Lectra (XPAR:LSS) Cyclically Adjusted PB Ratio: (As of Aug. 01, 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
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.

XPAR:LSS Lectra XPAR:LSS
88 GF Score
Price €20.50
GF Value €24.62
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Lectra Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lectra  (XPAR:LSS) 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.


Lectra Cyclically Adjusted PB Ratio Related Terms


Lectra Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lectra'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.

Lectra Cyclically Adjusted PB Ratio Chart

Lectra 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 8.91 5.93 4.51 3.46 3.17

Lectra 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 3.04 2.98 3.17 2.02 0.00

XPAR:LSS vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Lectra'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.


Lectra Cyclically Adjusted PB Ratio vs Software Industry

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

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


XPAR:LSS
88GF Score
Lectra XPAR:LSS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lectra 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.

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

For example, Lectra'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)
=8.736/123.8300*123.8300
=8.736

Current CPI (Jun. 2026) = 123.8300.

Lectra Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.948 100.340 4.872
201612 4.244 100.650 5.221
201703 4.451 101.170 5.448
201706 4.276 101.320 5.226
201709 4.503 101.330 5.503
201712 4.791 101.850 5.825
201803 4.957 102.750 5.974
201806 4.810 103.370 5.762
201809 5.078 103.560 6.072
201812 5.355 103.470 6.409
201903 5.559 103.890 6.626
201906 5.372 104.580 6.361
201909 5.457 104.500 6.466
201912 5.702 104.980 6.726
202003 5.815 104.590 6.885
202006 5.466 104.790 6.459
202009 5.672 104.550 6.718
202012 5.908 104.960 6.970
202103 6.130 105.750 7.178
202106 9.826 106.340 11.442
202109 10.047 106.810 11.648
202112 10.549 107.850 12.112
202203 10.973 110.490 12.298
202206 11.510 112.550 12.664
202209 12.511 112.740 13.742
202212 11.904 114.160 12.912
202303 10.884 116.790 11.540
202306 10.582 117.650 11.138
202309 11.053 118.260 11.574
202312 10.841 118.390 11.339
202403 8.344 119.470 8.649
202406 8.169 120.200 8.416
202409 8.150 119.560 8.441
202412 9.314 119.950 9.615
202503 9.162 120.380 9.425
202506 8.626 121.360 8.802
202509 8.737 120.950 8.945
202512 9.069 120.900 9.289
202603 9.240 122.420 9.346
202606 8.736 123.830 8.736

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 Lectra (XPAR:LSS) Overvalued in 2026?

Based on GuruFocus' analysis, Lectra stock appears to be undervalued. The current stock price of €20.50 is trading 16.7% below its estimated GF Value™ of €24.62. GuruFocus considers Lectra to be Modestly Undervalued.

Key valuation signals for XPAR:LSS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €24.62 vs. price of €20.50 (16.7% below fair value)
  • GF Score™: 88/100 with 7 warning signs

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


Lectra Business Description

Other Exchanges LSSp:UK0IVJ:UKLET:Germany
Address 16-18, Rue Chalgrin, Paris, FRA, 75016
Lectra is engaged in the design and development of software, CAD/CAM equipment, and associated services designed for industries using fabrics, leather, technical textiles, and composite materials to manufacture products. The company serves fashion and apparel, automotive, and furniture markets, as well as other industries, such as aeronautical, marine and wind power industries. It operates in EMEA, the Americas, the Asia-Pacific, and internationally of which the majority of its revenue is derived from the Europe region.
88GF Score

Get the complete analysis for XPAR:LSS

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

€20.50
Price
€24.62
GF Value