Boot Barn Holdings (STU:OBB) Cyclically Adjusted Book per Share: €18.30 (As of Mar. 2026)


STU:OBB Boot Barn Holdings Inc STU:OBB
96 GF Score
Price €141.05
GF Value €151.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Boot Barn Holdings Cyclically Adjusted Book per Share?

Boot Barn Holdings STU:OBB +2.54% 96 Cyclically Adjusted Book per Share is €18.30 as of Mar. 2026. GuruFocus rates STU:OBB with a GF Score™ of 96/100 and a GF Value™ of €151.42 (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.

Boot Barn Holdings's adjusted book value per share for the three months ended in Mar. 2026 was €37.541. 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 €18.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Boot Barn Holdings's average Cyclically Adjusted Book Growth Rate was 22.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.80% 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 Boot Barn Holdings was 21.80% per year. The lowest was 21.80% per year. And the median was 21.80% per year.

As of today (2026-07-11), Boot Barn Holdings's current stock price is €141.05. Boot Barn Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €18.30. Boot Barn Holdings's Cyclically Adjusted PB Ratio of today is 7.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boot Barn Holdings was 11.17. The lowest was 5.22. And the median was 7.84.


Boot Barn Holdings  (STU:OBB) 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.

Boot Barn Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=141.05/18.30
=7.71

* 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 Boot Barn Holdings was 11.17. The lowest was 5.22. And the median was 7.84.


Be Aware

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


Boot Barn Holdings Cyclically Adjusted Book per Share Related Terms


Boot Barn Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Boot Barn Holdings'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.

Boot Barn Holdings Cyclically Adjusted Book per Share Chart

Boot Barn Holdings Annual Data
Trend Mar17 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 0.00 10.83 12.91 16.00 18.30

Boot Barn Holdings 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 16.00 15.66 16.37 17.15 18.30

STU:OBB vs URBN, ANF, VSXY: Cyclically Adjusted Book per Share Comparison

For the Apparel Retail subindustry, Boot Barn Holdings'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.


Boot Barn Holdings Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boot Barn Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:OBB
96GF Score
Boot Barn Holdings Inc STU:OBB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boot Barn Holdings 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, Boot Barn Holdings'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)
=37.541/330.2130*330.2130
=37.541

Current CPI (Mar. 2026) = 330.2130.

Boot Barn Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.496 241.018 7.530
201609 5.544 241.428 7.583
201612 6.303 241.432 8.621
201703 6.333 243.801 8.578
201706 6.064 244.955 8.175
201709 5.767 246.819 7.716
201712 6.461 246.524 8.654
201803 6.375 249.554 8.435
201806 6.932 251.989 9.084
201809 7.108 252.439 9.298
201812 7.905 251.233 10.390
201903 8.247 254.202 10.713
201906 8.568 256.143 11.046
201909 9.064 256.759 11.657
201912 9.823 256.974 12.623
202003 10.106 258.115 12.929
202006 9.927 257.797 12.716
202009 9.707 260.280 12.315
202012 10.295 260.474 13.051
202103 11.340 264.877 14.137
202106 12.363 271.696 15.026
202109 13.819 274.310 16.635
202112 16.503 278.802 19.546
202203 18.343 287.504 21.068
202206 20.297 296.311 22.619
202209 22.833 296.808 25.403
202212 23.088 296.797 25.687
202303 24.271 301.836 26.553
202306 25.164 305.109 27.234
202309 26.373 307.789 28.294
202312 27.568 306.746 29.677
202403 28.610 312.332 30.248
202406 29.902 314.175 31.428
202409 30.008 315.301 31.427
202412 34.050 315.605 35.626
202503 34.197 319.799 35.311
202506 33.214 322.561 34.002
202509 33.661 324.800 34.222
202512 35.990 324.054 36.674
202603 37.541 330.213 37.541

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 €18.30 mean?
Boot Barn Holdings (STU:OBB) has a Cyclically Adjusted Book per Share of €18.30 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 Boot Barn Holdings and its competitors.
Is Boot Barn Holdings' Cyclically Adjusted Book per Share too high?
Boot Barn Holdings' current Cyclically Adjusted Book per Share is €18.30. Overall, Boot Barn Holdings has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boot Barn Holdings' Cyclically Adjusted Book per Share compare to URBN and ANF?
Boot Barn Holdings' Cyclically Adjusted Book per Share of €18.30 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 Boot Barn Holdings and its competitors. Boot Barn Holdings's current Cyclically Adjusted Book per Share is €18.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boot Barn Holdings stock overvalued right now?
Based on GuruFocus' analysis, Boot Barn Holdings (STU:OBB) is currently considered Fairly Valued. The stock's GF Value™ is €151.42, compared to a current price of €141.05 — trading 6.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is €18.30. Boot Barn Holdings' overall GF Score™ is 96/100 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 Boot Barn Holdings (STU:OBB), the current Cyclically Adjusted Book per Share is €18.30 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 Boot Barn Holdings (STU:OBB) Overvalued in 2026?

Based on GuruFocus' analysis, Boot Barn Holdings stock appears to be undervalued. The current stock price of €141.05 is trading 6.8% below its estimated GF Value™ of €151.42. GuruFocus considers Boot Barn Holdings to be Fairly Valued.

Key valuation signals for STU:OBB:

  • Cyclically Adjusted Book per Share: €18.30
  • GF Value™: €151.42 vs. price of €141.05 (6.8% below fair value)
  • GF Score™: 96/100 with 3 warning signs

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


Boot Barn Holdings Business Description

Other Exchanges BOOT:USA
Address 17100 Laguna Canyon Road, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores that sell western and work boots and related apparel and accessories. The Company operates retail locations throughout the U.S. and sells its merchandise via the Internet. The Company operates a total of approximately 539 stores in 49 states. All stores operated under the Boot Barn name.
96GF Score

Get the complete analysis for STU:OBB

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

€141.05
Price
€151.42
GF Value