LEVI (Levi Strauss) Cyclically Adjusted PB Ratio: 5.76 (As of Jul. 08, 2026) — 13% Above Median


LEVI Levi Strauss & Co LEVI
85 GF Score
Price $24.27
GF Value $20.70
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Levi Strauss Cyclically Adjusted PB Ratio?

Levi Strauss LEVI -1.58% 85 Cyclically Adjusted PB Ratio is 5.76 as of Jul. 08, 2026, which is 13% above its 10-year median of 5.12. GuruFocus rates LEVI with a GF Score™ of 85/100 and a GF Value™ of $20.70 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 877 Manufacturing - Apparel & Accessories companies, Levi Strauss ranks worse than 91.79% on this metric.

As of today (2026-07-08), Levi Strauss's current share price is $24.27. Levi Strauss's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was $4.21. Levi Strauss's Cyclically Adjusted PB Ratio for today is 5.76.

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

LEVI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.64   Med: 5.12   Max: 6.17
Current: 5.86

During the past years, Levi Strauss's highest Cyclically Adjusted PB Ratio was 6.17. The lowest was 3.64. And the median was 5.12.

LEVI's Cyclically Adjusted PB Ratio is ranked worse than
91.79% of 877 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1 vs LEVI: 5.86

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.

Levi Strauss's adjusted book value per share data for the three months ended in Feb. 2026 was $5.738. 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 $4.21 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Levi Strauss  (NYSE:LEVI) 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.


Levi Strauss Cyclically Adjusted PB Ratio Related Terms


Levi Strauss Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Levi Strauss'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.

Levi Strauss Cyclically Adjusted PB Ratio Chart

Levi Strauss Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.66 5.41

Levi Strauss Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 4.70 4.46 5.65 5.41 5.26

LEVI vs VFC, KTB, ZGN: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Levi Strauss'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.


Levi Strauss Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Levi Strauss's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LEVI
85GF Score
Levi Strauss & Co LEVI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Levi Strauss 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.

Levi Strauss's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.27/4.21
=5.76

* 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.

Levi Strauss's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=5.738/326.7850*326.7850
=5.738

Current CPI (Feb. 2026) = 326.7850.

Levi Strauss Quarterly Data

Book Value per Share CPI Adj_Book
201605 1.133 240.229 1.541
201608 1.402 240.849 1.902
201611 1.528 241.353 2.069
201702 1.533 243.603 2.056
201705 1.570 244.733 2.096
201708 1.845 245.519 2.456
201711 2.137 246.669 2.831
201802 1.843 248.991 2.419
201805 2.009 251.588 2.609
201808 2.262 252.146 2.932
201811 2.488 252.038 3.226
201902 2.598 252.776 3.359
201905 3.347 256.092 4.271
201908 3.720 256.558 4.738
201911 3.971 257.208 5.045
202002 3.996 258.678 5.048
202005 2.940 256.394 3.747
202008 3.000 259.918 3.772
202011 3.266 260.229 4.101
202102 3.519 263.014 4.372
202105 3.570 269.195 4.334
202108 4.004 273.567 4.783
202111 4.167 277.948 4.899
202202 4.325 283.716 4.982
202205 4.357 292.296 4.871
202208 4.624 296.171 5.102
202211 4.835 297.711 5.307
202302 4.964 300.840 5.392
202305 4.885 304.127 5.249
202308 4.889 307.026 5.204
202311 5.150 307.051 5.481
202402 4.965 310.326 5.228
202405 4.916 314.069 5.115
202408 4.721 314.796 4.901
202411 4.984 315.493 5.162
202502 5.146 319.082 5.270
202505 5.284 321.465 5.371
202508 5.534 323.976 5.582
202511 5.837 324.122 5.885
202602 5.738 326.785 5.738

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 5.76 mean?
Levi Strauss (LEVI) has a Cyclically Adjusted PB Ratio of 5.76 as of Jul. 08, 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 Levi Strauss and its competitors. This is 13% above median its historical median of 5.12. Over the past decade, Levi Strauss' Cyclically Adjusted PB Ratio has ranged from 3.64 to 6.17. According to the industry distribution chart, Levi Strauss ranks #805 out of 877 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.8%.
Is Levi Strauss' Cyclically Adjusted PB Ratio too high?
Levi Strauss' current Cyclically Adjusted PB Ratio of 5.76 is 13% above median its 10-year median of 5.12. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 6.17. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.00. Levi Strauss' value of 5.76 is 476% above this industry median. Based on the distribution chart, Levi Strauss ranks #805 out of 877 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Levi Strauss has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Levi Strauss' Cyclically Adjusted PB Ratio compare to VFC and KTB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Levi Strauss ranks #805 out of 877 companies for Cyclically Adjusted PB Ratio. This places Levi Strauss in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Levi Strauss' value of 5.76 is 476% above this benchmark. Historically, Levi Strauss' own Cyclically Adjusted PB Ratio has ranged from 3.64 to 6.17 over the past decade. While the company's 10-year median is 5.12 vs. the industry median of 1.00, Levi Strauss 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 Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 1.00, based on 877 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. Levi Strauss's current Cyclically Adjusted PB Ratio of 5.76 is 476% 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 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 Levi Strauss and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Levi Strauss's current Cyclically Adjusted PB Ratio is 5.76, which is 13% above median its own 10-year median of 5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Levi Strauss stock overvalued right now?
Based on GuruFocus' analysis, Levi Strauss (LEVI) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.70, compared to a current price of $24.27 — trading 17.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.76, which is 13% above median its 10-year median of 5.12 and 476% above the Manufacturing - Apparel & Accessories industry median of 1.00. Levi Strauss' overall GF Score™ is 85/100 with 6 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 Levi Strauss (LEVI), the current Cyclically Adjusted PB Ratio is 5.76 as of Jul. 08, 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 Levi Strauss (LEVI) Overvalued in 2026?

Based on GuruFocus' analysis, Levi Strauss stock appears to be overvalued. The current stock price of $24.27 is trading 17.2% above its estimated GF Value™ of $20.70. GuruFocus considers Levi Strauss to be Modestly Overvalued.

Key valuation signals for LEVI:

  • Cyclically Adjusted PB Ratio: 5.76 (13% above median its 10-year median of 5.12)
  • GF Value™: $20.70 vs. price of $24.27 (17.2% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 476% above the Manufacturing - Apparel & Accessories median (#805 of 877)

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


Levi Strauss Business Description

Address 1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.
85GF Score

Get the complete analysis for LEVI

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

$24.27
Price
$20.70
GF Value