DESLF (Descente) Cyclically Adjusted PB Ratio: 37,023,503.75 (As of Aug. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

DESLF Descente Ltd DESLF
12 GF Score
Price $358,757,751.30
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What is Descente Cyclically Adjusted PB Ratio?

Descente DESLF 12 Cyclically Adjusted PB Ratio is 37,023,503.75 as of Aug. 16, 2026. GuruFocus rates DESLF with a GF Score™ of 12/100.

As of today (2026-08-16), Descente's current share price is $358757751.30. Descente's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $9.69. Descente's Cyclically Adjusted PB Ratio for today is 37,023,503.75.

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

DESLF's Cyclically Adjusted PB Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.985
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Descente's adjusted book value per share data for the three months ended in Sep. 2024 was $11.279. 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 $9.69 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Descente  (OTCPK:DESLF) 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.


Descente Cyclically Adjusted PB Ratio Related Terms


Descente Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Descente'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.

Descente Cyclically Adjusted PB Ratio Chart

Descente Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Descente Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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DESLF vs RL, VFC, LEVI: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Descente'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.


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

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

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


DESLF
12GF Score
Descente Ltd DESLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Descente 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.

Descente's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=358757751.30/9.69
=37,023,503.75

* 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.

Descente's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Descente's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.279/108.9000*108.9000
=11.279

Current CPI (Sep. 2024) = 108.9000.

Descente Quarterly Data

Book Value per Share CPI Adj_Book
201412 6.744 97.900 7.502
201503 7.196 97.900 8.005
201506 6.997 98.400 7.744
201509 7.529 98.500 8.324
201512 7.373 98.100 8.185
201603 8.198 97.900 9.119
201606 8.451 98.100 9.381
201609 8.519 98.000 9.467
201612 7.697 98.400 8.518
201703 8.339 98.100 9.257
201706 8.531 98.500 9.432
201709 8.687 98.800 9.575
201712 8.756 99.400 9.593
201803 9.872 99.200 10.837
201806 9.145 99.200 10.039
201809 9.080 99.900 9.898
201812 9.284 99.700 10.141
201903 9.368 99.700 10.232
201906 9.356 99.800 10.209
201909 9.430 100.100 10.259
201912 9.088 100.500 9.848
202003 8.900 100.300 9.663
202006 8.370 99.900 9.124
202009 8.664 99.900 9.445
202012 9.654 99.300 10.587
202103 9.520 99.900 10.378
202106 9.653 99.500 10.565
202109 9.867 100.100 10.734
202112 9.701 100.100 10.554
202203 9.700 101.100 10.448
202206 8.886 101.800 9.506
202209 8.885 103.100 9.385
202212 9.772 104.100 10.223
202303 9.894 104.400 10.320
202306 9.366 105.200 9.695
202309 9.525 106.200 9.767
202312 10.162 106.800 10.362
202403 10.022 107.200 10.181
202406 0.000 108.200 0.000
202409 11.279 108.900 11.279

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 37,023,503.75 mean?
Descente (DESLF) has a Cyclically Adjusted PB Ratio of 37,023,503.75 as of Aug. 16, 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 Descente and its competitors.
Is Descente's Cyclically Adjusted PB Ratio too high?
Descente's current Cyclically Adjusted PB Ratio is 37,023,503.75. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. Descente's value of 37,023,503.75 is 3758731245.2% above this industry median. Overall, Descente has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Descente's Cyclically Adjusted PB Ratio compare to RL and VFC?
Descente's Cyclically Adjusted PB Ratio of 37,023,503.75 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Descente's value of 37,023,503.75 is 3758731245.2% above this benchmark. 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 0.99, based on 814 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. Descente's current Cyclically Adjusted PB Ratio of 37,023,503.75 is 3758731245.2% 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 Descente and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Descente's current Cyclically Adjusted PB Ratio is 37,023,503.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Descente stock overvalued right now?
Descente (DESLF) has a current Cyclically Adjusted PB Ratio of 37,023,503.75. The current Cyclically Adjusted PB Ratio is 37,023,503.75 and 3758731245.2% above the Manufacturing - Apparel & Accessories industry median of 0.99. Descente's overall GF Score™ is 12/100. 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 Descente (DESLF), the current Cyclically Adjusted PB Ratio is 37,023,503.75 as of Aug. 16, 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.

Descente Business Description

Address 1-4-8 Mejiro, Toshima-ku, Tokyo, JPN, 171-8580
Descente Ltd is a Japanese based company engages in the manufacture and sale of sportswear, sporting goods, and related articles. The company markets its products under brands such as Descente, Le coq Sportif, Umbro, Arena, Musingwear, Skins, Marmot, Lanvin sport, Srixon, Avia, Ryka, Shiseist, Cutter and Buck, Inov-8 and other.
12GF Score

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

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