American Eagle Outfitters (FRA:AFG) Cyclically Adjusted Book per Share: €7.81 (As of Apr. 2026)


FRA:AFG American Eagle Outfitters Inc FRA:AFG
79 GF Score
Price €14.77
GF Value €18.48
Valuation Modestly Undervalued
! 1 Warning Sign
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What is American Eagle Outfitters Cyclically Adjusted Book per Share?

American Eagle Outfitters FRA:AFG -5.32% 79 Cyclically Adjusted Book per Share is €7.81 as of Apr. 2026. GuruFocus rates FRA:AFG with a GF Score™ of 79/100 and a GF Value™ of €18.48 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

American Eagle Outfitters's adjusted book value per share for the three months ended in Apr. 2026 was €8.394. 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 €7.81 for the trailing ten years ended in Apr. 2026.

During the past 12 months, American Eagle Outfitters's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of American Eagle Outfitters was 30.10% per year. The lowest was -0.10% per year. And the median was 5.00% per year.

As of today (2026-06-30), American Eagle Outfitters's current stock price is €14.77. American Eagle Outfitters's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €7.81. American Eagle Outfitters's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American Eagle Outfitters was 5.32. The lowest was 0.93. And the median was 2.20.


American Eagle Outfitters  (FRA:AFG) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

American Eagle Outfitters's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.77/7.81
=1.89

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American Eagle Outfitters was 5.32. The lowest was 0.93. And the median was 2.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


American Eagle Outfitters Cyclically Adjusted Book per Share Related Terms


American Eagle Outfitters Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for American Eagle Outfitters's Cyclically Adjusted Book per Share 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.

American Eagle Outfitters Cyclically Adjusted Book per Share Chart

American Eagle Outfitters Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.63 7.00 7.62 8.48 7.47

American Eagle Outfitters Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Book per Share 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 7.73 8.07 7.64 7.47 7.81

FRA:AFG vs BKE, ANF, CRI: Cyclically Adjusted Book per Share Comparison

For the Apparel Retail subindustry, American Eagle Outfitters'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.


American Eagle Outfitters Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, American Eagle Outfitters's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where American Eagle Outfitters's Cyclically Adjusted PB Ratio falls into.


FRA:AFG
79GF Score
American Eagle Outfitters Inc FRA:AFG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Eagle Outfitters Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, American Eagle Outfitters's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=8.394/333.0200*333.0200
=8.394

Current CPI (Apr. 2026) = 333.0200.

American Eagle Outfitters Quarterly Data

Book Value per Share CPI Adj_Book
201607 5.505 240.628 7.619
201610 5.851 241.729 8.061
201701 6.225 242.839 8.537
201704 5.894 244.524 8.027
201707 5.508 244.786 7.493
201710 5.590 246.663 7.547
201801 5.766 247.867 7.747
201804 5.584 250.546 7.422
201807 6.084 252.006 8.040
201810 6.389 252.885 8.414
201901 6.541 251.712 8.654
201904 6.430 255.548 8.379
201907 6.486 256.571 8.419
201910 6.824 257.346 8.831
202001 6.733 257.971 8.692
202004 5.542 256.389 7.198
202007 5.227 259.101 6.718
202010 5.465 260.388 6.989
202101 5.364 261.582 6.829
202104 5.861 267.054 7.309
202107 6.406 273.003 7.814
202110 7.140 276.589 8.597
202201 7.460 281.148 8.836
202204 7.559 289.109 8.707
202207 7.205 296.276 8.099
202210 7.922 298.012 8.853
202301 7.608 299.170 8.469
202304 7.478 303.363 8.209
202307 7.658 305.691 8.343
202310 8.333 307.671 9.020
202401 8.096 308.417 8.742
202404 8.314 313.548 8.830
202407 8.136 314.540 8.614
202410 8.346 315.664 8.805
202501 9.032 317.671 9.468
202504 7.572 320.795 7.861
202507 7.817 323.048 8.058
202510 8.236 0.000
202601 8.528 325.252 8.732
202604 8.394 333.020 8.394

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

What does a Cyclically Adjusted Book per Share of €7.81 mean?
American Eagle Outfitters (FRA:AFG) has a Cyclically Adjusted Book per Share of €7.81 as of Apr. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on American Eagle Outfitters and its competitors.
Is American Eagle Outfitters' Cyclically Adjusted Book per Share too high?
American Eagle Outfitters' current Cyclically Adjusted Book per Share is €7.81. Overall, American Eagle Outfitters has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Eagle Outfitters' Cyclically Adjusted Book per Share compare to BKE and ANF?
American Eagle Outfitters' Cyclically Adjusted Book per Share of €7.81 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on American Eagle Outfitters and its competitors. American Eagle Outfitters's current Cyclically Adjusted Book per Share is €7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Eagle Outfitters stock overvalued right now?
Based on GuruFocus' analysis, American Eagle Outfitters (FRA:AFG) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.48, compared to a current price of €14.77 — trading 20.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €7.81. American Eagle Outfitters' overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For American Eagle Outfitters (FRA:AFG), the current Cyclically Adjusted Book per Share is €7.81 as of Apr. 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 American Eagle Outfitters (FRA:AFG) Overvalued in 2026?

Based on GuruFocus' analysis, American Eagle Outfitters stock appears to be undervalued. The current stock price of €14.77 is trading 20.1% below its estimated GF Value™ of €18.48. GuruFocus considers American Eagle Outfitters to be Modestly Undervalued.

Key valuation signals for FRA:AFG:

  • Cyclically Adjusted Book per Share: €7.81
  • GF Value™: €18.48 vs. price of €14.77 (20.1% below fair value)
  • GF Score™: 79/100 with 1 warning sign

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


American Eagle Outfitters Business Description

Address 77 Hot Metal Street, Pittsburgh, PA, USA, 15203-2329
American Eagle Outfitters Inc is a specialty retailer. The company is engaged in the retail of apparel and accessories with company stores in the United States, Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has its online business. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel, accessories, and personal care products for women and men. Geographically, it generates the majority of its revenue from the United States.
79GF Score

Get the complete analysis for FRA:AFG

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.77
Price
€18.48
GF Value