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LPP (LTS:0LVL) Cyclically Adjusted Book per Share : zł1,109.34 (As of Jan. 2024)


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What is LPP 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.

LPP's adjusted book value per share for the three months ended in Jan. 2024 was zł2,540.818. 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 zł1,109.34 for the trailing ten years ended in Jan. 2024.

During the past 12 months, LPP's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.00% 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 LPP was 20.60% per year. The lowest was 15.50% per year. And the median was 16.40% per year.

As of today (2024-05-22), LPP's current stock price is zł9010.00. LPP's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was zł1,109.34. LPP's Cyclically Adjusted PB Ratio of today is 8.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LPP was 14.35. The lowest was 4.86. And the median was 8.19.


LPP Cyclically Adjusted Book per Share Historical Data

The historical data trend for LPP'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.

LPP Cyclically Adjusted Book per Share Chart

LPP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 990.33 1,047.51 1,318.12 771.27 1,537.37

LPP Quarterly Data
Mar19 Jun19 Sep19 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 1,537.37 1,359.28 1,196.01 1,236.58 1,109.34

Competitive Comparison of LPP's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, LPP'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.


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

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

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



LPP 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, LPP'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)
=2540.818/148.3109*148.3109
=2,540.818

Current CPI (Jan. 2024) = 148.3109.

LPP Quarterly Data

Book Value per Share CPI Adj_Book
201403 818.216 101.262 1,198.384
201406 810.981 101.180 1,188.742
201409 845.342 100.611 1,246.127
201412 902.349 100.122 1,336.650
201503 903.543 100.041 1,339.508
201506 952.115 100.448 1,405.797
201509 960.006 99.634 1,429.028
201512 1,042.822 99.471 1,554.845
201603 1,021.497 98.983 1,530.565
201606 1,076.044 99.552 1,603.067
201609 1,050.907 99.064 1,573.338
201612 1,172.729 100.366 1,732.937
201703 1,107.745 101.018 1,626.358
201706 1,133.514 101.180 1,661.514
201709 1,191.265 101.343 1,743.361
201712 1,332.711 102.564 1,927.142
201803 1,276.517 102.564 1,845.884
201806 1,365.961 103.378 1,959.669
201809 1,393.641 103.378 1,999.380
201812 1,560.109 103.785 2,229.426
201903 1,518.746 104.274 2,160.152
201906 1,569.225 105.983 2,195.950
201909 1,602.220 105.983 2,242.123
202001 1,770.309 108.099 2,428.842
202004 1,568.300 108.995 2,134.012
202007 1,503.395 109.158 2,042.644
202010 1,632.095 109.402 2,212.557
202101 1,656.423 110.948 2,214.235
202104 1,675.177 113.553 2,187.937
202107 1,503.567 114.449 1,948.434
202110 1,877.190 116.891 2,381.782
202201 2,094.827 121.368 2,559.875
202204 1,956.895 127.554 2,275.343
202207 1,833.010 132.357 2,053.963
202210 2,037.753 137.973 2,190.434
202301 2,149.668 142.613 2,235.557
202304 2,196.541 147.009 2,216.001
202307 1,980.714 146.683 2,002.696
202310 2,297.932 146.520 2,326.018
202401 2,540.818 148.311 2,540.818

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


LPP  (LTS:0LVL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9010.00/1109.34
=8.12

* 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 LPP was 14.35. The lowest was 4.86. And the median was 8.19.


Be Aware

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


LPP Cyclically Adjusted Book per Share Related Terms

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


LPP (LTS:0LVL) Business Description

Traded in Other Exchanges
Address
ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.

LPP (LTS:0LVL) Headlines

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