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Kingfisher (Kingfisher) Cyclically Adjusted PB Ratio : 0.73 (As of May. 25, 2024)


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What is Kingfisher Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Kingfisher's current share price is $6.601. Kingfisher's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 was $9.05. Kingfisher's Cyclically Adjusted PB Ratio for today is 0.73.

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

KGFHY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.12   Max: 1.82
Current: 0.73

During the past 13 years, Kingfisher's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.44. And the median was 1.12.

KGFHY's Cyclically Adjusted PB Ratio is ranked better than
68.39% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs KGFHY: 0.73

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.

Kingfisher's adjusted book value per share data of for the fiscal year that ended in Jan24 was $9.002. 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 $9.05 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingfisher Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kingfisher'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.

Kingfisher Cyclically Adjusted PB Ratio Chart

Kingfisher 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 0.70 0.94 1.05 0.81 0.61

Kingfisher Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 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 1.05 - 0.81 - 0.61

Competitive Comparison of Kingfisher's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, Kingfisher'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.


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

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

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



Kingfisher 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.

Kingfisher's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.601/9.05
=0.73

* 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.

Kingfisher's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 is calculated as:

For example, Kingfisher's adjusted Book Value per Share data for the fiscal year that ended in Jan24 was:

Adj_Book=Book Value per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=9.002/130.0000*130.0000
=9.002

Current CPI (Jan24) = 130.0000.

Kingfisher Annual Data

Book Value per Share CPI Adj_Book
201501 8.021 99.200 10.511
201601 7.752 99.900 10.088
201701 7.473 101.800 9.543
201801 8.017 104.500 9.973
201901 7.520 106.400 9.188
202001 7.189 108.300 8.629
202101 8.493 109.300 10.101
202201 8.891 114.600 10.086
202301 8.408 124.800 8.758
202401 9.002 130.000 9.002

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.


Kingfisher  (OTCPK:KGFHY) 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.


Kingfisher Cyclically Adjusted PB Ratio Related Terms

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


Kingfisher (Kingfisher) Business Description

Traded in Other Exchanges
Address
1 Paddington Square, London, GBR, W2 1GG
Kingfisher is a home improvement company with over 1,570 stores in eight countries across Europe. The company operates several retail banners that are focused on trade customers and general do-it-yourself needs. Kingfisher's main retail brands include B&Q, Screwfix, and TradePoint in the United Kingdom and Castorama and Brico Depot in France. The U.K. and France are Kingfisher's largest markets, accounting for 81% of sales. The company is the second-largest DIY retailer in Europe, with a leading position in the U.K. and a number-two position in France.

Kingfisher (Kingfisher) Headlines

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