Gildan Activewear (MEX:GILN) Cyclically Adjusted PB Ratio: 4.66 (As of Aug. 12, 2026) — Near Median

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MEX:GILN Gildan Activewear Inc MEX:GILN
85 GF Score
Price MXN1,009.86
GF Value MXN1,151.98
! 6 Warning Signs
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What is Gildan Activewear Cyclically Adjusted PB Ratio?

Gildan Activewear MEX:GILN 85 Cyclically Adjusted PB Ratio is 4.66 as of Aug. 12, 2026, which is 3% above its 10-year median of 4.53. GuruFocus rates MEX:GILN with a GF Score™ of 85/100 and a GF Value™ of MXN1,151.98. The stock has 6 warning signs investors should review. Among 838 Manufacturing - Apparel & Accessories companies, Gildan Activewear ranks worse than 90.69% on this metric.

As of today (2026-08-12), Gildan Activewear's current share price is MXN1009.86. Gildan Activewear's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN216.83. Gildan Activewear's Cyclically Adjusted PB Ratio for today is 4.66.

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

MEX:GILN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 4.53   Max: 6.67
Current: 5.19

During the past years, Gildan Activewear's highest Cyclically Adjusted PB Ratio was 6.67. The lowest was 1.53. And the median was 4.53.

MEX:GILN's Cyclically Adjusted PB Ratio is ranked worse than
90.69% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs MEX:GILN: 5.19

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.

Gildan Activewear's adjusted book value per share data for the three months ended in Jun. 2026 was MXN314.766. 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 MXN216.83 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gildan Activewear  (MEX:GILN) 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.


Gildan Activewear Cyclically Adjusted PB Ratio Related Terms


Gildan Activewear Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gildan Activewear'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.

Gildan Activewear Cyclically Adjusted PB Ratio Chart

Gildan Activewear 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 4.75 2.94 3.21 4.75 5.79

Gildan Activewear 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 4.62 5.53 5.79 5.07 4.66

MEX:GILN vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


Gildan Activewear Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


MEX:GILN
85GF Score
Gildan Activewear Inc MEX:GILN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gildan Activewear 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.

Gildan Activewear's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1009.86/216.83
=4.66

* 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.

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

For example, Gildan Activewear'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)
=314.766/133.5265*133.5265
=314.766

Current CPI (Jun. 2026) = 133.5265.

Gildan Activewear Quarterly Data

Book Value per Share CPI Adj_Book
201609 174.502 101.765 228.966
201612 189.823 101.449 249.845
201703 174.936 102.634 227.592
201706 168.723 103.029 218.667
201709 170.201 103.345 219.908
201712 183.793 103.345 237.470
201803 166.832 105.004 212.149
201806 179.715 105.557 227.334
201809 176.093 105.636 222.586
201812 183.881 105.399 232.953
201903 179.646 106.979 224.226
201906 177.426 107.690 219.993
201909 190.217 107.611 236.025
201912 173.531 107.769 215.005
202003 194.358 107.927 240.458
202006 164.218 108.401 202.280
202009 164.374 108.164 202.916
202012 156.293 108.559 192.238
202103 171.473 110.298 207.586
202106 180.792 111.720 216.081
202109 200.297 112.905 236.880
202112 204.792 113.774 240.346
202203 195.060 117.646 221.391
202206 203.945 120.806 225.420
202209 205.835 120.648 227.807
202212 204.189 120.964 225.395
202303 192.128 122.702 209.077
202306 190.645 124.203 204.956
202309 199.527 125.230 212.745
202312 195.465 125.072 208.677
202403 189.942 126.258 200.877
202406 205.056 127.522 214.712
202409 196.574 127.285 206.214
202412 199.326 127.364 208.971
202503 189.870 129.181 196.257
202506 178.759 129.892 183.761
202509 183.142 130.287 187.696
202512 346.420 130.366 354.818
202603 331.860 132.262 335.032
202606 314.766 133.527 314.766

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 4.66 mean?
Gildan Activewear (MEX:GILN) has a Cyclically Adjusted PB Ratio of 4.66 as of Aug. 12, 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 Gildan Activewear and its competitors. This is near median its historical median of 4.53. Over the past decade, Gildan Activewear's Cyclically Adjusted PB Ratio has ranged from 1.53 to 6.67. According to the industry distribution chart, Gildan Activewear ranks #760 out of 838 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 90.7%.
Is Gildan Activewear's Cyclically Adjusted PB Ratio too high?
Gildan Activewear's current Cyclically Adjusted PB Ratio of 4.66 is near median its 10-year median of 4.53. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 6.67. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Gildan Activewear's value of 4.66 is 375.5% above this industry median. Based on the distribution chart, Gildan Activewear ranks #760 out of 838 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gildan Activewear has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gildan Activewear ranks #760 out of 838 companies for Cyclically Adjusted PB Ratio. This places Gildan Activewear in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Gildan Activewear's value of 4.66 is 375.5% above this benchmark. Historically, Gildan Activewear's own Cyclically Adjusted PB Ratio has ranged from 1.53 to 6.67 over the past decade. While the company's 10-year median is 4.53 vs. the industry median of 0.98, Gildan Activewear 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 0.98, based on 838 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. Gildan Activewear's current Cyclically Adjusted PB Ratio of 4.66 is 375.5% 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 Gildan Activewear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gildan Activewear's current Cyclically Adjusted PB Ratio is 4.66, which is near median its own 10-year median of 4.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Gildan Activewear (MEX:GILN) has a current Cyclically Adjusted PB Ratio of 4.66. The stock's GF Value™ is MXN1,151.98, compared to a current price of MXN1,009.86 — trading 12.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.66, which is near median its 10-year median of 4.53 and 375.5% above the Manufacturing - Apparel & Accessories industry median of 0.98. Gildan Activewear's overall GF Score™ is 85/100 with 6 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 Gildan Activewear (MEX:GILN), the current Cyclically Adjusted PB Ratio is 4.66 as of Aug. 12, 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 Gildan Activewear (MEX:GILN) Overvalued in 2026?

Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued. The current stock price of MXN1,009.86 is trading 12.3% below its estimated GF Value™ of MXN1,151.98.

Key valuation signals for MEX:GILN:

  • Cyclically Adjusted PB Ratio: 4.66 (near median its 10-year median of 4.53)
  • GF Value™: MXN1,151.98 vs. price of MXN1,009.86 (12.3% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 375.5% above the Manufacturing - Apparel & Accessories median (#760 of 838)

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


Gildan Activewear Business Description

Address 600 de Maisonneuve Boulevard West, 33rd Floor, Suite 3300, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
85GF Score

Get the complete analysis for MEX:GILN

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

MXN1,009.86
Price
MXN1,151.98
GF Value