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LCI Industries (FRA:0DI) Cyclically Adjusted PB Ratio : 3.16 (As of May. 15, 2024)


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What is LCI Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-15), LCI Industries's current share price is €105.00. LCI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €33.21. LCI Industries's Cyclically Adjusted PB Ratio for today is 3.16.

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

FRA:0DI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 4.64   Max: 8.19
Current: 3.05

During the past years, LCI Industries's highest Cyclically Adjusted PB Ratio was 8.19. The lowest was 2.77. And the median was 4.64.

FRA:0DI's Cyclically Adjusted PB Ratio is ranked worse than
78.28% of 921 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs FRA:0DI: 3.05

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.

LCI Industries's adjusted book value per share data for the three months ended in Mar. 2024 was €49.054. 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 €33.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LCI Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LCI Industries'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.

LCI Industries Cyclically Adjusted PB Ratio Chart

LCI Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 5.80 5.87 2.89 3.43

LCI Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.29 3.64 3.28 3.43 3.28

Competitive Comparison of LCI Industries's Cyclically Adjusted PB Ratio

For the Recreational Vehicles subindustry, LCI Industries'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.


LCI Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LCI Industries 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.

LCI Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.00/33.21
=3.16

* 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.

LCI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, LCI Industries's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=49.054/129.4194*129.4194
=49.054

Current CPI (Mar. 2024) = 129.4194.

LCI Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.182 100.560 14.391
201409 12.384 100.428 15.959
201412 13.428 99.070 17.542
201503 14.167 99.621 18.405
201506 14.617 100.684 18.789
201509 15.413 100.392 19.870
201512 16.531 99.792 21.439
201603 17.128 100.470 22.063
201606 18.209 101.688 23.175
201609 19.227 101.861 24.429
201612 21.077 101.863 26.779
201703 21.942 102.862 27.607
201706 22.129 103.349 27.711
201709 21.767 104.136 27.052
201712 22.072 104.011 27.464
201803 21.833 105.290 26.837
201806 24.210 106.317 29.471
201809 25.000 106.507 30.378
201812 24.971 105.998 30.489
201903 25.549 107.251 30.830
201906 26.624 108.070 31.884
201909 28.203 108.329 33.694
201912 28.771 108.420 34.343
202003 29.087 108.902 34.567
202006 28.834 108.767 34.309
202009 29.552 109.815 34.828
202012 29.681 109.897 34.954
202103 31.919 111.754 36.964
202106 32.392 114.631 36.571
202109 34.680 115.734 38.781
202112 38.270 117.630 42.106
202203 44.995 121.301 48.006
202206 51.870 125.017 53.697
202209 56.539 125.227 58.432
202212 51.778 125.222 53.514
202303 50.193 127.348 51.010
202306 49.966 128.729 50.234
202309 50.770 129.860 50.598
202312 49.063 129.419 49.063
202403 49.054 129.419 49.054

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.


LCI Industries  (FRA:0DI) 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.


LCI Industries Cyclically Adjusted PB Ratio Related Terms

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


LCI Industries (FRA:0DI) Business Description

Traded in Other Exchanges
Address
3501 County Road 6 East, Elkhart, IN, USA, 46514
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.

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