Hugo Boss AG (XSWX:BOSS) Cyclically Adjusted PB Ratio: 2.26 (As of Jul. 03, 2026) — 40% Below Median


XSWX:BOSS Hugo Boss AG XSWX:BOSS
78 GF Score
Price CHF35.51
GF Value CHF37.53
! 4 Warning Signs
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What is Hugo Boss AG Cyclically Adjusted PB Ratio?

Hugo Boss AG XSWX:BOSS 78 Cyclically Adjusted PB Ratio is 2.26 as of Jul. 03, 2026, which is 40% below its 10-year median of 3.75. GuruFocus rates XSWX:BOSS with a GF Score™ of 78/100 and a GF Value™ of CHF37.53. The stock has 4 warning signs investors should review. Among 882 Manufacturing - Apparel & Accessories companies, Hugo Boss AG ranks worse than 73.92% on this metric.

As of today (2026-07-03), Hugo Boss AG's current share price is CHF35.51. Hugo Boss AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF15.70. Hugo Boss AG's Cyclically Adjusted PB Ratio for today is 2.26.

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

XSWX:BOSS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 3.75   Max: 7.2
Current: 2.16

During the past years, Hugo Boss AG's highest Cyclically Adjusted PB Ratio was 7.20. The lowest was 1.62. And the median was 3.75.

XSWX:BOSS's Cyclically Adjusted PB Ratio is ranked worse than
73.92% of 882 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.995 vs XSWX:BOSS: 2.16

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.

Hugo Boss AG's adjusted book value per share data for the three months ended in Mar. 2026 was CHF20.741. 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 CHF15.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hugo Boss AG  (XSWX:BOSS) 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.


Hugo Boss AG Cyclically Adjusted PB Ratio Related Terms


Hugo Boss AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hugo Boss 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.

Hugo Boss AG Cyclically Adjusted PB Ratio Chart

Hugo Boss AG 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 4.21 3.78 4.38 2.74 2.11

Hugo Boss AG 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 2.11 2.34 2.38 2.11 2.10

XSWX:BOSS vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Hugo Boss 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.


Hugo Boss AG Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


XSWX:BOSS
78GF Score
Hugo Boss AG XSWX:BOSS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hugo Boss 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.51/15.70
=2.26

* 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.

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

For example, Hugo Boss AG'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)
=20.741/131.2583*131.2583
=20.741

Current CPI (Mar. 2026) = 131.2583.

Hugo Boss AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.587 100.717 15.101
201609 12.757 101.017 16.576
201612 13.812 101.217 17.911
201703 14.446 101.417 18.697
201706 12.642 102.117 16.250
201709 14.551 102.717 18.594
201712 15.487 102.617 19.810
201803 16.293 102.917 20.780
201806 14.127 104.017 17.827
201809 14.930 104.718 18.714
201812 16.040 104.217 20.202
201903 18.002 104.217 22.673
201906 15.270 105.718 18.959
201909 14.970 106.018 18.534
201912 15.845 105.818 19.654
202003 15.052 105.718 18.688
202006 12.169 106.618 14.981
202009 12.132 105.818 15.049
202012 11.805 105.518 14.685
202103 12.189 107.518 14.880
202106 12.409 108.486 15.014
202109 13.229 109.435 15.867
202112 13.954 110.384 16.593
202203 14.371 113.968 16.551
202206 14.771 115.760 16.749
202209 14.996 118.818 16.566
202212 15.966 119.345 17.560
202303 16.454 122.402 17.644
202306 16.283 123.140 17.356
202309 17.055 124.195 18.025
202312 17.664 123.773 18.732
202403 18.655 125.038 19.583
202406 17.858 125.882 18.621
202409 17.970 126.198 18.691
202412 19.303 127.041 19.944
202503 20.401 127.779 20.956
202506 18.496 128.412 18.906
202509 19.279 129.255 19.578
202512 20.787 129.361 21.092
202603 20.741 131.258 20.741

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 2.26 mean?
Hugo Boss AG (XSWX:BOSS) has a Cyclically Adjusted PB Ratio of 2.26 as of Jul. 03, 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 Hugo Boss AG and its competitors. This is 40% below median its historical median of 3.75. Over the past decade, Hugo Boss AG's Cyclically Adjusted PB Ratio has ranged from 1.62 to 7.20. According to the industry distribution chart, Hugo Boss AG ranks #652 out of 882 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.9%.
Is Hugo Boss AG's Cyclically Adjusted PB Ratio too high?
Hugo Boss AG's current Cyclically Adjusted PB Ratio of 2.26 is 40% below median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 7.20. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.00. Hugo Boss AG's value of 2.26 is 127.1% above this industry median. Based on the distribution chart, Hugo Boss AG ranks #652 out of 882 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Hugo Boss AG has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Hugo Boss AG's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hugo Boss AG ranks #652 out of 882 companies for Cyclically Adjusted PB Ratio. This places Hugo Boss AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Hugo Boss AG's value of 2.26 is 127.1% above this benchmark. Historically, Hugo Boss AG's own Cyclically Adjusted PB Ratio has ranged from 1.62 to 7.20 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 1.00, Hugo Boss AG 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 882 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. Hugo Boss AG's current Cyclically Adjusted PB Ratio of 2.26 is 127.1% 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 Hugo Boss AG 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. Hugo Boss AG's current Cyclically Adjusted PB Ratio is 2.26, which is 40% below median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hugo Boss AG stock overvalued right now?
Hugo Boss AG (XSWX:BOSS) has a current Cyclically Adjusted PB Ratio of 2.26. The stock's GF Value™ is CHF37.53, compared to a current price of CHF35.51 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.26, which is 40% below median its 10-year median of 3.75 and 127.1% above the Manufacturing - Apparel & Accessories industry median of 1.00. Hugo Boss AG's overall GF Score™ is 78/100 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 Hugo Boss AG (XSWX:BOSS), the current Cyclically Adjusted PB Ratio is 2.26 as of Jul. 03, 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 Hugo Boss AG (XSWX:BOSS) Overvalued in 2026?

Based on GuruFocus' analysis, Hugo Boss AG stock appears to be undervalued. The current stock price of CHF35.51 is trading 5.4% below its estimated GF Value™ of CHF37.53.

Key valuation signals for XSWX:BOSS:

  • Cyclically Adjusted PB Ratio: 2.26 (40% below median its 10-year median of 3.75)
  • GF Value™: CHF37.53 vs. price of CHF35.51 (5.4% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 127.1% above the Manufacturing - Apparel & Accessories median (#652 of 882)

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


Hugo Boss AG Business Description

Address Holy-Allee 3, Metzingen, BW, DEU, 72555
Hugo Boss is a German menswear brand operating in the premium segment under its two brands, Boss and Hugo. The brand was founded in 1924 and initially focused on uniforms. After World War II and the death of its eponymous founder, the company shifted its focus to men's suits. The company is globally present, with 61% of revenue generated in the European market, 24% in the Americas, 13% in the Asia-Pacific, and less than 3% from licenses. It generates over 50% of its sales through its own retail operations.
78GF Score

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

CHF35.51
Price
CHF37.53
GF Value