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FLXS (Flexsteel Industries) Cyclically Adjusted PB Ratio : 0.94 (As of May. 30, 2025)


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What is Flexsteel Industries Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Flexsteel Industries's current share price is $30.3199. Flexsteel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $32.39. Flexsteel Industries's Cyclically Adjusted PB Ratio for today is 0.94.

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

FLXS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.16   Max: 2.9
Current: 0.95

During the past years, Flexsteel Industries's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.32. And the median was 1.16.

FLXS's Cyclically Adjusted PB Ratio is ranked better than
59.62% of 317 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.24 vs FLXS: 0.95

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.

Flexsteel Industries's adjusted book value per share data for the three months ended in Mar. 2025 was $29.987. 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 $32.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flexsteel Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flexsteel Industries'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.

Flexsteel Industries Cyclically Adjusted PB Ratio Chart

Flexsteel Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 1.45 0.59 0.61 0.97

Flexsteel Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.17 0.97 1.38 1.70 1.13

Competitive Comparison of Flexsteel Industries's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries'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.


Flexsteel Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Flexsteel Industries 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.

Flexsteel Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.3199/32.39
=0.94

* 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.

Flexsteel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Flexsteel Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=29.987/134.9266*134.9266
=29.987

Current CPI (Mar. 2025) = 134.9266.

Flexsteel Industries Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.966 100.684 33.457
201509 25.390 100.392 34.124
201512 25.964 99.792 35.105
201603 26.680 100.470 35.830
201606 27.227 101.688 36.127
201609 27.531 101.861 36.468
201612 28.048 101.863 37.152
201703 28.853 102.862 37.847
201706 29.501 103.349 38.515
201709 29.969 104.136 38.830
201712 30.543 104.011 39.621
201803 30.741 105.290 39.394
201806 30.719 106.317 38.985
201809 30.652 106.507 38.831
201812 30.648 105.998 39.012
201903 28.709 107.251 36.117
201906 25.994 108.070 32.454
201909 27.011 108.329 33.643
201912 26.320 108.420 32.755
202003 25.280 108.902 31.321
202006 22.284 108.767 27.643
202009 22.943 109.815 28.189
202012 23.763 109.897 29.175
202103 23.786 111.754 28.718
202106 24.528 114.631 28.871
202109 25.003 115.734 29.149
202112 23.696 117.630 27.180
202203 24.859 121.301 27.651
202206 24.823 125.017 26.791
202209 24.673 125.227 26.584
202212 25.396 125.222 27.364
202303 25.692 127.348 27.221
202306 27.372 128.729 28.690
202309 27.170 129.860 28.230
202312 27.800 129.419 28.983
202403 28.174 131.776 28.848
202406 28.917 132.554 29.435
202409 29.711 133.029 30.135
202412 30.725 133.157 31.133
202503 29.987 134.927 29.987

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.


Flexsteel Industries  (NAS:FLXS) 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.


Flexsteel Industries Cyclically Adjusted PB Ratio Related Terms

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


Flexsteel Industries Business Description

Traded in Other Exchanges
N/A
Address
385 Bell Street, Dubuque, IA, USA, 52001-0877
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. Its product offerings include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential markets.
Executives
Michael Joseph Mcclaflin officer: Chief Information Officer P.O. BOX 877, DUBUQUE IA 52004-0877
Timothy Patrick Newlin officer: VP - Home Furnishings P.O. BOX 877, DUBUQUE IA 52004-0877
Derek P Schmidt officer: CFO & COO 385 BELL STREET, DUBUQUE IA 52001
Jeanne Mcgovern director 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Gilbert Alejandro Huerta officer: CFO P.O. BOX 877, DUBUQUE IA 52004
Thomas M Levine director P. O. BOX 877, DUBUQUE IA 52004
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Michael Scott Culbreth director 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
William S. Creekmuir director SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
Matthew Kaness director P.O. BOX 877, DUBUQUE IA 52004
Jerald K Dittmer officer: President & CEO P.O. BOX 877, DUBUQUE IA 52004
Mary C Bottie director P. O. BOX 877, DUBUQUE IA 52004
Terrence Heath Willis officer: VP - Direct Commerce P.O. BOX 877, DUBUQUE IA 52004-0877
Hayden Carl Anthony Jr. officer: VP - Manufacturing P.O. BOX 877, DUBUQUE IA 52004-0877
Marcus D Hamilton officer: Chief Financial Officer P. O. BOX 877, DUBUQUE IA 52004