LOGI (Logitech International) Cyclically Adjusted PB Ratio: 7.99 (As of Jul. 18, 2026) — Near Median

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LOGI Logitech International SA LOGI
80 GF Score
Price $102.88
GF Value $98.67
Valuation Fairly Valued
! 2 Warning Signs
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What is Logitech International Cyclically Adjusted PB Ratio?

Logitech International LOGI +2.53% 80 Cyclically Adjusted PB Ratio is 7.99 as of Jul. 18, 2026, which is 2% above its 10-year median of 7.82. GuruFocus rates LOGI with a GF Scoreâ„¢ of 80/100 and a GF Valueâ„¢ of $98.67 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,983 Hardware companies, Logitech International ranks worse than 86.03% on this metric.

As of today (2026-07-18), Logitech International's current share price is $102.88. Logitech International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $12.87. Logitech International's Cyclically Adjusted PB Ratio for today is 7.99.

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

LOGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.11   Med: 7.82   Max: 19.92
Current: 8.12

During the past years, Logitech International's highest Cyclically Adjusted PB Ratio was 19.92. The lowest was 3.11. And the median was 7.82.

LOGI's Cyclically Adjusted PB Ratio is ranked worse than
86.03% of 1983 companies
in the Hardware industry
Industry Median: 2.15 vs LOGI: 8.12

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.

Logitech International's adjusted book value per share data for the three months ended in Mar. 2026 was $15.410. 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 $12.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logitech International  (NAS:LOGI) 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.


Logitech International Cyclically Adjusted PB Ratio Related Terms


Logitech International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Logitech International'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.

Logitech International Cyclically Adjusted PB Ratio Chart

Logitech International Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.17 6.80 9.29 7.81 7.08

Logitech International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.81 7.38 8.84 8.18 7.08

LOGI vs SNDK, DELL, STX: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Logitech International'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.


Logitech International Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


LOGI
80GF Score
Logitech International SA LOGI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Logitech International 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.

Logitech International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=102.88/12.87
=7.99

* 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.

Logitech International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.41/108.0600*108.0600
=15.410

Current CPI (Mar. 2026) = 108.0600.

Logitech International Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.692 100.088 5.066
201609 4.417 99.604 4.792
201612 4.953 99.380 5.386
201703 5.272 100.040 5.695
201706 5.798 100.285 6.248
201709 5.609 100.254 6.046
201712 6.134 100.213 6.614
201803 6.383 100.836 6.840
201806 6.373 101.435 6.789
201809 6.108 101.246 6.519
201812 6.830 100.906 7.314
201903 7.092 101.571 7.545
201906 7.197 102.044 7.621
201909 6.995 101.396 7.455
201912 7.762 101.063 8.299
202003 8.923 101.048 9.542
202006 9.307 100.743 9.983
202009 10.109 100.585 10.860
202012 12.447 100.241 13.418
202103 13.438 100.800 14.406
202106 14.063 101.352 14.994
202109 13.486 101.533 14.353
202112 14.225 101.776 15.103
202203 14.516 103.205 15.199
202206 14.400 104.783 14.850
202209 13.373 104.835 13.784
202212 14.061 104.666 14.517
202303 14.168 106.245 14.410
202306 14.034 106.576 14.229
202309 13.225 106.570 13.410
202312 14.130 106.461 14.342
202403 14.517 107.355 14.612
202406 14.697 107.991 14.706
202409 13.909 107.468 13.986
202412 14.071 107.128 14.193
202503 14.325 107.722 14.370
202506 14.824 108.075 14.822
202509 14.180 107.710 14.226
202512 15.915 107.200 16.043
202603 15.410 108.060 15.410

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 7.99 mean?
Logitech International (LOGI) has a Cyclically Adjusted PB Ratio of 7.99 as of Jul. 18, 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 Logitech International and its competitors. This is near median its historical median of 7.82. Over the past decade, Logitech International's Cyclically Adjusted PB Ratio has ranged from 3.11 to 19.92. According to the industry distribution chart, Logitech International ranks #1706 out of 1983 companies in the Hardware industry, placing it in the top 86%.
Is Logitech International's Cyclically Adjusted PB Ratio too high?
Logitech International's current Cyclically Adjusted PB Ratio of 7.99 is near median its 10-year median of 7.82. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 19.92. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Logitech International's value of 7.99 is 271.6% above this industry median. Based on the distribution chart, Logitech International ranks #1706 out of 1983 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Logitech International has a GF Scoreâ„¢ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Logitech International's Cyclically Adjusted PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Logitech International ranks #1706 out of 1983 companies for Cyclically Adjusted PB Ratio. This places Logitech International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Logitech International's value of 7.99 is 271.6% above this benchmark. Historically, Logitech International's own Cyclically Adjusted PB Ratio has ranged from 3.11 to 19.92 over the past decade. While the company's 10-year median is 7.82 vs. the industry median of 2.15, Logitech 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 Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,983 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. Logitech International's current Cyclically Adjusted PB Ratio of 7.99 is 271.6% 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 Logitech International and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logitech International's current Cyclically Adjusted PB Ratio is 7.99, which is near median its own 10-year median of 7.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logitech International stock overvalued right now?
Based on GuruFocus' analysis, Logitech International (LOGI) is currently considered Fairly Valued. The stock's GF Value™ is $98.67, compared to a current price of $102.88 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.99, which is near median its 10-year median of 7.82 and 271.6% above the Hardware industry median of 2.15. Logitech International's overall GF Score™ is 80/100 with 2 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 Logitech International (LOGI), the current Cyclically Adjusted PB Ratio is 7.99 as of Jul. 18, 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 Logitech International (LOGI) Overvalued in 2026?

Based on GuruFocus' analysis, Logitech International stock appears to be overvalued. The current stock price of $102.88 is trading 4.3% above its estimated GF Value™ of $98.67. GuruFocus considers Logitech International to be Fairly Valued.

Key valuation signals for LOGI:

  • Cyclically Adjusted PB Ratio: 7.99 (near median its 10-year median of 7.82)
  • GF Value™: $98.67 vs. price of $102.88 (4.3% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 271.6% above the Hardware median (#1706 of 1983)

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


Logitech International Business Description

Address EPFL - Quartier de l\'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products like wireless speakers.
80GF Score

Get the complete analysis for LOGI

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

$102.88
Price
$98.67
GF Value