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Deckers Outdoor (Deckers Outdoor) Cyclically Adjusted Book per Share : $48.04 (As of Dec. 2023)


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What is Deckers Outdoor Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Deckers Outdoor's adjusted book value per share for the three months ended in Dec. 2023 was $82.035. 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 $48.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Deckers Outdoor's average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Deckers Outdoor was 24.90% per year. The lowest was 7.20% per year. And the median was 14.50% per year.

As of today (2024-04-27), Deckers Outdoor's current stock price is $833.46. Deckers Outdoor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $48.04. Deckers Outdoor's Cyclically Adjusted PB Ratio of today is 17.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deckers Outdoor was 19.59. The lowest was 2.44. And the median was 6.03.


Deckers Outdoor Cyclically Adjusted Book per Share Historical Data

The historical data trend for Deckers Outdoor's Cyclically Adjusted Book per Share 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.

Deckers Outdoor Cyclically Adjusted Book per Share Chart

Deckers Outdoor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.45 28.28 32.13 38.21 43.88

Deckers Outdoor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 42.13 43.88 45.46 46.93 48.04

Competitive Comparison of Deckers Outdoor's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Deckers Outdoor'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.


Deckers Outdoor's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Deckers Outdoor Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Deckers Outdoor's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=82.035/129.4194*129.4194
=82.035

Current CPI (Dec. 2023) = 129.4194.

Deckers Outdoor Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.671 99.695 33.325
201406 24.693 100.560 31.780
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 28.145 99.621 36.564
201506 25.948 100.684 33.354
201509 26.739 100.392 34.471
201512 31.454 99.792 40.792
201603 30.215 100.470 38.921
201606 28.633 101.688 36.441
201609 29.836 101.861 37.908
201612 30.405 101.863 38.630
201703 29.833 102.862 37.535
201706 28.553 103.349 35.756
201709 30.241 104.136 37.583
201712 32.523 104.011 40.468
201803 30.899 105.290 37.980
201806 29.706 106.317 36.161
201809 28.831 106.507 35.033
201812 34.945 105.998 42.667
201903 35.865 107.251 43.278
201906 34.361 108.070 41.149
201909 32.754 108.329 39.131
201912 40.160 108.420 47.938
202003 40.720 108.902 48.392
202006 40.597 108.767 48.305
202009 44.262 109.815 52.164
202012 53.997 109.897 63.589
202103 51.746 111.754 59.925
202106 51.295 114.631 57.912
202109 53.098 115.734 59.377
202112 57.436 117.630 63.193
202203 57.032 121.301 60.849
202206 55.356 125.017 57.305
202209 57.243 125.227 59.160
202212 67.121 125.222 69.371
202303 67.456 127.348 68.553
202306 68.952 128.729 69.322
202309 69.519 129.860 69.283
202312 82.035 129.419 82.035

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Deckers Outdoor  (NYSE:DECK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Deckers Outdoor's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=833.46/48.04
=17.35

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deckers Outdoor was 19.59. The lowest was 2.44. And the median was 6.03.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Deckers Outdoor Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Deckers Outdoor's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Deckers Outdoor (Deckers Outdoor) Business Description

Traded in Other Exchanges
Address
250 Coromar Drive, Goleta, CA, USA, 93117
Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.
Executives
David Powers officer: President, Direct to Consumer 495-A SOUTH FAIRVIEW AVE, GOLETA CA 93117
Caroti Stefano officer: President of Omni Channel 250 COROMAR DRIVE, GOLETA CA 93117
Devine Michael F Iii director COACH, 516 W 34TH STREET, NEW YORK NY 1001
Thomas Garcia officer: SVP, General Counsel 250 COROMAR DRIVE, GOLETA CA 93117
Steven J. Fasching officer: Chief Financial Officer 250 COROMAR DRIVE, GOLETA CA 93117
Angela Ogbechie officer: Chief Supply Chain Officer 250 COROMAR DRIVE, GOLETA CA 93117
Lauri M Shanahan director C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Bonita C. Stewart director 250 COROMAR DRIVE, GOLETA CA 93117
Anne Spangenberg officer: President, Fashion Lifestyle 250 COROMAR DRIVE, GOLETA CA 93117
David E. Lafitte officer: COO 250 COROMAR DRIVE, GOLETA CA 93117
Wendy W Yang officer: President, PLG 250 COROMAR DRIVE, GOLETA CA 93117
David A Burwick director 32 AUTUMN LANE, NEW CANAAN CT 06840
Maha Saleh Ibrahim director 2765 SAND HILL ROAD, MENLO PARK CA 94025
Andrea O'donnell officer: President, Fashion Lifestyle 250 COROMAR DRIVE, GOLETA CA 93117
Victor Luis director 10 HUDSON YARDS, NEW YORK NY 10001