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SMCP (STU:SFC) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is SMCP Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SMCP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SMCP'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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SMCP Cyclically Adjusted PB Ratio Chart

SMCP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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SMCP Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of SMCP's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, SMCP'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.


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

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

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



SMCP 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.

SMCP's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, SMCP's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=15.691/114.1600*114.1600
=15.691

Current CPI (Dec22) = 114.1600.

SMCP Annual Data

Book Value per Share CPI Adj_Book
0.000 0.000
201412 0.000 99.860 0.000
201512 0.476 100.040 0.543
201612 1.072 100.650 1.216
201712 14.788 101.850 16.575
201812 15.608 103.470 17.221
201912 16.218 104.980 17.636
202012 14.810 104.960 16.108
202112 15.009 107.850 15.887
202212 15.691 114.160 15.691

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.


SMCP  (STU:SFC) 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.


SMCP Cyclically Adjusted PB Ratio Related Terms

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SMCP (STU:SFC) Business Description

Traded in Other Exchanges
Address
49, Rue Etienne Marcel, Paris, FRA, 75001
SMCP SA is an international apparel and accessories, retail group. The company's products include womenswear, menswear, and accessories which are sold through a network of points of sale and websites under four brands: Sandro, Maje, Claudie Pierlot, and Fursac. It generates maximum revenue from the Sandro segment.

SMCP (STU:SFC) Headlines

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