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Lakeland Industries (Lakeland Industries) Cyclically Adjusted Book per Share : $14.12 (As of Jan. 2024)


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What is Lakeland Industries Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Lakeland Industries's adjusted book value per share for the three months ended in Jan. 2024 was $16.762. 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 $14.12 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Lakeland Industries's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Lakeland Industries was 18.50% per year. The lowest was -1.70% per year. And the median was 7.00% per year.

As of today (2024-04-27), Lakeland Industries's current stock price is $17.15. Lakeland Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $14.12. Lakeland Industries's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lakeland Industries was 3.55. The lowest was 0.29. And the median was 1.04.


Lakeland Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lakeland Industries's Cyclically Adjusted Book per Share 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.

Lakeland Industries Cyclically Adjusted Book per Share Chart

Lakeland Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.62 11.54 12.26 13.28 14.12

Lakeland Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 13.28 13.60 13.81 14.02 14.12

Competitive Comparison of Lakeland Industries's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Lakeland Industries'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.


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

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

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



Lakeland Industries Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Lakeland Industries'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)
=16.762/129.4194*129.4194
=16.762

Current CPI (Jan. 2024) = 129.4194.

Lakeland Industries Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.810 100.023 11.399
201407 8.764 100.520 11.284
201410 7.803 100.176 10.081
201501 8.963 98.604 11.764
201504 9.179 99.824 11.900
201507 9.340 100.691 12.005
201510 9.583 100.346 12.359
201601 9.307 99.957 12.050
201604 9.389 100.947 12.037
201607 9.528 101.524 12.146
201610 9.722 101.988 12.337
201701 9.844 102.456 12.435
201704 10.080 103.167 12.645
201707 10.314 103.278 12.925
201710 10.731 104.070 13.345
201801 10.207 104.578 12.632
201804 10.427 105.708 12.766
201807 10.523 106.324 12.809
201810 10.571 106.695 12.822
201901 10.386 106.200 12.657
201904 10.344 107.818 12.416
201907 10.442 108.250 12.484
201910 10.521 108.577 12.541
202001 10.668 108.841 12.685
202004 11.727 108.173 14.030
202007 12.952 109.318 15.334
202010 14.235 109.861 16.769
202101 15.248 110.364 17.881
202104 15.857 112.673 18.214
202107 16.040 115.183 18.023
202110 16.389 116.696 18.176
202201 16.426 118.619 17.922
202204 16.269 121.978 17.261
202207 16.108 125.002 16.677
202210 16.226 125.734 16.702
202301 16.381 126.223 16.796
202304 16.333 127.992 16.515
202307 16.486 128.974 16.543
202310 16.781 129.810 16.731
202401 16.762 129.419 16.762

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Lakeland Industries  (NAS:LAKE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Lakeland Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.15/14.12
=1.21

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lakeland Industries was 3.55. The lowest was 0.29. And the median was 1.04.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Lakeland Industries Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Lakeland Industries's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeland Industries (Lakeland Industries) Business Description

Traded in Other Exchanges
Address
1525 Perimeter Parkway, Suite 325, Huntsville, AL, USA, 35806
Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. The company's geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.
Executives
Joshua J Sletten officer: VP Corp Development & Strategy 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Melissa Kidd director 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Herring Ronald N Jr director
Roger D Shannon officer: Chief Financial Officer 15415 SHELBYVILLE ROAD, LOUISVILLE KY 40245
An Hui officer: VP of Procurement & Asia Mfg. 1525 PERIMETER PARKWAY, SUITE 325, HUNTSTVILLE AL 35806
Christopher James Ryan director 3555 VETERANS MEMORIAL HWY, SUITE C, RONKONKOMA NY 11779
Allen E Dillard officer: COO & CFO 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Charles D Roberson director, officer: CEO, President and Secretary 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Steven L Harvey officer: Exec. VP, Sales and Marketing 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Thomas J Mcateer director 54 CEDAR POINT DRIVE, WEST ISLIP NY 11795
Jeffrey T Schlarbaum director 105 NORTON STREET, NEWARK NY 14513
Nikki Hamblin director 2 RED OAK LANE, PITTSFORD NY 14534
Alfred John Kreft director 3333 ALLEN PARK WAY, #2004, HOUSTON TX 77019
Daniel L. Edwards officer: Sr. VP Sales for North America 6794 MEADOW VIEW DRIVE, SUMMERFIELD NC 27358
Stephen M Bachelder director, officer: Chief Operating Officer 3555 VETERANS MEMORIAL HWY, SUITE C, RONKONKOMA NY 11779