Latest Ratios: P/E Ratio 21.8x · EV/EBITDA 8.7x · ROE 9.4%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $877M | $886M | $1.6B | $1.6B | $1.4B | $1.5B | $1.5B | $1.6B | $1.2B | $1.0B | $1.6B |
| Enterprise Value | $2.1B | $2.1B | $2.4B | $2.6B | $2.3B | $2.5B | $2.4B | $1.4B | $875M | $659M | $1.1B |
| P/E Ratio → | 21.83 | 16.77 | 7.40 | 10.44 | 8.33 | — | 16.01 | 111.94 | — | 45.56 | 19.31 |
| P/S Ratio | 0.29 | 0.30 | 0.57 | 0.59 | 0.54 | 0.79 | 0.57 | 0.59 | 0.51 | 0.47 | 0.71 |
| P/B Ratio | 2.09 | 1.61 | 2.17 | 2.74 | 2.13 | 2.62 | 2.29 | 1.81 | 1.28 | 1.05 | 1.51 |
| P/FCF | 24.63 | 24.88 | 6.23 | 20.01 | 20.71 | 7.84 | 11.22 | — | 18.85 | — | 16.39 |
| P/OCF | 7.20 | 7.28 | 4.83 | 9.42 | 10.72 | 7.13 | 7.71 | 19.01 | 8.09 | 14.43 | 8.73 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.71 | 0.86 | 0.98 | 0.91 | 1.32 | 0.91 | 0.53 | 0.37 | 0.30 | 0.51 |
| EV / EBITDA | 8.72 | 8.75 | 7.39 | 11.88 | 8.40 | 152.66 | 16.26 | 11.46 | 6.80 | 7.16 | 5.87 |
| EV / EBIT | 12.14 | 19.17 | 9.32 | 12.42 | 8.49 | — | 17.42 | 27.57 | 12.04 | 11.87 | 8.79 |
| EV / FCF | — | 59.53 | 9.36 | 32.91 | 34.49 | 13.03 | 17.91 | — | 13.74 | — | 11.80 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.4% | 43.4% | 44.0% | 42.7% | 45.1% | 37.1% | 37.9% | 36.0% | 35.1% | 33.7% | 35.7% |
| Operating Margin | 5.8% | 5.8% | 9.5% | 5.9% | 8.6% | -2.5% | 2.9% | 2.0% | 2.8% | 1.0% | 5.5% |
| Net Profit Margin | 2.0% | 2.0% | 7.1% | 5.6% | 6.6% | -4.3% | 3.6% | 0.5% | -0.3% | 1.0% | 3.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.4% | 9.4% | 30.1% | 24.0% | 27.8% | -13.1% | 12.6% | 1.6% | -0.8% | 2.3% | 7.7% |
| ROA | 2.3% | 2.3% | 7.9% | 6.0% | 6.8% | -3.3% | 4.7% | 0.9% | -0.5% | 1.5% | 5.2% |
| ROIC | 7.8% | 7.8% | 12.5% | 7.4% | 10.6% | -2.3% | 5.1% | 6.0% | 8.0% | 2.8% | 15.0% |
| ROCE | 9.3% | 9.3% | 15.2% | 9.4% | 13.0% | -2.7% | 5.4% | 4.6% | 5.5% | 1.9% | 9.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.58 | 2.58 | 1.58 | 2.24 | 2.04 | 2.56 | 1.80 | 0.05 | 0.04 | 0.02 | 0.01 |
| Debt / EBITDA | 5.87 | 5.87 | 3.58 | 5.91 | 4.84 | 89.75 | 7.98 | 0.33 | 0.33 | 0.26 | 0.03 |
| Net Debt / Equity | — | 2.24 | 1.09 | 1.77 | 1.42 | 1.73 | 1.37 | -0.20 | -0.35 | -0.38 | -0.42 |
| Net Debt / EBITDA | 5.10 | 5.10 | 2.47 | 4.66 | 3.36 | 60.85 | 6.08 | -1.42 | -2.53 | -4.04 | -2.29 |
| Debt / FCF | — | 34.65 | 3.13 | 12.90 | 13.78 | 5.19 | 6.70 | — | -5.11 | — | -4.59 |
| Interest Coverage | 5.78 | 5.78 | 12.07 | 12.08 | 9.68 | -2.07 | 4.81 | 15.32 | 26.81 | 11.97 | 62.14 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.50 | 1.50 | 1.55 | 1.59 | 1.57 | 1.62 | 1.67 | 2.00 | 2.37 | 3.02 | 3.17 |
| Quick Ratio | 0.83 | 0.83 | 0.96 | 0.92 | 1.00 | 1.11 | 1.05 | 1.14 | 1.45 | 1.96 | 2.22 |
| Cash Ratio | 0.23 | 0.23 | 0.46 | 0.36 | 0.51 | 0.62 | 0.45 | 0.39 | 0.79 | 1.15 | 1.36 |
| Asset Turnover | — | 1.08 | 1.07 | 1.11 | 1.01 | 0.76 | 1.10 | 1.58 | 1.43 | 1.44 | 1.43 |
| Inventory Turnover | 3.01 | 3.01 | 3.33 | 3.01 | 3.08 | 3.03 | 4.23 | 3.56 | 3.58 | 3.99 | 4.55 |
| Days Sales Outstanding | — | 47.67 | 41.38 | 46.44 | 46.32 | 61.10 | 44.61 | 45.04 | 40.15 | 37.26 | 36.82 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.6% | 7.3% | 3.9% | 3.3% | 2.6% | 1.0% | 2.8% | 4.7% | 6.3% | 7.4% | 4.9% |
| Payout Ratio | 106.3% | 106.3% | 31.7% | 34.6% | 21.4% | — | 43.9% | 522.0% | — | 336.1% | 93.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.6% | 6.0% | 13.5% | 9.6% | 12.0% | — | 6.2% | 0.9% | — | 2.2% | 5.2% |
| FCF Yield | 4.1% | 4.0% | 16.1% | 5.0% | 4.8% | 12.8% | 8.9% | — | 5.3% | — | 6.1% |
| Buyback Yield | 6.9% | 6.8% | 4.1% | 11.7% | 3.6% | 2.6% | 18.9% | 1.5% | 4.2% | 0.3% | 2.8% |
| Total Shareholder Yield | 12.5% | 14.1% | 8.0% | 15.0% | 6.2% | 3.7% | 21.6% | 6.3% | 10.6% | 7.8% | 7.7% |
| Shares Outstanding | — | $69M | $70M | $70M | $66M | $64M | $72M | $82M | $82M | $84M | $85M |
Operating margin compression
