DECK (Deckers Outdoor) Cyclically Adjusted PB Ratio: 8.94 (As of Aug. 04, 2026) — Near Median

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DECK Deckers Outdoor Corp DECK
93 GF Score
Price $100.17
GF Value $146.94
Valuation Significantly Undervalued
View Full Analysis

What is Deckers Outdoor Cyclically Adjusted PB Ratio?

Deckers Outdoor DECK +0.67% 93 Cyclically Adjusted PB Ratio is 8.94 as of Aug. 04, 2026, which is 6% above its 10-year median of 8.41. GuruFocus rates DECK with a GF Score™ of 93/100 and a GF Value™ of $146.94 (Significantly Undervalued). Among 859 Manufacturing - Apparel & Accessories companies, Deckers Outdoor ranks worse than 96.51% on this metric.

As of today (2026-08-04), Deckers Outdoor's current share price is $100.17. Deckers Outdoor's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.20. Deckers Outdoor's Cyclically Adjusted PB Ratio for today is 8.94.

The historical rank and industry rank for Deckers Outdoor's Cyclically Adjusted PB Ratio or its related term are showing as below:

DECK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.44   Med: 8.41   Max: 24.05
Current: 8.88

During the past years, Deckers Outdoor's highest Cyclically Adjusted PB Ratio was 24.05. The lowest was 2.44. And the median was 8.41.

DECK's Cyclically Adjusted PB Ratio is ranked worse than
96.51% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs DECK: 8.88

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.

Deckers Outdoor's adjusted book value per share data for the three months ended in Jun. 2026 was $16.834. 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 $11.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deckers Outdoor  (NYSE:DECK) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Deckers Outdoor Cyclically Adjusted PB Ratio Related Terms


Deckers Outdoor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Deckers Outdoor's Cyclically Adjusted PB Ratio 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.

Deckers Outdoor Cyclically Adjusted PB Ratio Chart

Deckers Outdoor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.16 10.24 18.75 11.88 9.24

Deckers Outdoor Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 10.56 10.03 10.01 9.24 8.86

DECK vs ONON, BIRK, CROX: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Deckers Outdoor'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.


Deckers Outdoor Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


DECK
93GF Score
Deckers Outdoor Corp DECK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deckers Outdoor Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Deckers Outdoor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.17/11.20
=8.94

* 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.

Deckers Outdoor's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Deckers Outdoor'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)
=16.834/333.9520*333.9520
=16.834

Current CPI (Jun. 2026) = 333.9520.

Deckers Outdoor Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.973 241.428 6.879
201612 5.068 241.432 7.010
201703 4.972 243.801 6.811
201706 4.759 244.955 6.488
201709 5.040 246.819 6.819
201712 5.421 246.524 7.344
201803 5.150 249.554 6.892
201806 4.951 251.989 6.561
201809 4.805 252.439 6.357
201812 5.824 251.233 7.742
201903 5.977 254.202 7.852
201906 5.727 256.143 7.467
201909 5.459 256.759 7.100
201912 6.693 256.974 8.698
202003 6.787 258.115 8.781
202006 6.766 257.797 8.765
202009 7.377 260.280 9.465
202012 8.999 260.474 11.538
202103 8.624 264.877 10.873
202106 8.549 271.696 10.508
202109 8.850 274.310 10.774
202112 9.573 278.802 11.467
202203 9.505 287.504 11.041
202206 9.226 296.311 10.398
202209 9.540 296.808 10.734
202212 11.187 296.797 12.587
202303 11.243 301.836 12.439
202306 11.492 305.109 12.578
202309 11.587 307.789 12.572
202312 13.672 306.746 14.885
202403 13.724 312.332 14.674
202406 13.598 314.175 14.454
202409 14.626 315.301 15.491
202412 17.335 315.605 18.343
202503 16.731 319.799 17.471
202506 16.611 322.561 17.198
202509 16.880 324.800 17.356
202512 18.334 324.054 18.894
202603 17.857 330.213 18.059
202606 16.834 333.952 16.834

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

What does a Cyclically Adjusted PB Ratio of 8.94 mean?
Deckers Outdoor (DECK) has a Cyclically Adjusted PB Ratio of 8.94 as of Aug. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Deckers Outdoor and its competitors. This is near median its historical median of 8.41. Over the past decade, Deckers Outdoor's Cyclically Adjusted PB Ratio has ranged from 2.44 to 24.05. According to the industry distribution chart, Deckers Outdoor ranks #829 out of 859 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.5%.
Is Deckers Outdoor's Cyclically Adjusted PB Ratio too high?
Deckers Outdoor's current Cyclically Adjusted PB Ratio of 8.94 is near median its 10-year median of 8.41. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 24.05. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.96. Deckers Outdoor's value of 8.94 is 831.3% above this industry median. Based on the distribution chart, Deckers Outdoor ranks #829 out of 859 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Deckers Outdoor has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deckers Outdoor's Cyclically Adjusted PB Ratio compare to ONON and BIRK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Deckers Outdoor ranks #829 out of 859 companies for Cyclically Adjusted PB Ratio. This places Deckers Outdoor in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Deckers Outdoor's value of 8.94 is 831.3% above this benchmark. Historically, Deckers Outdoor's own Cyclically Adjusted PB Ratio has ranged from 2.44 to 24.05 over the past decade. While the company's 10-year median is 8.41 vs. the industry median of 0.96, Deckers Outdoor has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.96, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deckers Outdoor's current Cyclically Adjusted PB Ratio of 8.94 is 831.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Deckers Outdoor and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deckers Outdoor's current Cyclically Adjusted PB Ratio is 8.94, which is near median its own 10-year median of 8.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deckers Outdoor stock overvalued right now?
Based on GuruFocus' analysis, Deckers Outdoor (DECK) is currently considered Significantly Undervalued. The stock's GF Value™ is $146.94, compared to a current price of $100.17 — trading 31.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.94, which is near median its 10-year median of 8.41 and 831.3% above the Manufacturing - Apparel & Accessories industry median of 0.96. Deckers Outdoor's overall GF Score™ is 93/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Deckers Outdoor (DECK), the current Cyclically Adjusted PB Ratio is 8.94 as of Aug. 04, 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 Deckers Outdoor (DECK) Overvalued in 2026?

Based on GuruFocus' analysis, Deckers Outdoor stock appears to be undervalued. The current stock price of $100.17 is trading 31.8% below its estimated GF Value™ of $146.94. GuruFocus considers Deckers Outdoor to be Significantly Undervalued.

Key valuation signals for DECK:

  • Cyclically Adjusted PB Ratio: 8.94 (near median its 10-year median of 8.41)
  • GF Value™: $146.94 vs. price of $100.17 (31.8% below fair value)
  • GF Score™: 93/100
  • Industry Position: 831.3% above the Manufacturing - Apparel & Accessories median (#829 of 859)

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


Deckers Outdoor Business Description

Address 250 Coromar Drive, Goleta, CA, USA, 93117
Founded in 1973, California-based Deckers designs and sells casual and performance footwear, apparel, and accessories. In fiscal 2026, Ugg and Hoka accounted for 50% and 47% of total sales, respectively. The firm also markets a niche sandal brand Teva. Deckers produces most of its sales through wholesale partnerships but also operates e-commerce in more than 50 countries and has more than 200 company-operated stores, about half of which are outlets. The firm generated 58% of its fiscal 2026 sales in the United States.
93GF Score

Get the complete analysis for DECK

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

$100.17
Price
$146.94
GF Value