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Big 5 Sporting Goods (STU:BG3) Cyclically Adjusted Book per Share : €11.99 (As of Mar. 2024)


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What is Big 5 Sporting Goods 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.

Big 5 Sporting Goods's adjusted book value per share for the three months ended in Mar. 2024 was €9.574. 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 €11.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Big 5 Sporting Goods's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Big 5 Sporting Goods was 17.20% per year. The lowest was 4.00% per year. And the median was 7.80% per year.

As of today (2024-06-04), Big 5 Sporting Goods's current stock price is €3.16. Big 5 Sporting Goods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.99. Big 5 Sporting Goods's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Big 5 Sporting Goods was 4.52. The lowest was 0.08. And the median was 1.22.


Big 5 Sporting Goods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Big 5 Sporting Goods'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.

Big 5 Sporting Goods Cyclically Adjusted Book per Share Chart

Big 5 Sporting Goods 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 7.81 7.42 9.04 10.24 10.46

Big 5 Sporting Goods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.35 10.29 10.56 10.46 11.99

Competitive Comparison of Big 5 Sporting Goods's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Big 5 Sporting Goods'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.


Big 5 Sporting Goods's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Big 5 Sporting Goods's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Big 5 Sporting Goods's Cyclically Adjusted PB Ratio falls into.



Big 5 Sporting Goods 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, Big 5 Sporting Goods's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.574/131.7762*131.7762
=9.574

Current CPI (Mar. 2024) = 131.7762.

Big 5 Sporting Goods Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.255 100.560 8.197
201409 6.786 100.428 8.904
201412 7.130 99.070 9.484
201503 8.078 99.621 10.685
201506 7.820 100.684 10.235
201509 7.979 100.392 10.473
201512 8.328 99.792 10.997
201603 7.941 100.470 10.415
201606 7.870 101.688 10.199
201609 8.106 101.861 10.487
201612 8.830 101.863 11.423
201703 8.728 102.862 11.181
201706 8.313 103.349 10.600
201709 7.950 104.136 10.060
201712 7.406 104.011 9.383
201803 6.930 105.290 8.673
201806 7.193 106.317 8.915
201809 7.220 106.507 8.933
201812 7.174 105.998 8.919
201903 7.180 107.251 8.822
201906 7.137 108.070 8.703
201909 7.569 108.329 9.207
201912 7.493 108.420 9.107
202003 7.255 108.902 8.779
202006 7.566 108.767 9.167
202009 8.264 109.815 9.917
202012 8.720 109.897 10.456
202103 9.467 111.754 11.163
202106 9.734 114.631 11.190
202109 10.658 115.734 12.135
202112 10.706 117.630 11.994
202203 10.927 121.301 11.871
202206 11.535 125.017 12.159
202209 12.381 125.227 13.029
202212 11.437 125.222 12.036
202303 10.992 127.348 11.374
202306 10.623 128.729 10.874
202309 10.661 129.860 10.818
202312 9.988 129.419 10.170
202403 9.574 131.776 9.574

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


Big 5 Sporting Goods  (STU:BG3) 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.

Big 5 Sporting Goods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.16/11.99
=0.26

* 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 Big 5 Sporting Goods was 4.52. The lowest was 0.08. And the median was 1.22.


Be Aware

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


Big 5 Sporting Goods Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Big 5 Sporting Goods's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Big 5 Sporting Goods (STU:BG3) Business Description

Traded in Other Exchanges
Address
2525 East El Segundo Boulevard, El Segundo, CA, USA, 90245
Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform.

Big 5 Sporting Goods (STU:BG3) Headlines

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