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Barnes & Noble (STU:BAR) Cyclically Adjusted PB Ratio : (As of May. 18, 2024)


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What is Barnes & Noble Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Barnes & Noble Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barnes & Noble'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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Barnes & Noble Cyclically Adjusted PB Ratio Chart

Barnes & Noble Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Cyclically Adjusted PB Ratio
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Barnes & Noble Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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Competitive Comparison of Barnes & Noble's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Barnes & Noble'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.


Barnes & Noble's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Barnes & Noble 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.

Barnes & Noble's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2019 is calculated as:

For example, Barnes & Noble's adjusted Book Value per Share data for the three months ended in Apr. 2019 was:

Adj_Book=Book Value per Share/CPI of Apr. 2019 (Change)*Current CPI (Apr. 2019)
=5.416/107.8184*107.8184
=5.416

Current CPI (Apr. 2019) = 107.8184.

Barnes & Noble Quarterly Data

Book Value per Share CPI Adj_Book
200907 11.722 90.859 13.910
200910 10.708 91.207 12.658
201001 12.004 91.423 14.157
201004 12.060 91.980 14.137
201007 11.600 91.981 13.597
201010 10.407 92.277 12.160
201101 0.000 92.914 0.000
201104 9.944 94.890 11.299
201107 9.406 95.319 10.639
201110 9.658 95.529 10.900
201201 10.992 95.632 12.393
201204 11.235 97.075 12.478
201207 9.628 96.661 10.739
201210 9.748 97.595 10.769
201301 9.386 97.158 10.416
201304 9.337 98.107 10.261
201307 8.081 98.557 8.840
201310 7.839 98.536 8.578
201401 8.603 98.692 9.399
201404 8.059 100.023 8.687
201407 7.650 100.520 8.205
201410 8.337 100.176 8.973
201501 16.627 98.604 18.181
201504 17.368 99.824 18.759
201507 16.116 100.691 17.257
201510 6.861 100.346 7.372
201601 7.940 99.957 8.564
201604 7.255 100.947 7.749
201607 7.109 101.524 7.550
201610 6.606 101.988 6.984
201701 7.705 102.456 8.108
201704 7.397 103.167 7.730
201707 6.643 103.278 6.935
201710 6.035 104.070 6.252
201801 4.992 104.578 5.147
201804 4.622 105.708 4.714
201807 5.333 106.324 5.408
201810 4.962 106.695 5.014
201901 5.680 106.200 5.767
201904 5.416 107.818 5.416

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.


Barnes & Noble  (STU:BAR) 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.


Barnes & Noble Cyclically Adjusted PB Ratio Related Terms

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Barnes & Noble (STU:BAR) Business Description

Traded in Other Exchanges
N/A
Address
122 Fifth Avenue, New York, NY, USA, 10011
Barnes & Noble is a United States-based company that is mainly engaged in retail of books and products of content, digital media, and educational products. The company operates in a multichannel model, including a physical bookstore network throughout the country, an e-commerce platform on BN.com, and its Nook digital business. The company offers books, magazines, music, DVDs, newspapers, and entertainment content, along with e-reading products under the Nook brand. Retail sales from physical stores and BN.com account for the majority of the company's total revenue.