TPR (Tapestry) Cyclically Adjusted PB Ratio: 12.17 (As of Jul. 05, 2026) — 214% Above Median


TPR Tapestry Inc TPR
74 GF Score
Price $144.21
GF Value $76.95
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tapestry Cyclically Adjusted PB Ratio?

Tapestry TPR +0.15% 74 Cyclically Adjusted PB Ratio is 12.17 as of Jul. 05, 2026, which is 214% above its 10-year median of 3.88. GuruFocus rates TPR with a GF Score™ of 74/100 and a GF Value™ of $76.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 806 Retail - Cyclical companies, Tapestry ranks worse than 95.16% on this metric.

As of today (2026-07-05), Tapestry's current share price is $144.21. Tapestry's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $11.85. Tapestry's Cyclically Adjusted PB Ratio for today is 12.17.

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

TPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 3.88   Max: 13.23
Current: 12.17

During the past years, Tapestry's highest Cyclically Adjusted PB Ratio was 13.23. The lowest was 1.16. And the median was 3.88.

TPR's Cyclically Adjusted PB Ratio is ranked worse than
95.16% of 806 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs TPR: 12.17

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.

Tapestry's adjusted book value per share data for the three months ended in Mar. 2026 was $3.373. 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 $11.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tapestry  (NYSE:TPR) 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.


Tapestry Cyclically Adjusted PB Ratio Related Terms


Tapestry Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tapestry'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.

Tapestry Cyclically Adjusted PB Ratio Chart

Tapestry Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 2.60 3.55 3.44 7.13

Tapestry 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 5.67 7.13 9.32 10.77 11.91

TPR vs SIG, CPRI, REAL: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Tapestry'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.


Tapestry Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tapestry's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPR
74GF Score
Tapestry Inc TPR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tapestry 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=144.21/11.85
=12.17

* 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.

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

For example, Tapestry'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)
=3.373/330.2130*330.2130
=3.373

Current CPI (Mar. 2026) = 330.2130.

Tapestry Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.633 241.018 13.198
201609 9.734 241.428 13.314
201612 10.018 241.432 13.702
201703 10.288 243.801 13.934
201706 10.649 244.955 14.355
201709 10.345 246.819 13.840
201712 10.356 246.524 13.872
201803 10.903 249.554 14.427
201806 11.266 251.989 14.763
201809 11.420 252.439 14.938
201812 12.029 251.233 15.811
201903 12.172 254.202 15.812
201906 12.250 256.143 15.792
201909 11.188 256.759 14.389
201912 12.038 256.974 15.469
202003 9.247 258.115 11.830
202006 8.242 257.797 10.557
202009 9.121 260.280 11.572
202012 10.406 260.474 13.192
202103 10.814 264.877 13.481
202106 11.661 271.696 14.173
202109 11.455 274.310 13.789
202112 11.089 278.802 13.134
202203 10.068 287.504 11.564
202206 9.476 296.311 10.560
202209 9.362 296.808 10.416
202212 9.802 296.797 10.906
202303 9.764 301.836 10.682
202306 10.017 305.109 10.841
202309 10.540 307.789 11.308
202312 11.595 306.746 12.482
202403 12.076 312.332 12.767
202406 12.584 314.175 13.226
202409 12.810 315.301 13.416
202412 6.460 315.605 6.759
202503 7.192 319.799 7.426
202506 4.122 322.561 4.220
202509 1.942 324.800 1.974
202512 2.719 324.054 2.771
202603 3.373 330.213 3.373

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 12.17 mean?
Tapestry (TPR) has a Cyclically Adjusted PB Ratio of 12.17 as of Jul. 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 Tapestry and its competitors. This is 214% above median its historical median of 3.88. Over the past decade, Tapestry's Cyclically Adjusted PB Ratio has ranged from 1.16 to 13.23. According to the industry distribution chart, Tapestry ranks #767 out of 806 companies in the Retail - Cyclical industry, placing it in the top 95.2%.
Is Tapestry's Cyclically Adjusted PB Ratio too high?
Tapestry's current Cyclically Adjusted PB Ratio of 12.17 is 214% above median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 13.23. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Tapestry's value of 12.17 is 873.6% above this industry median. Based on the distribution chart, Tapestry ranks #767 out of 806 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Tapestry has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tapestry's Cyclically Adjusted PB Ratio compare to SIG and CPRI?
According to the Retail - Cyclical industry distribution chart, Tapestry ranks #767 out of 806 companies for Cyclically Adjusted PB Ratio. This places Tapestry in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Tapestry's value of 12.17 is 873.6% above this benchmark. Historically, Tapestry's own Cyclically Adjusted PB Ratio has ranged from 1.16 to 13.23 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 1.25, Tapestry 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 806 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. Tapestry's current Cyclically Adjusted PB Ratio of 12.17 is 873.6% 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 Tapestry and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tapestry's current Cyclically Adjusted PB Ratio is 12.17, which is 214% above median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tapestry stock overvalued right now?
Based on GuruFocus' analysis, Tapestry (TPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $76.95, compared to a current price of $144.21 — trading 87.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.17, which is 214% above median its 10-year median of 3.88 and 873.6% above the Retail - Cyclical industry median of 1.25. Tapestry's overall GF Score™ is 74/100 with 3 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 Tapestry (TPR), the current Cyclically Adjusted PB Ratio is 12.17 as of Jul. 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 Tapestry (TPR) Overvalued in 2026?

Based on GuruFocus' analysis, Tapestry stock appears to be overvalued. The current stock price of $144.21 is trading 87.4% above its estimated GF Value™ of $76.95. GuruFocus considers Tapestry to be Significantly Overvalued.

Key valuation signals for TPR:

  • Cyclically Adjusted PB Ratio: 12.17 (214% above median its 10-year median of 3.88)
  • GF Value™: $76.95 vs. price of $144.21 (87.4% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 873.6% above the Retail - Cyclical median (#767 of 806)

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


Tapestry Business Description

Address 10 Hudson Yards, New York, NY, USA, 10001
Based in New York City, Tapestry is the parent company of accessories and fashion brand Coach, which accounted for 80% of its revenue and well over 90% of its operating profit in fiscal 2025. Handbags accounted for 58% of the brand's fiscal 2025 revenue. Coach products are sold through more than 950 company-owned stores, company-operated digital channels, and wholesale partners in North America, Asia, and Europe. Tapestry also owns Kate Spade (17% of fiscal 2025 revenue), which operates about 335 worldwide stores and generated 52% of its sales from handbags in fiscal 2025. Kate Spade is known for its colorful patterns and graphics. Tapestry sold its smallest brand, luxury footwear maker Stuart Weitzman, to Caleres in August 2025.
74GF Score

Get the complete analysis for TPR

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

$144.21
Price
$76.95
GF Value