LivePerson (FRA:LVO0) Cyclically Adjusted PB Ratio: 0.08 (As of Aug. 11, 2026) — 98% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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FRA:LVO0 LivePerson Inc FRA:LVO0
28 GF Score
Price €2.06
GF Value €4.03
Valuation Possible Value Trap
! 5 Warning Signs
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What is LivePerson Cyclically Adjusted PB Ratio?

LivePerson FRA:LVO0 +10.16% 28 Cyclically Adjusted PB Ratio is 0.08 as of Aug. 11, 2026, which is 98% below its 10-year median of 4.43. GuruFocus rates FRA:LVO0 with a GF Score™ of 28/100 and a GF Value™ of €4.03 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,558 Software companies, LivePerson ranks better than 96.85% on this metric.

As of today (2026-08-11), LivePerson's current share price is €2.06. LivePerson's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €27.01. LivePerson's Cyclically Adjusted PB Ratio for today is 0.08.

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

FRA:LVO0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 4.43   Max: 24.71
Current: 0.08

During the past years, LivePerson's highest Cyclically Adjusted PB Ratio was 24.71. The lowest was 0.06. And the median was 4.43.

FRA:LVO0's Cyclically Adjusted PB Ratio is ranked better than
96.85% of 1558 companies
in the Software industry
Industry Median: 2.31 vs FRA:LVO0: 0.08

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.

LivePerson's adjusted book value per share data for the three months ended in Jun. 2026 was €-8.655. 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 €27.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LivePerson  (FRA:LVO0) 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.


LivePerson Cyclically Adjusted PB Ratio Related Terms


LivePerson Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LivePerson'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.

LivePerson Cyclically Adjusted PB Ratio Chart

LivePerson Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.08 3.15 1.25 0.56 0.11

LivePerson Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 0.24 0.11 0.07 0.06

FRA:LVO0 vs AMOD, BMR, SFCX: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, LivePerson'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.


LivePerson Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, LivePerson's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:LVO0
28GF Score
LivePerson Inc FRA:LVO0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LivePerson 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.

LivePerson's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.06/27.01
=0.08

* 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.

LivePerson's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, LivePerson's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-8.655/333.9520*333.9520
=-8.655

Current CPI (Jun. 2026) = 333.9520.

LivePerson Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.938 241.428 48.328
201612 33.790 241.432 46.739
201703 33.033 243.801 45.248
201706 30.650 244.955 41.786
201709 29.716 246.819 40.206
201712 29.752 246.524 40.303
201803 29.361 249.554 39.291
201806 32.908 251.989 43.612
201809 33.950 252.439 44.913
201812 35.352 251.233 46.992
201903 39.146 254.202 51.427
201906 35.992 256.143 46.925
201909 35.069 256.759 45.612
201912 31.410 256.974 40.819
202003 30.434 258.115 39.376
202006 28.917 257.797 37.459
202009 23.599 260.280 30.279
202012 44.519 260.474 57.078
202103 47.730 264.877 60.177
202106 47.014 271.696 57.787
202109 47.728 274.310 58.105
202112 64.213 278.802 76.915
202203 33.055 287.504 38.395
202206 22.902 296.311 25.811
202209 18.034 296.808 20.291
202212 12.756 296.797 14.353
202303 11.966 301.836 13.239
202306 16.094 305.109 17.615
202309 8.080 307.789 8.767
202312 7.538 306.746 8.207
202403 2.996 312.332 3.203
202406 10.431 314.175 11.088
202409 6.869 315.301 7.275
202412 -10.575 315.605 -11.190
202503 -11.133 319.799 -11.626
202506 -11.093 322.561 -11.485
202509 -1.823 324.800 -1.874
202512 -3.156 324.054 -3.252
202603 -3.681 330.213 -3.723
202606 -8.655 333.952 -8.655

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.

What does a Cyclically Adjusted PB Ratio of 0.08 mean?
LivePerson (FRA:LVO0) has a Cyclically Adjusted PB Ratio of 0.08 as of Aug. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on LivePerson and its competitors. This is 98% below median its historical median of 4.43. Over the past decade, LivePerson's Cyclically Adjusted PB Ratio has ranged from 0.06 to 24.71. According to the industry distribution chart, LivePerson ranks #49 out of 1558 companies in the Software industry, placing it in the top 3.1%.
Is LivePerson's Cyclically Adjusted PB Ratio too high?
LivePerson's current Cyclically Adjusted PB Ratio of 0.08 is 98% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 24.71. The Software industry median Cyclically Adjusted PB Ratio is 2.31. LivePerson's value of 0.08 is 96.5% below this industry median. Based on the distribution chart, LivePerson ranks #49 out of 1558 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, LivePerson has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does LivePerson's Cyclically Adjusted PB Ratio compare to AMOD and BMR?
According to the Software industry distribution chart, LivePerson ranks #49 out of 1558 companies for Cyclically Adjusted PB Ratio. This places LivePerson in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. LivePerson's value of 0.08 is 96.5% below this benchmark. Historically, LivePerson's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 24.71 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 2.31, LivePerson has consistently been below 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 Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,558 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LivePerson's current Cyclically Adjusted PB Ratio of 0.08 is 96.5% below 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on LivePerson and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LivePerson's current Cyclically Adjusted PB Ratio is 0.08, which is 98% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LivePerson stock overvalued right now?
Based on GuruFocus' analysis, LivePerson (FRA:LVO0) is currently considered Possible Value Trap. The stock's GF Value™ is €4.03, compared to a current price of €2.06 — trading 48.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 98% below median its 10-year median of 4.43 and 96.5% below the Software industry median of 2.31. LivePerson's overall GF Score™ is 28/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For LivePerson (FRA:LVO0), the current Cyclically Adjusted PB Ratio is 0.08 as of Aug. 11, 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 LivePerson (FRA:LVO0) Overvalued in 2026?

Based on GuruFocus' analysis, LivePerson stock appears to be undervalued. The current stock price of €2.06 is trading 48.9% below its estimated GF Value™ of €4.03. GuruFocus considers LivePerson to be Possible Value Trap.

Key valuation signals for FRA:LVO0:

  • Cyclically Adjusted PB Ratio: 0.08 (98% below median its 10-year median of 4.43)
  • GF Value™: €4.03 vs. price of €2.06 (48.9% below fair value)
  • GF Score™: 28/100 with 5 warning signs
  • Industry Position: 96.5% below the Software median (#49 of 1558)

No single metric tells the full story. See the FRA:LVO0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LivePerson Business Description

Other Exchanges LPSN:USALPSN:Israel
Address 530 7th Avenue, Floor M1, New York, NY, USA, 10018
LivePerson Inc is the enterprise leader in digital customer conversation. The Conversational Cloud, the Companies enterprise-class digital customer conversation platform, is trusted by the brands to accelerate their contact center transformation, orchestrate conversations across all channels, departments, and systems, increase agent productivity, and deliver more personalized, AI-empowered customer experiences. The company has a presence in the United States, Asia-Pacific, Latin America, and Europe.
28GF Score

Get the complete analysis for FRA:LVO0

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

€2.06
Price
€4.03
GF Value