Levi Strauss (WBO:LEVI) Cyclically Adjusted PS Ratio: 1.48 (As of Jul. 16, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:LEVI Levi Strauss & Co WBO:LEVI
83 GF Score
Price €21.70
GF Value €18.99
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Levi Strauss Cyclically Adjusted PS Ratio?

Levi Strauss WBO:LEVI +2.17% 83 Cyclically Adjusted PS Ratio is 1.48 as of Jul. 16, 2026, which is 17% above its 10-year median of 1.27. GuruFocus rates WBO:LEVI with a GF Score™ of 83/100 and a GF Value™ of €18.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 881 Manufacturing - Apparel & Accessories companies, Levi Strauss ranks worse than 71.85% on this metric.

As of today (2026-07-16), Levi Strauss's current share price is €21.70. Levi Strauss's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €14.63. Levi Strauss's Cyclically Adjusted PS Ratio for today is 1.48.

The historical rank and industry rank for Levi Strauss's Cyclically Adjusted PS Ratio or its related term are showing as below:

WBO:LEVI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.27   Max: 1.5
Current: 1.41

During the past years, Levi Strauss's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.87. And the median was 1.27.

WBO:LEVI's Cyclically Adjusted PS Ratio is ranked worse than
71.85% of 881 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs WBO:LEVI: 1.41

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.

Levi Strauss's adjusted revenue per share data for the three months ended in May. 2026 was €3.432. 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 €14.63 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Levi Strauss  (WBO:LEVI) 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.


Levi Strauss Cyclically Adjusted PS Ratio Related Terms


Levi Strauss Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Levi Strauss'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.

Levi Strauss Cyclically Adjusted PS Ratio Chart

Levi Strauss Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.10 1.35

Levi Strauss Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.07 1.37 1.35 1.34 1.37

WBO:LEVI vs VFC, KTB, ZGN: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Levi Strauss'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.


Levi Strauss Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Levi Strauss's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Levi Strauss's Cyclically Adjusted PS Ratio falls into.


WBO:LEVI
83GF Score
Levi Strauss & Co WBO:LEVI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Levi Strauss 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.

Levi Strauss's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.70/14.63
=1.48

* 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.

Levi Strauss's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Levi Strauss's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=3.432/335.1230*335.1230
=3.432

Current CPI (May. 2026) = 335.1230.

Levi Strauss Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 2.688 240.849 3.740
201611 3.063 241.353 4.253
201702 2.631 243.603 3.619
201705 2.458 244.733 3.366
201708 2.732 245.519 3.729
201711 3.176 246.669 4.315
201802 2.768 248.991 3.726
201805 2.680 251.588 3.570
201808 3.070 252.146 4.080
201811 3.562 252.038 4.736
201902 3.214 252.776 4.261
201905 2.868 256.092 3.753
201908 3.145 256.558 4.108
201911 3.463 257.208 4.512
202002 3.368 258.678 4.363
202005 1.148 256.394 1.501
202008 2.203 259.918 2.840
202011 2.944 260.229 3.791
202102 2.622 263.014 3.341
202105 2.548 269.195 3.172
202108 3.081 273.567 3.774
202111 3.647 277.948 4.397
202202 3.445 283.716 4.069
202205 3.447 292.296 3.952
202208 3.717 296.171 4.206
202211 3.895 297.711 4.384
202302 3.940 300.840 4.389
202305 3.094 304.127 3.409
202308 3.455 307.026 3.771
202311 2.997 307.051 3.271
202402 3.439 310.326 3.714
202405 3.120 314.069 3.329
202408 3.253 314.796 3.463
202411 4.111 315.493 4.367
202502 3.664 319.082 3.848
202505 3.214 321.465 3.351
202508 3.318 323.976 3.432
202511 3.840 324.122 3.970
202602 3.740 326.785 3.835
202605 3.432 335.123 3.432

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 1.48 mean?
Levi Strauss (WBO:LEVI) has a Cyclically Adjusted PS Ratio of 1.48 as of Jul. 16, 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 Levi Strauss and its competitors. This is 17% above median its historical median of 1.27. Over the past decade, Levi Strauss' Cyclically Adjusted PS Ratio has ranged from 0.87 to 1.50. According to the industry distribution chart, Levi Strauss ranks #633 out of 881 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.9%.
Is Levi Strauss' Cyclically Adjusted PS Ratio too high?
Levi Strauss' current Cyclically Adjusted PS Ratio of 1.48 is 17% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.50. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Levi Strauss' value of 1.48 is 127.7% above this industry median. Based on the distribution chart, Levi Strauss ranks #633 out of 881 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Levi Strauss has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Levi Strauss' Cyclically Adjusted PS Ratio compare to VFC and KTB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Levi Strauss ranks #633 out of 881 companies for Cyclically Adjusted PS Ratio. This places Levi Strauss in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Levi Strauss' value of 1.48 is 127.7% above this benchmark. Historically, Levi Strauss' own Cyclically Adjusted PS Ratio has ranged from 0.87 to 1.50 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.65, Levi Strauss 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 PS Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 881 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. Levi Strauss's current Cyclically Adjusted PS Ratio of 1.48 is 127.7% 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 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 Levi Strauss and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Levi Strauss's current Cyclically Adjusted PS Ratio is 1.48, which is 17% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Levi Strauss stock overvalued right now?
Based on GuruFocus' analysis, Levi Strauss (WBO:LEVI) is currently considered Modestly Overvalued. The stock's GF Value™ is €18.99, compared to a current price of €21.70 — trading 14.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is 17% above median its 10-year median of 1.27 and 127.7% above the Manufacturing - Apparel & Accessories industry median of 0.65. Levi Strauss' overall GF Score™ is 83/100 with 6 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 Levi Strauss (WBO:LEVI), the current Cyclically Adjusted PS Ratio is 1.48 as of Jul. 16, 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 Levi Strauss (WBO:LEVI) Overvalued in 2026?

Based on GuruFocus' analysis, Levi Strauss stock appears to be overvalued. The current stock price of €21.70 is trading 14.3% above its estimated GF Value™ of €18.99. GuruFocus considers Levi Strauss to be Modestly Overvalued.

Key valuation signals for WBO:LEVI:

  • Cyclically Adjusted PS Ratio: 1.48 (17% above median its 10-year median of 1.27)
  • GF Value™: €18.99 vs. price of €21.70 (14.3% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 127.7% above the Manufacturing - Apparel & Accessories median (#633 of 881)

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


Levi Strauss Business Description

Address 1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.
83GF Score

Get the complete analysis for WBO:LEVI

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

€21.70
Price
€18.99
GF Value