Bath & Body Works (WBO:LBRA) Cyclically Adjusted PS Ratio: 0.48 (As of Jul. 22, 2026) — 41% Below Median

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WBO:LBRA Bath & Body Works Inc WBO:LBRA
57 GF Score
Price €17.12
GF Value €28.77
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Bath & Body Works Cyclically Adjusted PS Ratio?

Bath & Body Works WBO:LBRA -5.70% 57 Cyclically Adjusted PS Ratio is 0.48 as of Jul. 22, 2026, which is 41% below its 10-year median of 0.81. GuruFocus rates WBO:LBRA with a GF Score™ of 57/100 and a GF Value™ of €28.77 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 793 Retail - Cyclical companies, Bath & Body Works ranks better than 50.95% on this metric.

As of today (2026-07-22), Bath & Body Works's current share price is €17.12. Bath & Body Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €35.72. Bath & Body Works's Cyclically Adjusted PS Ratio for today is 0.48.

The historical rank and industry rank for Bath & Body Works's Cyclically Adjusted PS Ratio or its related term are showing as below:

WBO:LBRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.81   Max: 1.84
Current: 0.48

During the past years, Bath & Body Works's highest Cyclically Adjusted PS Ratio was 1.84. The lowest was 0.20. And the median was 0.81.

WBO:LBRA's Cyclically Adjusted PS Ratio is ranked better than
50.95% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs WBO:LBRA: 0.48

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Bath & Body Works's adjusted revenue per share data for the three months ended in Apr. 2026 was €5.833. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €35.72 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bath & Body Works  (WBO:LBRA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Bath & Body Works Cyclically Adjusted PS Ratio Related Terms


Bath & Body Works Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bath & Body Works's Cyclically Adjusted PS 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.

Bath & Body Works Cyclically Adjusted PS Ratio Chart

Bath & Body Works Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.06 0.99 0.88 0.53

Bath & Body Works Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS 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 0.72 0.69 0.58 0.53 0.46

WBO:LBRA vs MNSO, RH, ASO: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Bath & Body Works's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Bath & Body Works Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bath & Body Works's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bath & Body Works's Cyclically Adjusted PS Ratio falls into.


WBO:LBRA
57GF Score
Bath & Body Works Inc WBO:LBRA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bath & Body Works Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Bath & Body Works's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.12/35.72
=0.48

* 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.

Bath & Body Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Bath & Body Works's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=5.833/333.0200*333.0200
=5.833

Current CPI (Apr. 2026) = 333.0200.

Bath & Body Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 8.988 240.628 12.439
201610 8.081 241.729 11.133
201701 14.501 242.839 19.886
201704 7.868 244.524 10.716
201707 8.265 244.786 11.244
201710 7.817 246.663 10.554
201801 13.926 247.867 18.710
201804 7.589 250.546 10.087
201807 9.155 252.006 12.098
201810 8.779 252.885 11.561
201901 15.234 251.712 20.155
201904 8.417 255.548 10.969
201907 9.311 256.571 12.085
201910 8.768 257.346 11.346
202001 -8.889 257.971 -11.475
202004 5.493 256.389 7.135
202007 7.257 259.101 9.327
202010 5.112 260.388 6.538
202101 7.941 261.582 10.110
202104 4.327 267.054 5.396
202107 5.149 273.003 6.281
202110 5.427 276.589 6.534
202201 10.256 281.148 12.148
202204 5.526 289.109 6.365
202207 6.885 296.276 7.739
202210 7.109 298.012 7.944
202301 11.703 299.170 13.027
202304 5.535 303.363 6.076
202307 6.154 305.691 6.704
202310 6.488 307.671 7.023
202401 11.673 308.417 12.604
202404 5.707 313.548 6.061
202407 6.309 314.540 6.680
202410 6.749 315.664 7.120
202501 12.522 317.671 13.127
202504 5.895 320.795 6.120
202507 6.291 323.048 6.485
202510 6.647 0.000
202601 11.419 325.252 11.692
202604 5.833 333.020 5.833

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.48 mean?
Bath & Body Works (WBO:LBRA) has a Cyclically Adjusted PS Ratio of 0.48 as of Jul. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bath & Body Works and its competitors. This is 41% below median its historical median of 0.81. Over the past decade, Bath & Body Works' Cyclically Adjusted PS Ratio has ranged from 0.20 to 1.84. According to the industry distribution chart, Bath & Body Works ranks #389 out of 793 companies in the Retail - Cyclical industry, placing it in the top 49.1%.
Is Bath & Body Works' Cyclically Adjusted PS Ratio too high?
Bath & Body Works' current Cyclically Adjusted PS Ratio of 0.48 is 41% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.84. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Bath & Body Works' value of 0.48 is 2% below this industry median. Based on the distribution chart, Bath & Body Works ranks #389 out of 793 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Bath & Body Works has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bath & Body Works' Cyclically Adjusted PS Ratio compare to MNSO and RH?
According to the Retail - Cyclical industry distribution chart, Bath & Body Works ranks #389 out of 793 companies for Cyclically Adjusted PS Ratio. This puts Bath & Body Works in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Bath & Body Works' value of 0.48 is 2% below this benchmark. Historically, Bath & Body Works' own Cyclically Adjusted PS Ratio has ranged from 0.20 to 1.84 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.49, Bath & Body Works has consistently been below 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 PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bath & Body Works's current Cyclically Adjusted PS Ratio of 0.48 is 2% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bath & Body Works and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bath & Body Works's current Cyclically Adjusted PS Ratio is 0.48, which is 41% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bath & Body Works stock overvalued right now?
Based on GuruFocus' analysis, Bath & Body Works (WBO:LBRA) is currently considered Significantly Undervalued. The stock's GF Value™ is €28.77, compared to a current price of €17.12 — trading 40.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 41% below median its 10-year median of 0.81 and 2% below the Retail - Cyclical industry median of 0.49. Bath & Body Works' overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Bath & Body Works (WBO:LBRA), the current Cyclically Adjusted PS Ratio is 0.48 as of Jul. 22, 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 Bath & Body Works (WBO:LBRA) Overvalued in 2026?

Based on GuruFocus' analysis, Bath & Body Works stock appears to be undervalued. The current stock price of €17.12 is trading 40.5% below its estimated GF Value™ of €28.77. GuruFocus considers Bath & Body Works to be Significantly Undervalued.

Key valuation signals for WBO:LBRA:

  • Cyclically Adjusted PS Ratio: 0.48 (41% below median its 10-year median of 0.81)
  • GF Value™: €28.77 vs. price of €17.12 (40.5% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 2% below the Retail - Cyclical median (#389 of 793)

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


Bath & Body Works Business Description

Address Three Limited Parkway, Columbus, OH, USA, 43230
Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 4% of sales from international markets in fiscal 2025. For fiscal 2025, 77% of sales stemmed from the brick-and-mortar network of more than 1,900 retail stores, similar to 2024 levels, as consumer shopping patterns remained normal. Future growth is expected from store upgrades, digital and international channels, as well as adjacent category expansions like men's and lip.
57GF Score

Get the complete analysis for WBO:LBRA

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

€17.12
Price
€28.77
GF Value