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Lululemon Athletica (NEOE:LULU) Cyclically Adjusted Book per Share : C$0.86 (As of Jan. 2025)


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What is Lululemon Athletica 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.

Lululemon Athletica's adjusted book value per share for the three months ended in Jan. 2025 was C$1.693. 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 C$0.86 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Lululemon Athletica's average Cyclically Adjusted Book Growth Rate was 16.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 18.20% 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 Lululemon Athletica was 19.80% per year. The lowest was 17.00% per year. And the median was 18.10% per year.

As of today (2025-05-16), Lululemon Athletica's current stock price is C$14.29. Lululemon Athletica's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was C$0.86. Lululemon Athletica's Cyclically Adjusted PB Ratio of today is 16.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lululemon Athletica was 43.31. The lowest was 9.24. And the median was 21.95.


Lululemon Athletica Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lululemon Athletica'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.

Lululemon Athletica Cyclically Adjusted Book per Share Chart

Lululemon Athletica Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.86

Lululemon Athletica Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - 0.79 0.82 0.84 0.86

Competitive Comparison of Lululemon Athletica's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Lululemon Athletica'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.


Lululemon Athletica's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lululemon Athletica 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, Lululemon Athletica's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=1.693/127.4427*127.4427
=1.693

Current CPI (Jan. 2025) = 127.4427.

Lululemon Athletica Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.329 99.710 0.421
201507 0.330 100.579 0.418
201510 0.328 100.500 0.416
201601 0.351 100.184 0.447
201604 0.351 101.370 0.441
201607 0.364 101.844 0.455
201610 0.384 102.002 0.480
201701 0.432 102.318 0.538
201704 0.437 103.029 0.541
201707 0.432 103.029 0.534
201710 0.437 103.424 0.538
201801 0.521 104.056 0.638
201804 0.507 105.320 0.613
201807 0.432 106.110 0.519
201810 0.456 105.952 0.548
201901 0.491 105.557 0.593
201904 0.463 107.453 0.549
201907 0.500 108.243 0.589
201910 0.551 107.927 0.651
202001 0.647 108.085 0.763
202004 0.683 107.216 0.812
202007 0.684 108.401 0.804
202010 0.724 108.638 0.849
202101 0.825 109.192 0.963
202104 0.836 110.851 0.961
202107 0.851 112.431 0.965
202110 0.844 113.695 0.946
202201 0.888 114.801 0.986
202204 0.869 118.357 0.936
202207 0.957 120.964 1.008
202210 1.077 121.517 1.130
202301 1.096 121.596 1.149
202304 1.162 123.571 1.198
202307 1.216 124.914 1.241
202310 1.264 125.310 1.286
202401 1.486 125.072 1.514
202404 1.517 126.890 1.524
202407 1.475 128.075 1.468
202410 1.482 127.838 1.477
202501 1.693 127.443 1.693

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


Lululemon Athletica  (NEOE:LULU) 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.

Lululemon Athletica's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.29/0.86
=16.62

* 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 Lululemon Athletica was 43.31. The lowest was 9.24. And the median was 21.95.


Be Aware

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


Lululemon Athletica Cyclically Adjusted Book per Share Related Terms

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


Lululemon Athletica Business Description

Address
1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. The company offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. Lululemon also sells fitness accessories, such as bags, yoga mats, and equipment. It sells its products through digital channels, a small number of wholesale partners, more than 760 company-owned stores in about two dozen countries in North America, Asia, and Western Europe, and about 40 franchised locations in the Middle East. The company was founded in 1998 and is based in Vancouver, Canada.