Topcon rl-60b
Hopefully it's the simple answer. The bubble vial may be out. start where the level vial says is level, and move outwards in slow circles to try and find a place the laser thinks is level. if you find a spot, use the 3 adjustment screws on the bottom of the bubble vial to make that your new center.
Otherwise, it's a not good news. A couple things could be gone wrong. The oil bath compensator could have leaked. If you open the laser, and it's oily inside, throw it away.
It could be the peep site could need adjusting, or the laser diode could be blown. If the laser diode is dead, same solution as the compensator leaking. There are no parts available for these anymore, chuck it out.
The peep site isn't a write off, per se. The laser operates by shooting the beam through a oil bath, which compensates for the instrument not being perfectly level, and then through a splitting lens. part of the beam travels up, and through the rotating head. And the rest goes through a peep site, to a light reflecting area of the main circuit board. if the board or peep site is no longer aligned, the laser will never think it's level. The bad news about that, it is a very tricky and time consuming repair, that few technicians know how to do, or if they do know how are most aren't comfortable doing it.
You can try taking the cover off, leveling the instrument, powering it up and trying to move the circuit board until the laser thinks it's level, but i wouldn't waste much time on it.