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G-III Apparel Group (G-III Apparel Group) Cyclically Adjusted PB Ratio : 1.00 (As of Apr. 28, 2024)


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What is G-III Apparel Group Cyclically Adjusted PB Ratio?

As of today (2024-04-28), G-III Apparel Group's current share price is $28.42. G-III Apparel Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $28.56. G-III Apparel Group's Cyclically Adjusted PB Ratio for today is 1.00.

The historical rank and industry rank for G-III Apparel Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

GIII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 2.18   Max: 8.85
Current: 1

During the past years, G-III Apparel Group's highest Cyclically Adjusted PB Ratio was 8.85. The lowest was 0.33. And the median was 2.18.

GIII's Cyclically Adjusted PB Ratio is ranked worse than
51.79% of 643 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs GIII: 1.00

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.

G-III Apparel Group's adjusted book value per share data for the three months ended in Jan. 2024 was $33.902. 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 $28.56 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


G-III Apparel Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for G-III Apparel Group'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.

G-III Apparel Group Cyclically Adjusted PB Ratio Chart

G-III Apparel Group 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 1.58 1.40 1.19 0.64 1.05

G-III Apparel Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 0.64 0.58 0.75 0.91 1.05

Competitive Comparison of G-III Apparel Group's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, G-III Apparel Group'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.


G-III Apparel Group's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where G-III Apparel Group's Cyclically Adjusted PB Ratio falls into.



G-III Apparel Group 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.

G-III Apparel Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.42/28.56
=1.00

* 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.

G-III Apparel Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, G-III Apparel Group's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=33.902/129.4194*129.4194
=33.902

Current CPI (Jan. 2024) = 129.4194.

G-III Apparel Group Quarterly Data

Book Value per Share CPI Adj_Book
201404 12.848 100.023 16.624
201407 14.959 100.520 19.260
201410 16.649 100.176 21.509
201501 16.933 98.604 22.225
201504 16.922 99.824 21.939
201507 17.363 100.691 22.317
201510 19.435 100.346 25.066
201601 19.500 99.957 25.248
201604 19.789 100.947 25.371
201607 19.671 101.524 25.076
201610 21.071 101.988 26.738
201701 20.996 102.456 26.521
201704 20.880 103.167 26.193
201707 20.962 103.278 26.268
201710 22.553 104.070 28.047
201801 22.819 104.578 28.239
201804 22.032 105.708 26.974
201807 22.107 106.324 26.909
201810 23.927 106.695 29.023
201901 24.410 106.200 29.747
201904 24.259 107.818 29.119
201907 24.460 108.250 29.243
201910 26.352 108.577 31.411
202001 26.883 108.841 31.966
202004 26.681 108.173 31.921
202007 25.595 109.318 30.302
202010 27.095 109.861 31.919
202101 27.621 110.364 32.390
202104 28.069 112.673 32.241
202107 28.427 115.183 31.941
202110 30.601 116.696 33.937
202201 31.720 118.619 34.608
202204 32.338 121.978 34.311
202207 33.357 125.002 34.536
202210 34.161 125.734 35.162
202301 29.657 126.223 30.408
202304 30.277 127.992 30.615
202307 30.229 128.974 30.333
202310 32.875 129.810 32.776
202401 33.902 129.419 33.902

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.


G-III Apparel Group  (NAS:GIII) 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.


G-III Apparel Group Cyclically Adjusted PB Ratio Related Terms

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


G-III Apparel Group (G-III Apparel Group) Business Description

Traded in Other Exchanges
Address
512 Seventh Avenue, New York, NY, USA, 10018
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.
Executives
Neal Nackman officer: Chief Financial Officer/Treas C/O G-III APPAREL GROUP LTD, 512 SEVENTH AVENUE, NEW YORK NY 10019
Laura H Pomerantz director
Alan Feller director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Sammy Aaron director, officer: Vice Chairman C/O GIII APPAREL GROUP, 512 SEVENTH AVENUE, NEW YORK NY 10019
Andrew Yaeger director 512 SEVENTH AVE., NEW YORK NY 10018
Joyce F Brown director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Morris Goldfarb director, 10 percent owner, officer: Chief Executive Officer C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018
Amigo Victor Herrero director C/O CHW ACQUISITION CORPORATION, 2 MANHATTANVILLE ROAD, SUITE 403, PURCHASE NY 10577
Jeffrey David Goldfarb director, other: Dir. of Business Develop. G-III APPAREL, 512 SEVENTH AVENUE, NEW YORK NY 10018
Patti H Ongman director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Lisa W Wardell director 5900 RYLAND DRIVE, BETHESDA MD 20817
Thomas Brosig director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Wayne S Miller officer: Chief Operating Officer C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Robert L Johnson director C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814