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Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Cyclically Adjusted PB Ratio : 9.26 (As of Apr. 29, 2024)


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What is Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Lvmh Moet Hennessy Louis Vuitton SE's current share price is $166.98. Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $18.04. Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio for today is 9.26.

The historical rank and industry rank for Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio or its related term are showing as below:

LVMUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.49   Med: 6.29   Max: 12.69
Current: 9.72

During the past 13 years, Lvmh Moet Hennessy Louis Vuitton SE's highest Cyclically Adjusted PB Ratio was 12.69. The lowest was 3.49. And the median was 6.29.

LVMUY's Cyclically Adjusted PB Ratio is ranked worse than
93.32% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs LVMUY: 9.72

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.

Lvmh Moet Hennessy Louis Vuitton SE's adjusted book value per share data of for the fiscal year that ended in Dec23 was $26.642. 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 $18.04 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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.

Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio Chart

Lvmh Moet Hennessy Louis Vuitton SE 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 7.64 8.84 11.38 9.31 9.01

Lvmh Moet Hennessy Louis Vuitton SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 11.38 - 9.31 - 9.01

Competitive Comparison of Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Lvmh Moet Hennessy Louis Vuitton SE'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.


Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio falls into.



Lvmh Moet Hennessy Louis Vuitton SE 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.

Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.98/18.04
=9.26

* 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.

Lvmh Moet Hennessy Louis Vuitton SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Lvmh Moet Hennessy Louis Vuitton SE's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=26.642/118.2300*118.2300
=26.642

Current CPI (Dec23) = 118.2300.

Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Book Value per Share CPI Adj_Book
201412 10.694 99.860 12.661
201512 10.546 100.040 12.464
201612 11.089 100.650 13.026
201712 13.638 101.850 15.831
201812 14.611 103.470 16.695
201912 16.143 104.980 18.180
202012 18.065 104.960 20.349
202112 21.149 107.850 23.184
202212 23.302 114.160 24.133
202312 26.642 118.230 26.642

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.


Lvmh Moet Hennessy Louis Vuitton SE  (OTCPK:LVMUY) 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.


Lvmh Moet Hennessy Louis Vuitton SE Cyclically Adjusted PB Ratio Related Terms

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


Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Business Description

Address
22, Avenue Montaigne, Paris, FRA, 75008
LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.

Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Headlines

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