GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » adidas AG (MEX:ADS N) » Definitions » Cyclically Adjusted PB Ratio

adidas AG (MEX:ADS N) Cyclically Adjusted PB Ratio : 5.12 (As of Jun. 28, 2025)


View and export this data going back to 2014. Start your Free Trial

What is adidas AG Cyclically Adjusted PB Ratio?

As of today (2025-06-28), adidas AG's current share price is MXN4560.85. adidas AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN891.27. adidas AG's Cyclically Adjusted PB Ratio for today is 5.12.

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

MEX:ADS N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.76   Med: 6.94   Max: 10.47
Current: 5.26

During the past years, adidas AG's highest Cyclically Adjusted PB Ratio was 10.47. The lowest was 2.76. And the median was 6.94.

MEX:ADS N's Cyclically Adjusted PB Ratio is ranked worse than
89.7% of 874 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs MEX:ADS N: 5.26

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.

adidas AG's adjusted book value per share data for the three months ended in Mar. 2025 was MXN707.301. 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 MXN891.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


adidas AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for adidas AG'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.

* Premium members only.

adidas AG Cyclically Adjusted PB Ratio Chart

adidas AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.71 7.60 3.54 5.01 6.38

adidas AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.60 6.01 6.43 6.38 5.83

Competitive Comparison of adidas AG's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, adidas AG'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.


adidas AG's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


;
;

adidas AG 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.

adidas AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4560.85/891.27
=5.12

* 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.

adidas AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=707.301/127.7792*127.7792
=707.301

Current CPI (Mar. 2025) = 127.7792.

adidas AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 488.011 100.417 620.989
201509 541.492 100.417 689.043
201512 530.125 99.717 679.315
201603 543.776 100.017 694.717
201606 601.174 100.717 762.708
201609 663.676 101.017 839.504
201612 698.561 101.217 881.884
201703 671.329 101.417 845.834
201706 615.446 102.117 770.109
201709 689.957 102.717 858.301
201712 687.703 102.617 856.330
201803 749.010 102.917 929.950
201806 689.381 104.017 846.864
201809 737.903 104.718 900.410
201812 715.208 104.217 876.904
201903 762.752 104.217 935.197
201906 726.092 105.718 877.616
201909 789.392 106.018 951.425
201912 726.717 105.818 877.541
202003 884.889 105.718 1,069.551
202006 830.314 106.618 995.114
202009 871.309 105.818 1,052.142
202012 800.671 105.518 969.593
202103 908.306 107.518 1,079.472
202106 873.674 108.486 1,029.050
202109 970.520 109.435 1,133.208
202112 907.277 110.384 1,050.258
202203 755.566 113.968 847.128
202206 702.794 115.760 775.761
202209 680.791 118.818 732.137
202212 577.342 119.345 618.144
202303 524.146 122.402 547.170
202306 498.294 123.140 517.065
202309 541.827 124.195 557.466
202312 474.820 123.773 490.189
202403 492.235 125.038 503.026
202406 551.021 125.882 559.328
202409 631.690 126.198 639.606
202412 669.773 127.041 673.664
202503 707.301 127.779 707.301

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.


adidas AG  (MEX:ADS N) 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.


adidas AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of adidas AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


adidas AG Business Description

Address
Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 1,900 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 67 countries. The company was founded in 1949 in Germany.

adidas AG Headlines

No Headlines