Lennox InternationalLII -1.20%90 PB Ratio is 16.17 as of Jun. 27, 2026, which is 70% below its 10-year median of 53.08. GuruFocus rates LII with a GF Score™ of 90/100 and a GF Value™ of $538.41 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,722 Construction companies, Lennox International ranks worse than 97.68% on this metric.
The historical rank and industry rank for Lennox International's PB Ratio or its related term are showing as below:
LII'
s PB Ratio Range Over the Past 10 Years
Min: 13.04 Med: 53.08 Max: 769.5
Current: 16.17
During the past 13 years, Lennox International's highest PB Ratio was 769.50. The lowest was 13.04. And the median was 53.08.
LII's PB Ratio is ranked worse than 97.68% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs LII: 16.17
During the past 12 months, Lennox International's average Book Value Per Share Growth Rate was 45.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lennox International was 85.40% per year. The lowest was -72.70% per year. And the median was -5.50% per year.
Back to Basics: PB Ratio
Lennox International (NYSE:LII) PB Ratio Explanation
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.
Lennox International PB Ratio Related Terms
Lennox International PB Ratio Historical Data
* Premium members only.
The historical data trend for Lennox International'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.
For the Building Products & Equipment subindustry, Lennox International'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.
Lennox International PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Lennox International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lennox International's PB Ratio falls into.
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.
* 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.
Lennox International (LII) has a PB Ratio of 16.17 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lennox International and its competitors. This is 70% below median its historical median of 53.08. Over the past decade, Lennox International's PB Ratio has ranged from 13.04 to 769.50. According to the industry distribution chart, Lennox International ranks #1682 out of 1722 companies in the Construction industry, placing it in the top 97.7%.
Is Lennox International's PB Ratio too high?
Lennox International's current PB Ratio of 16.17 is 70% below median its 10-year median of 53.08. Over the past 10 years, this metric has ranged from a low of 13.04 to a high of 769.50. The Construction industry median PB Ratio is 1.31. Lennox International's value of 16.17 is 1134.4% above this industry median. Based on the distribution chart, Lennox International ranks #1682 out of 1722 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lennox International has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lennox International's PB Ratio compare to MAS and CSL?
According to the Construction industry distribution chart, Lennox International ranks #1682 out of 1722 companies for PB Ratio. This places Lennox International in the lower half of its industry. The industry median PB Ratio is 1.31. Lennox International's value of 16.17 is 1134.4% above this benchmark. Historically, Lennox International's own PB Ratio has ranged from 13.04 to 769.50 over the past decade. While the company's 10-year median is 53.08 vs. the industry median of 1.31, Lennox International 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 Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,722 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. Lennox International's current PB Ratio of 16.17 is 1134.4% 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 Lennox International and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennox International's current PB Ratio is 16.17, which is 70% below median its own 10-year median of 53.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennox International stock overvalued right now?
Based on GuruFocus' analysis, Lennox International (LII) is currently considered Fairly Valued. The stock's GF Value™ is $538.41, compared to a current price of $563.87 — trading 4.7% above its estimated fair value. The current PB Ratio is 16.17, which is 70% below median its 10-year median of 53.08 and 1134.4% above the Construction industry median of 1.31. Lennox International's overall GF Score™ is 90/100 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 Lennox International (LII), the current PB Ratio is 16.17 as of Jun. 27, 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 Lennox International (LII) Overvalued in 2026?
Based on GuruFocus' analysis, Lennox International stock appears to be overvalued.
The current stock price of $563.87 is trading 4.7% above its estimated GF Value™ of $538.41.
GuruFocus considers Lennox International to be Fairly Valued.
Key valuation signals for LII:
PB Ratio: 16.17 (70% below median its 10-year median of 53.08)
GF Value™: $538.41 vs. price of $563.87 (4.7% above fair value)
Industry Position: 1134.4% above the Construction median (#1682 of 1722)
No single metric tells the full story. See the LII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lennox International manufacturers and distributes heating, ventilating, air conditioning, and refrigeration products for the North American replacement (75% of sales) and new construction (25% of sales) markets. Residential HVAC (home comfort solutions) accounts for 67% of sales and commercial HVAC (building climate solutions) accounts for the remaining 33% of sales. Lennox's commercial exposure is what its peers refer to as residential and light commercial, and lacks the scale and complexity of what is referred to as an applied solution. The company goes to market with multiple brands, but Lennox is its flagship HVAC brand.
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