DLTH (Duluth Holdings) Shiller PE Ratio: 14.12 (As of Aug. 31, 2026) — 120% Above Median

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DLTH Duluth Holdings Inc DLTH
58 GF Score
Price $3.67
GF Value $3.08
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Duluth Holdings Shiller PE Ratio?

Duluth Holdings DLTH -0.54% 58 Shiller PE Ratio is 14.12 as of Aug. 31, 2026, which is 120% above its 10-year median of 6.42. GuruFocus rates DLTH with a GF Score™ of 58/100 and a GF Value™ of $3.08 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 584 Retail - Cyclical companies, Duluth Holdings ranks better than 62.5% on this metric.

As of today (2026-08-31), Duluth Holdings's current share price is $3.67. Duluth Holdings's E10 for the quarter that ended in Apr. 2026 was $0.26. Duluth Holdings's Shiller PE Ratio for today is 14.12.

The historical rank and industry rank for Duluth Holdings's Shiller PE Ratio or its related term are showing as below:

DLTH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.71   Med: 6.42   Max: 18
Current: 14.01

During the past years, Duluth Holdings's highest Shiller PE Ratio was 18.00. The lowest was 3.71. And the median was 6.42.

DLTH's Shiller PE Ratio is ranked better than
62.5% of 584 companies
in the Retail - Cyclical industry
Industry Median: 17.68 vs DLTH: 14.01

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.

Duluth Holdings's adjusted earnings per share data for the three months ended in Apr. 2026 was $-0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.26 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Duluth Holdings  (NAS:DLTH) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Duluth Holdings Shiller PE Ratio Related Terms


Duluth Holdings Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Duluth Holdings's Shiller PE 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.

Duluth Holdings Shiller PE Ratio Chart

Duluth Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 6.37 8.09

Duluth Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shiller PE 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 4.28 5.41 7.75 8.09 12.60

DLTH vs TLYS, RENT, AKA: Shiller PE Ratio Comparison

For the Apparel Retail subindustry, Duluth Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Duluth Holdings's Shiller PE Ratio falls into.


DLTH
58GF Score
Duluth Holdings Inc DLTH
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Duluth Holdings Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Duluth Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.67/0.26
=14.12

* 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's E10 for the quarter that ended in Apr. 2026 is calculated as:

For example, Duluth Holdings's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.29/333.0200*333.0200
=-0.290

Current CPI (Apr. 2026) = 333.0200.

Duluth Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201607 0.110 240.628 0.152
201610 0.010 241.729 0.014
201701 0.430 242.839 0.590
201704 0.010 244.524 0.014
201707 0.130 244.786 0.177
201710 -0.030 246.663 -0.041
201801 0.600 247.867 0.806
201804 -0.020 250.546 -0.027
201807 0.200 252.006 0.264
201810 -0.100 252.885 -0.132
201901 0.640 251.712 0.847
201904 -0.230 255.548 -0.300
201907 0.060 256.571 0.078
201910 0.010 257.346 0.013
202001 0.750 257.971 0.968
202004 -0.470 256.389 -0.610
202007 0.183 259.101 0.235
202010 0.030 260.388 0.038
202101 0.670 261.582 0.853
202104 0.020 267.054 0.025
202107 0.270 273.003 0.329
202110 0.090 276.589 0.108
202201 0.530 281.148 0.628
202204 -0.040 289.109 -0.046
202207 0.070 296.276 0.079
202210 -0.190 298.012 -0.212
202301 0.230 299.170 0.256
202304 -0.120 303.363 -0.132
202307 -0.060 305.691 -0.065
202310 -0.320 307.671 -0.346
202401 0.210 308.417 0.227
202404 -0.240 313.548 -0.255
202407 -0.060 314.540 -0.064
202410 -0.840 315.664 -0.886
202501 -0.170 317.671 -0.178
202504 -0.450 320.795 -0.467
202507 0.040 323.048 0.041
202510 -0.290 0.000
202601 0.220 325.252 0.225
202604 -0.290 333.020 -0.290

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 14.12 mean?
Duluth Holdings (DLTH) has a Shiller PE Ratio of 14.12 as of Aug. 31, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Duluth Holdings and its competitors. This is 120% above median its historical median of 6.42. Over the past decade, Duluth Holdings' Shiller PE Ratio has ranged from 3.71 to 18.00. According to the industry distribution chart, Duluth Holdings ranks #219 out of 584 companies in the Retail - Cyclical industry, placing it in the top 37.5%.
Is Duluth Holdings' Shiller PE Ratio too high?
Duluth Holdings' current Shiller PE Ratio of 14.12 is 120% above median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 18.00. The Retail - Cyclical industry median Shiller PE Ratio is 17.68. Duluth Holdings' value of 14.12 is 20.1% below this industry median. Based on the distribution chart, Duluth Holdings ranks #219 out of 584 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 Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Duluth Holdings' Shiller PE Ratio compare to TLYS and RENT?
According to the Retail - Cyclical industry distribution chart, Duluth Holdings ranks #219 out of 584 companies for Shiller PE Ratio. This puts Duluth Holdings in the upper half of its industry. The industry median Shiller PE Ratio is 17.68. Duluth Holdings' value of 14.12 is 20.1% below this benchmark. Historically, Duluth Holdings' own Shiller PE Ratio has ranged from 3.71 to 18.00 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 17.68, 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 Shiller PE Ratio for a Retail - Cyclical company?
The median Shiller PE Ratio among Retail - Cyclical companies is 17.68, based on 584 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Duluth Holdings's current Shiller PE Ratio of 14.12 is 20.1% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Duluth Holdings and its competitors. For the Retail - Cyclical industry, the median Shiller PE Ratio is 17.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duluth Holdings's current Shiller PE Ratio is 14.12, which is 120% above median its own 10-year median of 6.42. 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 Modestly Overvalued. The stock's GF Value™ is $3.08, compared to a current price of $3.67 — trading 19.2% above its estimated fair value. The current Shiller PE Ratio is 14.12, which is 120% above median its 10-year median of 6.42 and 20.1% below the Retail - Cyclical industry median of 17.68. Duluth Holdings' overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Duluth Holdings (DLTH), the current Shiller PE Ratio is 14.12 as of Aug. 31, 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 $3.67 is trading 19.2% above its estimated GF Value™ of $3.08. GuruFocus considers Duluth Holdings to be Modestly Overvalued.

Key valuation signals for DLTH:

  • Shiller PE Ratio: 14.12 (120% above median its 10-year median of 6.42)
  • GF Value™: $3.08 vs. price of $3.67 (19.2% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 20.1% below the Retail - Cyclical median (#219 of 584)

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.
58GF Score

Get the complete analysis for DLTH

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

$3.67
Price
$3.08
GF Value