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Ralph Lauren (STU:PRL) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Ralph Lauren Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ralph Lauren Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ralph Lauren'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.

Ralph Lauren Cyclically Adjusted PB Ratio Chart

Ralph Lauren Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 2.71 2.34 2.37 -

Ralph Lauren Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.37 2.50 2.36 2.97 -

Competitive Comparison of Ralph Lauren's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Ralph Lauren'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.


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

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

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



Ralph Lauren 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.

Ralph Lauren's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ralph Lauren's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=34.522/131.7762*131.7762
=34.522

Current CPI (Mar. 2024) = 131.7762.

Ralph Lauren Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.220 100.560 43.532
201409 35.650 100.428 46.778
201412 37.856 99.070 50.354
201503 41.660 99.621 55.107
201506 39.580 100.684 51.803
201509 40.090 100.392 52.623
201512 41.572 99.792 54.896
201603 40.551 100.470 53.186
201606 38.563 101.688 49.973
201609 39.000 101.861 50.454
201612 41.634 101.863 53.860
201703 38.088 102.862 48.794
201706 36.783 103.349 46.900
201709 36.218 104.136 45.831
201712 35.416 104.011 44.870
201803 34.489 105.290 43.165
201806 36.108 106.317 44.755
201809 36.856 106.507 45.600
201812 37.507 105.998 46.629
201903 37.249 107.251 45.767
201906 34.538 108.070 42.114
201909 35.463 108.329 43.139
201912 38.058 108.420 46.257
202003 33.626 108.902 40.689
202006 31.044 108.767 37.611
202009 29.548 109.815 35.457
202012 30.271 109.897 36.298
202103 29.887 111.754 35.242
202106 30.648 114.631 35.232
202109 33.017 115.734 37.593
202112 33.845 117.630 37.915
202203 32.943 121.301 35.788
202206 32.889 125.017 34.667
202209 34.361 125.227 36.158
202212 35.297 125.222 37.145
202303 34.605 127.348 35.808
202306 34.503 128.729 35.320
202309 34.311 129.860 34.817
202312 36.908 129.419 37.580
202403 34.522 131.776 34.522

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.


Ralph Lauren  (STU:PRL) 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.


Ralph Lauren Cyclically Adjusted PB Ratio Related Terms

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Ralph Lauren (STU:PRL) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, New York, NY, USA, 10022
Founded by designer Ralph Lauren in 1967 in New York City, Ralph Lauren Corp. designs, markets, and distributes lifestyle products in North America, Europe, and Asia. Its products include apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The company's brands include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren. Distribution channels for Ralph Lauren include wholesale (department stores and specialty stores), retail (company-owned retail stores and e-commerce), and licensing.

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