Logitech International (XSWX:LOGN) Cyclically Adjusted PB Ratio: 7.58 (As of Jul. 02, 2026) — Near Median


XSWX:LOGN Logitech International SA XSWX:LOGN
82 GF Score
Price CHF76.88
GF Value CHF78.59
Valuation Fairly Valued
! 2 Warning Signs
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What is Logitech International Cyclically Adjusted PB Ratio?

Logitech International XSWX:LOGN +1.51% 82 Cyclically Adjusted PB Ratio is 7.58 as of Jul. 02, 2026, which is 3% below its 10-year median of 7.81. GuruFocus rates XSWX:LOGN with a GF Score™ of 82/100 and a GF Value™ of CHF78.59 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,979 Hardware companies, Logitech International ranks worse than 84.44% on this metric.

As of today (2026-07-02), Logitech International's current share price is CHF76.88. Logitech International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF10.14. Logitech International's Cyclically Adjusted PB Ratio for today is 7.58.

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

XSWX:LOGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 7.81   Max: 19.92
Current: 7.58

During the past years, Logitech International's highest Cyclically Adjusted PB Ratio was 19.92. The lowest was 2.92. And the median was 7.81.

XSWX:LOGN's Cyclically Adjusted PB Ratio is ranked worse than
84.44% of 1979 companies
in the Hardware industry
Industry Median: 2.16 vs XSWX:LOGN: 7.58

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 CHF12.132. 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 CHF10.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logitech International  (XSWX:LOGN) 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 7.13

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 7.13

XSWX:LOGN 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.


XSWX:LOGN
82GF Score
Logitech International SA XSWX:LOGN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=76.88/10.14
=7.58

* 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)
=12.132/107.1957*107.1957
=12.132

Current CPI (Mar. 2026) = 107.1957.

Logitech International Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.549 100.088 4.872
201609 4.299 99.604 4.627
201612 5.049 99.380 5.446
201703 5.280 100.040 5.658
201706 5.613 100.285 6.000
201709 5.398 100.254 5.772
201712 6.054 100.213 6.476
201803 6.051 100.836 6.433
201806 6.310 101.435 6.668
201809 5.914 101.246 6.262
201812 6.775 100.906 7.197
201903 7.096 101.571 7.489
201906 7.111 102.044 7.470
201909 6.930 101.396 7.326
201912 7.627 101.063 8.090
202003 8.560 101.048 9.081
202006 8.854 100.743 9.421
202009 9.249 100.585 9.857
202012 11.058 100.241 11.825
202103 12.495 100.800 13.288
202106 12.767 101.352 13.503
202109 12.445 101.533 13.139
202112 13.101 101.776 13.799
202203 13.491 103.205 14.013
202206 13.971 104.783 14.293
202209 13.016 104.835 13.309
202212 13.099 104.666 13.416
202303 13.112 106.245 13.229
202306 12.636 106.576 12.710
202309 11.897 106.570 11.967
202312 12.220 106.461 12.304
202403 12.900 107.355 12.881
202406 13.137 107.991 13.040
202409 11.784 107.468 11.754
202412 12.546 107.128 12.554
202503 12.658 107.722 12.596
202506 12.055 108.075 11.957
202509 11.289 107.709 11.235
202512 12.683 107.196 12.683
202603 12.132 107.196 12.132

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 7.58 mean?
Logitech International (XSWX:LOGN) has a Cyclically Adjusted PB Ratio of 7.58 as of Jul. 02, 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 7.81. Over the past decade, Logitech International's Cyclically Adjusted PB Ratio has ranged from 2.92 to 19.92. According to the industry distribution chart, Logitech International ranks #1671 out of 1979 companies in the Hardware industry, placing it in the top 84.4%.
Is Logitech International's Cyclically Adjusted PB Ratio too high?
Logitech International's current Cyclically Adjusted PB Ratio of 7.58 is near median its 10-year median of 7.81. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 19.92. The Hardware industry median Cyclically Adjusted PB Ratio is 2.16. Logitech International's value of 7.58 is 250.9% above this industry median. Based on the distribution chart, Logitech International ranks #1671 out of 1979 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Logitech International has a GF Score™ of 82/100 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 #1671 out of 1979 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 2.16. Logitech International's value of 7.58 is 250.9% above this benchmark. Historically, Logitech International's own Cyclically Adjusted PB Ratio has ranged from 2.92 to 19.92 over the past decade. While the company's 10-year median is 7.81 vs. the industry median of 2.16, 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 2.16, based on 1,979 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 7.58 is 250.9% 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 2.16 — 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 7.58, which is near median its own 10-year median of 7.81. 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 (XSWX:LOGN) is currently considered Fairly Valued. The stock's GF Value™ is CHF78.59, compared to a current price of CHF76.88 — trading 2.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.58, which is near median its 10-year median of 7.81 and 250.9% above the Hardware industry median of 2.16. Logitech International's overall GF Score™ is 82/100 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 (XSWX:LOGN), the current Cyclically Adjusted PB Ratio is 7.58 as of Jul. 02, 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 (XSWX:LOGN) Overvalued in 2026?

Based on GuruFocus' analysis, Logitech International stock appears to be undervalued. The current stock price of CHF76.88 is trading 2.2% below its estimated GF Value™ of CHF78.59. GuruFocus considers Logitech International to be Fairly Valued.

Key valuation signals for XSWX:LOGN:

  • Cyclically Adjusted PB Ratio: 7.58 (near median its 10-year median of 7.81)
  • GF Value™: CHF78.59 vs. price of CHF76.88 (2.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 250.9% above the Hardware median (#1671 of 1979)

No single metric tells the full story. See the XSWX:LOGN 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.
82GF Score

Get the complete analysis for XSWX:LOGN

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

CHF76.88
Price
CHF78.59
GF Value