LCII (LCI Industries) PB Ratio: 1.65 (As of Jun. 25, 2026) — 42% Below Median


LCII LCI Industries Inc LCII
72 GF Score
Price $94.14
GF Value $122.56
Valuation Modestly Undervalued
! 4 Warning Signs
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What is LCI Industries PB Ratio?

LCI Industries LCII +2.04% 72 PB Ratio is 1.65 as of Jun. 25, 2026, which is 42% below its 10-year median of 2.83. GuruFocus rates LCII with a GF Score™ of 72/100 and a GF Value™ of $122.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,295 Vehicles & Parts companies, LCI Industries ranks worse than 55.44% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), LCI Industries's share price is $94.14. LCI Industries's Book Value per Share for the quarter that ended in Mar. 2026 was $57.12. Hence, LCI Industries's PB Ratio of today is 1.65.

Good Sign:

LCI Industries Inc stock PB Ratio (=1.62) is close to 1-year low of 1.51.

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

LCII' s PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.83   Max: 5.25
Current: 1.65

During the past 13 years, LCI Industries's highest PB Ratio was 5.25. The lowest was 1.43. And the median was 2.83.

LCII's PB Ratio is ranked worse than
55.44% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 1.39 vs LCII: 1.65

During the past 12 months, LCI Industries's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LCI Industries was 77.20% per year. The lowest was -28.10% per year. And the median was 11.90% per year.

Back to Basics: PB Ratio


LCI Industries  (NYSE:LCII) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


LCI Industries PB Ratio Related Terms


LCI Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for LCI Industries's 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.

LCI Industries PB Ratio Chart

LCI Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 1.69 2.35 1.90 2.16

LCI Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.61 1.63 1.66 2.16 2.15

LCII vs HOG, PATK, PII: PB Ratio Comparison

For the Recreational Vehicles subindustry, LCI Industries's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs Vehicles & Parts Industry

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

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


LCII
72GF Score
LCI Industries Inc LCII
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LCI Industries PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

LCI Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=94.14/57.122
=1.65

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.65 mean?
LCI Industries (LCII) has a PB Ratio of 1.65 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on LCI Industries and its competitors. This is 42% below median its historical median of 2.83. Over the past decade, LCI Industries' PB Ratio has ranged from 1.43 to 5.25. According to the industry distribution chart, LCI Industries ranks #718 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 55.4%.
Is LCI Industries' PB Ratio too high?
LCI Industries' current PB Ratio of 1.65 is 42% below median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 5.25. The Vehicles & Parts industry median PB Ratio is 1.39. LCI Industries' value of 1.65 is 18.7% above this industry median. Based on the distribution chart, LCI Industries ranks #718 out of 1295 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, LCI Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LCI Industries' PB Ratio compare to HOG and PATK?
According to the Vehicles & Parts industry distribution chart, LCI Industries ranks #718 out of 1295 companies for PB Ratio. This places LCI Industries in the lower half of its industry. The industry median PB Ratio is 1.39. LCI Industries' value of 1.65 is 18.7% above this benchmark. Historically, LCI Industries' own PB Ratio has ranged from 1.43 to 5.25 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 1.39, LCI Industries 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 PB Ratio for a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.39, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LCI Industries's current PB Ratio of 1.65 is 18.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on LCI Industries and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LCI Industries's current PB Ratio is 1.65, which is 42% below median its own 10-year median of 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LCI Industries stock overvalued right now?
Based on GuruFocus' analysis, LCI Industries (LCII) is currently considered Modestly Undervalued. The stock's GF Value™ is $122.56, compared to a current price of $94.14 — trading 23.2% below its estimated fair value. The current PB Ratio is 1.65, which is 42% below median its 10-year median of 2.83 and 18.7% above the Vehicles & Parts industry median of 1.39. LCI Industries' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For LCI Industries (LCII), the current PB Ratio is 1.65 as of Jun. 25, 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 LCI Industries (LCII) Overvalued in 2026?

Based on GuruFocus' analysis, LCI Industries stock appears to be undervalued. The current stock price of $94.14 is trading 23.2% below its estimated GF Value™ of $122.56. GuruFocus considers LCI Industries to be Modestly Undervalued.

Key valuation signals for LCII:

  • PB Ratio: 1.65 (42% below median its 10-year median of 2.83)
  • GF Value™: $122.56 vs. price of $94.14 (23.2% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 18.7% above the Vehicles & Parts median (#718 of 1295)

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


LCI Industries Business Description

Other Exchanges 0DI:Germany
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 and 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 to manufacturers of RVs such as Thor Industries, Forest River, Winnebago, and other RV OEMs, and to manufacturers in adjacent industries.
72GF Score

Get the complete analysis for LCII

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

$94.14
Price
$122.56
GF Value