LE (Lands' End) Cyclically Adjusted PB Ratio: 1.02 (As of Aug. 21, 2026) — Near Median

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LE Lands' End Inc LE
64 GF Score
Price $12.19
GF Value $11.80
Valuation Fairly Valued
! 3 Warning Signs
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What is Lands' End Cyclically Adjusted PB Ratio?

Lands' End LE +1.16% 64 Cyclically Adjusted PB Ratio is 1.02 as of Aug. 21, 2026, which is 7% below its 10-year median of 1.10. GuruFocus rates LE with a GF Score™ of 64/100 and a GF Value™ of $11.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 786 Retail - Cyclical companies, Lands' End ranks better than 55.47% on this metric.

As of today (2026-08-21), Lands' End's current share price is $12.19. Lands' End's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $11.96. Lands' End's Cyclically Adjusted PB Ratio for today is 1.02.

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

LE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.1   Max: 3.12
Current: 1.01

During the past years, Lands' End's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.31. And the median was 1.10.

LE's Cyclically Adjusted PB Ratio is ranked better than
55.47% of 786 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs LE: 1.01

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.

Lands' End's adjusted book value per share data for the three months ended in Apr. 2026 was $16.256. 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 $11.96 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lands' End  (NAS:LE) 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.


Lands' End Cyclically Adjusted PB Ratio Related Terms


Lands' End Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lands' End'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.

Lands' End Cyclically Adjusted PB Ratio Chart

Lands' End Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.68 0.74 1.01 1.52

Lands' End Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.72 0.97 1.32 1.52 0.94

LE vs SHOE, CAL, GCO: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Lands' End'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.


Lands' End Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lands' End's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LE
64GF Score
Lands' End Inc LE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lands' End 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.

Lands' End's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.19/11.96
=1.02

* 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.

Lands' End's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=16.256/333.0200*333.0200
=16.256

Current CPI (Apr. 2026) = 333.0200.

Lands' End Quarterly Data

Book Value per Share CPI Adj_Book
201607 11.782 240.628 16.306
201610 11.417 241.729 15.729
201701 8.474 242.839 11.621
201704 8.263 244.524 11.253
201707 8.165 244.786 11.108
201710 8.197 246.663 11.067
201801 9.566 247.867 12.852
201804 9.465 250.546 12.581
201807 9.289 252.006 12.275
201810 9.444 252.885 12.437
201901 10.016 251.712 13.251
201904 9.740 255.548 12.693
201907 9.647 256.571 12.521
201910 9.900 257.346 12.811
202001 10.759 257.971 13.889
202004 10.059 256.389 13.065
202007 10.316 259.101 13.259
202010 10.578 260.388 13.529
202101 11.336 261.582 14.432
202104 11.225 267.054 13.998
202107 11.820 273.003 14.419
202110 12.082 276.589 14.547
202201 12.330 281.148 14.605
202204 11.924 289.109 13.735
202207 11.895 296.276 13.370
202210 11.684 298.012 13.057
202301 11.670 299.170 12.990
202304 11.561 303.363 12.691
202307 11.399 305.691 12.418
202310 7.910 307.671 8.562
202401 7.686 308.417 8.299
202404 7.470 313.548 7.934
202407 7.247 314.540 7.673
202410 7.209 315.664 7.605
202501 7.756 317.671 8.131
202504 7.512 320.795 7.798
202507 7.377 323.048 7.605
202510 7.561 0.000
202601 7.990 325.252 8.181
202604 16.256 333.020 16.256

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 1.02 mean?
Lands' End (LE) has a Cyclically Adjusted PB Ratio of 1.02 as of Aug. 21, 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 Lands' End and its competitors. This is near median its historical median of 1.10. Over the past decade, Lands' End's Cyclically Adjusted PB Ratio has ranged from 0.31 to 3.12. According to the industry distribution chart, Lands' End ranks #350 out of 786 companies in the Retail - Cyclical industry, placing it in the top 44.5%.
Is Lands' End's Cyclically Adjusted PB Ratio too high?
Lands' End's current Cyclically Adjusted PB Ratio of 1.02 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 3.12. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. Lands' End's value of 1.02 is 16.4% below this industry median. Based on the distribution chart, Lands' End ranks #350 out of 786 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Lands' End has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lands' End's Cyclically Adjusted PB Ratio compare to SHOE and CAL?
According to the Retail - Cyclical industry distribution chart, Lands' End ranks #350 out of 786 companies for Cyclically Adjusted PB Ratio. This puts Lands' End in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Lands' End's value of 1.02 is 16.4% below this benchmark. Historically, Lands' End's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 3.12 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.22, Lands' End 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 786 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. Lands' End's current Cyclically Adjusted PB Ratio of 1.02 is 16.4% 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 Lands' End and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lands' End's current Cyclically Adjusted PB Ratio is 1.02, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lands' End stock overvalued right now?
Based on GuruFocus' analysis, Lands' End (LE) is currently considered Fairly Valued. The stock's GF Value™ is $11.80, compared to a current price of $12.19 — trading 3.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is near median its 10-year median of 1.10 and 16.4% below the Retail - Cyclical industry median of 1.22. Lands' End's overall GF Score™ is 64/100 with 3 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 Lands' End (LE), the current Cyclically Adjusted PB Ratio is 1.02 as of Aug. 21, 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 Lands' End (LE) Overvalued in 2026?

Based on GuruFocus' analysis, Lands' End stock appears to be overvalued. The current stock price of $12.19 is trading 3.3% above its estimated GF Value™ of $11.80. GuruFocus considers Lands' End to be Fairly Valued.

Key valuation signals for LE:

  • Cyclically Adjusted PB Ratio: 1.02 (near median its 10-year median of 1.10)
  • GF Value™: $11.80 vs. price of $12.19 (3.3% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 16.4% below the Retail - Cyclical median (#350 of 786)

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


Lands' End Business Description

Other Exchanges LED:Germany
Address 5 Lands’ End Lane, Dodgeville, WI, USA, 53595
Lands' End Inc is a United States-based digital retailer of solution-based apparel, swimwear, outerwear, accessories, footwear, home products, and uniforms. It offers products online at the website (www.landsend.com), through third-party distribution channels, its own company-operated stores, and third-party license agreements. Lands' End also offers products to businesses and schools, for their employees and students, through the Outfitters distribution channel. The company's operating segments consist of: U.S. eCommerce, Europe eCommerce, Outfitters, Third Party, Licensing, and Retail. The majority of its revenue is generated from the U.S. eCommerce segment. Geographically, Lands' End derives maximum revenue from the United States, and the rest from Europe and other markets.
64GF Score

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

$12.19
Price
$11.80
GF Value