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Foot Locker (Foot Locker) Cyclically Adjusted PB Ratio : 0.88 (As of Jun. 07, 2024)


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What is Foot Locker Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Foot Locker's current share price is $25.88. Foot Locker's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $29.35. Foot Locker's Cyclically Adjusted PB Ratio for today is 0.88.

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

FL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 2.56   Max: 4.79
Current: 0.88

During the past years, Foot Locker's highest Cyclically Adjusted PB Ratio was 4.79. The lowest was 0.61. And the median was 2.56.

FL's Cyclically Adjusted PB Ratio is ranked better than
60.89% of 762 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs FL: 0.88

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.

Foot Locker's adjusted book value per share data for the three months ended in Apr. 2024 was $30.541. 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 $29.35 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Foot Locker Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Foot Locker'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.

Foot Locker Cyclically Adjusted PB Ratio Chart

Foot Locker 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 1.95 2.12 1.88 1.62 0.98

Foot Locker Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.53 0.96 0.74 0.98 0.71

Competitive Comparison of Foot Locker's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Foot Locker'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.


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

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

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



Foot Locker 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.

Foot Locker's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.88/29.35
=0.88

* 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.

Foot Locker's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Foot Locker's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=30.541/131.7762*131.7762
=30.541

Current CPI (Apr. 2024) = 131.7762.

Foot Locker Quarterly Data

Book Value per Share CPI Adj_Book
201407 17.972 100.520 23.560
201410 18.177 100.176 23.911
201501 17.719 98.604 23.680
201504 18.284 99.824 24.137
201507 18.510 100.691 24.224
201510 18.382 100.346 24.139
201601 18.638 99.957 24.571
201604 19.671 100.947 25.679
201607 19.372 101.524 25.145
201610 19.893 101.988 25.703
201701 20.609 102.456 26.507
201704 21.204 103.167 27.084
201707 21.737 103.278 27.735
201710 19.927 104.070 25.232
201801 21.022 104.578 26.489
201804 21.687 105.708 27.035
201807 21.465 106.324 26.603
201810 21.615 106.695 26.696
201901 22.331 106.200 27.709
201904 23.152 107.818 28.296
201907 22.915 108.250 27.895
201910 23.100 108.577 28.036
202001 23.736 108.841 28.738
202004 22.203 108.173 27.048
202007 23.019 109.318 27.748
202010 25.332 109.861 30.385
202101 26.742 110.364 31.930
202104 28.288 112.673 33.084
202107 32.138 115.183 36.768
202110 33.017 116.696 37.284
202201 33.385 118.619 37.088
202204 33.989 121.978 36.719
202207 34.405 125.002 36.270
202210 34.848 125.734 36.523
202301 35.259 126.223 36.810
202304 34.957 127.992 35.991
202307 34.486 128.974 35.235
202310 34.037 129.810 34.553
202401 30.672 130.124 31.061
202404 30.541 131.776 30.541

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.


Foot Locker  (NYSE:FL) 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.


Foot Locker Cyclically Adjusted PB Ratio Related Terms

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


Foot Locker (Foot Locker) Business Description

Traded in Other Exchanges
Address
330 West 34th Street, New York, NY, USA, 10001
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
Executives
Mary N Dillon director, officer: President & CEO ULTA BEAUTY, INC., 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440
Jennifer Kraft officer: EVP and General Counsel C/O FOOT LOCKER, INC., NEW YORK NY 10001
Michael Baughn officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 140 FOUNTAIN PARKWAY, ST. PETERSBURG FL 33716
Robert Higginbotham officer: Interim CFO C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
John A Maurer officer: VP, Treasurer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Giovanna Cipriano officer: SVP & Chief Accounting Officer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Todd Greener officer: SVP, Global Supply Chain 330 WEST 34TH STREET, NEW YORK NY 10001
Richard A Johnson director, officer: President & CEO FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Rosalind Reeves officer: EVP, Chief HR Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Elliott Rodgers officer: EVP, Chief Operations Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Vesa Equity Investment S.a R.l. 10 percent owner 2, PLACE DE PARIS, LUXEMBOURG N4 L-2314
Nitin Neil Bansal officer: EVP,Chief Strat&Transform Off C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Andrew E Page officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Samantha Lomow officer: President, Global Brands 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Virginia Drosos director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11