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Lululemon Athletica (WBO:LULU) Cyclically Adjusted PB Ratio : 21.62 (As of May. 01, 2024)


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What is Lululemon Athletica Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Lululemon Athletica's current share price is €336.85. Lululemon Athletica's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €15.58. Lululemon Athletica's Cyclically Adjusted PB Ratio for today is 21.62.

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

WBO:LULU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.24   Med: 22.64   Max: 43.31
Current: 21.73

During the past years, Lululemon Athletica's highest Cyclically Adjusted PB Ratio was 43.31. The lowest was 9.24. And the median was 22.64.

WBO:LULU's Cyclically Adjusted PB Ratio is ranked worse than
97.64% of 720 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs WBO:LULU: 21.73

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.

Lululemon Athletica's adjusted book value per share data for the three months ended in Jan. 2024 was €30.779. 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 €15.58 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lululemon Athletica Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lululemon Athletica'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.

Lululemon Athletica Cyclically Adjusted PB Ratio Chart

Lululemon Athletica Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.08 34.04 28.27 21.69 27.34

Lululemon Athletica 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 21.69 25.62 24.47 24.62 27.34

Competitive Comparison of Lululemon Athletica's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Lululemon Athletica'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.


Lululemon Athletica's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Lululemon Athletica 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.

Lululemon Athletica's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=336.85/15.58
=21.62

* 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.

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

For example, Lululemon Athletica'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)
=30.779/125.4675*125.4675
=30.779

Current CPI (Jan. 2024) = 125.4675.

Lululemon Athletica Quarterly Data

Book Value per Share CPI Adj_Book
201404 5.617 98.920 7.124
201407 5.777 99.315 7.298
201410 6.017 99.473 7.589
201501 6.609 98.209 8.443
201504 7.461 99.710 9.388
201507 7.065 100.579 8.813
201510 6.776 100.500 8.459
201601 6.893 100.184 8.633
201604 7.298 101.370 9.033
201607 7.635 101.844 9.406
201610 7.978 102.002 9.813
201701 9.325 102.318 11.435
201704 9.184 103.029 11.184
201707 8.945 103.029 10.893
201710 8.935 103.424 10.839
201801 10.422 104.056 12.567
201804 9.828 105.320 11.708
201807 8.533 106.110 10.090
201810 9.241 105.952 10.943
201901 9.799 105.557 11.647
201904 9.337 107.453 10.902
201907 10.319 108.243 11.961
201910 11.439 107.927 13.298
202001 13.494 108.085 15.664
202004 13.542 107.216 15.847
202007 13.360 108.401 15.463
202010 14.106 108.638 16.291
202101 16.115 109.192 18.517
202104 16.941 110.851 19.175
202107 17.404 112.431 19.422
202110 17.718 113.695 19.553
202201 18.850 114.801 20.601
202204 19.311 118.357 20.471
202207 22.027 120.964 22.847
202210 24.190 121.517 24.976
202301 22.951 121.596 23.682
202304 23.802 123.571 24.167
202307 25.206 124.914 25.318
202310 26.450 125.310 26.483
202401 30.779 125.468 30.779

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.


Lululemon Athletica  (WBO:LULU) 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.


Lululemon Athletica Cyclically Adjusted PB Ratio Related Terms

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


Lululemon Athletica (WBO:LULU) Business Description

Traded in Other Exchanges
Address
1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.

Lululemon Athletica (WBO:LULU) Headlines

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