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Caleres (FRA:BRP) Cyclically Adjusted Book per Share : €14.26 (As of Jan. 2024)


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What is Caleres 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.

Caleres's adjusted book value per share for the three months ended in Jan. 2024 was €14.502. 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 €14.26 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Caleres's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Caleres was 8.50% per year. The lowest was -3.90% per year. And the median was 2.50% per year.

As of today (2024-05-21), Caleres's current stock price is €33.60. Caleres's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €14.26. Caleres's Cyclically Adjusted PB Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Caleres was 3.20. The lowest was 0.25. And the median was 2.08.


Caleres Cyclically Adjusted Book per Share Historical Data

The historical data trend for Caleres'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.

Caleres Cyclically Adjusted Book per Share Chart

Caleres Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.38 10.92 11.87 12.83 14.26

Caleres Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 12.83 13.16 13.49 14.03 14.26

Competitive Comparison of Caleres's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Caleres'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.


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

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

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



Caleres 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, Caleres'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)
=14.502/130.1244*130.1244
=14.502

Current CPI (Jan. 2024) = 130.1244.

Caleres Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.160 100.023 10.616
201407 8.599 100.520 11.131
201410 9.741 100.176 12.653
201501 10.645 98.604 14.048
201504 11.691 99.824 15.240
201507 11.819 100.691 15.274
201510 12.255 100.346 15.892
201601 12.688 99.957 16.517
201604 12.320 100.947 15.881
201607 12.942 101.524 16.588
201610 13.661 101.988 17.430
201701 13.415 102.456 17.038
201704 13.464 103.167 16.982
201707 12.909 103.278 16.265
201710 13.338 104.070 16.677
201801 13.672 104.578 17.012
201804 13.449 105.708 16.555
201807 14.581 106.324 17.845
201810 15.537 106.695 18.949
201901 13.260 106.200 16.247
201904 13.218 107.818 15.953
201907 13.656 108.250 16.416
201910 14.494 108.577 17.370
202001 14.407 108.841 17.224
202004 6.608 108.173 7.949
202007 5.559 109.318 6.617
202010 5.750 109.861 6.811
202101 4.330 110.364 5.105
202104 4.429 112.673 5.115
202107 5.321 115.183 6.011
202110 6.784 116.696 7.565
202201 7.483 118.619 8.209
202204 8.710 121.978 9.292
202207 10.224 125.002 10.643
202210 11.349 125.734 11.745
202301 10.931 126.223 11.269
202304 11.221 127.992 11.408
202307 11.828 128.974 11.933
202310 13.678 129.810 13.711
202401 14.502 130.124 14.502

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


Caleres  (FRA:BRP) 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.

Caleres's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.60/14.26
=2.36

* 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 Caleres was 3.20. The lowest was 0.25. And the median was 2.08.


Be Aware

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


Caleres Cyclically Adjusted Book per Share Related Terms

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


Caleres (FRA:BRP) Business Description

Industry
Traded in Other Exchanges
Address
8300 Maryland Avenue, St. Louis, MO, USA, 63105
Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.

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