Canada Goose Holdings (TSX:GOOS) Cyclically Adjusted PB Ratio: 3.16 (As of Jul. 16, 2026) — 21% Below Median

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TSX:GOOS Canada Goose Holdings Inc TSX:GOOS
82 GF Score
Price C$13.56
GF Value C$19.24
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Canada Goose Holdings Cyclically Adjusted PB Ratio?

Canada Goose Holdings TSX:GOOS +1.95% 82 Cyclically Adjusted PB Ratio is 3.16 as of Jul. 16, 2026, which is 21% below its 10-year median of 4.01. GuruFocus rates TSX:GOOS with a GF Score™ of 82/100 and a GF Value™ of C$19.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 879 Manufacturing - Apparel & Accessories companies, Canada Goose Holdings ranks worse than 81.68% on this metric.

As of today (2026-07-16), Canada Goose Holdings's current share price is C$13.56. Canada Goose Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$4.29. Canada Goose Holdings's Cyclically Adjusted PB Ratio for today is 3.16.

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

TSX:GOOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.75   Med: 4.01   Max: 5.03
Current: 3.16

During the past years, Canada Goose Holdings's highest Cyclically Adjusted PB Ratio was 5.03. The lowest was 2.75. And the median was 4.01.

TSX:GOOS's Cyclically Adjusted PB Ratio is ranked worse than
81.68% of 879 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1 vs TSX:GOOS: 3.16

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.

Canada Goose Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was C$6.263. 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 C$4.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canada Goose Holdings  (TSX:GOOS) 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.


Canada Goose Holdings Cyclically Adjusted PB Ratio Related Terms


Canada Goose Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canada Goose 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.

Canada Goose Holdings Cyclically Adjusted PB Ratio Chart

Canada Goose Holdings Annual Data
Trend Mar17 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 0.00 0.00 0.00 2.92 3.56

Canada Goose 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 2.92 3.87 4.73 4.34 3.56

TSX:GOOS vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Canada Goose 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.


Canada Goose Holdings Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


TSX:GOOS
82GF Score
Canada Goose Holdings Inc TSX:GOOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canada Goose 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.56/4.29
=3.16

* 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.

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

For example, Canada Goose 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)
=6.263/132.2623*132.2623
=6.263

Current CPI (Mar. 2026) = 132.2623.

Canada Goose Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.636 101.449 0.829
201703 1.374 102.634 1.771
201706 1.259 103.029 1.616
201709 1.618 103.345 2.071
201712 2.188 103.345 2.800
201803 2.247 105.004 2.830
201806 2.071 105.557 2.595
201809 2.558 105.636 3.203
201812 3.538 105.399 4.440
201903 3.625 106.979 4.482
201906 3.035 107.690 3.728
201909 3.583 107.611 4.404
201912 4.648 107.769 5.704
202003 4.521 107.927 5.540
202006 4.305 108.401 5.253
202009 4.446 108.164 5.437
202012 5.449 108.559 6.639
202103 5.230 110.298 6.272
202106 4.934 111.720 5.841
202109 3.516 112.905 4.119
202112 4.907 113.774 5.704
202203 4.068 117.646 4.573
202206 3.251 120.806 3.559
202209 3.374 120.648 3.699
202212 4.630 120.964 5.062
202303 4.506 122.702 4.857
202306 3.702 124.203 3.942
202309 3.459 125.230 3.653
202312 4.037 125.072 4.269
202403 4.320 126.258 4.525
202406 3.572 127.522 3.705
202409 3.700 127.285 3.845
202412 5.110 127.364 5.307
202503 5.589 129.181 5.722
202506 4.447 129.892 4.528
202509 4.366 130.287 4.432
202512 5.821 130.366 5.906
202603 6.263 132.262 6.263

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 3.16 mean?
Canada Goose Holdings (TSX:GOOS) has a Cyclically Adjusted PB Ratio of 3.16 as of Jul. 16, 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 Canada Goose Holdings and its competitors. This is 21% below median its historical median of 4.01. Over the past decade, Canada Goose Holdings' Cyclically Adjusted PB Ratio has ranged from 2.75 to 5.03. According to the industry distribution chart, Canada Goose Holdings ranks #718 out of 879 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.7%.
Is Canada Goose Holdings' Cyclically Adjusted PB Ratio too high?
Canada Goose Holdings' current Cyclically Adjusted PB Ratio of 3.16 is 21% below median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 5.03. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.00. Canada Goose Holdings' value of 3.16 is 216% above this industry median. Based on the distribution chart, Canada Goose Holdings ranks #718 out of 879 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Canada Goose Holdings has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canada Goose Holdings' Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Canada Goose Holdings ranks #718 out of 879 companies for Cyclically Adjusted PB Ratio. This places Canada Goose Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Canada Goose Holdings' value of 3.16 is 216% above this benchmark. Historically, Canada Goose Holdings' own Cyclically Adjusted PB Ratio has ranged from 2.75 to 5.03 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 1.00, Canada Goose 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 1.00, based on 879 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. Canada Goose Holdings's current Cyclically Adjusted PB Ratio of 3.16 is 216% 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 Canada Goose Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canada Goose Holdings's current Cyclically Adjusted PB Ratio is 3.16, which is 21% below median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Goose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Canada Goose Holdings (TSX:GOOS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$19.24, compared to a current price of C$13.56 — trading 29.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.16, which is 21% below median its 10-year median of 4.01 and 216% above the Manufacturing - Apparel & Accessories industry median of 1.00. Canada Goose Holdings' overall GF Score™ is 82/100 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 Canada Goose Holdings (TSX:GOOS), the current Cyclically Adjusted PB Ratio is 3.16 as of Jul. 16, 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 Canada Goose Holdings (TSX:GOOS) Overvalued in 2026?

Based on GuruFocus' analysis, Canada Goose Holdings stock appears to be undervalued. The current stock price of C$13.56 is trading 29.5% below its estimated GF Value™ of C$19.24. GuruFocus considers Canada Goose Holdings to be Significantly Undervalued.

Key valuation signals for TSX:GOOS:

  • Cyclically Adjusted PB Ratio: 3.16 (21% below median its 10-year median of 4.01)
  • GF Value™: C$19.24 vs. price of C$13.56 (29.5% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 216% above the Manufacturing - Apparel & Accessories median (#718 of 879)

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


Canada Goose Holdings Business Description

Other Exchanges GOOS:USA0UNA:UK1GC:Germany
Address 100 Queens Quay East, Floor 22, Toronto, ON, CAN, M5E 1V3
Canada Goose Holdings Inc is a Canada-based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale; Direct to Consumer (DTC), and Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of retailers and international distributors, who are partners that have exclusive rights to an entire market, and travel retail locations. Geographically, it has a presence in Canada, the United States, North America, Greater China, Asia-Pacific, and Europe, the Middle East, and Africa.
82GF Score

Get the complete analysis for TSX:GOOS

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

C$13.56
Price
C$19.24
GF Value