Lapidoth Capital (XTAE:LAPD) Cyclically Adjusted PB Ratio: 3.20 (As of Sep. 03, 2026) — 10% Below Median

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XTAE:LAPD Lapidoth Capital Ltd XTAE:LAPD
90 GF Score
Price ₪80.72
GF Value ₪75.94
Valuation Fairly Valued
! 8 Warning Signs
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What is Lapidoth Capital Cyclically Adjusted PB Ratio?

Lapidoth Capital XTAE:LAPD -1.68% 90 Cyclically Adjusted PB Ratio is 3.20 as of Sep. 03, 2026, which is 10% below its 10-year median of 3.54. GuruFocus rates XTAE:LAPD with a GF Score™ of 90/100 and a GF Value™ of ₪75.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,237 Construction companies, Lapidoth Capital ranks worse than 81.81% on this metric.

As of today (2026-09-03), Lapidoth Capital's current share price is ₪80.72. Lapidoth Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₪25.21. Lapidoth Capital's Cyclically Adjusted PB Ratio for today is 3.20.

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

XTAE:LAPD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.83   Med: 3.54   Max: 4.61
Current: 3.18

During the past years, Lapidoth Capital's highest Cyclically Adjusted PB Ratio was 4.61. The lowest was 2.83. And the median was 3.54.

XTAE:LAPD's Cyclically Adjusted PB Ratio is ranked worse than
81.81% of 1237 companies
in the Construction industry
Industry Median: 1.16 vs XTAE:LAPD: 3.18

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.

Lapidoth Capital's adjusted book value per share data for the three months ended in Jun. 2026 was ₪44.578. 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 ₪25.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lapidoth Capital  (XTAE:LAPD) 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.


Lapidoth Capital Cyclically Adjusted PB Ratio Related Terms


Lapidoth Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lapidoth Capital'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.

Lapidoth Capital Cyclically Adjusted PB Ratio Chart

Lapidoth Capital 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 0.00 0.00 0.00 3.42 3.79

Lapidoth Capital 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 3.85 3.67 4.24 3.70 2.99

XTAE:LAPD vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Lapidoth Capital'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.


Lapidoth Capital Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XTAE:LAPD
90GF Score
Lapidoth Capital Ltd XTAE:LAPD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lapidoth Capital 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.

Lapidoth Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.72/25.21
=3.20

* 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.

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

For example, Lapidoth Capital'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)
=44.578/333.9520*333.9520
=44.578

Current CPI (Jun. 2026) = 333.9520.

Lapidoth Capital Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.477 241.428 10.342
201612 7.412 241.432 10.252
201703 7.212 243.801 9.879
201706 7.390 244.955 10.075
201709 7.649 246.819 10.349
201712 7.845 246.524 10.627
201803 8.087 249.554 10.822
201806 8.330 251.989 11.039
201809 9.071 252.439 12.000
201812 9.287 251.233 12.345
201903 8.879 254.202 11.665
201906 8.853 256.143 11.542
201909 8.881 256.759 11.551
201912 9.907 256.974 12.875
202003 13.224 258.115 17.109
202006 13.544 257.797 17.545
202009 13.629 260.280 17.487
202012 15.561 260.474 19.951
202103 20.717 264.877 26.120
202106 21.429 271.696 26.339
202109 21.519 274.310 26.198
202112 24.425 278.802 29.257
202203 24.791 287.504 28.796
202206 26.045 296.311 29.354
202209 28.438 296.808 31.997
202212 29.218 296.797 32.876
202303 30.025 301.836 33.220
202306 30.926 305.109 33.850
202309 31.596 307.789 34.282
202312 32.480 306.746 35.361
202403 35.092 312.332 37.521
202406 35.758 314.175 38.009
202409 36.383 315.301 38.535
202412 37.926 315.605 40.131
202503 38.986 319.799 40.711
202506 40.492 322.561 41.922
202509 41.120 324.800 42.279
202512 43.389 324.054 44.714
202603 44.417 330.213 44.920
202606 44.578 333.952 44.578

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 3.20 mean?
Lapidoth Capital (XTAE:LAPD) has a Cyclically Adjusted PB Ratio of 3.20 as of Sep. 03, 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 Lapidoth Capital and its competitors. This is 10% below median its historical median of 3.54. Over the past decade, Lapidoth Capital's Cyclically Adjusted PB Ratio has ranged from 2.83 to 4.61. According to the industry distribution chart, Lapidoth Capital ranks #1012 out of 1237 companies in the Construction industry, placing it in the top 81.8%.
Is Lapidoth Capital's Cyclically Adjusted PB Ratio too high?
Lapidoth Capital's current Cyclically Adjusted PB Ratio of 3.20 is 10% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 4.61. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Lapidoth Capital's value of 3.20 is 175.9% above this industry median. Based on the distribution chart, Lapidoth Capital ranks #1012 out of 1237 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lapidoth Capital has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lapidoth Capital's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Lapidoth Capital ranks #1012 out of 1237 companies for Cyclically Adjusted PB Ratio. This places Lapidoth Capital in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Lapidoth Capital's value of 3.20 is 175.9% above this benchmark. Historically, Lapidoth Capital's own Cyclically Adjusted PB Ratio has ranged from 2.83 to 4.61 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 1.16, Lapidoth Capital has consistently been above 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 1.16, based on 1,237 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. Lapidoth Capital's current Cyclically Adjusted PB Ratio of 3.20 is 175.9% above 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 Lapidoth Capital and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lapidoth Capital's current Cyclically Adjusted PB Ratio is 3.20, which is 10% below median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lapidoth Capital stock overvalued right now?
Based on GuruFocus' analysis, Lapidoth Capital (XTAE:LAPD) is currently considered Fairly Valued. The stock's GF Value™ is ₪75.94, compared to a current price of ₪80.72 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.20, which is 10% below median its 10-year median of 3.54 and 175.9% above the Construction industry median of 1.16. Lapidoth Capital's overall GF Score™ is 90/100 with 8 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 Lapidoth Capital (XTAE:LAPD), the current Cyclically Adjusted PB Ratio is 3.20 as of Sep. 03, 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 Lapidoth Capital (XTAE:LAPD) Overvalued in 2026?

Based on GuruFocus' analysis, Lapidoth Capital stock appears to be overvalued. The current stock price of ₪80.72 is trading 6.3% above its estimated GF Value™ of ₪75.94. GuruFocus considers Lapidoth Capital to be Fairly Valued.

Key valuation signals for XTAE:LAPD:

  • Cyclically Adjusted PB Ratio: 3.20 (10% below median its 10-year median of 3.54)
  • GF Value™: ₪75.94 vs. price of ₪80.72 (6.3% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 175.9% above the Construction median (#1012 of 1237)

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


Lapidoth Capital Business Description

Address 19 Brodetsky Street, P.O.B. 17106, Tel Aviv, ISR, 69051
Lapidoth Capital Ltd through its subsidiaries is engaged in various fields, including contracting and entrepreneurial activity in Israel and abroad in the fields of construction and infrastructure, import and marketing of mobile phones and related accessories, international trade, investments in securities, oil and gas exploration and production, and water drilling. . The company generates majority of its revenue from construction and infrastructure contracting through its subsidiary Danya Cebus which has taken part in dozens of public construction, offices, commerce and industry projects for public entities and private entrepreneurs. It also includes infrastructure projects, including paving roads, building railway infrastructure, bridges, and related infrastructure development.
90GF Score

Get the complete analysis for XTAE:LAPD

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

₪80.72
Price
₪75.94
GF Value