Planet Fitness (LTS:0KJD) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0KJD Planet Fitness Inc LTS:0KJD
78 GF Score
Price $56.65
GF Value $105.03
Valuation Possible Value Trap
! 1 Warning Sign
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What is Planet Fitness Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Planet Fitness  (LTS:0KJD) 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.


Planet Fitness Cyclically Adjusted PB Ratio Related Terms


Planet Fitness Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Planet Fitness'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.

Planet Fitness Cyclically Adjusted PB Ratio Chart

Planet Fitness 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 0.00 0.00 0.00 0.00 0.00

Planet Fitness 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 0.00 0.00 0.00 0.00 0.00

LTS:0KJD vs MAT, YETI, CALY: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Planet Fitness'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.


Planet Fitness Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Planet Fitness's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0KJD
78GF Score
Planet Fitness Inc LTS:0KJD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Planet Fitness 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.

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

For example, Planet Fitness'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)
=-6.094/330.2130*330.2130
=-6.094

Current CPI (Mar. 2026) = 330.2130.

Planet Fitness Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.017 241.018 -0.023
201609 0.190 241.428 0.260
201612 -2.133 241.432 -2.917
201703 -1.842 243.801 -2.495
201706 -1.559 244.955 -2.102
201709 -1.363 246.819 -1.824
201712 -1.370 246.524 -1.835
201803 -1.230 249.554 -1.628
201806 -0.910 251.989 -1.192
201809 -1.152 252.439 -1.507
201812 -4.481 251.233 -5.890
201903 -4.096 254.202 -5.321
201906 -3.680 256.143 -4.744
201909 -5.364 256.759 -6.899
201912 -8.997 256.974 -11.561
202003 -8.655 258.115 -11.073
202006 -8.979 257.797 -11.501
202009 -8.942 260.280 -11.345
202012 -8.523 260.474 -10.805
202103 -8.385 264.877 -10.453
202106 -8.183 271.696 -9.945
202109 -7.926 274.310 -9.541
202112 -7.701 278.802 -9.121
202203 -2.505 287.504 -2.877
202206 -2.201 296.311 -2.453
202209 -2.441 296.808 -2.716
202212 -2.385 296.797 -2.654
202303 -1.773 301.836 -1.940
202306 -2.405 305.109 -2.603
202309 -1.839 307.789 -1.973
202312 -1.333 306.746 -1.435
202403 -1.110 312.332 -1.174
202406 -3.760 314.175 -3.952
202409 -3.164 315.301 -3.314
202412 -2.554 315.605 -2.672
202503 -2.623 319.799 -2.708
202506 -1.891 322.561 -1.936
202509 -2.347 324.800 -2.386
202512 -6.001 324.054 -6.115
202603 -6.094 330.213 -6.094

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.

Is Planet Fitness (LTS:0KJD) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Fitness stock appears to be undervalued. The current stock price of $56.65 is trading 46.1% below its estimated GF Value™ of $105.03. GuruFocus considers Planet Fitness to be Possible Value Trap.

Key valuation signals for LTS:0KJD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $105.03 vs. price of $56.65 (46.1% below fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the LTS:0KJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Planet Fitness Business Description

Address 4 Liberty Lane West, Hampton, NH, USA, 03842
Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.
78GF Score

Get the complete analysis for LTS:0KJD

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

$56.65
Price
$105.03
GF Value