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Zumiez (FRA:ZM3) Cyclically Adjusted PB Ratio : 0.94 (As of May. 09, 2024)


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What is Zumiez Cyclically Adjusted PB Ratio?

As of today (2024-05-09), Zumiez's current share price is €16.40. Zumiez's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €17.53. Zumiez's Cyclically Adjusted PB Ratio for today is 0.94.

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

FRA:ZM3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 2.29   Max: 5.71
Current: 0.96

During the past years, Zumiez's highest Cyclically Adjusted PB Ratio was 5.71. The lowest was 0.73. And the median was 2.29.

FRA:ZM3's Cyclically Adjusted PB Ratio is ranked better than
56.89% of 726 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs FRA:ZM3: 0.96

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.

Zumiez's adjusted book value per share data for the three months ended in Jan. 2024 was €16.349. 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 €17.53 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zumiez Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zumiez'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.

Zumiez Cyclically Adjusted PB Ratio Chart

Zumiez 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 2.56 3.20 2.84 1.47 0.92

Zumiez 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 1.47 0.97 1.03 0.89 0.92

Competitive Comparison of Zumiez's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Zumiez'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.


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

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

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



Zumiez 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.40/17.53
=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.

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

For example, Zumiez'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)
=16.349/129.4194*129.4194
=16.349

Current CPI (Jan. 2024) = 129.4194.

Zumiez Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.084 100.023 10.460
201407 8.417 100.520 10.837
201410 9.293 100.176 12.006
201501 10.522 98.604 13.810
201504 11.401 99.824 14.781
201507 10.131 100.691 13.022
201510 10.002 100.346 12.900
201601 10.639 99.957 13.775
201604 10.062 100.947 12.900
201607 10.173 101.524 12.968
201610 10.555 101.988 13.394
201701 11.571 102.456 14.616
201704 11.315 103.167 14.194
201707 10.807 103.278 13.542
201710 11.006 104.070 13.687
201801 11.559 104.578 14.305
201804 11.279 105.708 13.809
201807 11.909 106.324 14.496
201810 12.566 106.695 15.242
201901 13.746 106.200 16.751
201904 13.621 107.818 16.350
201907 13.991 108.250 16.727
201910 14.953 108.577 17.823
202001 16.259 108.841 19.333
202004 15.598 108.173 18.662
202007 16.068 109.318 19.023
202010 16.658 109.861 19.624
202101 17.723 110.364 20.783
202104 18.866 112.673 21.670
202107 19.671 115.183 22.102
202110 19.656 116.696 21.799
202201 19.514 118.619 21.291
202204 17.936 121.978 19.030
202207 19.095 125.002 19.770
202210 19.825 125.734 20.406
202301 19.396 126.223 19.887
202304 18.065 127.992 18.266
202307 17.589 128.974 17.650
202310 18.116 129.810 18.062
202401 16.349 129.419 16.349

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.


Zumiez  (FRA:ZM3) 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.


Zumiez Cyclically Adjusted PB Ratio Related Terms

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


Zumiez (FRA:ZM3) Business Description

Traded in Other Exchanges
Address
4001 204th Street SW, Lynnwood, WA, USA, 98036
Zumiez Inc is a United-States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hardgoods. The company provides merchandise with cultural elements coming from fashion, music, art and from action sports, streetwear, and other unique lifestyles. The company operates under the brands Zumiez and Blue Tomato, and through both physical stores and websites. Most of the company's stores are located in the U.S., with the rest in Canada, Australia, and Europe. The U.S. market contributes to the majority of the company's revenue.

Zumiez (FRA:ZM3) Headlines

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