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Gildan Activewear (STU:VGA) Cyclically Adjusted PB Ratio : 4.24 (As of Sep. 21, 2024)


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What is Gildan Activewear Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Gildan Activewear's current share price is €41.00. Gildan Activewear's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €9.67. Gildan Activewear's Cyclically Adjusted PB Ratio for today is 4.24.

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

STU:VGA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 4.59   Max: 8.27
Current: 4.38

During the past years, Gildan Activewear's highest Cyclically Adjusted PB Ratio was 8.27. The lowest was 1.53. And the median was 4.59.

STU:VGA's Cyclically Adjusted PB Ratio is ranked worse than
87.79% of 598 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.045 vs STU:VGA: 4.38

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.

Gildan Activewear's adjusted book value per share data for the three months ended in Jun. 2024 was €10.398. 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 €9.67 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gildan Activewear Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Cyclically Adjusted PB Ratio Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 3.49 4.75 2.94 3.21

Gildan Activewear Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.22 2.81 3.21 3.61 3.66

Competitive Comparison of Gildan Activewear's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


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

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

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



Gildan Activewear 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.

Gildan Activewear's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.00/9.67
=4.24

* 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.

Gildan Activewear's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Gildan Activewear's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=10.398/127.5217*127.5217
=10.398

Current CPI (Jun. 2024) = 127.5217.

Gildan Activewear Quarterly Data

Book Value per Share CPI Adj_Book
201409 6.418 99.394 8.234
201412 6.231 98.367 8.078
201503 7.353 99.789 9.396
201506 7.424 100.500 9.420
201509 7.803 100.421 9.909
201512 8.263 99.947 10.543
201603 7.764 101.054 9.798
201606 7.835 102.002 9.795
201609 8.041 101.765 10.076
201612 8.728 101.449 10.971
201703 8.687 102.634 10.794
201706 8.307 103.029 10.282
201709 7.869 103.345 9.710
201712 7.908 103.345 9.758
201803 7.447 105.004 9.044
201806 7.829 105.557 9.458
201809 8.068 105.636 9.740
201812 8.232 105.399 9.960
201903 8.196 106.979 9.770
201906 8.174 107.690 9.679
201909 8.749 107.611 10.368
201912 8.281 107.769 9.799
202003 7.501 107.927 8.863
202006 6.318 108.401 7.432
202009 6.317 108.164 7.448
202012 6.459 108.559 7.587
202103 7.047 110.298 8.147
202106 7.538 111.720 8.604
202109 8.280 112.905 9.352
202112 8.835 113.774 9.903
202203 8.895 117.646 9.642
202206 9.590 120.806 10.123
202209 10.335 120.648 10.924
202212 9.887 120.964 10.423
202303 9.870 122.702 10.258
202306 10.264 124.203 10.538
202309 10.733 125.230 10.929
202312 10.560 125.072 10.767
202403 10.529 126.258 10.634
202406 10.398 127.522 10.398

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.


Gildan Activewear  (STU:VGA) 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.


Gildan Activewear Cyclically Adjusted PB Ratio Related Terms

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


Gildan Activewear Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.

Gildan Activewear Headlines

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