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Unifi (UFI) Cyclically Adjusted Book per Share : $22.03 (As of Mar. 2024)


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What is Unifi 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.

Unifi's adjusted book value per share for the three months ended in Mar. 2024 was $15.223. 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 $22.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Unifi's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 Unifi was 9.30% per year. The lowest was -9.40% per year. And the median was 0.80% per year.

As of today (2024-05-14), Unifi's current stock price is $5.66. Unifi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.03. Unifi's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Unifi was 2.38. The lowest was 0.26. And the median was 1.31.


Unifi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Unifi'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.

Unifi Cyclically Adjusted Book per Share Chart

Unifi Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 18.47 19.58 21.59 22.19

Unifi 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 21.98 22.19 22.30 22.14 22.03

Competitive Comparison of Unifi's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Unifi'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.


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

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

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



Unifi 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, Unifi'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)
=15.223/129.4194*129.4194
=15.223

Current CPI (Mar. 2024) = 129.4194.

Unifi Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.563 100.560 20.029
201409 15.498 100.428 19.972
201412 15.746 99.070 20.570
201503 15.734 99.621 20.440
201506 16.520 100.684 21.235
201509 16.217 100.392 20.906
201512 16.632 99.792 21.570
201603 17.409 100.470 22.425
201606 18.212 101.688 23.179
201609 18.611 101.861 23.646
201612 18.801 101.863 23.887
201703 19.425 102.862 24.440
201706 19.792 103.349 24.785
201709 20.487 104.136 25.461
201712 21.119 104.011 26.278
201803 21.283 105.290 26.161
201806 21.238 106.317 25.853
201809 21.225 106.507 25.791
201812 21.429 105.998 26.164
201903 21.262 107.251 25.657
201906 21.278 108.070 25.482
201909 21.093 108.329 25.199
201912 21.371 108.420 25.510
202003 18.097 108.902 21.507
202006 17.139 108.767 20.393
202009 17.350 109.815 20.447
202012 18.120 109.897 21.339
202103 18.150 111.754 21.019
202106 19.384 114.631 21.885
202109 19.488 115.734 21.792
202112 19.525 117.630 21.482
202203 20.447 121.301 21.815
202206 20.104 125.017 20.812
202209 19.337 125.227 19.984
202212 18.553 125.222 19.175
202303 18.550 127.348 18.852
202306 17.897 128.729 17.993
202309 16.867 129.860 16.810
202312 16.051 129.419 16.051
202403 15.223 129.419 15.223

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


Unifi  (NYSE:UFI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.66/22.03
=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 Unifi was 2.38. The lowest was 0.26. And the median was 1.31.


Be Aware

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


Unifi Cyclically Adjusted Book per Share Related Terms

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


Unifi (UFI) Business Description

Traded in Other Exchanges
Address
7201 West Friendly Avenue, Greensboro, NC, USA, 27410
Unifi Inc is a multi-national company. It manufactures and sells innovative synthetic and recycled products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers that produce fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns, with principal geographic markets in the Americas, Europe and Asia.
Executives
Kenneth G Langone director 375 PARK AVENUE, STE 2205, NEW YORK NY 10152
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Andrew James Eaker officer: Interim CFO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Gregory K Sigmon officer: SVP, General Counsel 7201 WEST FRIENDLY AVE, GREENSBORO NC 27410
Archibald Jr Cox director 151 EAST 58TH STREET, #33F, NEW YORK NY 10022
Edmund M Ingle director, officer: CEO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Francis S Blake director 2455 PACES FERRY RD, ATLANTA GA 30339
Jeffrey W Ubben 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Craig A Creaturo officer: EVP & CFO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Robert J Bishop director IMPALA ASSET MANAGEMENT LLC, 107 CHERRY ST, NEW CANAAN CT 06840
Rhonda L. Ramlo director 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Eva T. Zlotnicka director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
James M Kilts director 120 PARK AVE, NEW YORK NY 10017
James D. Mead director P.O. BOX 440, NEW FAIRFIELD CT 06812