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Iconix Brand Group (FRA:IKIA) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Iconix Brand Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iconix Brand Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iconix Brand Group'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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Iconix Brand Group Cyclically Adjusted PB Ratio Chart

Iconix Brand Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Iconix Brand Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Iconix Brand Group's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Iconix Brand Group'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.


Iconix Brand Group's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Iconix Brand Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Iconix Brand Group's Cyclically Adjusted PB Ratio falls into.



Iconix Brand Group 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.

Iconix Brand Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Iconix Brand Group's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book=Book Value per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=-16.002/111.7544*111.7544
=-16.002

Current CPI (Mar. 2021) = 111.7544.

Iconix Brand Group Quarterly Data

Book Value per Share CPI Adj_Book
201106 108.340 95.235 127.133
201109 115.967 95.727 135.383
201112 124.328 95.213 145.927
201203 126.556 96.783 146.133
201206 137.442 96.819 158.644
201209 135.686 97.633 155.311
201212 135.696 96.871 156.544
201303 141.800 98.209 161.357
201306 141.501 98.518 160.513
201309 139.572 98.790 157.888
201312 140.604 98.326 159.806
201403 137.289 99.695 153.897
201406 127.854 100.560 142.087
201409 150.092 100.428 167.020
201412 138.378 99.070 156.096
201503 180.634 99.621 202.634
201506 178.018 100.684 197.592
201509 177.148 100.392 197.199
201512 111.637 99.792 125.019
201603 114.602 100.470 127.473
201606 110.285 101.688 121.202
201609 109.961 101.861 120.641
201612 62.850 101.863 68.953
201703 61.385 102.862 66.692
201706 68.880 103.349 74.482
201709 -15.019 104.136 -16.118
201712 -10.967 104.011 -11.783
201803 -4.488 105.290 -4.764
201806 -14.784 106.317 -15.540
201809 -11.106 106.507 -11.653
201812 -19.369 105.998 -20.421
201903 -15.423 107.251 -16.071
201906 -11.182 108.070 -11.563
201909 -14.558 108.329 -15.018
201912 -21.728 108.420 -22.396
202003 -23.459 108.902 -24.074
202006 -24.127 108.767 -24.790
202009 -17.327 109.815 -17.633
202012 -17.189 109.897 -17.480
202103 -16.002 111.754 -16.002

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.


Iconix Brand Group  (FRA:IKIA) 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.


Iconix Brand Group Cyclically Adjusted PB Ratio Related Terms

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Iconix Brand Group (FRA:IKIA) Business Description

Traded in Other Exchanges
N/A
Address
1450 Broadway, 3rd Floor, New York, NY, USA, 10018
Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl's, and Kmart/Sears. Some of the company's notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.

Iconix Brand Group (FRA:IKIA) Headlines

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