VF (MEX:VFC) Cyclically Adjusted Book per Share: MXN162.51 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:VFC VF Corp MEX:VFC
60 GF Score
Price MXN263.00
GF Value MXN262.46
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is VF Cyclically Adjusted Book per Share?

VF MEX:VFC 60 Cyclically Adjusted Book per Share is MXN162.51 as of Jun. 2026. GuruFocus rates MEX:VFC with a GF Score™ of 60/100 and a GF Value™ of MXN262.46 (Fairly Valued). The stock has 4 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.

VF's adjusted book value per share for the three months ended in Jun. 2026 was MXN78.325. 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 MXN162.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, VF's average Cyclically Adjusted Book Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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 VF was 9.50% per year. The lowest was -7.70% per year. And the median was 5.95% per year.

As of today (2026-08-03), VF's current stock price is MXN263.00. VF's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN162.51. VF's Cyclically Adjusted PB Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of VF was 8.39. The lowest was 0.96. And the median was 4.65.


VF  (MEX:VFC) 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.

VF's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=263.00/162.51
=1.62

* 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 VF was 8.39. The lowest was 0.96. And the median was 4.65.


Be Aware

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


VF Cyclically Adjusted Book per Share Related Terms


VF Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for VF'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.

VF Cyclically Adjusted Book per Share Chart

VF Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 297.86 317.04 185.16 245.50 192.48

VF Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 203.93 192.22 196.55 192.48 162.51

MEX:VFC vs KTB, LEVI, ZGN: Cyclically Adjusted Book per Share Comparison

For the Apparel Manufacturing subindustry, VF'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.


VF Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VF's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:VFC
60GF Score
VF Corp MEX:VFC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VF 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, VF's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=78.325/333.9520*333.9520
=78.325

Current CPI (Jun. 2026) = 333.9520.

VF Quarterly Data

Book Value per Share CPI Adj_Book
201609 227.754 241.428 315.038
201612 246.048 241.432 340.337
201703 202.328 243.801 277.143
201706 167.489 244.955 228.341
201709 181.130 246.819 245.073
201712 184.570 246.524 250.026
201803 169.926 249.554 227.394
201806 185.368 251.989 245.662
201809 196.843 252.439 260.404
201812 213.524 251.233 283.827
201903 210.124 254.202 276.046
201906 200.411 256.143 261.290
201909 230.035 256.759 299.194
201912 218.349 256.974 283.757
202003 202.470 258.115 261.958
202006 172.541 257.797 223.511
202009 166.844 260.280 214.069
202012 159.659 260.474 204.698
202103 159.389 264.877 200.955
202106 165.994 271.696 204.030
202109 188.391 274.310 229.352
202112 192.720 278.802 230.842
202203 181.028 287.504 210.274
202206 173.609 296.311 195.663
202209 159.734 296.808 179.724
202212 166.520 296.797 187.366
202303 134.989 301.836 149.352
202306 119.783 305.109 131.106
202309 98.992 307.789 107.407
202312 92.079 306.746 100.246
202403 70.782 312.332 75.682
202406 65.333 314.175 69.446
202409 71.135 315.301 75.343
202412 89.958 315.605 95.188
202503 78.083 319.799 81.539
202506 62.303 322.561 64.503
202509 69.386 324.800 71.341
202512 82.157 324.054 84.666
202603 85.203 330.213 86.168
202606 78.325 333.952 78.325

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 MXN162.51 mean?
VF (MEX:VFC) has a Cyclically Adjusted Book per Share of MXN162.51 as of Jun. 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 VF and its competitors.
Is VF's Cyclically Adjusted Book per Share too high?
VF's current Cyclically Adjusted Book per Share is MXN162.51. Overall, VF has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VF's Cyclically Adjusted Book per Share compare to KTB and LEVI?
VF's Cyclically Adjusted Book per Share of MXN162.51 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 VF and its competitors. VF's current Cyclically Adjusted Book per Share is MXN162.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VF stock overvalued right now?
Based on GuruFocus' analysis, VF (MEX:VFC) is currently considered Fairly Valued. The stock's GF Value™ is MXN262.46, compared to a current price of MXN263.00 — trading 0.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN162.51. VF's overall GF Score™ is 60/100 with 4 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 VF (MEX:VFC), the current Cyclically Adjusted Book per Share is MXN162.51 as of Jun. 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 VF (MEX:VFC) Overvalued in 2026?

Based on GuruFocus' analysis, VF stock appears to be overvalued. The current stock price of MXN263.00 is trading 0.2% above its estimated GF Value™ of MXN262.46. GuruFocus considers VF to be Fairly Valued.

Key valuation signals for MEX:VFC:

  • Cyclically Adjusted Book per Share: MXN162.51
  • GF Value™: MXN262.46 vs. price of MXN263.00 (0.2% above fair value)
  • GF Score™: 60/100 with 4 warning signs

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


VF Business Description

Address 1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of 10 brands includes Vans, The North Face, Timberland, and Altra. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and divestitures.
60GF Score

Get the complete analysis for MEX:VFC

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

MXN263.00
Price
MXN262.46
GF Value