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LDOS (Leidos Holdings) Cyclically Adjusted PB Ratio : 5.51 (As of Jul. 08, 2025)


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What is Leidos Holdings Cyclically Adjusted PB Ratio?

As of today (2025-07-08), Leidos Holdings's current share price is $163.48. Leidos Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $29.69. Leidos Holdings's Cyclically Adjusted PB Ratio for today is 5.51.

The historical rank and industry rank for Leidos Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

LDOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 3.43   Max: 6.96
Current: 5.54

During the past years, Leidos Holdings's highest Cyclically Adjusted PB Ratio was 6.96. The lowest was 0.93. And the median was 3.43.

LDOS's Cyclically Adjusted PB Ratio is ranked worse than
73.72% of 1507 companies
in the Software industry
Industry Median: 2.74 vs LDOS: 5.54

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Leidos Holdings's adjusted book value per share data for the three months ended in Mar. 2025 was $33.073. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $29.69 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leidos Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Leidos Holdings's Cyclically Adjusted 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.

* Premium members only.

Leidos Holdings Cyclically Adjusted PB Ratio Chart

Leidos Holdings Annual Data
Trend Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 3.45 3.90 3.97 4.98

Leidos Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 4.71 5.18 5.72 4.98 4.54

Competitive Comparison of Leidos Holdings's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Leidos Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Leidos Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Leidos Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Leidos Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Leidos Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=163.48/29.69
=5.51

* 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.

Leidos Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Leidos Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=33.073/134.9266*134.9266
=33.073

Current CPI (Mar. 2025) = 134.9266.

Leidos Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201501 13.486 98.604 18.454
201506 12.764 100.684 17.105
201509 13.250 100.392 17.808
201603 15.164 100.470 20.364
201606 15.397 101.688 20.430
201609 20.773 101.861 27.516
201612 20.900 101.863 27.684
201703 21.040 102.862 27.599
201706 21.351 103.349 27.875
201709 21.815 104.136 28.265
201712 22.318 104.011 28.952
201803 22.572 105.290 28.926
201806 22.773 106.317 28.901
201809 23.027 106.507 29.171
201812 22.658 105.998 28.842
201903 22.875 107.251 28.778
201906 23.326 108.070 29.123
201909 23.021 108.329 28.673
201912 24.206 108.420 30.124
202003 23.627 108.902 29.273
202006 24.915 108.767 30.907
202009 26.099 109.815 32.067
202012 27.136 109.897 33.316
202103 27.825 111.754 33.594
202106 28.866 114.631 33.977
202109 29.393 115.734 34.267
202112 30.650 117.630 35.157
202203 28.869 121.301 32.112
202206 29.226 125.017 31.543
202209 29.825 125.227 32.135
202212 31.380 125.222 33.812
202303 32.182 127.348 34.097
202306 33.555 128.729 35.171
202309 30.151 129.860 31.327
202312 30.943 129.419 32.260
202403 31.518 131.776 32.272
202406 33.071 132.554 33.663
202409 34.604 133.029 35.098
202412 33.637 133.157 34.084
202503 33.073 134.927 33.073

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Leidos Holdings  (NYSE:LDOS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Leidos Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Leidos Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Leidos Holdings Business Description

Industry
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in four reportable segments; National Security & Digital, Health & Civil, Commercial & International and Defense Systems. It provides a wide array of scientific, engineering and technical services and solutions across these reportable segments.
Executives
Gregory R Dahlberg director 11951 FREEDOM DRIVE, RESTON VA 20190
Kovarik Robert C Jr director C/O ALLIANCE BANKSHARES CORPORATION, 14200 PARK MEADOW DR #200S, CHANTILLY VA 20151
Noel B Williams director 1750 PRESIDENTS STREET, RESTON VA 20190
Roy E Stevens officer: Chief of Business Development 11951 FREEDOM DRIVE, RESTON VA 20190
Surya N Mohapatra director 3 GIRALDA FARMS, MADISON NJ 07940
Gary Stephen May director 11951 FREEDOM DRIVE, RESTON VA 20190
Thomas Arthur Bell director, officer: CEO 1750 PRESIDENTS STREET, RESTON VA 20190
Susan M Stalnecker director TWO N NINTHST, ALLENTOWN PA 18101
David G Fubini director D.G. FUBINI CONSULTANTS, LLC, 80 SEARS ROAD, BROOKLINE MA 02445
Miriam E John director 7011 EAST AVENUE, LIVERMORE CA 94550
James Robert Moos officer: Group President 11951 FREEDOM DRIVE, RESTON VA 20190
Cindy Gruensfelder officer: Executive Vice President 1750 PRESIDENTS STREET, RESTON VA 20190
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Howe Jerald S Jr officer: Executive VP & General Counsel
Robert S Shapard director P O BOX 696000, SANANTONIO TX 782696000