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Ann (FRA:AAK) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Ann Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ann Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ann'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.

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Ann Cyclically Adjusted PB Ratio Chart

Ann Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Cyclically Adjusted PB Ratio
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Ann Quarterly Data
Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
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Competitive Comparison of Ann's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Ann'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.


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

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

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



Ann 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.

Ann's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2015 is calculated as:

For example, Ann's adjusted Book Value per Share data for the three months ended in Apr. 2015 was:

Adj_Book=Book Value per Share/CPI of Apr. 2015 (Change)*Current CPI (Apr. 2015)
=10.639/99.8236*99.8236
=10.639

Current CPI (Apr. 2015) = 99.8236.

Ann Quarterly Data

Book Value per Share CPI Adj_Book
200507 11.247 82.441 13.618
200510 11.560 84.045 13.730
200601 11.773 83.665 14.047
200604 11.953 85.015 14.035
200607 11.956 85.859 13.901
200610 12.332 85.142 14.459
200701 11.653 85.402 13.621
200704 10.453 87.203 11.966
200707 9.823 87.884 11.158
200710 9.916 88.152 11.229
200801 9.363 89.057 10.495
200804 8.888 90.636 9.789
200807 8.934 92.805 9.610
200810 10.448 91.375 11.414
200901 5.492 89.084 6.154
200904 5.411 89.968 6.004
200907 4.881 90.859 5.363
200910 4.717 91.207 5.163
201001 4.976 91.423 5.433
201004 5.629 91.980 6.109
201007 6.237 91.981 6.769
201010 5.982 92.277 6.471
201101 5.723 92.914 6.149
201104 4.815 94.890 5.065
201107 5.286 95.319 5.536
201110 6.062 95.529 6.334
201201 5.723 95.632 5.974
201204 5.779 97.075 5.943
201207 6.333 96.661 6.540
201210 7.148 97.595 7.311
201301 6.214 97.158 6.385
201304 6.644 98.107 6.760
201307 6.692 98.557 6.778
201310 7.172 98.536 7.266
201401 7.440 98.692 7.525
201404 7.483 100.023 7.468
201407 7.667 100.520 7.614
201410 8.773 100.176 8.742
201501 9.617 98.604 9.736
201504 10.639 99.824 10.639

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.


Ann  (FRA:AAK) 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.


Ann Cyclically Adjusted PB Ratio Related Terms

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Ann (FRA:AAK) Business Description

Traded in Other Exchanges
N/A
Address
Ann Inc was incorporated in the State of Delaware in 1988 and changed its name to ANN INC. in March 2011. The Company through its wholly-owned subsidiaries is a specialty retailer of women's apparel, shoes and accessories sold mainly under the Ann Taylor and LOFT brands. The Company has four operating segments including Ann Taylor, LOFT, Ann Taylor Factory and LOFT Outlet. Ann Taylor is a luxury brand that offers modern style while remaining true to its legacy as a destination for every generation of working women, with timeless wear-now and wear-to-work fashion of impeccable quality at compelling prices. LOFT provides fashion that delivers feminine appeal, special and unexpected details, and a flattering fit, making its client's style aspirations attainable. The Company's Ann Taylor and LOFT stores offer career and casual separates, dresses, tops, weekend wear, shoes and accessories, coordinated as part of a strategy to provide modern styles that are versatile across all occasions and needs. It also offer updated past season best sellers from the Ann Taylor and LOFT merchandise collections at its Ann Taylor Factory and LOFT Outlet stores, respectively. In addition to its stores, its clients can shop online at www.anntaylor.com and www.LOFT.com. The AnnTaylor, LOFT and AnnTaylor Loft trademarks are registered with the United States Patent and Trademark Office and with the trademark registries of many foreign countries. The Company's stores compete with certain departments in international, national and local department stores and with other specialty stores, catalog and internet businesses that offer similar categories of merchandise.

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