Abercrombie & Fitch Co (FRA:AFT) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:AFT Abercrombie & Fitch Co FRA:AFT
83 GF Score
Price €118.00
GF Value €100.16
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Abercrombie & Fitch Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Abercrombie & Fitch Co  (FRA:AFT) 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.


Abercrombie & Fitch Co Cyclically Adjusted PB Ratio Related Terms


Abercrombie & Fitch Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Abercrombie & Fitch Co'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.

Abercrombie & Fitch Co Cyclically Adjusted PB Ratio Chart

Abercrombie & Fitch Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.35 5.01 6.00 3.85

Abercrombie & Fitch Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 4.54 3.25 4.09 3.69 4.28

FRA:AFT vs URBN, VSXY, GAP: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Abercrombie & Fitch Co'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.


Abercrombie & Fitch Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio falls into.


FRA:AFT
83GF Score
Abercrombie & Fitch Co FRA:AFT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abercrombie & Fitch Co 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.

Abercrombie & Fitch Co's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Abercrombie & Fitch Co's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=28.054/333.9180*333.9180
=28.054

Current CPI (Jul. 2026) = 333.9180.

Abercrombie & Fitch Co Quarterly Data

Book Value per Share CPI Adj_Book
201610 16.438 241.729 22.707
201701 17.098 242.839 23.511
201704 15.943 244.524 21.772
201707 14.528 244.786 19.818
201710 14.746 246.663 19.962
201801 14.743 247.867 19.861
201804 14.510 250.546 19.338
201807 14.642 252.006 19.401
201810 15.204 252.885 20.076
201901 16.036 251.712 21.273
201904 14.796 255.548 19.334
201907 14.270 256.571 18.572
201910 14.202 257.346 18.428
202001 15.395 257.971 19.927
202004 11.698 256.389 15.235
202007 11.026 259.101 14.210
202010 11.818 260.388 15.155
202101 12.522 261.582 15.985
202104 12.741 267.054 15.931
202107 13.661 273.003 16.709
202110 13.913 276.589 16.797
202201 14.097 281.148 16.743
202204 13.245 289.109 15.298
202207 13.340 296.276 15.035
202210 13.547 298.012 15.179
202301 13.277 299.170 14.819
202304 12.767 303.363 14.053
202307 14.087 305.691 15.388
202310 16.445 307.671 17.848
202401 19.141 308.417 20.724
202404 19.970 313.548 21.267
202407 22.098 314.540 23.459
202410 23.049 315.664 24.382
202501 26.137 317.671 27.474
202504 22.205 320.795 23.113
202507 24.266 323.048 25.083
202510 25.156 0.000
202601 26.530 325.252 27.237
202604 25.977 333.020 26.047
202607 28.054 333.918 28.054

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.

Is Abercrombie & Fitch Co (FRA:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Abercrombie & Fitch Co stock appears to be overvalued. The current stock price of €118.00 is trading 17.8% above its estimated GF Value™ of €100.16. GuruFocus considers Abercrombie & Fitch Co to be Modestly Overvalued.

Key valuation signals for FRA:AFT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €100.16 vs. price of €118.00 (17.8% above fair value)
  • GF Score™: 83/100 with 5 warning signs

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


Abercrombie & Fitch Co Business Description

Address 6301 Fitch Path, New Albany, OH, USA, 43054
Abercrombie & Fitch Co is a digitally led, omnichannel retailer offering apparel, personal care products, and accessories for men, women, and kids through company-owned stores, digital channels, and third-party arrangements. The company operates through three geographic segments: Americas, the maximum revenue generator; Europe, the Middle East and Africa (EMEA); and Asia-Pacific (APAC). Its brand families include Abercrombie brands and Hollister brands. The Americas segment covers North and South America, EMEA includes Europe, the Middle East and Africa, and APAC includes the Asia-Pacific region, including Asia and Oceania.
83GF Score

Get the complete analysis for FRA:AFT

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

€118.00
Price
€100.16
GF Value