Leidos Holdings (MEX:LDOS) Cyclically Adjusted PB Ratio: 3.20 (As of Jul. 05, 2026) — 13% Below Median


MEX:LDOS Leidos Holdings Inc MEX:LDOS
73 GF Score
Price MXN1,895.00
GF Value MXN2,912.84
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Leidos Holdings Cyclically Adjusted PB Ratio?

Leidos Holdings MEX:LDOS 73 Cyclically Adjusted PB Ratio is 3.20 as of Jul. 05, 2026, which is 13% below its 10-year median of 3.68. GuruFocus rates MEX:LDOS with a GF Score™ of 73/100 and a GF Value™ of MXN2,912.84 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,597 Software companies, Leidos Holdings ranks worse than 62.87% on this metric.

As of today (2026-07-05), Leidos Holdings's current share price is MXN1895.00. Leidos Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN592.15. Leidos Holdings's Cyclically Adjusted PB Ratio for today is 3.20.

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

MEX:LDOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 3.68   Max: 6.96
Current: 3.33

During the past years, Leidos Holdings's highest Cyclically Adjusted PB Ratio was 6.96. The lowest was 1.16. And the median was 3.68.

MEX:LDOS's Cyclically Adjusted PB Ratio is ranked worse than
62.87% of 1597 companies
in the Software industry
Industry Median: 2.26 vs MEX:LDOS: 3.33

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.

Leidos Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was MXN718.676. 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 MXN592.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leidos Holdings  (MEX:LDOS) 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.


Leidos Holdings Cyclically Adjusted PB Ratio Related Terms


Leidos Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Leidos Holdings'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.

Leidos Holdings Cyclically Adjusted PB Ratio Chart

Leidos Holdings 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 3.45 3.90 3.97 4.98 5.71

Leidos Holdings 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 4.54 5.19 6.07 5.71 4.76

MEX:LDOS vs WSE, APLD, CIFR: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Leidos Holdings'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.


Leidos Holdings Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Leidos Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:LDOS
73GF Score
Leidos Holdings Inc MEX:LDOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leidos Holdings 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.

Leidos Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1895.00/592.15
=3.20

* 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.

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

For example, Leidos Holdings'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)
=718.676/330.2130*330.2130
=718.676

Current CPI (Mar. 2026) = 330.2130.

Leidos Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 284.749 241.018 390.128
201609 401.663 241.428 549.374
201612 430.895 241.432 589.347
201703 396.157 243.801 536.570
201706 385.941 244.955 520.270
201709 395.891 246.819 529.653
201712 438.312 246.524 587.108
201803 410.086 249.554 542.631
201806 447.485 251.989 586.396
201809 430.714 252.439 563.413
201812 444.881 251.233 584.738
201903 443.729 254.202 576.412
201906 448.074 256.143 577.646
201909 454.486 256.759 584.506
201912 456.519 256.974 586.629
202003 554.000 258.115 708.746
202006 575.102 257.797 736.650
202009 576.544 260.280 731.452
202012 539.786 260.474 684.308
202103 568.778 264.877 709.076
202106 574.611 271.696 698.369
202109 604.376 274.310 727.545
202112 628.754 278.802 744.696
202203 574.803 287.504 660.191
202206 587.974 296.311 655.246
202209 599.926 296.808 667.446
202212 611.776 296.797 680.655
202303 580.089 301.836 634.626
202306 575.259 305.109 622.591
202309 525.204 307.789 563.468
202312 525.233 306.746 565.415
202403 523.078 312.332 553.024
202406 605.865 314.175 636.793
202409 681.364 315.301 713.589
202412 701.529 315.605 734.000
202503 676.610 319.799 698.643
202506 684.213 322.561 700.444
202509 704.332 324.800 716.070
202512 700.390 324.054 713.702
202603 718.676 330.213 718.676

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 3.20 mean?
Leidos Holdings (MEX:LDOS) has a Cyclically Adjusted PB Ratio of 3.20 as of Jul. 05, 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 Leidos Holdings and its competitors. This is 13% below median its historical median of 3.68. Over the past decade, Leidos Holdings' Cyclically Adjusted PB Ratio has ranged from 1.16 to 6.96. According to the industry distribution chart, Leidos Holdings ranks #1004 out of 1597 companies in the Software industry, placing it in the top 62.9%.
Is Leidos Holdings' Cyclically Adjusted PB Ratio too high?
Leidos Holdings' current Cyclically Adjusted PB Ratio of 3.20 is 13% below median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 6.96. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Leidos Holdings' value of 3.20 is 41.6% above this industry median. Based on the distribution chart, Leidos Holdings ranks #1004 out of 1597 companies in the Software industry, which is below the industry midpoint. Overall, Leidos Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leidos Holdings' Cyclically Adjusted PB Ratio compare to WSE and APLD?
According to the Software industry distribution chart, Leidos Holdings ranks #1004 out of 1597 companies for Cyclically Adjusted PB Ratio. This places Leidos Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Leidos Holdings' value of 3.20 is 41.6% above this benchmark. Historically, Leidos Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.16 to 6.96 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 2.26, Leidos Holdings 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,597 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. Leidos Holdings's current Cyclically Adjusted PB Ratio of 3.20 is 41.6% 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 Leidos Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leidos Holdings's current Cyclically Adjusted PB Ratio is 3.20, which is 13% below median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leidos Holdings stock overvalued right now?
Based on GuruFocus' analysis, Leidos Holdings (MEX:LDOS) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,912.84, compared to a current price of MXN1,895.00 — trading 34.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.20, which is 13% below median its 10-year median of 3.68 and 41.6% above the Software industry median of 2.26. Leidos Holdings' overall GF Score™ is 73/100 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 Leidos Holdings (MEX:LDOS), the current Cyclically Adjusted PB Ratio is 3.20 as of Jul. 05, 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 Leidos Holdings (MEX:LDOS) Overvalued in 2026?

Based on GuruFocus' analysis, Leidos Holdings stock appears to be undervalued. The current stock price of MXN1,895.00 is trading 34.9% below its estimated GF Value™ of MXN2,912.84. GuruFocus considers Leidos Holdings to be Significantly Undervalued.

Key valuation signals for MEX:LDOS:

  • Cyclically Adjusted PB Ratio: 3.20 (13% below median its 10-year median of 3.68)
  • GF Value™: MXN2,912.84 vs. price of MXN1,895.00 (34.9% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 41.6% above the Software median (#1004 of 1597)

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


Leidos Holdings Business Description

Address 1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health management, both domestically and internationally. The customers of the company includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in four reportable segments; National Security & Digital, Health & Civil, Commercial & International and Defense Systems. It provides a wide array of scientific, engineering and technical services and solutions across these reportable segments.
73GF Score

Get the complete analysis for MEX:LDOS

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

MXN1,895.00
Price
MXN2,912.84
GF Value