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Skechers USA (MEX:SKX) Cyclically Adjusted Book per Share : MXN483.18 (As of Mar. 2025)


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What is Skechers USA 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.

Skechers USA's adjusted book value per share for the three months ended in Mar. 2025 was MXN617.038. 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 MXN483.18 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Skechers USA's average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.40% 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 Skechers USA was 17.30% per year. The lowest was 8.20% per year. And the median was 11.80% per year.

As of today (2025-05-23), Skechers USA's current stock price is MXN1016.95. Skechers USA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN483.18. Skechers USA's Cyclically Adjusted PB Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Skechers USA was 8.91. The lowest was 2.25. And the median was 3.67.


Skechers USA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Skechers USA'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.

Skechers USA Cyclically Adjusted Book per Share Chart

Skechers USA 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 - - - - 392.34

Skechers USA 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 - - 345.66 392.34 483.18

Competitive Comparison of Skechers USA's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Skechers USA'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.


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

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

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


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Skechers USA 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, Skechers USA'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)
=617.038/134.9266*134.9266
=617.038

Current CPI (Mar. 2025) = 134.9266.

Skechers USA Quarterly Data

Book Value per Share CPI Adj_Book
201506 125.441 100.684 168.104
201509 142.039 100.392 190.901
201512 148.613 99.792 200.936
201603 160.822 100.470 215.976
201606 182.851 101.688 242.619
201609 200.106 101.861 265.063
201612 213.399 101.863 282.667
201703 206.874 102.862 271.361
201706 206.406 103.349 269.472
201709 219.252 104.136 284.081
201712 229.784 104.011 298.083
201803 225.814 105.290 289.377
201806 247.709 106.317 314.367
201809 244.353 106.507 309.555
201812 260.289 105.998 331.326
201903 261.056 107.251 328.422
201906 267.275 108.070 333.697
201909 280.005 108.329 348.752
201912 284.434 108.420 353.972
202003 358.199 108.902 443.801
202006 332.473 108.767 412.435
202009 343.545 109.815 422.104
202012 319.210 109.897 391.912
202103 339.468 111.754 409.856
202106 349.170 114.631 410.990
202109 374.912 115.734 437.084
202112 428.477 117.630 491.483
202203 430.490 121.301 478.846
202206 441.319 125.017 476.301
202209 448.558 125.227 483.304
202212 448.217 125.222 482.954
202303 432.747 127.348 458.501
202306 425.327 128.729 445.805
202309 447.141 129.860 464.588
202312 445.862 129.419 464.835
202403 451.165 131.776 461.951
202406 507.743 132.554 516.832
202409 568.517 133.029 576.627
202412 597.764 133.157 605.708
202503 617.038 134.927 617.038

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


Skechers USA  (MEX:SKX) 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.

Skechers USA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1016.95/483.18
=2.10

* 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 Skechers USA was 8.91. The lowest was 2.25. And the median was 3.67.


Be Aware

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


Skechers USA Cyclically Adjusted Book per Share Related Terms

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


Skechers USA Business Description

Traded in Other Exchanges
Address
228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments includes Wholesale and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.