Premier Investments (ASX:PMV) Cyclically Adjusted Book per Share: A$10.68 (As of Jan. 2026)


ASX:PMV Premier Investments Ltd ASX:PMV
76 GF Score
Price A$14.32
GF Value A$11.99
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Premier Investments Cyclically Adjusted Book per Share?

Premier Investments ASX:PMV -2.05% 76 Cyclically Adjusted Book per Share is A$10.68 as of Jan. 2026. GuruFocus rates ASX:PMV with a GF Score™ of 76/100 and a GF Value™ of A$11.99 (Modestly Overvalued). The stock has 4 warning signs investors should review.

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.

Premier Investments's adjusted book value per share data for the fiscal year that ended in Jul. 2025 was A$6.267. 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 A$10.68 for the trailing ten years ended in Jul. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 Premier Investments was 17.20% per year. The lowest was -1.10% per year. And the median was 6.00% per year.

As of today (2026-07-12), Premier Investments's current stock price is A$ 14.32. Premier Investments's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul. 2025 was A$10.68. Premier Investments's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Premier Investments was 2.65. The lowest was 0.88. And the median was 1.65.


Premier Investments  (ASX:PMV) 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.

Premier Investments's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.32/10.68
=1.34

* 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 Premier Investments was 2.65. The lowest was 0.88. And the median was 1.65.


Be Aware

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


Premier Investments Cyclically Adjusted Book per Share Related Terms


Premier Investments Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Premier Investments'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.

Premier Investments Cyclically Adjusted Book per Share Chart

Premier Investments Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.26 9.97 10.51 10.84 10.68

Premier Investments Semi-Annual Data
Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.00 10.84 0.00 10.68 0.00

ASX:PMV vs TJX, ROST, BURL: Cyclically Adjusted Book per Share Comparison

For the Apparel Retail subindustry, Premier Investments'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.


Premier Investments Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


ASX:PMV
76GF Score
Premier Investments Ltd ASX:PMV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Investments 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, Premier Investments's adjusted Book Value per Share data for the fiscal year that ended in Jul. 2025 was:

Adj_Book=Book Value per Share /CPI of Jul. 2025 (Change)*Current CPI (Jul. 2025)
=6.267/133.2763*133.2763
=6.267

Current CPI (Jul. 2025) = 133.2763.

Premier Investments Annual Data

Book Value per Share CPI Adj_Book
201607 8.517 101.602 11.172
201707 8.467 103.460 10.907
201807 8.526 105.410 10.780
201907 8.517 107.174 10.591
202007 8.489 107.917 10.484
202107 9.649 111.168 11.568
202207 10.551 119.248 11.792
202307 10.936 125.656 11.599
202407 11.246 129.185 11.602
202507 6.267 133.276 6.267

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

What does a Cyclically Adjusted Book per Share of A$10.68 mean?
Premier Investments (ASX:PMV) has a Cyclically Adjusted Book per Share of A$10.68 as of Jan. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Premier Investments and its competitors.
Is Premier Investments' Cyclically Adjusted Book per Share too high?
Premier Investments' current Cyclically Adjusted Book per Share is A$10.68. Overall, Premier Investments has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Investments' Cyclically Adjusted Book per Share compare to TJX and ROST?
Premier Investments' Cyclically Adjusted Book per Share of A$10.68 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Premier Investments and its competitors. Premier Investments's current Cyclically Adjusted Book per Share is A$10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Investments stock overvalued right now?
Based on GuruFocus' analysis, Premier Investments (ASX:PMV) is currently considered Modestly Overvalued. The stock's GF Value™ is A$11.99, compared to a current price of A$14.32 — trading 19.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is A$10.68. Premier Investments' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Premier Investments (ASX:PMV), the current Cyclically Adjusted Book per Share is A$10.68 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Premier Investments (ASX:PMV) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Investments stock appears to be overvalued. The current stock price of A$14.32 is trading 19.4% above its estimated GF Value™ of A$11.99. GuruFocus considers Premier Investments to be Modestly Overvalued.

Key valuation signals for ASX:PMV:

  • Cyclically Adjusted Book per Share: A$10.68
  • GF Value™: A$11.99 vs. price of A$14.32 (19.4% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the ASX:PMV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premier Investments Business Description

Address 417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004
Premier Investments owns two global retail brands. While Smiggle has been operating outside of its core Australian and New Zealand markets for many years, the more prolific fashion brand Peter Alexander only recently entered the United Kingdom. The unique Smiggle brand retails children's stationery in Australia and overseas markets. Premier materially restructured in 2025, merging its five core apparel brands with department store Myer. It distributed its Myer equity stake to its shareholders with an in-specie capital reduction and dividend.Premier is also a significant shareholder in Australia-listed Breville Group.
76GF Score

Get the complete analysis for ASX:PMV

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$14.32
Price
A$11.99
GF Value