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Five Below (Five Below) Cyclically Adjusted PB Ratio : 10.85 (As of May. 01, 2024)


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What is Five Below Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Five Below's current share price is $146.23. Five Below's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $13.48. Five Below's Cyclically Adjusted PB Ratio for today is 10.85.

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

FIVE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.92   Med: 18.66   Max: 33.96
Current: 10.92

During the past years, Five Below's highest Cyclically Adjusted PB Ratio was 33.96. The lowest was 10.92. And the median was 18.66.

FIVE's Cyclically Adjusted PB Ratio is ranked worse than
94.16% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs FIVE: 10.92

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.

Five Below's adjusted book value per share data for the three months ended in Jan. 2024 was $28.714. 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 $13.48 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Five Below Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Five Below'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.

Five Below Cyclically Adjusted PB Ratio Chart

Five Below Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 28.06 20.07 18.24 13.31

Five Below Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 18.24 17.10 17.04 13.52 13.31

Competitive Comparison of Five Below's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Five Below'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.


Five Below's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Five Below's Cyclically Adjusted PB Ratio falls into.



Five Below 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.

Five Below's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=146.23/13.48
=10.85

* 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.

Five Below's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Five Below's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=28.714/129.4194*129.4194
=28.714

Current CPI (Jan. 2024) = 129.4194.

Five Below Quarterly Data

Book Value per Share CPI Adj_Book
201404 2.271 100.023 2.938
201407 2.444 100.520 3.147
201410 2.554 100.176 3.300
201501 3.202 98.604 4.203
201504 3.336 99.824 4.325
201507 3.529 100.691 4.536
201510 3.657 100.346 4.717
201601 4.478 99.957 5.798
201604 4.647 100.947 5.958
201607 4.916 101.524 6.267
201610 5.068 101.988 6.431
201701 6.036 102.456 7.624
201704 6.246 103.167 7.835
201707 6.640 103.278 8.321
201710 6.903 104.070 8.584
201801 8.272 104.578 10.237
201804 8.593 105.708 10.520
201807 9.116 106.324 11.096
201810 9.416 106.695 11.421
201901 11.031 106.200 13.443
201904 11.366 107.818 13.643
201907 11.673 108.250 13.956
201910 11.593 108.577 13.818
202001 13.638 108.841 16.217
202004 12.376 108.173 14.807
202007 12.965 109.318 15.349
202010 13.417 109.861 15.806
202101 15.766 110.364 18.488
202104 16.620 112.673 19.090
202107 17.894 115.183 20.106
202110 18.442 116.696 20.453
202201 20.126 118.619 21.958
202204 20.092 121.978 21.318
202207 20.944 125.002 21.684
202210 21.337 125.734 21.962
202301 24.523 126.223 25.144
202304 24.922 127.992 25.200
202307 25.861 128.974 25.950
202310 24.966 129.810 24.891
202401 28.714 129.419 28.714

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.


Five Below  (NAS:FIVE) 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.


Five Below Cyclically Adjusted PB Ratio Related Terms

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


Five Below (Five Below) Business Description

Traded in Other Exchanges
Address
701 Market Street, Suite 300, Philadelphia, PA, USA, 19106
Five Below is a value-oriented retailer that operated 1,340 stores in the United States as of the end of fiscal 2022. Catering to teen and preteen consumers, its stores feature a wide variety of merchandise, the vast majority of which is priced below $6. The assortment focuses on discretionary items in several categories, particularly leisure (such as sporting goods, toys, and electronics; 48% of fiscal 2022 sales), fashion and home (for example, beauty products and accessories, home goods, and storage solutions; 29% of fiscal 2022 sales), and party and snack (including seasonal goods, candy, and beverages; 23% of fiscal 2022 sales). The chain had stores in 42 states as of the end of fiscal 2022.
Executives
Thomas Vellios director C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Mimi Eckel Vaughn director C/O GENESCO INC, 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Joel D Anderson director, officer: President & CEO 6436 CITY WEST PARKWAY, EDEN PRAIRIE MN 55344
Kristy Chipman officer: CFO & Treasurer 1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Ronald Sargent director 1014 VINE STREET, CINCINNATI OH 45202
Catherine Elizabeth Buggeln director THE DRESS BARN, INC., 30 DUNNIGAN DRIVE, SUFFERN NY 10901
Kathleen S Barclay director 300 RENAISSANCE CENTER, PO BOX 300 MC 482 C32 D82, DETROIT MI 48265-3000
Michael Romanko officer: CMO C/O FIVE BELOW, INC., 1818 MARKET ST, STE. 2000, PHILADELPHIA PA 19103
George Hill officer: EVP, Store Operations C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Eric M Specter officer: CAO
Kenneth R Bull officer: CFO & Treasurer 1809 WALNUT STREET, PHILADELLPHIA PA 19103
Zuhairah Scott Washington director C/O FIVE BELOW, INC., 701 MARKET STREET, SUITE 300, PHILADELPHIA PA 19106
Devine Michael F Iii director COACH, 516 W 34TH STREET, NEW YORK NY 1001
Bernard Jin Kim director C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Judith L. Werthauser officer: Chief Experience Officer 2726 MAITLAND DRIVE, ANN ARBOR MI 48105