Crocs (FRA:C7N) Cyclically Adjusted PB Ratio: 9.97 (As of Aug. 03, 2026) — Near Median

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FRA:C7N Crocs Inc FRA:C7N
86 GF Score
Price €111.00
GF Value €105.36
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Crocs Cyclically Adjusted PB Ratio?

Crocs FRA:C7N +4.72% 86 Cyclically Adjusted PB Ratio is 9.97 as of Aug. 03, 2026, which is 6% above its 10-year median of 9.40. GuruFocus rates FRA:C7N with a GF Score™ of 86/100 and a GF Value™ of €105.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 859 Manufacturing - Apparel & Accessories companies, Crocs ranks worse than 97.09% on this metric.

As of today (2026-08-03), Crocs's current share price is €111.00. Crocs's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.13. Crocs's Cyclically Adjusted PB Ratio for today is 9.97.

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

FRA:C7N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 9.4   Max: 35.48
Current: 10.05

During the past years, Crocs's highest Cyclically Adjusted PB Ratio was 35.48. The lowest was 1.10. And the median was 9.40.

FRA:C7N's Cyclically Adjusted PB Ratio is ranked worse than
97.09% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs FRA:C7N: 10.05

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.

Crocs's adjusted book value per share data for the three months ended in Jun. 2026 was €24.969. 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 €11.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crocs  (FRA:C7N) 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.


Crocs Cyclically Adjusted PB Ratio Related Terms


Crocs Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Crocs'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.

Crocs Cyclically Adjusted PB Ratio Chart

Crocs 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 25.60 20.03 14.17 12.45 7.61

Crocs 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 9.96 7.79 7.61 6.90 9.47

FRA:C7N vs BIRK, SHOO, WWW: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Crocs'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.


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

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

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


FRA:C7N
86GF Score
Crocs Inc FRA:C7N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crocs 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=111.00/11.13
=9.97

* 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.

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

For example, Crocs'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)
=24.969/333.9520*333.9520
=24.969

Current CPI (Jun. 2026) = 333.9520.

Crocs Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.325 241.428 4.599
201612 2.839 241.432 3.927
201703 2.959 243.801 4.053
201706 3.008 244.955 4.101
201709 2.766 246.819 3.742
201712 2.283 246.524 3.093
201803 2.179 249.554 2.916
201806 2.492 251.989 3.303
201809 2.498 252.439 3.305
201812 1.802 251.233 2.395
201903 1.511 254.202 1.985
201906 1.423 256.143 1.855
201909 1.556 256.759 2.024
201912 1.741 256.974 2.263
202003 1.264 258.115 1.635
202006 2.064 257.797 2.674
202009 2.869 260.280 3.681
202012 3.625 260.474 4.648
202103 4.203 264.877 5.299
202106 4.772 271.696 5.865
202109 4.877 274.310 5.937
202112 0.214 278.802 0.256
202203 5.147 287.504 5.979
202206 7.555 296.311 8.515
202209 10.326 296.808 11.618
202212 12.514 296.797 14.081
202303 14.590 301.836 16.142
202306 17.692 305.109 19.364
202309 18.497 307.789 20.069
202312 22.037 306.746 23.992
202403 24.207 312.332 25.883
202406 25.769 314.175 27.391
202409 26.570 315.301 28.142
202412 31.029 315.605 32.833
202503 32.500 319.799 33.938
202506 22.484 322.561 23.278
202509 22.178 324.800 22.803
202512 22.001 324.054 22.673
202603 24.476 330.213 24.753
202606 24.969 333.952 24.969

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 9.97 mean?
Crocs (FRA:C7N) has a Cyclically Adjusted PB Ratio of 9.97 as of Aug. 03, 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 Crocs and its competitors. This is near median its historical median of 9.40. Over the past decade, Crocs' Cyclically Adjusted PB Ratio has ranged from 1.10 to 35.48. According to the industry distribution chart, Crocs ranks #834 out of 859 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97.1%.
Is Crocs' Cyclically Adjusted PB Ratio too high?
Crocs' current Cyclically Adjusted PB Ratio of 9.97 is near median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 35.48. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.96. Crocs' value of 9.97 is 938.5% above this industry median. Based on the distribution chart, Crocs ranks #834 out of 859 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Crocs has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Crocs' Cyclically Adjusted PB Ratio compare to BIRK and SHOO?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Crocs ranks #834 out of 859 companies for Cyclically Adjusted PB Ratio. This places Crocs in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Crocs' value of 9.97 is 938.5% above this benchmark. Historically, Crocs' own Cyclically Adjusted PB Ratio has ranged from 1.10 to 35.48 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 0.96, Crocs 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. Crocs's current Cyclically Adjusted PB Ratio of 9.97 is 938.5% 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 Crocs 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. Crocs's current Cyclically Adjusted PB Ratio is 9.97, which is near median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crocs stock overvalued right now?
Based on GuruFocus' analysis, Crocs (FRA:C7N) is currently considered Fairly Valued. The stock's GF Value™ is €105.36, compared to a current price of €111.00 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.97, which is near median its 10-year median of 9.40 and 938.5% above the Manufacturing - Apparel & Accessories industry median of 0.96. Crocs' overall GF Score™ is 86/100 with 6 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 Crocs (FRA:C7N), the current Cyclically Adjusted PB Ratio is 9.97 as of Aug. 03, 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 Crocs (FRA:C7N) Overvalued in 2026?

Based on GuruFocus' analysis, Crocs stock appears to be overvalued. The current stock price of €111.00 is trading 5.4% above its estimated GF Value™ of €105.36. GuruFocus considers Crocs to be Fairly Valued.

Key valuation signals for FRA:C7N:

  • Cyclically Adjusted PB Ratio: 9.97 (near median its 10-year median of 9.40)
  • GF Value™: €105.36 vs. price of €111.00 (5.4% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 938.5% above the Manufacturing - Apparel & Accessories median (#834 of 859)

No single metric tells the full story. See the FRA:C7N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crocs Business Description

Address 500 Eldorado Boulevard, Building 5, Broomfield, CO, USA, 80021
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable operating segments of the company are the Crocs Brand and the HEYDUDE Brand. The company derives maximum revenue from the Crocs brand segment.
86GF Score

Get the complete analysis for FRA:C7N

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

€111.00
Price
€105.36
GF Value