Columbia Sportswear Co (FRA:CUW) Cyclically Adjusted PB Ratio: 2.05 (As of Jul. 19, 2026) — 38% Below Median

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FRA:CUW Columbia Sportswear Co FRA:CUW
82 GF Score
Price €55.50
GF Value €74.61
! 7 Warning Signs
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What is Columbia Sportswear Co Cyclically Adjusted PB Ratio?

Columbia Sportswear Co FRA:CUW +1.83% 82 Cyclically Adjusted PB Ratio is 2.05 as of Jul. 19, 2026, which is 38% below its 10-year median of 3.29. GuruFocus rates FRA:CUW with a GF Score™ of 82/100 and a GF Value™ of €74.61. The stock has 7 warning signs investors should review. Among 882 Manufacturing - Apparel & Accessories companies, Columbia Sportswear Co ranks worse than 71.66% on this metric.

As of today (2026-07-19), Columbia Sportswear Co's current share price is €55.50. Columbia Sportswear Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €27.13. Columbia Sportswear Co's Cyclically Adjusted PB Ratio for today is 2.05.

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

FRA:CUW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 3.29   Max: 5.42
Current: 1.96

During the past years, Columbia Sportswear Co's highest Cyclically Adjusted PB Ratio was 5.42. The lowest was 1.54. And the median was 3.29.

FRA:CUW's Cyclically Adjusted PB Ratio is ranked worse than
71.66% of 882 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.01 vs FRA:CUW: 1.96

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.

Columbia Sportswear Co's adjusted book value per share data for the three months ended in Mar. 2026 was €26.757. 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 €27.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbia Sportswear Co  (FRA:CUW) 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.


Columbia Sportswear Co Cyclically Adjusted PB Ratio Related Terms


Columbia Sportswear Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Columbia Sportswear 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.

Columbia Sportswear Co Cyclically Adjusted PB Ratio Chart

Columbia Sportswear Co 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 3.93 3.21 2.74 2.75 1.73

Columbia Sportswear Co 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 2.43 1.94 1.65 1.73 1.69

FRA:CUW vs PVH, ZGN, UAA: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Columbia Sportswear 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.


Columbia Sportswear Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


FRA:CUW
82GF Score
Columbia Sportswear Co FRA:CUW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Columbia Sportswear 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.

Columbia Sportswear Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.50/27.13
=2.05

* 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.

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

For example, Columbia Sportswear Co'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)
=26.757/330.2130*330.2130
=26.757

Current CPI (Mar. 2026) = 330.2130.

Columbia Sportswear Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.118 241.018 24.823
201609 19.145 241.428 26.186
201612 21.176 241.432 28.963
201703 21.058 243.801 28.522
201706 19.755 244.955 26.631
201709 19.567 246.819 26.178
201712 19.581 246.524 26.228
201803 19.161 249.554 25.354
201806 20.063 251.989 26.291
201809 20.604 252.439 26.952
201812 21.559 251.233 28.336
201903 22.280 254.202 28.942
201906 21.674 256.143 27.942
201909 23.480 256.759 30.197
201912 24.637 256.974 31.659
202003 23.223 258.115 29.710
202006 22.188 257.797 28.421
202009 22.091 260.280 28.026
202012 22.740 260.474 28.828
202103 23.621 264.877 29.447
202106 23.359 271.696 28.390
202109 24.401 274.310 29.374
202112 27.016 278.802 31.998
202203 26.237 287.504 30.135
202206 26.384 296.311 29.403
202209 29.514 296.808 32.836
202212 29.408 296.797 32.719
202303 29.307 301.836 32.062
202306 28.200 305.109 30.520
202309 29.341 307.789 31.479
202312 29.630 306.746 31.897
202403 29.538 312.332 31.229
202406 28.841 314.175 30.313
202409 28.126 315.301 29.456
202412 30.224 315.605 31.623
202503 28.667 319.799 29.601
202506 26.181 322.561 26.802
202509 26.098 324.800 26.533
202512 27.301 324.054 27.820
202603 26.757 330.213 26.757

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 2.05 mean?
Columbia Sportswear Co (FRA:CUW) has a Cyclically Adjusted PB Ratio of 2.05 as of Jul. 19, 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 Columbia Sportswear Co and its competitors. This is 38% below median its historical median of 3.29. Over the past decade, Columbia Sportswear Co's Cyclically Adjusted PB Ratio has ranged from 1.54 to 5.42. According to the industry distribution chart, Columbia Sportswear Co ranks #632 out of 882 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.7%.
Is Columbia Sportswear Co's Cyclically Adjusted PB Ratio too high?
Columbia Sportswear Co's current Cyclically Adjusted PB Ratio of 2.05 is 38% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 5.42. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.01. Columbia Sportswear Co's value of 2.05 is 103% above this industry median. Based on the distribution chart, Columbia Sportswear Co ranks #632 out of 882 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Columbia Sportswear Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Columbia Sportswear Co's Cyclically Adjusted PB Ratio compare to PVH and ZGN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Columbia Sportswear Co ranks #632 out of 882 companies for Cyclically Adjusted PB Ratio. This places Columbia Sportswear Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Columbia Sportswear Co's value of 2.05 is 103% above this benchmark. Historically, Columbia Sportswear Co's own Cyclically Adjusted PB Ratio has ranged from 1.54 to 5.42 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 1.01, Columbia Sportswear Co 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 1.01, 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. Columbia Sportswear Co's current Cyclically Adjusted PB Ratio of 2.05 is 103% 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 Columbia Sportswear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Columbia Sportswear Co's current Cyclically Adjusted PB Ratio is 2.05, which is 38% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbia Sportswear Co stock overvalued right now?
Columbia Sportswear Co (FRA:CUW) has a current Cyclically Adjusted PB Ratio of 2.05. The stock's GF Value™ is €74.61, compared to a current price of €55.50 — trading 25.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.05, which is 38% below median its 10-year median of 3.29 and 103% above the Manufacturing - Apparel & Accessories industry median of 1.01. Columbia Sportswear Co's overall GF Score™ is 82/100 with 7 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 Columbia Sportswear Co (FRA:CUW), the current Cyclically Adjusted PB Ratio is 2.05 as of Jul. 19, 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 Columbia Sportswear Co (FRA:CUW) Overvalued in 2026?

Based on GuruFocus' analysis, Columbia Sportswear Co stock appears to be undervalued. The current stock price of €55.50 is trading 25.6% below its estimated GF Value™ of €74.61.

Key valuation signals for FRA:CUW:

  • Cyclically Adjusted PB Ratio: 2.05 (38% below median its 10-year median of 3.29)
  • GF Value™: €74.61 vs. price of €55.50 (25.6% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 103% above the Manufacturing - Apparel & Accessories median (#632 of 882)

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


Columbia Sportswear Co Business Description

Other Exchanges COLM:USA
Address 14375 Northwest Science Park Drive, Portland, OR, USA, 97229
Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has remarkable sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. The majority of sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. It sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia to manufacture its various products.
82GF Score

Get the complete analysis for FRA:CUW

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

€55.50
Price
€74.61
GF Value