Signet Jewelers (LTS:0P6A) Cyclically Adjusted PB Ratio: 2.28 (As of Aug. 15, 2026) — 15% Above Median

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LTS:0P6A Signet Jewelers Ltd LTS:0P6A
80 GF Score
Price €30.97
GF Value €33.00
! 1 Warning Sign
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What is Signet Jewelers Cyclically Adjusted PB Ratio?

Signet Jewelers LTS:0P6A 80 Cyclically Adjusted PB Ratio is 2.28 as of Aug. 15, 2026, which is 15% above its 10-year median of 1.98. GuruFocus rates LTS:0P6A with a GF Score™ of 80/100 and a GF Value™ of €33.00. The stock has 1 warning sign investors should review. Among 794 Retail - Cyclical companies, Signet Jewelers ranks worse than 72.29% on this metric.

As of today (2026-08-15), Signet Jewelers's current share price is €30.9742. Signet Jewelers's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €13.58. Signet Jewelers's Cyclically Adjusted PB Ratio for today is 2.28.

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

LTS:0P6A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 1.98   Max: 3.82
Current: 2.32

During the past years, Signet Jewelers's highest Cyclically Adjusted PB Ratio was 3.82. The lowest was 0.19. And the median was 1.98.

LTS:0P6A's Cyclically Adjusted PB Ratio is ranked worse than
72.29% of 794 companies
in the Retail - Cyclical industry
Industry Median: 1.205 vs LTS:0P6A: 2.32

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.

Signet Jewelers's adjusted book value per share data for the three months ended in Apr. 2026 was €40.909. 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 €13.58 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Signet Jewelers  (LTS:0P6A) 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.


Signet Jewelers Cyclically Adjusted PB Ratio Related Terms


Signet Jewelers Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Signet Jewelers'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.

Signet Jewelers Cyclically Adjusted PB Ratio Chart

Signet Jewelers Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 2.52 2.14 2.69 1.56

Signet Jewelers 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 1.55 2.07 2.58 2.41 2.28

LTS:0P6A vs CPRI, REAL, MOV: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Signet Jewelers'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.


Signet Jewelers Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


LTS:0P6A
80GF Score
Signet Jewelers Ltd LTS:0P6A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Signet Jewelers 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.

Signet Jewelers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.9742/13.58
=2.28

* 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.

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

For example, Signet Jewelers'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)
=40.909/333.0200*333.0200
=40.909

Current CPI (Apr. 2026) = 333.0200.

Signet Jewelers Quarterly Data

Book Value per Share CPI Adj_Book
201607 34.475 240.628 47.712
201610 29.108 241.729 40.101
201701 34.272 242.839 46.999
201704 34.693 244.524 47.249
201707 31.295 244.786 42.575
201710 30.137 246.663 40.688
201801 33.882 247.867 45.522
201804 26.055 250.546 34.632
201807 23.092 252.006 30.516
201810 22.613 252.885 29.779
201901 20.281 251.712 26.832
201904 19.802 255.548 25.805
201907 18.560 256.571 24.090
201910 18.174 257.346 23.518
202001 21.062 257.971 27.189
202004 17.306 256.389 22.479
202007 15.244 259.101 19.593
202010 14.873 260.388 19.022
202101 18.685 261.582 23.788
202104 20.949 267.054 26.124
202107 24.829 273.003 30.287
202110 25.149 276.589 30.280
202201 27.707 281.148 32.819
202204 25.028 289.109 28.829
202207 29.105 296.276 32.715
202210 30.032 298.012 33.560
202301 32.627 299.170 36.319
202304 31.769 303.363 34.875
202307 32.570 305.691 35.482
202310 33.533 307.671 36.296
202401 44.997 308.417 48.586
202404 43.449 313.548 46.147
202407 39.902 314.540 42.246
202410 37.965 315.664 40.052
202501 41.408 317.671 43.409
202504 38.173 320.795 39.628
202507 36.126 323.048 37.241
202510 36.319 0.000
202601 41.417 325.252 42.406
202604 40.909 333.020 40.909

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 2.28 mean?
Signet Jewelers (LTS:0P6A) has a Cyclically Adjusted PB Ratio of 2.28 as of Aug. 15, 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 Signet Jewelers and its competitors. This is 15% above median its historical median of 1.98. Over the past decade, Signet Jewelers' Cyclically Adjusted PB Ratio has ranged from 0.19 to 3.82. According to the industry distribution chart, Signet Jewelers ranks #574 out of 794 companies in the Retail - Cyclical industry, placing it in the top 72.3%.
Is Signet Jewelers' Cyclically Adjusted PB Ratio too high?
Signet Jewelers' current Cyclically Adjusted PB Ratio of 2.28 is 15% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 3.82. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.21. Signet Jewelers' value of 2.28 is 89.2% above this industry median. Based on the distribution chart, Signet Jewelers ranks #574 out of 794 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Signet Jewelers has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Signet Jewelers' Cyclically Adjusted PB Ratio compare to CPRI and REAL?
According to the Retail - Cyclical industry distribution chart, Signet Jewelers ranks #574 out of 794 companies for Cyclically Adjusted PB Ratio. This places Signet Jewelers in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Signet Jewelers' value of 2.28 is 89.2% above this benchmark. Historically, Signet Jewelers' own Cyclically Adjusted PB Ratio has ranged from 0.19 to 3.82 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.21, Signet Jewelers 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.21, based on 794 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. Signet Jewelers's current Cyclically Adjusted PB Ratio of 2.28 is 89.2% 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 Signet Jewelers and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signet Jewelers's current Cyclically Adjusted PB Ratio is 2.28, which is 15% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signet Jewelers stock overvalued right now?
Signet Jewelers (LTS:0P6A) has a current Cyclically Adjusted PB Ratio of 2.28. The stock's GF Value™ is €33.00, compared to a current price of €30.97 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is 15% above median its 10-year median of 1.98 and 89.2% above the Retail - Cyclical industry median of 1.21. Signet Jewelers' overall GF Score™ is 80/100 with 1 warning sign 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 Signet Jewelers (LTS:0P6A), the current Cyclically Adjusted PB Ratio is 2.28 as of Aug. 15, 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 Signet Jewelers (LTS:0P6A) Overvalued in 2026?

Based on GuruFocus' analysis, Signet Jewelers stock appears to be undervalued. The current stock price of €30.97 is trading 6.1% below its estimated GF Value™ of €33.00.

Key valuation signals for LTS:0P6A:

  • Cyclically Adjusted PB Ratio: 2.28 (15% above median its 10-year median of 1.98)
  • GF Value™: €33.00 vs. price of €30.97 (6.1% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 89.2% above the Retail - Cyclical median (#574 of 794)

No single metric tells the full story. See the LTS:0P6A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Signet Jewelers Business Description

Other Exchanges SIG:USASZ2:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches, and others. The bridal category includes engagement, wedding, and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue. The North America segment generates revenue from Mall and Outlet. Geographically, it operates in the USA, Canada, the UK, and Ireland, with the maximum revenue from the USA.
80GF Score

Get the complete analysis for LTS:0P6A

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

€30.97
Price
€33.00
GF Value