VF (LTS:0R30) Cyclically Adjusted PB Ratio: 1.58 (As of Aug. 05, 2026) — 66% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0R30 VF Corp LTS:0R30
68 GF Score
Price $15.33
GF Value $15.81
Valuation Fairly Valued
! 4 Warning Signs
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What is VF Cyclically Adjusted PB Ratio?

VF LTS:0R30 +2.55% 68 Cyclically Adjusted PB Ratio is 1.58 as of Aug. 05, 2026, which is 66% below its 10-year median of 4.65. GuruFocus rates LTS:0R30 with a GF Score™ of 68/100 and a GF Value™ of $15.81 (Fairly Valued). The stock has 4 warning signs investors should review. Among 849 Manufacturing - Apparel & Accessories companies, VF ranks worse than 64.55% on this metric.

As of today (2026-08-05), VF's current share price is $15.33. VF's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $9.71. VF's Cyclically Adjusted PB Ratio for today is 1.58.

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

LTS:0R30' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 4.65   Max: 8.39
Current: 1.53

During the past years, VF's highest Cyclically Adjusted PB Ratio was 8.39. The lowest was 0.96. And the median was 4.65.

LTS:0R30's Cyclically Adjusted PB Ratio is ranked worse than
64.55% of 849 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs LTS:0R30: 1.53

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.

VF's adjusted book value per share data for the three months ended in Jun. 2026 was $4.489. 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 $9.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VF  (LTS:0R30) 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.


VF Cyclically Adjusted PB Ratio Related Terms


VF Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for VF'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.

VF Cyclically Adjusted PB Ratio Chart

VF Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 1.82 1.29 1.43 1.71

VF 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 1.11 1.39 1.81 1.71 1.71

LTS:0R30 vs KTB, LEVI, ZGN: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, VF'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.


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

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

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


LTS:0R30
68GF Score
VF Corp LTS:0R30
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VF 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.33/9.71
=1.58

* 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.

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

For example, VF'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)
=4.489/333.9520*333.9520
=4.489

Current CPI (Jun. 2026) = 333.9520.

VF Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.779 241.428 16.293
201612 11.934 241.432 16.507
201703 10.746 243.801 14.720
201706 9.266 244.955 12.633
201709 9.981 246.819 13.505
201712 9.398 246.524 12.731
201803 9.353 249.554 12.516
201806 9.434 251.989 12.503
201809 10.524 252.439 13.922
201812 10.875 251.233 14.456
201903 10.832 254.202 14.230
201906 10.433 256.143 13.602
201909 11.652 256.759 15.155
201912 11.577 256.974 15.045
202003 8.635 258.115 11.172
202006 7.475 257.797 9.683
202009 7.553 260.280 9.691
202012 8.026 260.474 10.290
202103 7.798 264.877 9.832
202106 8.339 271.696 10.250
202109 9.162 274.310 11.154
202112 9.395 278.802 11.253
202203 9.092 287.504 10.561
202206 8.630 296.311 9.726
202209 7.941 296.808 8.935
202212 8.541 296.797 9.610
202303 7.489 301.836 8.286
202306 6.987 305.109 7.648
202309 5.683 307.789 6.166
202312 5.425 306.746 5.906
202403 4.265 312.332 4.560
202406 3.566 314.175 3.790
202409 3.613 315.301 3.827
202412 4.313 315.605 4.564
202503 3.817 319.799 3.986
202506 3.309 322.561 3.426
202509 3.782 324.800 3.889
202512 4.563 324.054 4.702
202603 4.725 330.213 4.779
202606 4.489 333.952 4.489

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 1.58 mean?
VF (LTS:0R30) has a Cyclically Adjusted PB Ratio of 1.58 as of Aug. 05, 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 VF and its competitors. This is 66% below median its historical median of 4.65. Over the past decade, VF's Cyclically Adjusted PB Ratio has ranged from 0.96 to 8.39. According to the industry distribution chart, VF ranks #548 out of 849 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.5%.
Is VF's Cyclically Adjusted PB Ratio too high?
VF's current Cyclically Adjusted PB Ratio of 1.58 is 66% below median its 10-year median of 4.65. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 8.39. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. VF's value of 1.58 is 66.3% above this industry median. Based on the distribution chart, VF ranks #548 out of 849 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, VF has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VF's Cyclically Adjusted PB Ratio compare to KTB and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VF ranks #548 out of 849 companies for Cyclically Adjusted PB Ratio. This places VF in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. VF's value of 1.58 is 66.3% above this benchmark. Historically, VF's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 8.39 over the past decade. While the company's 10-year median is 4.65 vs. the industry median of 0.95, VF 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 0.95, based on 849 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. VF's current Cyclically Adjusted PB Ratio of 1.58 is 66.3% 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 VF and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VF's current Cyclically Adjusted PB Ratio is 1.58, which is 66% below median its own 10-year median of 4.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VF stock overvalued right now?
Based on GuruFocus' analysis, VF (LTS:0R30) is currently considered Fairly Valued. The stock's GF Value™ is $15.81, compared to a current price of $15.33 — trading 3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.58, which is 66% below median its 10-year median of 4.65 and 66.3% above the Manufacturing - Apparel & Accessories industry median of 0.95. VF's overall GF Score™ is 68/100 with 4 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 VF (LTS:0R30), the current Cyclically Adjusted PB Ratio is 1.58 as of Aug. 05, 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 VF (LTS:0R30) Overvalued in 2026?

Based on GuruFocus' analysis, VF stock appears to be undervalued. The current stock price of $15.33 is trading 3% below its estimated GF Value™ of $15.81. GuruFocus considers VF to be Fairly Valued.

Key valuation signals for LTS:0R30:

  • Cyclically Adjusted PB Ratio: 1.58 (66% below median its 10-year median of 4.65)
  • GF Value™: $15.81 vs. price of $15.33 (3% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 66.3% above the Manufacturing - Apparel & Accessories median (#548 of 849)

No single metric tells the full story. See the LTS:0R30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VF Business Description

Address 1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of 10 brands includes Vans, The North Face, Timberland, and Altra. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and divestitures.
68GF Score

Get the complete analysis for LTS:0R30

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

$15.33
Price
$15.81
GF Value