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PVH (PVH) Cyclically Adjusted Book per Share : $86.02 (As of Jan. 2025)


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What is PVH 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.

PVH's adjusted book value per share for the three months ended in Jan. 2025 was $96.537. 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 $86.02 for the trailing ten years ended in Jan. 2025.

During the past 12 months, PVH's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 PVH was 17.00% per year. The lowest was 1.50% per year. And the median was 9.10% per year.

As of today (2025-04-30), PVH's current stock price is $67.935. PVH's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $86.02. PVH's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PVH was 3.55. The lowest was 0.52. And the median was 1.64.


PVH Cyclically Adjusted Book per Share Historical Data

The historical data trend for PVH'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.

PVH Cyclically Adjusted Book per Share Chart

PVH 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 62.80 70.25 77.36 81.44 86.02

PVH 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 81.44 83.26 84.04 84.87 86.02

Competitive Comparison of PVH's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, PVH'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.


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

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

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


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PVH 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, PVH'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)
=96.537/134.0288*134.0288
=96.537

Current CPI (Jan. 2025) = 134.0288.

PVH Quarterly Data

Book Value per Share CPI Adj_Book
201504 53.864 99.824 72.321
201507 53.364 100.691 71.033
201510 55.379 100.346 73.968
201601 55.865 99.957 74.907
201604 60.040 100.947 79.716
201607 59.796 101.524 78.941
201610 60.326 101.988 79.278
201701 61.163 102.456 80.011
201704 62.485 103.167 81.177
201707 65.682 103.278 85.239
201710 68.108 104.070 87.715
201801 71.735 104.578 91.937
201804 72.213 105.708 91.560
201807 72.546 106.324 91.449
201810 74.840 106.695 94.013
201901 77.288 106.200 97.541
201904 76.702 107.818 95.348
201907 78.866 108.250 97.647
201910 81.649 108.577 100.789
202001 80.388 108.841 98.992
202004 63.544 108.173 78.732
202007 64.475 109.318 79.050
202010 65.770 109.861 80.239
202101 66.475 110.364 80.729
202104 67.850 112.673 80.710
202107 70.448 115.183 81.975
202110 73.524 116.696 84.445
202201 77.169 118.619 87.194
202204 78.136 121.978 85.855
202207 79.361 125.002 85.092
202210 75.579 125.734 80.565
202301 79.936 126.223 84.879
202304 81.739 127.992 85.594
202307 83.019 128.974 86.273
202310 84.348 129.810 87.089
202401 88.819 130.124 91.484
202404 90.299 132.289 91.486
202407 92.885 132.708 93.810
202410 95.072 133.182 95.676
202501 96.537 134.029 96.537

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


PVH  (NYSE:PVH) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=67.935/86.02
=0.79

* 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 PVH was 3.55. The lowest was 0.52. And the median was 1.64.


Be Aware

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


PVH Cyclically Adjusted Book per Share Related Terms

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


PVH Business Description

Address
285 Madison Avenue, New York, NY, USA, 10017
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites, about 1,400 stores, and about 1,500 shop-in-shops and concessions. The firm also licenses its brands to third parties and distributes its merchandise through department stores and other wholesale accounts. PVH traces its history to 1881 and is based in New York City.
Executives
Mark D Fischer officer: EVP, General Counsel & Sec. C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
James Holmes officer: EVP & Controller C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016
Julie Fuller officer: Chief People Officer 200 MADISON AVENUE, NEW YORK NY 10016
Martijn Hagman officer: CEO, PVH Europe C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016
Eva Serrano officer: Global Brand President, CK C/O PVH CORP, 285 MADISONAVENUE, NEW YORK NY 10017
Zachary Coughlin officer: EVP, Chief Financial Officer 285 MADISON AVENUE, NEW YORK NY 10017
Stefan Larsson director, officer: Chief Executive Officer TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Ajay Bhalla director 2000 PURCHASE STREET, PURCHASE NY 10577
Sourry Knox Judith Amanda director C/O 200 MADISON AVENUE, NEW YORK NY 10016
Brent Callinicos director C/O 706 MISSION STREET, SAN FRANCISCO CA 94103
Edward R. Rosenfeld director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Vincent James Marino director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Joseph B Fuller director TWO CANAL PARK, CAMBRIDGE MA 02141
George Cheeks director 200 MADISON AVENUE, NEW YORK NY 10016
Allison Peterson director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423