GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Interparfums Inc (NAS:IPAR) » Definitions » Cyclically Adjusted Book per Share

IPAR (Interparfums) Cyclically Adjusted Book per Share : $19.37 (As of Mar. 2025)


View and export this data going back to 1991. Start your Free Trial

What is Interparfums 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.

Interparfums's adjusted book value per share for the three months ended in Mar. 2025 was $24.550. 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 $19.37 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Interparfums's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Interparfums was 15.10% per year. The lowest was 7.30% per year. And the median was 13.15% per year.

As of today (2025-05-18), Interparfums's current stock price is $126.73. Interparfums's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $19.37. Interparfums's Cyclically Adjusted PB Ratio of today is 6.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Interparfums was 9.14. The lowest was 2.29. And the median was 5.13.


Interparfums Cyclically Adjusted Book per Share Historical Data

The historical data trend for Interparfums'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.

Interparfums Cyclically Adjusted Book per Share Chart

Interparfums Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.54 15.26 16.84 17.79 18.89

Interparfums Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 18.23 18.46 18.71 18.89 19.37

Competitive Comparison of Interparfums's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Interparfums'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.


Interparfums's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Interparfums's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Interparfums 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, Interparfums's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.55/134.9266*134.9266
=24.550

Current CPI (Mar. 2025) = 134.9266.

Interparfums Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.790 100.684 15.800
201509 12.111 100.392 16.277
201512 11.779 99.792 15.926
201603 12.312 100.470 16.534
201606 12.103 101.688 16.059
201609 12.488 101.861 16.542
201612 11.895 101.863 15.756
201703 12.320 102.862 16.160
201706 13.022 103.349 17.001
201709 13.748 104.136 17.813
201712 13.869 104.011 17.991
201803 14.497 105.290 18.578
201806 14.016 106.317 17.788
201809 14.358 106.507 18.189
201812 14.263 105.998 18.156
201903 14.433 107.251 18.157
201906 14.594 108.070 18.221
201909 14.532 108.329 18.100
201912 14.851 108.420 18.482
202003 14.653 108.902 18.155
202006 14.778 108.767 18.332
202009 15.837 109.815 19.458
202012 16.952 109.897 20.813
202103 17.064 111.754 20.602
202106 17.733 114.631 20.873
202109 18.462 115.734 21.524
202112 17.968 117.630 20.610
202203 18.357 121.301 20.419
202206 17.893 125.017 19.311
202209 18.029 125.227 19.426
202212 19.294 125.222 20.789
202303 20.567 127.348 21.791
202306 20.897 128.729 21.903
202309 21.585 129.860 22.427
202312 21.853 129.419 22.783
202403 22.112 131.776 22.641
202406 22.392 132.554 22.793
202409 24.305 133.029 24.652
202412 23.197 133.157 23.505
202503 24.550 134.927 24.550

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


Interparfums  (NAS:IPAR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=126.73/19.37
=6.54

* 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 Interparfums was 9.14. The lowest was 2.29. And the median was 5.13.


Be Aware

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


Interparfums Cyclically Adjusted Book per Share Related Terms

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


Interparfums Business Description

Traded in Other Exchanges
Address
551 Fifth Avenue, New York, NY, USA, 10176
Interparfums Inc operates in the fragrance business and produces and distributes a wide array of prestige fragrance and fragrance-related products. It sells its product under the brand which includes Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Lanvin, Moncler, Montblanc, Rochas and Van Cleef & Arpels. The company operates in two operating segments namely European based operations, SA, and United States based operations.. The group sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.
Executives
Philippe Benacin director, 10 percent owner, officer: President C/O INTER PARFUMS INC, 551 FIFTH AVE, 5TH FLOOR, NEW YORK NY 10176
Pelayo Frederic Garcia officer: Dir ExportSales InterParfumsSA
Gilbert Harrison director HARRISON GROUP, 745 FIFTH AVENUE, SUITE 514, NEW YORK NY 10151
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Philippe Santi officer: Dir. of Finance INTER PARFUMS S A, 4 ROND POINT DES CHAMPS ELYSEES, PARIS I0 99999
Jean Madar director, 10 percent owner, officer: CEO JEAN PHILIPPE FRAGRANCES INC, 551 FIFTH AVE 15TH FLOOR, NEW YORK NY 10176
Gerard Kappauf director JUMEIRAH 1, 30TH C STREET, VILLA 76, DUBAI C0 500001
Russell Greenberg director, officer: Ex. VP and CFO INTER PARFUMS INC, 551 FIFTH AVE 15TH FLR, NEW YORK NY 10176
Michel D. Atwood director, officer: Chief Financial Officer 1113 YORK AVENUE, NEW YORK NY 10065
Francois Heilbronn director M M FRIEDRICH HEILBRONN & FISZER, 24 AVE MATIGNON, PARIS I0 99999
Torres Robert Bensoussan director 48 BOULEVARD RASPAIL, PARIS I0 99999
Patrick Choel director UNIVERSITE-82, 7 RUE DE TALLEYRAND, PARIS I0 75007
Henry B. Clarke officer: President Specialty Retail Div INTER PARFUMS, INC., 551 FIFTH AVENUE, NEW YORK NY 10176
Michel Dyens director MICHEL DYENS & CO, 17 AVENUE MONTAIGNE, PARIS I0 75008
Jean Levy director CHEZ AXCESS GROUPE, 8 RUE DE BERRI, PARIS I0 99999