GOLF (Acushnet Holdings) Cyclically Adjusted PB Ratio: 7.58 (As of Jul. 18, 2026) — 40% Above Median

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GOLF Acushnet Holdings Corp GOLF
79 GF Score
Price $114.78
GF Value $79.47
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Acushnet Holdings Cyclically Adjusted PB Ratio?

Acushnet Holdings GOLF -1.24% 79 Cyclically Adjusted PB Ratio is 7.58 as of Jul. 18, 2026, which is 40% above its 10-year median of 5.41. GuruFocus rates GOLF with a GF Score™ of 79/100 and a GF Value™ of $79.47 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 647 Travel & Leisure companies, Acushnet Holdings ranks worse than 92.12% on this metric.

As of today (2026-07-18), Acushnet Holdings's current share price is $114.78. Acushnet Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $15.14. Acushnet Holdings's Cyclically Adjusted PB Ratio for today is 7.58.

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

GOLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.22   Med: 5.41   Max: 7.8
Current: 7.67

During the past years, Acushnet Holdings's highest Cyclically Adjusted PB Ratio was 7.80. The lowest was 4.22. And the median was 5.41.

GOLF's Cyclically Adjusted PB Ratio is ranked worse than
92.12% of 647 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs GOLF: 7.67

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.

Acushnet Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was $14.093. 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 $15.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acushnet Holdings  (NYSE:GOLF) 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.


Acushnet Holdings Cyclically Adjusted PB Ratio Related Terms


Acushnet Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Acushnet Holdings'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.

Acushnet Holdings Cyclically Adjusted PB Ratio Chart

Acushnet Holdings 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 0.00 0.00 0.00 5.07 5.47

Acushnet Holdings 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 4.85 5.10 5.46 5.47 6.17

GOLF vs LTH, PLNT, MAT: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Acushnet Holdings'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.


Acushnet Holdings Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GOLF
79GF Score
Acushnet Holdings Corp GOLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acushnet Holdings 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.

Acushnet Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.78/15.14
=7.58

* 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.

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

For example, Acushnet Holdings'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)
=14.093/330.2130*330.2130
=14.093

Current CPI (Mar. 2026) = 330.2130.

Acushnet Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.443 241.018 12.938
201609 3.471 241.428 4.747
201612 9.932 241.432 13.584
201703 10.326 243.801 13.986
201706 10.721 244.955 14.453
201709 10.888 246.819 14.567
201712 11.027 246.524 14.770
201803 11.428 249.554 15.122
201806 11.757 251.989 15.407
201809 11.838 252.439 15.485
201812 11.970 251.233 15.733
201903 12.082 254.202 15.695
201906 12.332 256.143 15.898
201909 12.523 256.759 16.106
201912 12.339 256.974 15.856
202003 11.972 258.115 15.316
202006 12.141 257.797 15.551
202009 12.994 260.280 16.485
202012 13.298 260.474 16.858
202103 14.189 264.877 17.689
202106 15.181 271.696 18.451
202109 15.435 274.310 18.581
202112 14.376 278.802 17.027
202203 14.795 287.504 16.993
202206 15.003 296.311 16.720
202209 14.492 296.808 16.123
202212 13.927 296.797 15.495
202303 14.654 301.836 16.032
202306 15.272 305.109 16.529
202309 14.433 307.789 15.485
202312 13.625 306.746 14.667
202403 13.964 312.332 14.763
202406 13.899 314.175 14.609
202409 14.125 315.301 14.793
202412 12.695 315.605 13.283
202503 13.126 319.799 13.553
202506 13.567 322.561 13.889
202509 14.529 324.800 14.771
202512 13.424 324.054 13.679
202603 14.093 330.213 14.093

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 7.58 mean?
Acushnet Holdings (GOLF) has a Cyclically Adjusted PB Ratio of 7.58 as of Jul. 18, 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 Acushnet Holdings and its competitors. This is 40% above median its historical median of 5.41. Over the past decade, Acushnet Holdings' Cyclically Adjusted PB Ratio has ranged from 4.22 to 7.80. According to the industry distribution chart, Acushnet Holdings ranks #596 out of 647 companies in the Travel & Leisure industry, placing it in the top 92.1%.
Is Acushnet Holdings' Cyclically Adjusted PB Ratio too high?
Acushnet Holdings' current Cyclically Adjusted PB Ratio of 7.58 is 40% above median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 7.80. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. Acushnet Holdings' value of 7.58 is 516.3% above this industry median. Based on the distribution chart, Acushnet Holdings ranks #596 out of 647 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Acushnet Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acushnet Holdings' Cyclically Adjusted PB Ratio compare to LTH and PLNT?
According to the Travel & Leisure industry distribution chart, Acushnet Holdings ranks #596 out of 647 companies for Cyclically Adjusted PB Ratio. This places Acushnet Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Acushnet Holdings' value of 7.58 is 516.3% above this benchmark. Historically, Acushnet Holdings' own Cyclically Adjusted PB Ratio has ranged from 4.22 to 7.80 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 1.23, Acushnet Holdings 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.23, based on 647 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. Acushnet Holdings's current Cyclically Adjusted PB Ratio of 7.58 is 516.3% 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 Acushnet Holdings and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acushnet Holdings's current Cyclically Adjusted PB Ratio is 7.58, which is 40% above median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acushnet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Acushnet Holdings (GOLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $79.47, compared to a current price of $114.78 — trading 44.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.58, which is 40% above median its 10-year median of 5.41 and 516.3% above the Travel & Leisure industry median of 1.23. Acushnet Holdings' overall GF Score™ is 79/100 with 9 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 Acushnet Holdings (GOLF), the current Cyclically Adjusted PB Ratio is 7.58 as of Jul. 18, 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 Acushnet Holdings (GOLF) Overvalued in 2026?

Based on GuruFocus' analysis, Acushnet Holdings stock appears to be overvalued. The current stock price of $114.78 is trading 44.4% above its estimated GF Value™ of $79.47. GuruFocus considers Acushnet Holdings to be Significantly Overvalued.

Key valuation signals for GOLF:

  • Cyclically Adjusted PB Ratio: 7.58 (40% above median its 10-year median of 5.41)
  • GF Value™: $79.47 vs. price of $114.78 (44.4% above fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 516.3% above the Travel & Leisure median (#596 of 647)

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


Acushnet Holdings Business Description

Other Exchanges 163:Germany
Address 333 Bridge Street, Fairhaven, MA, USA, 02719
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, and others. These products are offered through different brands such as Titleist, FootJoy, Scotty Cemeron, Vokey Design, Pinnacle, KJUS, and others. The company's reportable segments are Titleist golf equipment, FootJoy golf wear, and Gofl gear. A majority of its revenue is generated by the Titleist golf equipment segment. Geographically, the company generates maximum revenue from the United States, followed by Europe, Middle East and Asia (EMEA), Japan, Korea, and the Rest of the world.
79GF Score

Get the complete analysis for GOLF

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

$114.78
Price
$79.47
GF Value