Guess (FRA:GU9) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

FRA:GU9 Guess Inc FRA:GU9
54 GF Score
Price €14.20
GF Value €25.38
! 5 Warning Signs
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What is Guess Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Guess  (FRA:GU9) 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.


Guess Cyclically Adjusted PB Ratio Related Terms


Guess Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guess'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.

Guess Cyclically Adjusted PB Ratio Chart

Guess Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.92 2.07 1.95 1.18

Guess Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 1.59 1.27 1.03 1.17 1.54

FRA:GU9 vs SFIX, SCVL, CRI: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Guess'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.


Guess Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


FRA:GU9
54GF Score
Guess Inc FRA:GU9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guess 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.

Guess's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2025 is calculated as:

For example, Guess's adjusted Book Value per Share data for the three months ended in Oct. 2025 was:

Adj_Book=Book Value per Share/CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=9.409/107.4300*107.4300
=9.409

Current CPI (Oct. 2025) = 107.4300.

Guess Quarterly Data

Book Value per Share CPI Adj_Book
201601 11.427 99.000 12.400
201604 10.668 99.804 11.483
201607 10.933 99.644 11.787
201610 10.950 99.656 11.804
201701 10.846 99.346 11.729
201704 10.422 100.241 11.169
201707 9.942 99.972 10.684
201710 9.798 100.314 10.493
201801 9.264 100.081 9.944
201804 8.990 101.046 9.558
201807 9.187 101.202 9.752
201810 9.101 101.425 9.640
201901 9.194 100.642 9.814
201904 7.094 101.762 7.489
201907 7.306 101.517 7.732
201910 8.064 101.168 8.563
202001 9.128 100.845 9.724
202004 6.623 100.680 7.067
202007 6.100 100.583 6.515
202010 6.509 100.591 6.952
202101 7.298 100.296 7.817
202104 7.435 101.010 7.908
202107 8.257 101.266 8.760
202110 8.824 101.840 9.308
202201 9.435 101.950 9.942
202204 7.047 103.584 7.309
202207 8.151 104.743 8.360
202210 8.570 104.891 8.777
202301 9.811 105.296 10.010
202304 8.511 106.241 8.606
202307 9.045 106.424 9.130
202310 9.824 106.667 9.894
202401 12.770 106.643 12.864
202404 10.625 107.694 10.599
202407 9.562 107.798 9.529
202410 8.780 107.332 8.788
202501 10.250 107.071 10.284
202504 9.025 107.731 9.000
202507 9.074 108.033 9.023
202510 9.409 107.430 9.409

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 Guess (FRA:GU9) Overvalued in 2026?

Based on GuruFocus' analysis, Guess stock appears to be undervalued. The current stock price of €14.20 is trading 44.1% below its estimated GF Value™ of €25.38.

Key valuation signals for FRA:GU9:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €25.38 vs. price of €14.20 (44.1% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the FRA:GU9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guess Business Description

Address Strada Regina 44, Bioggio, CHE, CH-6934
Guess Inc designs, markets, distributes and licenses lifestyle collections of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. The lines include full collections of clothing, including jeans, pants, skirts, dresses, active wear, shorts, blouses, shirts, jackets, knitwear, outerwear and intimate apparel. Its apparel is marketed under numerous trademarks, including GUESS, GUESS?, GUESS U.S.A., GUESS JEANS, GUESS? and Triangle Design, MARCIANO, Question Mark and Triangle Design, a stylized G and a stylized M, GUESS Kids, Baby GUESS, YES, G by GUESS (GbG), GUESS by MARCIANO and Gc.
54GF Score

Get the complete analysis for FRA:GU9

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

€14.20
Price
€25.38
GF Value