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Big 5 Sporting Goods (Big 5 Sporting Goods) Cyclically Adjusted PB Ratio : 0.32 (As of Apr. 30, 2024)


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What is Big 5 Sporting Goods Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Big 5 Sporting Goods's current share price is $3.65. Big 5 Sporting Goods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.42. Big 5 Sporting Goods's Cyclically Adjusted PB Ratio for today is 0.32.

The historical rank and industry rank for Big 5 Sporting Goods's Cyclically Adjusted PB Ratio or its related term are showing as below:

BGFV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.24   Max: 4.52
Current: 0.32

During the past years, Big 5 Sporting Goods's highest Cyclically Adjusted PB Ratio was 4.52. The lowest was 0.08. And the median was 1.24.

BGFV's Cyclically Adjusted PB Ratio is ranked better than
87.07% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs BGFV: 0.32

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.

Big 5 Sporting Goods's adjusted book value per share data for the three months ended in Dec. 2023 was $10.892. 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 $11.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Big 5 Sporting Goods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Big 5 Sporting Goods'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.

* Premium members only.

Big 5 Sporting Goods Cyclically Adjusted PB Ratio Chart

Big 5 Sporting Goods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 1.13 1.89 0.80 0.56

Big 5 Sporting Goods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 0.69 0.81 0.61 0.56

Competitive Comparison of Big 5 Sporting Goods's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Big 5 Sporting Goods'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.


Big 5 Sporting Goods's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Big 5 Sporting Goods's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Big 5 Sporting Goods's Cyclically Adjusted PB Ratio falls into.



Big 5 Sporting Goods 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.

Big 5 Sporting Goods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.65/11.42
=0.32

* 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.

Big 5 Sporting Goods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Big 5 Sporting Goods's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.892/129.4194*129.4194
=10.892

Current CPI (Dec. 2023) = 129.4194.

Big 5 Sporting Goods Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.474 99.695 11.001
201406 8.499 100.560 10.938
201409 8.745 100.428 11.270
201412 8.792 99.070 11.485
201503 8.742 99.621 11.357
201506 8.777 100.684 11.282
201509 8.955 100.392 11.544
201512 9.072 99.792 11.765
201603 8.843 100.470 11.391
201606 8.842 101.688 11.253
201609 9.098 101.861 11.559
201612 9.315 101.863 11.835
201703 9.335 102.862 11.745
201706 9.340 103.349 11.696
201709 9.476 104.136 11.777
201712 8.764 104.011 10.905
201803 8.544 105.290 10.502
201806 8.403 106.317 10.229
201809 8.425 106.507 10.237
201812 8.162 105.998 9.965
201903 8.113 107.251 9.790
201906 8.064 108.070 9.657
201909 8.335 108.329 9.958
201912 8.326 108.420 9.939
202003 8.016 108.902 9.526
202006 8.520 108.767 10.138
202009 9.734 109.815 11.472
202012 10.608 109.897 12.492
202103 11.270 111.754 13.051
202106 11.728 114.631 13.241
202109 12.539 115.734 14.022
202112 12.097 117.630 13.309
202203 12.034 121.301 12.839
202206 12.193 125.017 12.622
202209 12.258 125.227 12.668
202212 12.116 125.222 12.522
202303 11.769 127.348 11.960
202306 11.510 128.729 11.572
202309 11.378 129.860 11.339
202312 10.892 129.419 10.892

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.


Big 5 Sporting Goods  (NAS:BGFV) 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.


Big 5 Sporting Goods Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Big 5 Sporting Goods's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Big 5 Sporting Goods (Big 5 Sporting Goods) Business Description

Traded in Other Exchanges
Address
2525 East El Segundo Boulevard, El Segundo, CA, USA, 90245
Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform.
Executives
Jeffrey L Fraley officer: Senior VP, Human Resources
Shane O Starr officer: Senior VP, Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BOULEVARD, EL SEGUNDO CA 90245
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Ian R Landgreen officer: SVP and General Counsel 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Stephen E. Carley director 6312 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Lily W Chang director 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Van B Honeycutt director 3820 STATE ST, SANTA BARBARA CA 93105
Brown Colleen B director C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Barry Emerson officer: Executive VP, CFO & Treasurer
Steven G Miller director, officer: Chairman, President and CEO
Boyd O Clark officer: Executive VP, Buying C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUND BLVD, EL SEGUNDO CA 90245
Luke D Thompson officer: Executive VP & General Counsel C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
David Jessick director 15465 SE RIVERSHORE DRIVE, VANCOUVER WA 98683
Michael P. Marrone officer: Senior VP, Store Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Sandra N Bane director