GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Children's Place Inc (NAS:PLCE) » Definitions » Cyclically Adjusted PB Ratio

Children's Place (Children's Place) Cyclically Adjusted PB Ratio : 0.30 (As of Apr. 27, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Children's Place Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Children's Place's current share price is $7.09. Children's Place's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was $23.89. Children's Place's Cyclically Adjusted PB Ratio for today is 0.30.

The historical rank and industry rank for Children's Place's Cyclically Adjusted PB Ratio or its related term are showing as below:

PLCE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 2.71   Max: 6.07
Current: 0.3

During the past years, Children's Place's highest Cyclically Adjusted PB Ratio was 6.07. The lowest was 0.30. And the median was 2.71.

PLCE's Cyclically Adjusted PB Ratio is ranked better than
87.31% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs PLCE: 0.30

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.

Children's Place's adjusted book value per share data for the three months ended in Oct. 2023 was $9.464. 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 $23.89 for the trailing ten years ended in Oct. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Children's Place Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Children's Place'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.

Children's Place Cyclically Adjusted PB Ratio Chart

Children's Place Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 2.22 2.92 2.79 1.80

Children's Place Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 1.58 1.80 1.19 1.29 1.15

Competitive Comparison of Children's Place's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Children's Place'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.


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

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

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



Children's Place 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.

Children's Place's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.09/23.89
=0.30

* 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.

Children's Place's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Children's Place's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book=Book Value per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=9.464/129.8097*129.8097
=9.464

Current CPI (Oct. 2023) = 129.8097.

Children's Place Quarterly Data

Book Value per Share CPI Adj_Book
201401 27.787 98.692 36.548
201404 27.568 100.023 35.778
201407 26.935 100.520 34.783
201410 28.179 100.176 36.515
201501 28.000 98.604 36.861
201504 27.575 99.824 35.858
201507 25.897 100.691 33.386
201510 27.338 100.346 35.365
201601 27.150 99.957 35.258
201604 27.694 100.947 35.612
201607 26.043 101.524 33.299
201610 27.289 101.988 34.733
201701 28.004 102.456 35.480
201704 28.421 103.167 35.761
201707 28.148 103.278 35.379
201710 29.265 104.070 36.503
201801 27.523 104.578 34.164
201804 20.665 105.708 25.377
201807 19.652 106.324 23.993
201810 21.128 106.695 25.705
201901 19.867 106.200 24.284
201904 17.670 107.818 21.274
201907 15.906 108.250 19.074
201910 16.674 108.577 19.935
202001 15.987 108.841 19.067
202004 7.229 108.173 8.675
202007 4.218 109.318 5.009
202010 5.304 109.861 6.267
202101 6.403 110.364 7.531
202104 9.908 112.673 11.415
202107 11.385 115.183 12.831
202110 15.425 116.696 17.158
202201 16.218 118.619 17.748
202204 15.994 121.978 17.021
202207 14.143 125.002 14.687
202210 16.843 125.734 17.389
202301 12.963 126.223 13.331
202304 10.143 127.992 10.287
202307 6.889 128.974 6.934
202310 9.464 129.810 9.464

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.


Children's Place  (NAS:PLCE) 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.


Children's Place Cyclically Adjusted PB Ratio Related Terms

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


Children's Place (Children's Place) Business Description

Traded in Other Exchanges
Address
500 Plaza Drive, Secaucus, NJ, USA, 07094
Children's Place Inc is pure-play children's specialty apparel retailer in North America. It design, contract to manufacture, sell at retail and wholesale, and license to sell, trend right, high quality merchandise predominantly at value prices, under proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.
Executives
Maegan Markee officer: BRAND PRESIDENT 500 PLAZA DRIVE, SECAUCUS NJ 07094
Alicia Enciso director 1721 VALLEY AVENUE, MCLEAN VA 22101
Jane T Elfers officer: President and CEO C/O THE CHILDRENS PLACE RETAIL STORES, 915 SECAUCUS ROAD, SECAUCUS NJ 07094
Wesley S Mcdonald director
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Sheamus Toal officer: SVP, CHIEF FINANCIAL OFFICER 450 W. 33RD STREET, 5TH FLOOR, NEW YORK NY 10001
John E. Bachman director 77 EXETER STREET, 1809, BOSTON MA 02116
Joseph A Alutto director 810 CURLEYS COURT, COLUMBUS OH 43235
Jared Shure officer: SVP, GEN COUNSEL & SECRETARY 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Elizabeth J Boland director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Deborah Derby officer: CHIEF ADMINISTRATIVE OFFICER TOYS R US INC, 225 SUMMIT AVE, MONTVALE NJ 07645
Katherine Kountze director 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Michael D Rinaldo officer: CHIEF ACCOUNTING OFFICER C/O TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022
Leah Swan officer: CHIEF ADMINISTRATIVE OFFICER 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, INC., SECAUCUS NJ 07094
Robert F Helm officer: SVP, FINANCE & INV MGMT (CAO) 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094

Children's Place (Children's Place) Headlines

From GuruFocus

The Children's Place Announces Preliminary Unaudited Results for the Fourth Quarter 2022

By Stock market mentor Stock market mentor 02-06-2023

The iconic Gymboree brand launches on Amazon.com

By PRNewswire PRNewswire 08-04-2022