Buckle (FRA:BK2) Cyclically Adjusted PS Ratio: 1.67 (As of Jul. 23, 2026) — 28% Above Median

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FRA:BK2 Buckle Inc FRA:BK2
81 GF Score
Price €37.42
GF Value €39.67
Valuation Fairly Valued
! 2 Warning Signs
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What is Buckle Cyclically Adjusted PS Ratio?

Buckle FRA:BK2 +0.75% 81 Cyclically Adjusted PS Ratio is 1.67 as of Jul. 23, 2026, which is 28% above its 10-year median of 1.30. GuruFocus rates FRA:BK2 with a GF Score™ of 81/100 and a GF Value™ of €39.67 (Fairly Valued). The stock has 2 warning signs investors should review. Among 793 Retail - Cyclical companies, Buckle ranks worse than 80.2% on this metric.

As of today (2026-07-23), Buckle's current share price is €37.42. Buckle's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €22.39. Buckle's Cyclically Adjusted PS Ratio for today is 1.67.

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

FRA:BK2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.3   Max: 2.32
Current: 1.61

During the past years, Buckle's highest Cyclically Adjusted PS Ratio was 2.32. The lowest was 0.58. And the median was 1.30.

FRA:BK2's Cyclically Adjusted PS Ratio is ranked worse than
80.2% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs FRA:BK2: 1.61

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Buckle's adjusted revenue per share data for the three months ended in Apr. 2026 was €4.841. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €22.39 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Buckle  (FRA:BK2) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Buckle Cyclically Adjusted PS Ratio Related Terms


Buckle Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Buckle's Cyclically Adjusted PS 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.

Buckle Cyclically Adjusted PS Ratio Chart

Buckle Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.53 1.71 1.43 1.83

Buckle Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS 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 1.33 1.89 2.10 1.82 2.10

FRA:BK2 vs CRI, AEO, SFIX: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Buckle's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Buckle Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Buckle's Cyclically Adjusted PS Ratio falls into.


FRA:BK2
81GF Score
Buckle Inc FRA:BK2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Buckle Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Buckle's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.42/22.39
=1.67

* 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.

Buckle's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Buckle's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=4.841/333.0200*333.0200
=4.841

Current CPI (Apr. 2026) = 333.0200.

Buckle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 3.981 240.628 5.510
201610 4.501 241.729 6.201
201701 5.445 242.839 7.467
201704 4.096 244.524 5.578
201707 3.511 244.786 4.777
201710 3.949 246.663 5.332
201801 4.754 247.867 6.387
201804 3.440 250.546 4.572
201807 3.542 252.006 4.681
201810 3.850 252.885 5.070
201901 4.756 251.712 6.292
201904 3.676 255.548 4.790
201907 3.729 256.571 4.840
201910 4.151 257.346 5.372
202001 4.988 257.971 6.439
202004 2.170 256.389 2.819
202007 3.842 259.101 4.938
202010 4.355 260.388 5.570
202101 5.317 261.582 6.769
202104 5.071 267.054 6.324
202107 5.060 273.003 6.172
202110 5.578 276.589 6.716
202201 6.799 281.148 8.053
202204 5.778 289.109 6.656
202207 5.993 296.276 6.736
202210 6.800 298.012 7.599
202301 7.479 299.170 8.325
202304 5.173 303.363 5.679
202307 5.300 305.691 5.774
202310 5.755 307.671 6.229
202401 7.000 308.417 7.558
202404 4.876 313.548 5.179
202407 5.184 314.540 5.489
202410 5.359 315.664 5.654
202501 7.246 317.671 7.596
202504 4.792 320.795 4.975
202507 5.175 323.048 5.335
202510 5.435 0.000
202601 6.670 325.252 6.829
202604 4.841 333.020 4.841

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 1.67 mean?
Buckle (FRA:BK2) has a Cyclically Adjusted PS Ratio of 1.67 as of Jul. 23, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Buckle and its competitors. This is 28% above median its historical median of 1.30. Over the past decade, Buckle's Cyclically Adjusted PS Ratio has ranged from 0.58 to 2.32. According to the industry distribution chart, Buckle ranks #636 out of 793 companies in the Retail - Cyclical industry, placing it in the top 80.2%.
Is Buckle's Cyclically Adjusted PS Ratio too high?
Buckle's current Cyclically Adjusted PS Ratio of 1.67 is 28% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.32. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Buckle's value of 1.67 is 240.8% above this industry median. Based on the distribution chart, Buckle ranks #636 out of 793 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Buckle has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Buckle's Cyclically Adjusted PS Ratio compare to CRI and AEO?
According to the Retail - Cyclical industry distribution chart, Buckle ranks #636 out of 793 companies for Cyclically Adjusted PS Ratio. This places Buckle in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Buckle's value of 1.67 is 240.8% above this benchmark. Historically, Buckle's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 2.32 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 0.49, Buckle 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 PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Buckle's current Cyclically Adjusted PS Ratio of 1.67 is 240.8% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Buckle and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Buckle's current Cyclically Adjusted PS Ratio is 1.67, which is 28% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Buckle stock overvalued right now?
Based on GuruFocus' analysis, Buckle (FRA:BK2) is currently considered Fairly Valued. The stock's GF Value™ is €39.67, compared to a current price of €37.42 — trading 5.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.67, which is 28% above median its 10-year median of 1.30 and 240.8% above the Retail - Cyclical industry median of 0.49. Buckle's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Buckle (FRA:BK2), the current Cyclically Adjusted PS Ratio is 1.67 as of Jul. 23, 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 Buckle (FRA:BK2) Overvalued in 2026?

Based on GuruFocus' analysis, Buckle stock appears to be undervalued. The current stock price of €37.42 is trading 5.7% below its estimated GF Value™ of €39.67. GuruFocus considers Buckle to be Fairly Valued.

Key valuation signals for FRA:BK2:

  • Cyclically Adjusted PS Ratio: 1.67 (28% above median its 10-year median of 1.30)
  • GF Value™: €39.67 vs. price of €37.42 (5.7% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 240.8% above the Retail - Cyclical median (#636 of 793)

No single metric tells the full story. See the FRA:BK2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Buckle Business Description

Other Exchanges BKE:USA0HQ7:UKBK2:Germany
Address 2407 West 24th Street, Kearney, NE, USA, 68845-4915
Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to affordable priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.
81GF Score

Get the complete analysis for FRA:BK2

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

€37.42
Price
€39.67
GF Value