 22.450
202006 18.185 104.790 20.890
202009 18.209 104.550 20.966
202012 18.314 104.960 21.005
202103 19.882 105.750 22.633
202106 19.082 106.340 21.601
202109 20.283 106.810 22.860
202112 21.429 107.850 23.919
202203 22.943 110.490 24.997
202206 23.735 112.550 25.386
202209 25.945 112.740 27.703
202212 24.889 114.160 26.245
202303 25.299 116.790 26.077
202306 24.394 117.650 24.960
202309 25.715 118.260 26.176
202312 25.643 118.390 26.074
202403 26.865 119.470 27.070
202406 25.904 120.200 25.943
202409 26.065 119.560 26.244
202412 28.728 119.950 28.831
202503 28.860 120.380 28.860

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.


Legrand  (XPAR:LR) 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

Thank you for viewing the detailed overview of Legrand's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Legrand Business Description

Industry
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 nonresidential (40%) buildings. 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, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.

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