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Louisiana-Pacific (Louisiana-Pacific) Cyclically Adjusted PB Ratio : 6.42 (As of Jun. 07, 2024)


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What is Louisiana-Pacific Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Louisiana-Pacific's current share price is $91.78. Louisiana-Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.30. Louisiana-Pacific's Cyclically Adjusted PB Ratio for today is 6.42.

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

LPX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.63   Max: 7.45
Current: 6.5

During the past years, Louisiana-Pacific's highest Cyclically Adjusted PB Ratio was 7.45. The lowest was 0.92. And the median was 2.63.

LPX's Cyclically Adjusted PB Ratio is ranked worse than
93.14% of 1253 companies
in the Construction industry
Industry Median: 1.13 vs LPX: 6.50

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.

Louisiana-Pacific's adjusted book value per share data for the three months ended in Mar. 2024 was $22.472. 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 $14.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Louisiana-Pacific Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Louisiana-Pacific'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.

Louisiana-Pacific Cyclically Adjusted PB Ratio Chart

Louisiana-Pacific 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 3.10 3.89 7.33 4.77 5.14

Louisiana-Pacific 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 4.22 5.67 4.07 5.14 5.87

Competitive Comparison of Louisiana-Pacific's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


Louisiana-Pacific's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Louisiana-Pacific's Cyclically Adjusted PB Ratio falls into.



Louisiana-Pacific 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.

Louisiana-Pacific's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.78/14.3
=6.42

* 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.

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

For example, Louisiana-Pacific'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)
=22.472/131.7762*131.7762
=22.472

Current CPI (Mar. 2024) = 131.7762.

Louisiana-Pacific Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.612 100.560 11.285
201409 8.428 100.428 11.059
201412 7.845 99.070 10.435
201503 7.550 99.621 9.987
201506 7.406 100.684 9.693
201509 7.160 100.392 9.398
201512 7.113 99.792 9.393
201603 7.334 100.470 9.619
201606 7.530 101.688 9.758
201609 8.001 101.861 10.351
201612 8.285 101.863 10.718
201703 8.669 102.862 11.106
201706 9.312 103.349 11.873
201709 9.057 104.136 11.461
201712 11.073 104.011 14.029
201803 11.520 105.290 14.418
201806 12.268 106.317 15.206
201809 12.765 106.507 15.794
201812 12.424 105.998 15.445
201903 10.304 107.251 12.660
201906 10.337 108.070 12.605
201909 10.328 108.329 12.563
201912 8.853 108.420 10.760
202003 8.772 108.902 10.615
202006 8.908 108.767 10.792
202009 10.251 109.815 12.301
202012 11.615 109.897 13.927
202103 13.470 111.754 15.883
202106 14.788 114.631 17.000
202109 15.174 115.734 17.277
202112 14.421 117.630 16.155
202203 19.090 121.301 20.739
202206 19.236 125.017 20.276
202209 18.998 125.227 19.992
202212 19.987 125.222 21.033
202303 20.130 127.348 20.830
202306 19.666 128.729 20.132
202309 20.814 129.860 21.121
202312 21.578 129.419 21.971
202403 22.472 131.776 22.472

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.


Louisiana-Pacific  (NYSE:LPX) 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.


Louisiana-Pacific Cyclically Adjusted PB Ratio Related Terms

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


Louisiana-Pacific (Louisiana-Pacific) Business Description

Traded in Other Exchanges
Address
1610 West End Ave, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.
Executives
Michael W Blosser officer: SVP, Manufacturing Services 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Lizanne C Gottung director 1610 WEST END AVENUE, SUITE 200, NASHVILLE TN 37203
Derek Nelson Doyle officer: Principal Accounting Officer 1610 WEST END AVENUE, NASHVILLE TN 37203
Alan Haughie officer: EVP, CFO 860 RIDGE LAKE BLVD., MEMPHIS TN 38120
Jimmy Earl Mason officer: EVP & General Manager of OSB 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219-1711
Jose A Bayardo director 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Robin H Everhart officer: SVP, CHRO 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Nicole C Daniel officer: SVP, General Counsel 414 UNION STREET, NASHVILLE TN 37219
William Bradley Southern officer: Senior Vice President 1610 WEST END AVENUE, NASHVILLE TN 37203
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Michael Sims officer: SVP Sales and Marketing 414 UNION STREET, NASHVILLE TN 37219
Neil Sherman officer: SVP EWP 414 UNION STREET, NASHVILLE TN 37129
Jason Paul Ringbloom officer: EVP OSB 414 UNION STREET, NASHVILLE TN 37219
Kurt M Landgraf director ONE RIVERFRONT PLAZA, CORNING NY 14831
Gary Cook director C/O TRIMERIS, INC., 3500 PARAMOUNT PARKWAY, MORRISVILLE NC 27560