GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lennox International Inc (NYSE:LII) » Definitions » Cyclically Adjusted PB Ratio

LII (Lennox International) Cyclically Adjusted PB Ratio : (As of Jun. 28, 2025)


View and export this data going back to 1999. Start your Free Trial

What is Lennox International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lennox International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lennox International'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.

Lennox International Cyclically Adjusted PB Ratio Chart

Lennox International 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 89.80 244.21 - - -

Lennox International 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 - - - - -

Competitive Comparison of Lennox International's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Lennox International'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.


Lennox International's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


;
;

Lennox International 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.

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

For example, Lennox International'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)
=24.019/134.9266*134.9266
=24.019

Current CPI (Mar. 2025) = 134.9266.

Lennox International Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.237 100.684 1.658
201509 2.153 100.392 2.894
201512 2.265 99.792 3.062
201603 -1.693 100.470 -2.274
201606 0.710 101.688 0.942
201609 0.553 101.861 0.733
201612 0.875 101.863 1.159
201703 -0.033 102.862 -0.043
201706 0.242 103.349 0.316
201709 0.769 104.136 0.996
201712 1.198 104.011 1.554
201803 -2.483 105.290 -3.182
201806 -4.477 106.317 -5.682
201809 -2.155 106.507 -2.730
201812 -3.753 105.998 -4.777
201903 -5.177 107.251 -6.513
201906 -5.573 108.070 -6.958
201909 -7.197 108.329 -8.964
201912 -4.410 108.420 -5.488
202003 -8.321 108.902 -10.310
202006 -5.984 108.767 -7.423
202009 -3.022 109.815 -3.713
202012 -0.446 109.897 -0.548
202103 -4.254 111.754 -5.136
202106 -5.739 114.631 -6.755
202109 -9.150 115.734 -10.667
202112 -7.343 117.630 -8.423
202203 -11.381 121.301 -12.659
202206 -11.328 125.017 -12.226
202209 -8.613 125.227 -9.280
202212 -5.726 125.222 -6.170
202303 -3.547 127.348 -3.758
202306 1.763 128.729 1.848
202309 4.488 129.860 4.663
202312 8.018 129.419 8.359
202403 10.353 131.776 10.601
202406 16.205 132.554 16.495
202409 21.161 133.029 21.463
202412 23.885 133.157 24.202
202503 24.019 134.927 24.019

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.


Lennox International  (NYSE:LII) 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.


Lennox International Cyclically Adjusted PB Ratio Related Terms

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


Lennox International Business Description

Traded in Other Exchanges
Address
2140 Lake Park Boulevard, Richardson, TX, USA, 75080
Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2024, residential HVAC was 67% of sales and commercial HVAC and Heatcraft refrigeration was 33% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company is focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.
Executives
Chris Kosel officer: VP-Corp Controller and CAO 2140 LAKE PARK BLVD., RICHARDSON TX 75080
John D Torres officer: EVP, Chief Legal Officer 2140 LAKE PARK BLVD., RICHARDSON TX 75080
Sherry Buck director PO BOX 10060, TOLEDO OH 436990060
Todd J Teske director
Joseph Nassab officer: EVP, President/COO Commercial 2140 LAKE PARK BLVD, RICHARDSON TX 75080
Prakash Bedapudi officer: EVP, Chief Technology Officer 2140 LAKE PARK BLVD, RICHARDSON TX 75080
Shane D Wall director 2140 LAKE PARK BLVD., RICHARDSON TX 75080
Karen H Quintos director ONE DELL WAY, ROUND ROCK TX 78682
Norris John W Iii director C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 76080-2254
Gary S Bedard officer: President and COO, WWR 2140 LAKE PARK BLVD, RICHARDSON TX 75080
Daniel M Sessa officer: EVP, Chief HR Officer 2140 LAKE PARK BLVD., RICHARDSON TX 75080
Joseph William Reitmeier officer: EVP & Chief Financial Officer 2140 LAKE PARK BLVD., RICHARDSON TX 75080
Elliot S Zimmer officer: EVP, President/COO Commercial 2140 LAKE PARK BLVD., RICHARDSON TX 75080
Alok Maskara officer: CEO 2140 LAKE PARK BLVD, RICHARDSON TX 75080
Todd M Bluedorn director, officer: Chairman and CEO 2140 LAKE PARK BLVD., RICHARDSON TX 75080