RCKY (Rocky Brands) Cyclically Adjusted Book per Share: $29.64 (As of Mar. 2026)

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RCKY Rocky Brands Inc RCKY
66 GF Score
Price $40.91
GF Value $28.24
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Rocky Brands Cyclically Adjusted Book per Share?

Rocky Brands RCKY +0.02% 66 Cyclically Adjusted Book per Share is $29.64 as of Mar. 2026. GuruFocus rates RCKY with a GF Score™ of 66/100 and a GF Value™ of $28.24 (Significantly Overvalued). The stock has 8 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.

Rocky Brands's adjusted book value per share for the three months ended in Mar. 2026 was $33.512. 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 $29.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rocky Brands's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Rocky Brands was 10.20% per year. The lowest was -0.10% per year. And the median was 4.30% per year.

As of today (2026-07-21), Rocky Brands's current stock price is $40.91. Rocky Brands's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $29.64. Rocky Brands's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rocky Brands was 3.18. The lowest was 0.46. And the median was 1.16.


Rocky Brands  (NAS:RCKY) 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.

Rocky Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.91/29.64
=1.38

* 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 Rocky Brands was 3.18. The lowest was 0.46. And the median was 1.16.


Be Aware

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


Rocky Brands Cyclically Adjusted Book per Share Related Terms


Rocky Brands Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rocky Brands'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.

Rocky Brands Cyclically Adjusted Book per Share Chart

Rocky Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.25 24.48 25.99 27.44 28.90

Rocky Brands 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 27.98 28.39 28.77 28.90 29.64

RCKY vs DBI, FWDI, WEYS: Cyclically Adjusted Book per Share Comparison

For the Footwear & Accessories subindustry, Rocky Brands'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.


Rocky Brands Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


RCKY
66GF Score
Rocky Brands Inc RCKY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rocky Brands 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, Rocky Brands'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)
=33.512/330.2130*330.2130
=33.512

Current CPI (Mar. 2026) = 330.2130.

Rocky Brands Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.383 241.018 25.186
201609 18.364 241.428 25.117
201612 18.204 241.432 24.898
201703 18.271 243.801 24.747
201706 18.351 244.955 24.738
201709 18.576 246.819 24.852
201712 19.069 246.524 25.542
201803 19.418 249.554 25.694
201806 19.657 251.989 25.759
201809 20.221 252.439 26.451
201812 20.572 251.233 27.039
201903 20.936 254.202 27.196
201906 21.239 256.143 27.381
201909 21.867 256.759 28.123
201912 22.387 256.974 28.767
202003 22.440 258.115 28.708
202006 22.652 257.797 29.015
202009 23.561 260.280 29.891
202012 24.766 260.474 31.397
202103 25.253 264.877 31.482
202106 25.689 271.696 31.222
202109 25.503 274.310 30.700
202112 27.096 278.802 32.092
202203 27.965 287.504 32.119
202206 27.959 296.311 31.158
202209 28.589 296.808 31.807
202212 29.360 296.797 32.666
202303 29.167 301.836 31.909
202306 28.655 305.109 31.013
202309 29.428 307.789 31.572
202312 30.161 306.746 32.468
202403 30.371 312.332 32.110
202406 30.062 314.175 31.597
202409 30.642 315.301 32.091
202412 31.154 315.605 32.596
202503 31.698 319.799 32.730
202506 32.042 322.561 32.802
202509 32.866 324.800 33.414
202512 33.589 324.054 34.227
202603 33.512 330.213 33.512

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 $29.64 mean?
Rocky Brands (RCKY) has a Cyclically Adjusted Book per Share of $29.64 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 Rocky Brands and its competitors.
Is Rocky Brands' Cyclically Adjusted Book per Share too high?
Rocky Brands' current Cyclically Adjusted Book per Share is $29.64. Overall, Rocky Brands has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rocky Brands' Cyclically Adjusted Book per Share compare to DBI and FWDI?
Rocky Brands' Cyclically Adjusted Book per Share of $29.64 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 Rocky Brands and its competitors. Rocky Brands's current Cyclically Adjusted Book per Share is $29.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocky Brands stock overvalued right now?
Based on GuruFocus' analysis, Rocky Brands (RCKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.24, compared to a current price of $40.91 — trading 44.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $29.64. Rocky Brands' overall GF Score™ is 66/100 with 8 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 Rocky Brands (RCKY), the current Cyclically Adjusted Book per Share is $29.64 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 Rocky Brands (RCKY) Overvalued in 2026?

Based on GuruFocus' analysis, Rocky Brands stock appears to be overvalued. The current stock price of $40.91 is trading 44.9% above its estimated GF Value™ of $28.24. GuruFocus considers Rocky Brands to be Significantly Overvalued.

Key valuation signals for RCKY:

  • Cyclically Adjusted Book per Share: $29.64
  • GF Value™: $28.24 vs. price of $40.91 (44.9% above fair value)
  • GF Score™: 66/100 with 8 warning signs

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


Rocky Brands Business Description

Other Exchanges RCK:Germany
Address 39 East Canal Street, Nelsonville, OH, USA, 45764
Rocky Brands Inc is a designer, manufacturer, and marketer of premium footwear and apparel under brands such as Muck, XTRATUF, Rocky, Durango, Georgia Boot, Lehigh, Ranger, and the licensed brand Michelin. The company operates through three segments, with the wholesale segment generating the majority of revenue through sales of footwear and accessories to sporting goods stores, outdoor specialty stores, online retailers, marine stores, independent retailers, mass merchants, retail uniform stores, and specialty safety shoe stores. The retail segment focuses on direct-to-consumer sales through e-commerce platforms and company-operated stores, while the contract manufacturing segment includes sales to the U.S. military, private label production, and sourcing arrangements for customers.
66GF Score

Get the complete analysis for RCKY

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

$40.91
Price
$28.24
GF Value