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FIVE (Five Below) Cyclically Adjusted Book per Share : $16.63 (As of Jan. 2025)


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What is Five Below 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.

Five Below's adjusted book value per share for the three months ended in Jan. 2025 was $32.861. 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 $16.63 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Five Below's average Cyclically Adjusted Book Growth Rate was 22.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.70% 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 Five Below was 29.40% per year. The lowest was 26.70% per year. And the median was 28.05% per year.

As of today (2025-05-16), Five Below's current stock price is $104.89. Five Below's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $16.63. Five Below's Cyclically Adjusted PB Ratio of today is 6.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Five Below was 33.96. The lowest was 3.41. And the median was 15.78.


Five Below Cyclically Adjusted Book per Share Historical Data

The historical data trend for Five Below'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.

Five Below Cyclically Adjusted Book per Share Chart

Five Below Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.26 8.17 10.81 13.55 16.63

Five Below Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 13.55 14.42 15.12 15.82 16.63

Competitive Comparison of Five Below's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Five Below'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.


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

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

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


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Five Below 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, Five Below's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=32.861/134.0288*134.0288
=32.861

Current CPI (Jan. 2025) = 134.0288.

Five Below Quarterly Data

Book Value per Share CPI Adj_Book
201504 3.336 99.824 4.479
201507 3.529 100.691 4.697
201510 3.657 100.346 4.885
201601 4.478 99.957 6.004
201604 4.647 100.947 6.170
201607 4.916 101.524 6.490
201610 5.068 101.988 6.660
201701 6.036 102.456 7.896
201704 6.246 103.167 8.114
201707 6.640 103.278 8.617
201710 6.903 104.070 8.890
201801 8.272 104.578 10.602
201804 8.593 105.708 10.895
201807 9.116 106.324 11.491
201810 9.416 106.695 11.828
201901 11.031 106.200 13.922
201904 11.366 107.818 14.129
201907 11.673 108.250 14.453
201910 11.593 108.577 14.311
202001 13.638 108.841 16.794
202004 12.376 108.173 15.334
202007 12.966 109.318 15.897
202010 13.417 109.861 16.369
202101 15.766 110.364 19.147
202104 16.620 112.673 19.770
202107 17.894 115.183 20.822
202110 18.442 116.696 21.181
202201 20.127 118.619 22.742
202204 20.092 121.978 22.077
202207 20.944 125.002 22.456
202210 21.338 125.734 22.746
202301 24.523 126.223 26.040
202304 24.922 127.992 26.097
202307 25.861 128.974 26.874
202310 24.966 129.810 25.777
202401 28.714 130.124 29.576
202404 28.774 132.289 29.152
202407 29.228 132.708 29.519
202410 29.374 133.182 29.561
202501 32.861 134.029 32.861

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


Five Below  (NAS:FIVE) 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.

Five Below's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=104.89/16.63
=6.31

* 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 Five Below was 33.96. The lowest was 3.41. And the median was 15.78.


Be Aware

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


Five Below Cyclically Adjusted Book per Share Related Terms

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


Five Below Business Description

Industry
Traded in Other Exchanges
Address
701 Market Street, Suite 300, Philadelphia, PA, USA, 19106
Five Below Inc is a specialty value retailer offering merchandise targeted at the tween and teen demographic. The Company's edited assortment of products includes select brands and licensed merchandise. It derives revenue from sales of the Company's merchandise to customers.
Executives
Eric M Specter officer: CAO
Thomas Vellios director C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Mimi Eckel Vaughn director C/O GENESCO INC, 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Joel D Anderson director, officer: President & CEO 6436 CITY WEST PARKWAY, EDEN PRAIRIE MN 55344
Kristy Chipman officer: CFO & Treasurer 1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Ronald Sargent director 1014 VINE STREET, CINCINNATI OH 45202
Catherine Elizabeth Buggeln director THE DRESS BARN, INC., 30 DUNNIGAN DRIVE, SUFFERN NY 10901
Kathleen S Barclay director 300 RENAISSANCE CENTER, PO BOX 300 MC 482 C32 D82, DETROIT MI 48265-3000
Michael Romanko officer: CMO C/O FIVE BELOW, INC., 1818 MARKET ST, STE. 2000, PHILADELPHIA PA 19103
George Hill officer: EVP, Store Operations C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Kenneth R Bull officer: CFO & Treasurer 1809 WALNUT STREET, PHILADELLPHIA PA 19103
Zuhairah Scott Washington director C/O FIVE BELOW, INC., 701 MARKET STREET, SUITE 300, PHILADELPHIA PA 19106
Devine Michael F Iii director COACH, 516 W 34TH STREET, NEW YORK NY 1001
Bernard Jin Kim director C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Judith L. Werthauser officer: Chief Experience Officer 2726 MAITLAND DRIVE, ANN ARBOR MI 48105