FOSL (Fossil Group) Cyclically Adjusted PB Ratio: 0.38 (As of Jul. 04, 2026) — 10% Below Median


FOSL Fossil Group Inc FOSL
48 GF Score
Price $4.23
GF Value $1.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fossil Group Cyclically Adjusted PB Ratio?

Fossil Group FOSL 48 Cyclically Adjusted PB Ratio is 0.38 as of Jul. 04, 2026, which is 10% below its 10-year median of 0.42. GuruFocus rates FOSL with a GF Score™ of 48/100 and a GF Value™ of $1.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 882 Manufacturing - Apparel & Accessories companies, Fossil Group ranks better than 82.09% on this metric.

As of today (2026-07-04), Fossil Group's current share price is $4.23. Fossil Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $11.03. Fossil Group's Cyclically Adjusted PB Ratio for today is 0.38.

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

FOSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.42   Max: 2.12
Current: 0.38

During the past years, Fossil Group's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.05. And the median was 0.42.

FOSL's Cyclically Adjusted PB Ratio is ranked better than
82.09% of 882 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.995 vs FOSL: 0.38

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.

Fossil Group's adjusted book value per share data for the three months ended in Mar. 2026 was $1.697. 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 $11.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fossil Group  (NAS:FOSL) 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.


Fossil Group Cyclically Adjusted PB Ratio Related Terms


Fossil Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fossil Group'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.

Fossil Group Cyclically Adjusted PB Ratio Chart

Fossil Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.26 0.10 0.13 0.33

Fossil Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.09 0.12 0.21 0.33 0.39

FOSL vs FWDI, RCKY, DBI: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Fossil Group'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.


Fossil Group Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


FOSL
48GF Score
Fossil Group Inc FOSL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fossil Group 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.

Fossil Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.23/11.03
=0.38

* 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.

Fossil Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fossil Group'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)
=1.697/330.2130*330.2130
=1.697

Current CPI (Mar. 2026) = 330.2130.

Fossil Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.641 241.018 26.910
201609 20.209 241.428 27.641
201612 20.846 241.432 28.512
201703 20.056 243.801 27.165
201706 13.255 244.955 17.868
201709 13.216 246.819 17.681
201712 11.844 246.524 15.865
201803 10.664 249.554 14.111
201806 10.437 251.989 13.677
201809 10.665 252.439 13.951
201812 11.825 251.233 15.542
201903 10.963 254.202 14.241
201906 10.686 256.143 13.776
201909 10.090 256.759 12.977
201912 9.958 256.974 12.796
202003 8.213 258.115 10.507
202006 7.721 257.797 9.890
202009 8.242 260.280 10.456
202012 8.530 260.474 10.814
202103 7.914 264.877 9.866
202106 7.824 271.696 9.509
202109 8.456 274.310 10.179
202112 8.883 278.802 10.521
202203 8.350 287.504 9.590
202206 7.668 296.311 8.545
202209 7.584 296.808 8.438
202212 7.831 296.797 8.713
202303 7.120 301.836 7.789
202306 6.473 305.109 7.006
202309 5.357 307.789 5.747
202312 4.844 306.746 5.215
202403 4.364 312.332 4.614
202406 3.613 314.175 3.797
202409 3.092 315.301 3.238
202412 2.792 315.605 2.921
202503 2.639 319.799 2.725
202506 2.794 322.561 2.860
202509 2.091 324.800 2.126
202512 1.762 324.054 1.795
202603 1.697 330.213 1.697

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 0.38 mean?
Fossil Group (FOSL) has a Cyclically Adjusted PB Ratio of 0.38 as of Jul. 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 Fossil Group and its competitors. This is 10% below median its historical median of 0.42. Over the past decade, Fossil Group's Cyclically Adjusted PB Ratio has ranged from 0.05 to 2.12. According to the industry distribution chart, Fossil Group ranks #158 out of 882 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.9%.
Is Fossil Group's Cyclically Adjusted PB Ratio too high?
Fossil Group's current Cyclically Adjusted PB Ratio of 0.38 is 10% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 2.12. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.00. Fossil Group's value of 0.38 is 61.8% below this industry median. Based on the distribution chart, Fossil Group ranks #158 out of 882 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Fossil Group has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fossil Group's Cyclically Adjusted PB Ratio compare to FWDI and RCKY?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fossil Group ranks #158 out of 882 companies for Cyclically Adjusted PB Ratio. This places Fossil Group in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.00. Fossil Group's value of 0.38 is 61.8% below this benchmark. Historically, Fossil Group's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 2.12 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.00, Fossil Group has consistently been below 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 1.00, based on 882 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. Fossil Group's current Cyclically Adjusted PB Ratio of 0.38 is 61.8% below 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 Fossil Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fossil Group's current Cyclically Adjusted PB Ratio is 0.38, which is 10% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fossil Group stock overvalued right now?
Based on GuruFocus' analysis, Fossil Group (FOSL) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.18, compared to a current price of $4.23 — trading 258.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 10% below median its 10-year median of 0.42 and 61.8% below the Manufacturing - Apparel & Accessories industry median of 1.00. Fossil Group's overall GF Score™ is 48/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Fossil Group (FOSL), the current Cyclically Adjusted PB Ratio is 0.38 as of Jul. 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 Fossil Group (FOSL) Overvalued in 2026?

Based on GuruFocus' analysis, Fossil Group stock appears to be overvalued. The current stock price of $4.23 is trading 258.5% above its estimated GF Value™ of $1.18. GuruFocus considers Fossil Group to be Significantly Overvalued.

Key valuation signals for FOSL:

  • Cyclically Adjusted PB Ratio: 0.38 (10% below median its 10-year median of 0.42)
  • GF Value™: $1.18 vs. price of $4.23 (258.5% above fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 61.8% below the Manufacturing - Apparel & Accessories median (#158 of 882)

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


Fossil Group Business Description

Other Exchanges FSL:GermanyFOSL:Austria
Address 901 S. Central Expressway, Richardson, TX, USA, 75080
Fossil Group Inc is a design, innovation, and distribution company in consumer fashion accessories, offering products such as watches, jewelry, handbags, small leather goods, belts, and sunglasses. It designs, develops, markets, and distributes products under its owned brands FOSSIL, SKAGEN, MICHELE, RELIC, and ZODIAC. It operates through Americas, Europe, and Asia segments, each including sales to wholesale and distributor customers, as well as Company-owned retail stores and e-commerce activities based on the location of the selling entity. The Americas segment contributes the majority of revenue and includes sales across Canada, Latin America, and the United States, while the Europe and Asia segments cover their respective regions. Each segment provides similar products and services.
48GF Score

Get the complete analysis for FOSL

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

$4.23
Price
$1.18
GF Value