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Elizabeth Arden (FRA:FR2) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Elizabeth Arden Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Elizabeth Arden Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Elizabeth Arden'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.

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Elizabeth Arden Cyclically Adjusted PB Ratio Chart

Elizabeth Arden Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Cyclically Adjusted PB Ratio
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Elizabeth Arden Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Elizabeth Arden's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Elizabeth Arden'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.


Elizabeth Arden's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Elizabeth Arden's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Elizabeth Arden 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.

Elizabeth Arden's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Elizabeth Arden's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=1.77/101.6881*101.6881
=1.770

Current CPI (Jun. 2016) = 101.6881.

Elizabeth Arden Quarterly Data

Book Value per Share CPI Adj_Book
200609 7.537 85.606 8.953
200612 7.994 85.142 9.548
200703 8.123 86.640 9.534
200706 8.296 87.906 9.597
200709 7.935 87.964 9.173
200712 8.450 88.616 9.696
200803 7.684 90.090 8.673
200806 7.546 92.320 8.312
200809 8.097 92.307 8.920
200812 8.904 88.697 10.208
200903 9.044 89.744 10.248
200906 8.374 91.003 9.357
200909 8.082 91.120 9.019
200912 8.592 91.111 9.589
201003 9.143 91.821 10.126
201006 10.205 91.962 11.284
201009 9.695 92.162 10.697
201012 10.643 92.474 11.703
201103 10.021 94.283 10.808
201106 9.963 95.235 10.638
201109 10.672 95.727 11.337
201112 12.337 95.213 13.176
201203 12.434 96.783 13.064
201206 13.043 96.819 13.699
201209 12.808 97.633 13.340
201212 13.790 96.871 14.476
201303 13.760 98.209 14.247
201306 13.172 98.518 13.596
201309 12.981 98.790 13.362
201312 13.474 98.326 13.935
201403 12.747 99.695 13.002
201406 9.176 100.560 9.279
201409 8.779 100.428 8.889
201412 7.584 99.070 7.784
201503 7.455 99.621 7.610
201506 3.957 100.684 3.996
201509 3.415 100.392 3.459
201512 3.368 99.792 3.432
201603 2.450 100.470 2.480
201606 1.770 101.688 1.770

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.


Elizabeth Arden  (FRA:FR2) 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.


Elizabeth Arden Cyclically Adjusted PB Ratio Related Terms

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Elizabeth Arden (FRA:FR2) Business Description

Traded in Other Exchanges
N/A
Address
Elizabeth Arden Inc is incorporated on June 26, 1992 in the state of Florida. The Company is a beauty products company with a portfolio of prestige fragrance, skin care and cosmetics brands. The Company's portfolio includes Elizabeth Arden Brand, Celebrity Fragrances, Heritage Fragrances and Designer Fragrances. In addition to its owned or licensed fragrance brands, the Company distributes additional prestige fragrance brands, in the United States through distribution and other purchasing agreements. It sells its prestige beauty products to retailers in the United States and internationally, including; U.S. prestige retailers and specialty stores such as Macy's, Dillard's, Ulta, Belk, Sephora, Bloomingdales and Nordstrom; U.S. mass retailers, including mid-tier and chain drug retailers, such as Wal-Mart, Target, Kohl's, Walgreens, CVS, and TJ Maxx and Marshalls; and International retailers such as Boots, Debenhams, Superdrug Stores, The Perfume Shop, Hudson's Bay, Shoppers Drug Mart, Myer, Douglas and various travel retail outlets such as Nuance, Heinemann and World Duty Free. The Company and its products are subject to regulation by the Food and Drug Administration, the Federal Trade Commission and state regulatory authorities in the United States, as well as by various other federal, local and international regulatory authorities in the countries in which its products are produced or sold.

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