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Crocs (MEX:CROX) Cyclically Adjusted Book per Share : MXN151.32 (As of Sep. 2024)


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What is Crocs 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.

Crocs's adjusted book value per share for the three months ended in Sep. 2024 was MXN580.651. 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 MXN151.32 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Crocs's average Cyclically Adjusted Book Growth Rate was 30.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Crocs was 10.50% per year. The lowest was -2.40% per year. And the median was -0.40% per year.

As of today (2024-12-15), Crocs's current stock price is MXN2240.50. Crocs's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was MXN151.32. Crocs's Cyclically Adjusted PB Ratio of today is 14.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Crocs was 35.48. The lowest was 1.10. And the median was 5.76.


Crocs Cyclically Adjusted Book per Share Historical Data

The historical data trend for Crocs'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.

Crocs Cyclically Adjusted Book per Share Chart

Crocs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 104.95 122.33

Crocs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 106.61 122.33 115.94 143.32 151.32

Competitive Comparison of Crocs's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Crocs'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.


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

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

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



Crocs 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, Crocs's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=580.651/133.0289*133.0289
=580.651

Current CPI (Sep. 2024) = 133.0289.

Crocs Quarterly Data

Book Value per Share CPI Adj_Book
201412 85.009 99.070 114.148
201503 80.061 99.621 106.909
201506 83.394 100.684 110.185
201509 76.753 100.392 101.705
201512 58.056 99.792 77.392
201603 61.037 100.470 80.817
201606 69.912 101.688 91.459
201609 72.158 101.861 94.237
201612 61.734 101.863 80.622
201703 59.580 102.862 77.053
201706 61.090 103.349 78.634
201709 59.826 104.136 76.425
201712 53.057 104.011 67.859
201803 48.806 105.290 61.664
201806 57.196 106.317 71.566
201809 54.519 106.507 68.095
201812 40.263 105.998 50.531
201903 33.123 107.251 41.084
201906 30.893 108.070 38.028
201909 33.820 108.329 41.531
201912 36.477 108.420 44.756
202003 32.761 108.902 40.019
202006 53.648 108.767 65.615
202009 74.656 109.815 90.438
202012 87.728 109.897 106.194
202103 102.277 111.754 121.747
202106 114.448 114.631 132.816
202109 117.966 115.734 135.594
202112 4.955 117.630 5.604
202203 112.862 121.301 123.774
202206 160.671 125.017 170.968
202209 205.650 125.227 218.463
202212 258.450 125.222 274.563
202303 281.568 127.348 294.129
202306 328.611 128.729 339.588
202309 343.868 129.860 352.261
202312 407.921 129.419 419.298
202403 436.684 131.776 440.835
202406 508.171 132.554 509.992
202409 580.651 133.029 580.651

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


Crocs  (MEX:CROX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2240.50/151.32
=14.81

* 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 Crocs was 35.48. The lowest was 1.10. And the median was 5.76.


Be Aware

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


Crocs Cyclically Adjusted Book per Share Related Terms

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


Crocs Business Description

Traded in Other Exchanges
Address
500 Eldorado Boulevard, Building 5, Broomfield, CO, USA, 80021
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include the Americas, Asia Pacific, and EMEA.