Duluth HoldingsDLTH +10.58%58 PB Ratio is 1.10 as of Jun. 30, 2026, which is 43% below its 10-year median of 1.93. GuruFocus rates DLTH with a GF Score™ of 58/100 and a GF Value™ of $3.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,072 Retail - Cyclical companies, Duluth Holdings ranks better than 59.61% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-30), Duluth Holdings's share price is $4.62. Duluth Holdings's Book Value per Share for the quarter that ended in Apr. 2026 was $4.19. Hence, Duluth Holdings's PB Ratio of today is 1.10.
Warning Sign:
Duluth Holdings Inc stock PB Ratio (=1.1) is close to 3-year high of 1.17.
The historical rank and industry rank for Duluth Holdings's PB Ratio or its related term are showing as below:
DLTH'
s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 1.93 Max: 11.77
Current: 1.1
During the past 13 years, Duluth Holdings's highest PB Ratio was 11.77. The lowest was 0.33. And the median was 1.93.
DLTH's PB Ratio is ranked better than 59.61% of 1072
companies
in the Retail - Cyclical industry
Industry Median: 1.46
vs DLTH: 1.10
During the past 12 months, Duluth Holdings's average Book Value Per Share Growth Rate was -12.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -12.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Duluth Holdings was 52.80% per year. The lowest was -12.60% per year. And the median was 11.75% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Duluth Holdings PB Ratio Related Terms
Duluth Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Duluth Holdings's 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.
For the Apparel Retail subindustry, Duluth Holdings's PB Ratio, along with its competitors' market caps and 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.
Duluth Holdings PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Duluth Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Duluth Holdings's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Duluth Holdings's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Duluth Holdings (DLTH) has a PB Ratio of 1.10 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Duluth Holdings and its competitors. This is 43% below median its historical median of 1.93. Over the past decade, Duluth Holdings' PB Ratio has ranged from 0.33 to 11.77. According to the industry distribution chart, Duluth Holdings ranks #433 out of 1072 companies in the Retail - Cyclical industry, placing it in the top 40.4%.
Is Duluth Holdings' PB Ratio too high?
Duluth Holdings' current PB Ratio of 1.10 is 43% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 11.77. The Retail - Cyclical industry median PB Ratio is 1.46. Duluth Holdings' value of 1.10 is 24.7% below this industry median. Based on the distribution chart, Duluth Holdings ranks #433 out of 1072 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Duluth Holdings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Duluth Holdings' PB Ratio compare to TLYS and CURV?
According to the Retail - Cyclical industry distribution chart, Duluth Holdings ranks #433 out of 1072 companies for PB Ratio. This puts Duluth Holdings in the upper half of its industry. The industry median PB Ratio is 1.46. Duluth Holdings' value of 1.10 is 24.7% below this benchmark. Historically, Duluth Holdings' own PB Ratio has ranged from 0.33 to 11.77 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.46, Duluth Holdings 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 PB Ratio for a Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.46, based on 1,072 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Duluth Holdings's current PB Ratio of 1.10 is 24.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Duluth Holdings and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duluth Holdings's current PB Ratio is 1.10, which is 43% below median its own 10-year median of 1.93. 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 $4.62 — trading 49.5% above its estimated fair value. The current PB Ratio is 1.10, which is 43% below median its 10-year median of 1.93 and 24.7% below the Retail - Cyclical industry median of 1.46. Duluth Holdings' overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Duluth Holdings (DLTH), the current PB Ratio is 1.10 as of Jun. 30, 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 $4.62 is trading 49.5% above its estimated GF Value™ of $3.09.
GuruFocus considers Duluth Holdings to be Significantly Overvalued.
Key valuation signals for DLTH:
PB Ratio: 1.10 (43% below median its 10-year median of 1.93)
GF Value™: $3.09 vs. price of $4.62 (49.5% above fair value)
Industry Position: 24.7% below the Retail - Cyclical median (#433 of 1072)
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 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.
58GF Score
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