JOUT (Johnson Outdoors) Cyclically Adjusted Book per Share: $43.91 (As of Mar. 2026)


JOUT Johnson Outdoors Inc JOUT
72 GF Score
Price $46.14
GF Value $44.35
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Johnson Outdoors Cyclically Adjusted Book per Share?

Johnson Outdoors JOUT +0.13% 72 Cyclically Adjusted Book per Share is $43.91 as of Mar. 2026. GuruFocus rates JOUT with a GF Score™ of 72/100 and a GF Value™ of $44.35 (Fairly Valued). The stock has 3 warning signs 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.

Johnson Outdoors's adjusted book value per share for the three months ended in Mar. 2026 was $39.989. 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 $43.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Johnson Outdoors's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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 Johnson Outdoors was 14.90% per year. The lowest was -0.70% per year. And the median was 1.90% per year.

As of today (2026-06-26), Johnson Outdoors's current stock price is $46.14. Johnson Outdoors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $43.91. Johnson Outdoors's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Johnson Outdoors was 5.90. The lowest was 0.53. And the median was 2.29.


Johnson Outdoors  (NAS:JOUT) 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.

Johnson Outdoors's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.14/43.91
=1.05

* 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 Johnson Outdoors was 5.90. The lowest was 0.53. And the median was 2.29.


Be Aware

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


Johnson Outdoors Cyclically Adjusted Book per Share Related Terms


Johnson Outdoors Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Johnson Outdoors'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.

Johnson Outdoors Cyclically Adjusted Book per Share Chart

Johnson Outdoors Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.07 32.98 36.72 39.76 42.58

Johnson Outdoors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 41.19 41.96 42.58 42.81 43.91

JOUT vs FNKO, ESCA, JAKK: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Johnson Outdoors'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.


Johnson Outdoors Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JOUT
72GF Score
Johnson Outdoors Inc JOUT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Johnson Outdoors 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, Johnson Outdoors's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=39.989/330.2130*330.2130
=39.989

Current CPI (Mar. 2026) = 330.2130.

Johnson Outdoors Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.248 241.018 29.111
201609 20.770 241.428 28.408
201612 20.715 241.432 28.332
201703 22.143 243.801 29.991
201706 24.004 244.955 32.359
201709 24.310 246.819 32.524
201712 24.212 246.524 32.431
201803 26.132 249.554 34.578
201806 28.214 251.989 36.972
201809 27.922 252.439 36.524
201812 27.854 251.233 36.610
201903 29.920 254.202 38.867
201906 32.137 256.143 41.430
201909 32.398 256.759 41.666
201912 32.794 256.974 42.140
202003 34.424 258.115 44.039
202006 35.849 257.797 45.919
202009 37.491 260.280 47.564
202012 39.420 260.474 49.974
202103 41.879 264.877 52.209
202106 44.665 271.696 54.285
202109 45.276 274.310 54.503
202112 45.940 278.802 54.411
202203 46.674 287.504 53.607
202206 47.603 296.311 53.049
202209 47.882 296.808 53.271
202212 48.259 296.797 53.692
202303 49.479 301.836 54.131
202306 50.770 305.109 54.947
202309 48.750 307.789 52.302
202312 48.996 306.746 52.744
202403 48.548 312.332 51.327
202406 48.396 314.175 50.867
202409 44.984 315.301 47.111
202412 42.630 315.605 44.603
202503 42.553 319.799 43.939
202506 43.431 322.561 44.461
202509 40.337 324.800 41.009
202512 39.563 324.054 40.315
202603 39.989 330.213 39.989

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 $43.91 mean?
Johnson Outdoors (JOUT) has a Cyclically Adjusted Book per Share of $43.91 as of Mar. 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 Johnson Outdoors and its competitors.
Is Johnson Outdoors' Cyclically Adjusted Book per Share too high?
Johnson Outdoors' current Cyclically Adjusted Book per Share is $43.91. Overall, Johnson Outdoors has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Johnson Outdoors' Cyclically Adjusted Book per Share compare to FNKO and ESCA?
Johnson Outdoors' Cyclically Adjusted Book per Share of $43.91 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Johnson Outdoors and its competitors. Johnson Outdoors's current Cyclically Adjusted Book per Share is $43.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Outdoors stock overvalued right now?
Based on GuruFocus' analysis, Johnson Outdoors (JOUT) is currently considered Fairly Valued. The stock's GF Value™ is $44.35, compared to a current price of $46.14 — trading 4% above its estimated fair value. The current Cyclically Adjusted Book per Share is $43.91. Johnson Outdoors' overall GF Score™ is 72/100 with 3 warning signs 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 Johnson Outdoors (JOUT), the current Cyclically Adjusted Book per Share is $43.91 as of Mar. 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 Johnson Outdoors (JOUT) Overvalued in 2026?

Based on GuruFocus' analysis, Johnson Outdoors stock appears to be overvalued. The current stock price of $46.14 is trading 4% above its estimated GF Value™ of $44.35. GuruFocus considers Johnson Outdoors to be Fairly Valued.

Key valuation signals for JOUT:

  • Cyclically Adjusted Book per Share: $43.91
  • GF Value™: $44.35 vs. price of $46.14 (4% above fair value)
  • GF Score™: 72/100 with 3 warning signs

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


Johnson Outdoors Business Description

Address 555 Main Street, Racine, WI, USA, 53403
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
72GF Score

Get the complete analysis for JOUT

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

$46.14
Price
$44.35
GF Value