Guess (GES) 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.
Reviewed by: Charlie Tian Charlie Tian
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.

GES Guess Inc GES
55 GF Score
Price $16.81
GF Value $30.05
! 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  (NYSE:GES) 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 1.97 1.97 1.96 1.88 1.11

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 1.56 1.20 1.04 1.21 1.60

GES 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.


GES
55GF Score
Guess Inc GES
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)
=10.86/107.4300*107.4300
=10.860

Current CPI (Oct. 2025) = 107.4300.

Guess Quarterly Data

Book Value per Share CPI Adj_Book
201601 12.364 99.000 13.417
201604 12.218 99.804 13.152
201607 12.226 99.644 13.181
201610 12.003 99.656 12.939
201701 11.722 99.346 12.676
201704 11.350 100.241 12.164
201707 11.722 99.972 12.596
201710 11.414 100.314 12.224
201801 11.541 100.081 12.388
201804 10.862 101.046 11.548
201807 10.749 101.202 11.411
201810 10.312 101.425 10.923
201901 10.549 100.642 11.261
201904 7.951 101.762 8.394
201907 8.134 101.517 8.608
201910 8.997 101.168 9.554
202001 10.115 100.845 10.775
202004 7.254 100.680 7.740
202007 7.213 100.583 7.704
202010 7.582 100.591 8.098
202101 8.867 100.296 9.498
202104 8.950 101.010 9.519
202107 9.791 101.266 10.387
202110 10.211 101.840 10.771
202201 10.577 101.950 11.146
202204 7.435 103.584 7.711
202207 8.311 104.743 8.524
202210 8.470 104.891 8.675
202301 10.656 105.296 10.872
202304 9.396 106.241 9.501
202307 9.972 106.424 10.066
202310 10.384 106.667 10.458
202401 13.872 106.643 13.974
202404 11.361 107.694 11.333
202407 10.347 107.798 10.312
202410 9.532 107.332 9.541
202501 10.655 107.071 10.691
202504 10.259 107.731 10.230
202507 10.386 108.033 10.328
202510 10.860 107.430 10.860

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 (GES) Overvalued in 2026?

Based on GuruFocus' analysis, Guess stock appears to be undervalued. The current stock price of $16.81 is trading 44.1% below its estimated GF Value™ of $30.05.

Key valuation signals for GES:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $30.05 vs. price of $16.81 (44.1% below fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the GES 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.
55GF Score

Get the complete analysis for GES

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

$16.81
Price
$30.05
GF Value