Logitech International (MEX:LOGIN) Cyclically Adjusted PB Ratio: 7.23 (As of Aug. 09, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:LOGIN Logitech International SA MEX:LOGIN
79 GF Score
Price MXN2,010.00
GF Value MXN1,937.11
! 2 Warning Signs
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What is Logitech International Cyclically Adjusted PB Ratio?

Logitech International MEX:LOGIN 79 Cyclically Adjusted PB Ratio is 7.23 as of Aug. 09, 2026, which is 8% below its 10-year median of 7.84. GuruFocus rates MEX:LOGIN with a GF Score™ of 79/100 and a GF Value™ of MXN1,937.11. The stock has 2 warning signs investors should review. Among 1,967 Hardware companies, Logitech International ranks worse than 87.6% on this metric.

As of today (2026-08-09), Logitech International's current share price is MXN2010.00. Logitech International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN277.85. Logitech International's Cyclically Adjusted PB Ratio for today is 7.23.

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

MEX:LOGIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.93   Med: 7.84   Max: 19.92
Current: 8.08

During the past years, Logitech International's highest Cyclically Adjusted PB Ratio was 19.92. The lowest was 3.93. And the median was 7.84.

MEX:LOGIN's Cyclically Adjusted PB Ratio is ranked worse than
87.6% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs MEX:LOGIN: 8.08

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 Jun. 2026 was MXN285.831. 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 MXN277.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logitech International  (MEX:LOGIN) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.38 8.84 8.18 7.08 7.23

MEX:LOGIN vs DELL, ANET, SNDK: 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.


MEX:LOGIN
79GF Score
Logitech International SA MEX:LOGIN
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
=2010.00/277.85
=7.23

* 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 Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=285.831/108.5600*108.5600
=285.831

Current CPI (Jun. 2026) = 108.5600.

Logitech International Quarterly Data

Book Value per Share CPI Adj_Book
201609 85.411 99.604 93.091
201612 102.111 99.380 111.544
201703 99.272 100.040 107.727
201706 104.804 100.285 113.452
201709 101.785 100.254 110.218
201712 120.468 100.213 130.502
201803 115.969 100.836 124.853
201806 125.234 101.435 134.031
201809 114.243 101.246 122.497
201812 134.108 100.906 144.280
201903 137.576 101.571 147.043
201906 138.246 102.044 147.074
201909 138.101 101.396 147.859
201912 146.385 101.063 157.244
202003 209.234 101.048 224.790
202006 214.828 100.743 231.497
202009 223.328 100.585 241.036
202012 247.587 100.241 268.135
202103 274.696 100.800 295.844
202106 279.947 101.352 299.856
202109 277.308 101.533 296.502
202112 291.805 101.776 311.257
202203 289.023 103.205 304.020
202206 289.695 104.783 300.138
202209 268.992 104.835 278.550
202212 274.129 104.666 284.327
202303 255.377 106.245 260.942
202306 240.595 106.576 245.075
202309 230.356 106.570 234.659
202312 239.844 106.461 244.572
202403 240.930 107.355 243.635
202406 269.258 107.991 270.677
202409 273.873 107.468 276.656
202412 293.469 107.128 297.392
202503 293.068 107.722 295.347
202506 279.118 108.075 280.370
202509 260.126 107.710 262.179
202512 286.569 107.200 290.205
202603 277.887 108.060 279.173
202606 285.831 108.560 285.831

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 7.23 mean?
Logitech International (MEX:LOGIN) has a Cyclically Adjusted PB Ratio of 7.23 as of Aug. 09, 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 7.84. Over the past decade, Logitech International's Cyclically Adjusted PB Ratio has ranged from 3.93 to 19.92. According to the industry distribution chart, Logitech International ranks #1723 out of 1967 companies in the Hardware industry, placing it in the top 87.6%.
Is Logitech International's Cyclically Adjusted PB Ratio too high?
Logitech International's current Cyclically Adjusted PB Ratio of 7.23 is near median its 10-year median of 7.84. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 19.92. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Logitech International's value of 7.23 is 245.9% above this industry median. Based on the distribution chart, Logitech International ranks #1723 out of 1967 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Logitech International has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Logitech International's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Logitech International ranks #1723 out of 1967 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 2.09. Logitech International's value of 7.23 is 245.9% above this benchmark. Historically, Logitech International's own Cyclically Adjusted PB Ratio has ranged from 3.93 to 19.92 over the past decade. While the company's 10-year median is 7.84 vs. the industry median of 2.09, 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 2.09, based on 1,967 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 7.23 is 245.9% 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 2.09 — 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 7.23, which is near median its own 10-year median of 7.84. 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?
Logitech International (MEX:LOGIN) has a current Cyclically Adjusted PB Ratio of 7.23. The stock's GF Value™ is MXN1,937.11, compared to a current price of MXN2,010.00 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.23, which is near median its 10-year median of 7.84 and 245.9% above the Hardware industry median of 2.09. Logitech International's overall GF Score™ is 79/100 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 (MEX:LOGIN), the current Cyclically Adjusted PB Ratio is 7.23 as of Aug. 09, 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 (MEX:LOGIN) Overvalued in 2026?

Based on GuruFocus' analysis, Logitech International stock appears to be overvalued. The current stock price of MXN2,010.00 is trading 3.8% above its estimated GF Value™ of MXN1,937.11.

Key valuation signals for MEX:LOGIN:

  • Cyclically Adjusted PB Ratio: 7.23 (near median its 10-year median of 7.84)
  • GF Value™: MXN1,937.11 vs. price of MXN2,010.00 (3.8% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 245.9% above the Hardware median (#1723 of 1967)

No single metric tells the full story. See the MEX:LOGIN 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.
79GF Score

Get the complete analysis for MEX:LOGIN

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

MXN2,010.00
Price
MXN1,937.11
GF Value