GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Skechers USA Inc (LTS:0L73) » Definitions » Cyclically Adjusted PB Ratio

Skechers USA (LTS:0L73) Cyclically Adjusted PB Ratio : 3.17 (As of May. 25, 2025)


View and export this data going back to 2018. Start your Free Trial

What is Skechers USA Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Skechers USA's current share price is $62.01. Skechers USA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $19.54. Skechers USA's Cyclically Adjusted PB Ratio for today is 3.17.

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

LTS:0L73' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 3.67   Max: 8.91
Current: 3.13

During the past years, Skechers USA's highest Cyclically Adjusted PB Ratio was 8.91. The lowest was 2.25. And the median was 3.67.

LTS:0L73's Cyclically Adjusted PB Ratio is ranked worse than
82.11% of 682 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.03 vs LTS:0L73: 3.13

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.

Skechers USA's adjusted book value per share data for the three months ended in Mar. 2025 was $30.161. 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 $19.54 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skechers USA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Skechers USA'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.

Skechers USA Cyclically Adjusted PB Ratio Chart

Skechers USA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 3.58 2.92 3.75 3.53

Skechers USA 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 3.52 3.85 3.61 3.53 2.87

Competitive Comparison of Skechers USA's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Skechers USA'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.


Skechers USA's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Skechers USA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Skechers USA 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.

Skechers USA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.01/19.54
=3.17

* 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.

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

For example, Skechers USA'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)
=30.161/134.9266*134.9266
=30.161

Current CPI (Mar. 2025) = 134.9266.

Skechers USA Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.995 100.684 10.714
201509 8.406 100.392 11.298
201512 8.643 99.792 11.686
201603 9.343 100.470 12.547
201606 9.887 101.688 13.119
201609 10.349 101.861 13.708
201612 10.351 101.863 13.711
201703 10.987 102.862 14.412
201706 11.419 103.349 14.908
201709 12.081 104.136 15.653
201712 11.700 104.011 15.178
201803 12.429 105.290 15.928
201806 12.606 106.317 15.998
201809 13.064 106.507 16.550
201812 13.256 105.998 16.874
201903 13.458 107.251 16.931
201906 13.914 108.070 17.372
201909 14.183 108.329 17.665
201912 15.081 108.420 18.768
202003 15.276 108.902 18.927
202006 14.404 108.767 17.868
202009 15.551 109.815 19.107
202012 16.047 109.897 19.702
202103 16.607 111.754 20.050
202106 17.541 114.631 20.647
202109 18.233 115.734 21.257
202112 20.887 117.630 23.958
202203 21.621 121.301 24.050
202206 21.937 125.017 23.676
202209 22.300 125.227 24.027
202212 22.990 125.222 24.772
202303 24.008 127.348 25.437
202306 24.809 128.729 26.003
202309 25.670 129.860 26.672
202312 26.267 129.419 27.385
202403 27.185 131.776 27.835
202406 27.715 132.554 28.211
202409 28.873 133.029 29.285
202412 28.662 133.157 29.043
202503 30.161 134.927 30.161

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.


Skechers USA  (LTS:0L73) 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.


Skechers USA Cyclically Adjusted PB Ratio Related Terms

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


Skechers USA Business Description

Traded in Other Exchanges
Address
228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments includes Wholesale and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.

Skechers USA Headlines

No Headlines