GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Culp Inc (STU:CUZ) » Definitions » Cyclically Adjusted PB Ratio

Culp (STU:CUZ) Cyclically Adjusted PB Ratio : 0.34 (As of Jun. 05, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Culp Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Culp's current share price is €3.96. Culp's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €11.51. Culp's Cyclically Adjusted PB Ratio for today is 0.34.

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

STU:CUZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 2.26   Max: 4.88
Current: 0.35

During the past years, Culp's highest Cyclically Adjusted PB Ratio was 4.88. The lowest was 0.32. And the median was 2.26.

STU:CUZ's Cyclically Adjusted PB Ratio is ranked better than
84.31% of 784 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs STU:CUZ: 0.35

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.

Culp's adjusted book value per share data for the three months ended in Jan. 2024 was €5.948. 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 €11.51 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Culp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Culp'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.

Culp Cyclically Adjusted PB Ratio Chart

Culp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 0.69 1.27 0.53 0.43

Culp 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 0.41 0.43 0.45 0.43 0.39

Competitive Comparison of Culp's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Culp'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.


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

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

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



Culp 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.96/11.51
=0.34

* 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.

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

For example, Culp'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)
=5.948/130.1244*130.1244
=5.948

Current CPI (Jan. 2024) = 130.1244.

Culp Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.604 100.023 8.591
201407 6.602 100.520 8.546
201410 7.211 100.176 9.367
201501 8.101 98.604 10.691
201504 9.031 99.824 11.772
201507 8.746 100.691 11.303
201510 8.872 100.346 11.505
201601 9.403 99.957 12.241
201604 9.252 100.947 11.926
201607 9.665 101.524 12.388
201610 10.026 101.988 12.792
201701 10.863 102.456 13.797
201704 11.223 103.167 14.156
201707 10.431 103.278 13.142
201710 10.476 104.070 13.099
201801 10.023 104.578 12.471
201804 10.695 105.708 13.165
201807 11.039 106.324 13.510
201810 11.346 106.695 13.838
201901 11.529 106.200 14.126
201904 11.487 107.818 13.863
201907 11.516 108.250 13.843
201910 11.764 108.577 14.099
202001 11.651 108.841 13.929
202004 9.713 108.173 11.684
202007 8.909 109.318 10.605
202010 8.792 109.861 10.414
202101 8.562 110.364 10.095
202104 8.759 112.673 10.116
202107 8.928 115.183 10.086
202110 9.069 116.696 10.113
202201 9.169 118.619 10.058
202204 9.049 121.978 9.653
202207 9.129 125.002 9.503
202210 8.430 125.734 8.724
202301 7.048 126.223 7.266
202304 6.590 127.992 6.700
202307 6.307 128.974 6.363
202310 6.351 129.810 6.366
202401 5.948 130.124 5.948

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.


Culp  (STU:CUZ) 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.


Culp Cyclically Adjusted PB Ratio Related Terms

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


Culp (STU:CUZ) Business Description

Traded in Other Exchanges
Address
1823 Eastchester Drive, High Point, NC, USA, 27265
Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.