According to recent market data, GES trades at a forward P/E of 10.38, which appears to reflect a significant complexity discount compared to peers like Ralph Lauren, potentially overlooking the high-margin stability provided by the company's global licensing portfolio relative to its cyclical retail operations.
The current valuation suggests the market is heavily discounting the retail segment's volatility while failing to assign a premium to the recurring royalty streams. Investors should monitor whether the forward multiple expansion is contingent on a successful turnaround in the Americas or if the market will continue to apply a conglomerate discount due to the disparate nature of the business segments.
Based on reported figures, ROIC has trended downward to 1.1% in 2026Q3 from a peak of 7.1% in 2024Q4, indicating that the company is struggling to generate adequate returns on its expanding asset base as it navigates a challenging global retail environment.
The sharp decline in ROIC suggests that recent capital deployments, including store footprint expansion and potential brand acquisitions, are not yet yielding the expected incremental returns. This trend warrants further investigation into whether the company's capital allocation strategy is effectively prioritizing high-margin licensing growth over capital-intensive retail expansion.
As indicated by the latest financial statements, the cash conversion cycle has become increasingly erratic, with DIO reaching 555 days in 2026Q3, suggesting that inventory management remains a significant drag on operational efficiency compared to historical performance and industry benchmarks.
The extended inventory holding period implies that the company is struggling to align its product assortment with current consumer demand, leading to potential markdown risks. This inefficiency directly impacts the cash conversion cycle, forcing the company to rely more heavily on external financing to bridge the gap between inventory procurement and final cash collection.
According to quarterly filings, the debt-to-equity ratio has climbed to 2.54 in 2026Q3, signaling that the company's reliance on debt financing has increased significantly, which may constrain its ability to navigate future macroeconomic volatility or fund necessary strategic pivots without further balance sheet strain.
The elevated leverage profile, combined with inconsistent interest coverage, suggests that the company's debt service capacity is becoming less comfortable. Investors should monitor the company's ability to refinance existing obligations, as any further deterioration in operating margins could trigger covenant concerns or limit the flexibility required for long-term brand investment.
The price-to-sales ratio is frequently misapplied to GES, as it fails to account for the vastly different margin profiles between the company's high-margin licensing business and its capital-intensive retail operations, thereby obscuring the true earning power of the consolidated entity.
Analysts should instead focus on an adjusted EV/EBITDA metric that separates the licensing segment from the retail business to better reflect the underlying value of the brand's royalty streams. Relying on a blended P/S ratio ignores the structural shift in the profit pool and may lead to an inaccurate assessment of the company's intrinsic value.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying GES stock.
Guess', Inc.'s current P/E ratio is 21.8x. The historical average is 23.1x. This places it at the 77th percentile of its historical range.
Guess', Inc.'s current EV/EBITDA is 8.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.6x.
Guess', Inc.'s return on equity (ROE) is 9.4%. The historical average is 27.2%.
Based on historical data, Guess', Inc. is trading at a P/E of 21.8x. This is at the 77th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Guess', Inc.'s current dividend yield is 5.57% with a payout ratio of 106.3%.
Guess', Inc. has 43.4% gross margin and 5.8% operating margin.
Guess', Inc.'s Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.