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The Home Depot (MIL:1HD) Cyclically Adjusted PB Ratio : 164.73 (As of May. 22, 2025)


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What is The Home Depot Cyclically Adjusted PB Ratio?

As of today (2025-05-22), The Home Depot's current share price is €337.70. The Home Depot's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was €2.05. The Home Depot's Cyclically Adjusted PB Ratio for today is 164.73.

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

MIL:1HD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.14   Med: 35.25   Max: 178.25
Current: 158.08

During the past years, The Home Depot's highest Cyclically Adjusted PB Ratio was 178.25. The lowest was 9.14. And the median was 35.25.

MIL:1HD's Cyclically Adjusted PB Ratio is ranked worse than
100% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.23 vs MIL:1HD: 158.08

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.

The Home Depot's adjusted book value per share data for the three months ended in Apr. 2025 was €7.123. 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 €2.05 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Home Depot Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Home Depot'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.

The Home Depot Cyclically Adjusted PB Ratio Chart

The Home Depot Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.48 70.77 80.74 122.39 174.37

The Home Depot Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 124.51 145.92 162.53 174.37 153.67

Competitive Comparison of The Home Depot's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, The Home Depot'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.


The Home Depot's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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


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The Home Depot 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.

The Home Depot's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=337.70/2.05
=164.73

* 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.

The Home Depot's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, The Home Depot's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=7.123/135.3468*135.3468
=7.123

Current CPI (Apr. 2025) = 135.3468.

The Home Depot Quarterly Data

Book Value per Share CPI Adj_Book
201507 6.115 100.691 8.220
201510 5.354 100.346 7.221
201601 4.646 99.957 6.291
201604 4.483 100.947 6.011
201607 4.874 101.524 6.498
201610 4.184 101.988 5.553
201701 3.386 102.456 4.473
201704 3.088 103.167 4.051
201707 2.614 103.278 3.426
201710 1.853 104.070 2.410
201801 1.030 104.578 1.333
201804 1.191 105.708 1.525
201807 1.502 106.324 1.912
201810 1.015 106.695 1.288
201901 -1.489 106.200 -1.898
201904 -1.732 107.818 -2.174
201907 -0.944 108.250 -1.180
201910 -0.897 108.577 -1.118
202001 -2.607 108.841 -3.242
202004 -2.984 108.173 -3.734
202007 -0.335 109.318 -0.415
202010 1.213 109.861 1.494
202101 2.515 110.364 3.084
202104 1.372 112.673 1.648
202107 1.658 115.183 1.948
202110 0.853 116.696 0.989
202201 -1.449 118.619 -1.653
202204 -1.538 121.978 -1.707
202207 0.228 125.002 0.247
202210 1.292 125.734 1.391
202301 1.427 126.223 1.530
202304 0.328 127.992 0.347
202307 1.206 128.974 1.266
202310 1.360 129.810 1.418
202401 0.966 130.124 1.005
202404 1.710 132.289 1.750
202407 4.104 132.708 4.186
202410 5.347 133.182 5.434
202501 6.453 134.029 6.516
202504 7.123 135.347 7.123

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.


The Home Depot  (MIL:1HD) 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.


The Home Depot Cyclically Adjusted PB Ratio Related Terms

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


The Home Depot Business Description

Address
2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and the 2024 tie-up with SRS will help grow professional demand in roofing, pool and landscaping projects.

The Home Depot Headlines

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