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Designer Brands (FRA:D9W) Cyclically Adjusted Book per Share : €10.06 (As of Jan. 2024)


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What is Designer Brands 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.

Designer Brands's adjusted book value per share for the three months ended in Jan. 2024 was €5.763. 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 €10.06 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Designer Brands's average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Designer Brands was 11.00% per year. The lowest was -0.20% per year. And the median was 5.75% per year.

As of today (2024-05-14), Designer Brands's current stock price is €8.65. Designer Brands's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €10.06. Designer Brands's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Designer Brands was 7.36. The lowest was 0.35. And the median was 2.06.


Designer Brands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Designer Brands'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.

Designer Brands Cyclically Adjusted Book per Share Chart

Designer Brands 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 9.86 9.03 9.97 10.12 10.06

Designer Brands 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 10.12 10.30 10.19 10.88 10.06

Competitive Comparison of Designer Brands's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Designer Brands'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.


Designer Brands's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Designer Brands 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, Designer Brands'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)
=5.763/129.4194*129.4194
=5.763

Current CPI (Jan. 2024) = 129.4194.

Designer Brands Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.145 100.023 10.539
201407 8.219 100.520 10.582
201410 8.911 100.176 11.512
201501 9.848 98.604 12.926
201504 10.928 99.824 14.168
201507 10.915 100.691 14.029
201510 10.577 100.346 13.641
201601 10.174 99.957 13.173
201604 10.028 100.947 12.856
201607 10.378 101.524 13.230
201610 10.433 101.988 13.239
201701 10.991 102.456 13.883
201704 10.988 103.167 13.784
201707 10.503 103.278 13.162
201710 10.092 104.070 12.550
201801 9.788 104.578 12.113
201804 9.764 105.708 11.954
201807 9.802 106.324 11.931
201810 10.205 106.695 12.379
201901 9.300 106.200 11.333
201904 9.032 107.818 10.842
201907 8.954 108.250 10.705
201910 9.364 108.577 11.162
202001 9.051 108.841 10.762
202004 6.398 108.173 7.655
202007 4.892 109.318 5.792
202010 4.351 109.861 5.126
202101 2.756 110.364 3.232
202104 3.015 112.673 3.463
202107 3.607 115.183 4.053
202110 4.627 116.696 5.131
202201 4.970 118.619 5.423
202204 5.347 121.978 5.673
202207 5.498 125.002 5.692
202210 6.118 125.734 6.297
202301 6.311 126.223 6.471
202304 6.109 127.992 6.177
202307 6.508 128.974 6.530
202310 6.464 129.810 6.445
202401 5.763 129.419 5.763

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


Designer Brands  (FRA:D9W) 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.

Designer Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.65/10.06
=0.86

* 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 Designer Brands was 7.36. The lowest was 0.35. And the median was 2.06.


Be Aware

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


Designer Brands Cyclically Adjusted Book per Share Related Terms

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


Designer Brands (FRA:D9W) Business Description

Traded in Other Exchanges
Address
810 DSW Drive, Columbus, OH, USA, 43219
Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com.

Designer Brands (FRA:D9W) Headlines

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