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MOV (Movado Group) Cyclically Adjusted PB Ratio : 0.69 (As of May. 24, 2025)


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What is Movado Group Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Movado Group's current share price is $16.79. Movado Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $24.46. Movado Group's Cyclically Adjusted PB Ratio for today is 0.69.

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

MOV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.34   Max: 2.73
Current: 0.69

During the past years, Movado Group's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 0.46. And the median was 1.34.

MOV's Cyclically Adjusted PB Ratio is ranked better than
70.3% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs MOV: 0.69

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.

Movado Group's adjusted book value per share data for the three months ended in Jan. 2025 was $21.734. 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 $24.46 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Movado Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Movado Group'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.

Movado Group Cyclically Adjusted PB Ratio Chart

Movado Group 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 1.02 1.70 1.52 1.15 0.78

Movado Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 1.15 1.05 1.06 0.76 0.78

Competitive Comparison of Movado Group's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Movado Group'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.


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

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

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


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Movado Group 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.

Movado Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.79/24.46
=0.69

* 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.

Movado Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Movado Group's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=21.734/134.0288*134.0288
=21.734

Current CPI (Jan. 2025) = 134.0288.

Movado Group Quarterly Data

Book Value per Share CPI Adj_Book
201504 19.180 99.824 25.752
201507 19.007 100.691 25.300
201510 19.548 100.346 26.110
201601 19.203 99.957 25.749
201604 19.925 100.947 26.455
201607 19.999 101.524 26.402
201610 20.499 101.988 26.939
201701 20.652 102.456 27.016
201704 20.201 103.167 26.244
201707 20.817 103.278 27.015
201710 21.249 104.070 27.366
201801 20.505 104.578 26.280
201804 19.943 105.708 25.286
201807 20.015 106.324 25.230
201810 20.816 106.695 26.149
201901 21.575 106.200 27.229
201904 21.229 107.818 26.390
201907 21.752 108.250 26.932
201910 22.621 108.577 27.924
202001 22.873 108.841 28.166
202004 15.989 108.173 19.811
202007 16.120 109.318 19.764
202010 16.786 109.861 20.479
202101 18.334 110.364 22.265
202104 18.258 112.673 21.719
202107 18.837 115.183 21.919
202110 19.823 116.696 22.767
202201 20.655 118.619 23.338
202204 20.319 121.978 22.326
202207 21.006 125.002 22.523
202210 21.516 125.734 22.935
202301 22.930 126.223 24.348
202304 22.220 127.992 23.268
202307 22.614 128.974 23.500
202310 22.665 129.810 23.402
202401 22.830 130.124 23.515
202404 22.574 132.289 22.871
202407 22.687 132.708 22.913
202410 22.742 133.182 22.887
202501 21.734 134.029 21.734

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.


Movado Group  (NYSE:MOV) 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.


Movado Group Cyclically Adjusted PB Ratio Related Terms

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


Movado Group Business Description

Traded in Other Exchanges
Address
650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556
Movado Group Inc designs, develops, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewelry and other accessories of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of its revenue from its international locations.
Executives
Michelle Kennedy officer: SVP, Human Resources 650 FROM ROAD, STE. 375, PARAMUS NJ 07652
Sallie A Demarsilis officer: Chief Financial Officer 142 WEST 57TH ST, NEW YORK NY 10019
Linda Feeney officer: SVP, Principal Acct. Officer 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Vivian Delia officer: SENIOR VP HUMAN RESOURCES C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Ann Kirschner director 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard D Isserman director C/O MOVADO GROUP, INC., 650 FROM ROAD, PARAMUS NJ 07652
Maya Peterson director C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Efraim Grinberg director, 10 percent owner, officer: President - CEO C/O MOVADO GROUP INC, 650 FROM RD, PARAMUS NJ 07652
Alexander Grinberg 10 percent owner 125 CHUBB AVE, LYNDHURST NJ 07071
Behzad Soltani officer: EVP,Commercial President & CTO 650 FROM ROAD, STE 375, PARAMUS NJ 07652-3556
Alan H Howard director
Sussis Mitchell Cole officer: Senior VP and General Counsel 6 YORKSHIRE DRIVE, MENDHAM NJ 07945
Stephen I Sadove director
Maurice S Reznik director C/O MAIDENFORM BRANDS, INC., 154 AVENUE E, BAYONNE NJ 07002
Richard Cote director, officer: Executive V.P. - COO