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YETI Holdings (FRA:1YN) Cyclically Adjusted PB Ratio : 13.83 (As of Jun. 20, 2024)


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What is YETI Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-20), YETI Holdings's current share price is €37.20. YETI Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €2.69. YETI Holdings's Cyclically Adjusted PB Ratio for today is 13.83.

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

FRA:1YN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.52   Med: 15.49   Max: 20.88
Current: 13.66

During the past 11 years, YETI Holdings's highest Cyclically Adjusted PB Ratio was 20.88. The lowest was 12.52. And the median was 15.49.

FRA:1YN's Cyclically Adjusted PB Ratio is ranked worse than
96.95% of 622 companies
in the Travel & Leisure industry
Industry Median: 1.335 vs FRA:1YN: 13.66

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.

YETI Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was €7.634. 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 €2.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


YETI Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for YETI Holdings'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.

YETI Holdings Cyclically Adjusted PB Ratio Chart

YETI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 18.10 17.52

YETI Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 17.52 -

Competitive Comparison of YETI Holdings's Cyclically Adjusted PB Ratio

For the Leisure subindustry, YETI Holdings'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.


YETI Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, YETI Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YETI Holdings 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.

YETI Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.20/2.69
=13.83

* 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.

YETI Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, YETI Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.634/129.4194*129.4194
=7.634

Current CPI (Dec23) = 129.4194.

YETI Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 1.208 99.070 1.578
201512 2.205 99.792 2.860
201612 -1.103 101.863 -1.401
201712 -0.770 104.011 -0.958
201812 0.302 105.998 0.369
201912 1.265 108.420 1.510
202012 2.721 109.897 3.204
202112 5.224 117.630 5.748
202212 5.750 125.222 5.943
202312 7.634 129.419 7.634

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.


YETI Holdings  (FRA:1YN) 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.


YETI Holdings Cyclically Adjusted PB Ratio Related Terms

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


YETI Holdings (FRA:1YN) Business Description

Traded in Other Exchanges
Address
7601 Southwest Parkway, Austin, TX, USA, 78735
YETI Holdings Inc is a designer, marketer, and distributor of premium products for the outdoor and recreation market sold under the YETI brand. The company offers products including coolers and equipment, drinkware, and other accessories. Its trademark products include YETI, Tundra, Hopper, YETI TANK, Rambler, Colster, Rambler Colster, Roadie, and Wildly Stronger! Keep Ice Longer!, SideKick, FatWall, PermaFrost, T-Rex, ColdLock, NeverFail, AnchorPoint, InterLock, BearFoot, Vortex, DoubleHaul, LipGrip, Vortex, DryHide, ColdCell, HydroLock, Over-the-Nose, and LOAD-AND-LOCK. The company distributes products through wholesale channels and through direct-to-consumer, or DTC, channels.

YETI Holdings (FRA:1YN) Headlines

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