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Caleres (Caleres) Cyclically Adjusted PB Ratio : 2.52 (As of Apr. 29, 2024)


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What is Caleres Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Caleres's current share price is $37.72. Caleres's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $14.94. Caleres's Cyclically Adjusted PB Ratio for today is 2.52.

The historical rank and industry rank for Caleres's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 2.08   Max: 3.2
Current: 2.47

During the past years, Caleres's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 0.25. And the median was 2.08.

CAL's Cyclically Adjusted PB Ratio is ranked worse than
73.57% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs CAL: 2.47

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.

Caleres's adjusted book value per share data for the three months ended in Jan. 2024 was $15.797. 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 $14.94 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caleres Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Caleres's Cyclically Adjusted PB Ratio 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.

Caleres Cyclically Adjusted PB Ratio Chart

Caleres Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.14 1.74 1.79 2.10

Caleres Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted PB Ratio 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 1.79 1.55 1.82 1.71 2.10

Competitive Comparison of Caleres's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Caleres'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.


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

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

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



Caleres Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Caleres's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.72/14.94
=2.52

* 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.

Caleres's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Caleres's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=15.797/129.4194*129.4194
=15.797

Current CPI (Jan. 2024) = 129.4194.

Caleres Quarterly Data

Book Value per Share CPI Adj_Book
201404 11.270 100.023 14.582
201407 11.637 100.520 14.983
201410 12.346 100.176 15.950
201501 12.363 98.604 16.227
201504 12.636 99.824 16.382
201507 13.002 100.691 16.712
201510 13.754 100.346 17.739
201601 13.776 99.957 17.836
201604 13.985 100.947 17.930
201607 14.301 101.524 18.231
201610 15.046 101.988 19.093
201701 14.271 102.456 18.027
201704 14.431 103.167 18.103
201707 14.889 103.278 18.658
201710 15.674 104.070 19.492
201801 16.673 104.578 20.634
201804 16.502 105.708 20.204
201807 17.034 106.324 20.734
201810 17.859 106.695 21.663
201901 15.137 106.200 18.447
201904 14.852 107.818 17.828
201907 15.310 108.250 18.304
201910 16.033 108.577 19.111
202001 15.990 108.841 19.013
202004 7.183 108.173 8.594
202007 6.389 109.318 7.564
202010 6.764 109.861 7.968
202101 5.274 110.364 6.185
202104 5.298 112.673 6.085
202107 6.290 115.183 7.067
202110 7.870 116.696 8.728
202201 8.465 118.619 9.236
202204 9.406 121.978 9.980
202207 10.401 125.002 10.769
202210 11.182 125.734 11.510
202301 11.779 126.223 12.077
202304 12.304 127.992 12.441
202307 13.084 128.974 13.129
202310 14.444 129.810 14.401
202401 15.797 129.419 15.797

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


Caleres  (NYSE:CAL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Caleres Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Caleres's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Caleres (Caleres) Business Description

Traded in Other Exchanges
Address
8300 Maryland Avenue, St. Louis, MO, USA, 63105
Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.
Executives
John W Schmidt officer: Div Pres, Whls Better & Image 693 FIFTH AVENUE, 11TH FLOOR, NEW YORK NY 10022
Willis Hill officer: Chief Information Officer 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Mark A Schmitt officer: SVP, CIO 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Todd E Hasty officer: VP, Chief Accounting Officer 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Diane M Sullivan officer: President, Brown Shoe Co., Inc 78 COUNTRY CLUB WAY, IPSWICH MA 01938
Douglas Koch officer: SVP & Chief Talent Officer 5032 WESTMINISTER PL, ST. LOUIS MO 63108
Daniel R Freidman officer: Div Pres, Whls Prod & Sorcing 8300 MARYLAND AVENUE, SAINT LOUIS MO 63105
Carla C Hendra director 885 WEST END AVE. 12B, NEW YORK NY 10025
Jack Calandra officer: SVP, Chief Financial Officer 6380 ROGERDALE RD., HOUSTON TX 77072
Bruce K Thorn director 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Jennifer Olsen officer: Chief Marketing Officer 8300 MARYLAND AVE., ST. LOUIS MO 63105
Ken Hannah officer: SVP, Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., P O BOX 8, ST, PETERS MO 63376
Michael R Edwards officer: Div President, Famous Footwear 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Thomas C Burke officer: VP, General Counsel 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Patricia G Mcginnis director 4827 V STREET, WASHINGTON DC 20007