LITB (LightInTheBox Holding Co) Piotroski F-Score: 8 (As of Jul. 11, 2026) — 167% Above Median


LITB LightInTheBox Holding Co Ltd LITB
46 GF Score
Price $3.05
GF Value $2.11
Valuation Significantly Overvalued
! 2 Warning Signs
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What is LightInTheBox Holding Co Piotroski F-Score?

LightInTheBox Holding Co LITB +4.10% 46 Piotroski F-Score is 8 as of Jul. 11, 2026, which is 167% above its 10-year median of 3.00. GuruFocus rates LITB with a GF Score™ of 46/100 and a GF Value™ of $2.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,097 Retail - Cyclical companies, LightInTheBox Holding Co ranks better than 98.45% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

LightInTheBox Holding Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for LightInTheBox Holding Co's Piotroski F-Score or its related term are showing as below:

LITB' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of LightInTheBox Holding Co was 8. The lowest was 1. And the median was 3.

LightInTheBox Holding Co  (NYSE:LITB) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


LightInTheBox Holding Co Piotroski F-Score Related Terms


LightInTheBox Holding Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for LightInTheBox Holding Co's Piotroski F-Score 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.

LightInTheBox Holding Co Piotroski F-Score Chart

LightInTheBox Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 5.00 5.00 3.00 8.00

LightInTheBox Holding Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 0.00 0.00 0.00 8.00 0.00

LITB vs HOUR, AAQL, UZX: Piotroski F-Score Comparison

For the Internet Retail subindustry, LightInTheBox Holding Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


LightInTheBox Holding Co Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, LightInTheBox Holding Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where LightInTheBox Holding Co's Piotroski F-Score falls into.


LITB
46GF Score
LightInTheBox Holding Co Ltd LITB
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $8.3 Mil.
Cash Flow from Operations was $6.2 Mil.
Revenue was $224.3 Mil.
Gross Profit was $145.9 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (69.374 + 72.002) / 2 = $70.688 Mil.
Total Assets at the begining of this year (Dec24) was $69.4 Mil.
Long-Term Debt & Capital Lease Obligation was $1.9 Mil.
Total Current Assets was $34.1 Mil.
Total Current Liabilities was $74.0 Mil.
Net Income was $-2.5 Mil.

Revenue was $255.3 Mil.
Gross Profit was $153.5 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (126.309 + 69.374) / 2 = $97.8415 Mil.
Total Assets at the begining of last year (Dec23) was $126.3 Mil.
Long-Term Debt & Capital Lease Obligation was $4.8 Mil.
Total Current Assets was $27.0 Mil.
Total Current Liabilities was $77.6 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

LightInTheBox Holding Co's current Net Income (TTM) was 8.3. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

LightInTheBox Holding Co's current Cash Flow from Operations (TTM) was 6.2. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=8.279/69.374
=0.11933866

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-2.489/126.309
=-0.01970564

LightInTheBox Holding Co's return on assets of this year was 0.11933866. LightInTheBox Holding Co's return on assets of last year was -0.01970564. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

LightInTheBox Holding Co's current Net Income (TTM) was 8.3. LightInTheBox Holding Co's current Cash Flow from Operations (TTM) was 6.2. ==> 6.2 <= 8.3 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1.886/70.688
=0.02668062

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=4.78/97.8415
=0.04885452

LightInTheBox Holding Co's gearing of this year was 0.02668062. LightInTheBox Holding Co's gearing of last year was 0.04885452. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=34.13/73.992
=0.46126608

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=26.972/77.558
=0.34776554

LightInTheBox Holding Co's current ratio of this year was 0.46126608. LightInTheBox Holding Co's current ratio of last year was 0.34776554. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

LightInTheBox Holding Co's number of shares in issue this year was 18.298. LightInTheBox Holding Co's number of shares in issue last year was 18.427. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=145.876/224.315
=0.65031763

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=153.492/255.287
=0.60125271

LightInTheBox Holding Co's gross margin of this year was 0.65031763. LightInTheBox Holding Co's gross margin of last year was 0.60125271. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=224.315/69.374
=3.23341598

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=255.287/126.309
=2.02113072

LightInTheBox Holding Co's asset turnover of this year was 3.23341598. LightInTheBox Holding Co's asset turnover of last year was 2.02113072. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+1+1+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

LightInTheBox Holding Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
LightInTheBox Holding Co (LITB) has a Piotroski F-Score of 8 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on LightInTheBox Holding Co and its competitors. This is 167% above median its historical median of 3.00. Over the past decade, LightInTheBox Holding Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, LightInTheBox Holding Co ranks #17 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 1.5%.
Is LightInTheBox Holding Co's Piotroski F-Score too high?
LightInTheBox Holding Co's current Piotroski F-Score of 8 is 167% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. LightInTheBox Holding Co's value of 8 is 60% above this industry median. Based on the distribution chart, LightInTheBox Holding Co ranks #17 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, LightInTheBox Holding Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightInTheBox Holding Co's Piotroski F-Score compare to HOUR and AAQL?
According to the Retail - Cyclical industry distribution chart, LightInTheBox Holding Co ranks #17 out of 1097 companies for Piotroski F-Score. This places LightInTheBox Holding Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. LightInTheBox Holding Co's value of 8 is 60% above this benchmark. Historically, LightInTheBox Holding Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, LightInTheBox Holding Co 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 Piotroski F-Score for a Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LightInTheBox Holding Co's current Piotroski F-Score of 8 is 60% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on LightInTheBox Holding Co and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightInTheBox Holding Co's current Piotroski F-Score is 8, which is 167% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightInTheBox Holding Co stock overvalued right now?
Based on GuruFocus' analysis, LightInTheBox Holding Co (LITB) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.11, compared to a current price of $3.05 — trading 44.5% above its estimated fair value. The current Piotroski F-Score is 8, which is 167% above median its 10-year median of 3.00 and 60% above the Retail - Cyclical industry median of 5.00. LightInTheBox Holding Co's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For LightInTheBox Holding Co (LITB), the current Piotroski F-Score is 8 as of Jul. 11, 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 LightInTheBox Holding Co (LITB) Overvalued in 2026?

Based on GuruFocus' analysis, LightInTheBox Holding Co stock appears to be overvalued. The current stock price of $3.05 is trading 44.5% above its estimated GF Value™ of $2.11. GuruFocus considers LightInTheBox Holding Co to be Significantly Overvalued.

Key valuation signals for LITB:

  • Piotroski F-Score: 8 (167% above median its 10-year median of 3.00)
  • GF Value™: $2.11 vs. price of $3.05 (44.5% above fair value)
  • GF Score™: 46/100 with 2 warning signs
  • Industry Position: 60% above the Retail - Cyclical median (#17 of 1097)

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


LightInTheBox Holding Co Business Description

Address 4 pandan crescent No. 03-03, 03-03, Singapore, SGP, 128475
LightInTheBox Holding Co Ltd is a e-commerce company, providing a diverse range of affordable lifestyle products directly to consumers. Its brands include Ador, a women's fashion brand targeting women aged 35-55; the second is a golf apparel brand focusing on female golfers aged 35 and above; the third is a women's light party dress brand for the age group of 30 and above. It offers customers products through websites and mobile applications. The company operates and reviews its performance in two segments: Product sales which consisted of online retailing of consumer products and sales to third-party sellers, and Services which consisted of the provision of logistic services to companies and individual customers.
46GF Score

Get the complete analysis for LITB

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.05
Price
$2.11
GF Value