DLTH (Duluth Holdings) Cyclically Adjusted Revenue per Share: $21.44 (As of Apr. 2026)


DLTH Duluth Holdings Inc DLTH
61 GF Score
Price $4.45
GF Value $3.09
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Duluth Holdings Cyclically Adjusted Revenue per Share?

Duluth Holdings DLTH -2.52% 61 Cyclically Adjusted Revenue per Share is $21.44 as of Apr. 2026. GuruFocus rates DLTH with a GF Score™ of 61/100 and a GF Value™ of $3.09 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Duluth Holdings's adjusted revenue per share for the three months ended in Apr. 2026 was $2.840. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $21.44 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Duluth Holdings's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-04), Duluth Holdings's current stock price is $4.45. Duluth Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $21.44. Duluth Holdings's Cyclically Adjusted PS Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Duluth Holdings was 0.23. The lowest was 0.08. And the median was 0.15.


Duluth Holdings  (NAS:DLTH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Duluth Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.45/21.44
=0.21

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Duluth Holdings was 0.23. The lowest was 0.08. And the median was 0.15.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Duluth Holdings Cyclically Adjusted Revenue per Share Related Terms


Duluth Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Duluth Holdings's Cyclically Adjusted Revenue per Share 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.

Duluth Holdings Cyclically Adjusted Revenue per Share Chart

Duluth Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 20.15 20.95

Duluth Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Revenue per Share 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 20.41 20.71 20.91 20.95 21.44

DLTH vs TLYS, CURV, AKA: Cyclically Adjusted Revenue per Share Comparison

For the Apparel Retail subindustry, Duluth Holdings'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.


Duluth Holdings Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Duluth Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DLTH
61GF Score
Duluth Holdings Inc DLTH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Duluth Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Duluth Holdings'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)
=2.84/333.0200*333.0200
=2.840

Current CPI (Apr. 2026) = 333.0200.

Duluth Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 2.040 240.628 2.823
201610 2.075 241.729 2.859
201701 5.434 242.839 7.452
201704 2.589 244.524 3.526
201707 2.668 244.786 3.630
201710 2.628 246.663 3.548
201801 6.754 247.867 9.074
201804 3.127 250.546 4.156
201807 3.414 252.006 4.512
201810 3.324 252.885 4.377
201901 7.793 251.712 10.310
201904 3.539 255.548 4.612
201907 3.764 256.571 4.886
201910 3.705 257.346 4.794
202001 7.968 257.971 10.286
202004 3.395 256.389 4.410
202007 4.234 259.101 5.442
202010 4.157 260.388 5.317
202101 7.750 261.582 9.867
202104 4.078 267.054 5.085
202107 4.545 273.003 5.544
202110 4.434 276.589 5.339
202201 8.223 281.148 9.740
202204 3.757 289.109 4.328
202207 4.319 296.276 4.855
202210 4.487 298.012 5.014
202301 7.177 299.170 7.989
202304 3.766 303.363 4.134
202307 4.221 305.691 4.598
202310 4.190 307.671 4.535
202401 7.441 308.417 8.035
202404 3.527 313.548 3.746
202407 4.244 314.540 4.493
202410 3.799 315.664 4.008
202501 7.196 317.671 7.544
202504 3.046 320.795 3.162
202507 3.801 323.048 3.918
202510 3.328 0.000
202601 6.079 325.252 6.224
202604 2.840 333.020 2.840

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $21.44 mean?
Duluth Holdings (DLTH) has a Cyclically Adjusted Revenue per Share of $21.44 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Duluth Holdings and its competitors.
Is Duluth Holdings' Cyclically Adjusted Revenue per Share too high?
Duluth Holdings' current Cyclically Adjusted Revenue per Share is $21.44. Overall, Duluth Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Duluth Holdings' Cyclically Adjusted Revenue per Share compare to TLYS and CURV?
Duluth Holdings' Cyclically Adjusted Revenue per Share of $21.44 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Duluth Holdings and its competitors. Duluth Holdings's current Cyclically Adjusted Revenue per Share is $21.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duluth Holdings stock overvalued right now?
Based on GuruFocus' analysis, Duluth Holdings (DLTH) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.09, compared to a current price of $4.45 — trading 44% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $21.44. Duluth Holdings' overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Duluth Holdings (DLTH), the current Cyclically Adjusted Revenue per Share is $21.44 as of Apr. 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 Duluth Holdings (DLTH) Overvalued in 2026?

Based on GuruFocus' analysis, Duluth Holdings stock appears to be overvalued. The current stock price of $4.45 is trading 44% above its estimated GF Value™ of $3.09. GuruFocus considers Duluth Holdings to be Significantly Overvalued.

Key valuation signals for DLTH:

  • Cyclically Adjusted Revenue per Share: $21.44
  • GF Value™: $3.09 vs. price of $4.45 (44% above fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Duluth Holdings Business Description

Other Exchanges 6DU:Germany
Address 201 East Front Street, Mount Horeb, WI, USA, 53572
Duluth Holdings Inc is an apparel brand in the United States. The company offers shirts, pants, and casual wear for men and women under brands like Alaskan Hardgear, Armachillo, Ballroom, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, No Yank, Wild Boar, and others. The Company's revenue consists of the sale of apparel, footwear, and hard goods. The company operates in a single operating segment.
61GF Score

Get the complete analysis for DLTH

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

$4.45
Price
$3.09
GF Value