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Tempur Sealy International (Tempur Sealy International) Cyclically Adjusted Book per Share : $1.06 (As of Mar. 2024)


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What is Tempur Sealy International 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.

Tempur Sealy International's adjusted book value per share for the three months ended in Mar. 2024 was $1.898. 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 $1.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tempur Sealy International's average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 Tempur Sealy International was 22.20% per year. The lowest was 1.50% per year. And the median was 9.70% per year.

As of today (2024-05-15), Tempur Sealy International's current stock price is $53.94. Tempur Sealy International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.06. Tempur Sealy International's Cyclically Adjusted PB Ratio of today is 50.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tempur Sealy International was 57.41. The lowest was 13.33. And the median was 32.87.


Tempur Sealy International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tempur Sealy International'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.

Tempur Sealy International Cyclically Adjusted Book per Share Chart

Tempur Sealy International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.76 0.95 0.93 1.03

Tempur Sealy International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.95 0.97 1.00 1.03 1.06

Competitive Comparison of Tempur Sealy International's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Tempur Sealy International'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.


Tempur Sealy International's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tempur Sealy International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tempur Sealy International 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, Tempur Sealy International'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)
=1.898/129.4194*129.4194
=1.898

Current CPI (Mar. 2024) = 129.4194.

Tempur Sealy International Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.640 100.560 0.824
201409 0.713 100.428 0.919
201412 0.832 99.070 1.087
201503 0.798 99.621 1.037
201506 1.021 100.684 1.312
201509 1.202 100.392 1.550
201512 1.163 99.792 1.508
201603 1.035 100.470 1.333
201606 0.674 101.688 0.858
201609 0.653 101.861 0.830
201612 -0.206 101.863 -0.262
201703 -0.083 102.862 -0.104
201706 0.101 103.349 0.126
201709 0.389 104.136 0.483
201712 0.519 104.011 0.646
201803 0.656 105.290 0.806
201806 0.726 106.317 0.884
201809 0.961 106.507 1.168
201812 0.984 105.998 1.201
201903 1.145 107.251 1.382
201906 1.396 108.070 1.672
201909 1.539 108.329 1.839
201912 1.671 108.420 1.995
202003 1.007 108.902 1.197
202006 1.166 108.767 1.387
202009 2.167 109.815 2.554
202012 2.458 109.897 2.895
202103 1.602 111.754 1.855
202106 2.044 114.631 2.308
202109 1.880 115.734 2.102
202112 1.525 117.630 1.678
202203 -0.570 121.301 -0.608
202206 -1.102 125.017 -1.141
202209 -0.890 125.227 -0.920
202212 -0.130 125.222 -0.134
202303 0.204 127.348 0.207
202306 0.802 128.729 0.806
202309 1.243 129.860 1.239
202312 1.877 129.419 1.877
202403 1.898 129.419 1.898

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


Tempur Sealy International  (NYSE:TPX) 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.

Tempur Sealy International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.94/1.06
=50.89

* 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 Tempur Sealy International was 57.41. The lowest was 13.33. And the median was 32.87.


Be Aware

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


Tempur Sealy International Cyclically Adjusted Book per Share Related Terms

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


Tempur Sealy International (Tempur Sealy International) Business Description

Traded in Other Exchanges
Address
1000 Tempur Way, Lexington, KY, USA, 40511
Tempur Sealy International Inc is one of the world's largest bedding providers. The firm develops and distributes bedding products globally through its North America and international segments (Europe, Asia Pacific, and Latin America). Tempur Sealy's products are divided into the bedding and other product categories. The bedding category comprises the majority of net sales. The primary distribution channels of the company within each segment are retail (including furniture and bedding retailers, department stores, and warehouse clubs) and other (including e-commerce platforms, company-owned stores, and third-party distributors). The majority of net sales is derived from retail. Some major brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster.
Executives
Evelyn S Dilsaver director C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596
Hansbart Wijnand officer: EVP, INTERNATIONAL 1000 TEMPUR WAY, LEXINGTON KY 40511
David Montgomery officer: Exec VP, Pres of Intl Ops TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Bhaskar Rao officer: CAO & VP of Strategic Planning TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Simon Dyer director 1000 TEMPUR WAY, LEXINGTON KY 40511
Meredith R. Siegfried director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Scott L Thompson director, officer: Chairman, President and CEO 950 ECHO LN STE 100, HOUSTON TX 77024
Thomas A. Murray officer: EVP, CMO U.S. C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Buster H Clifford Iii officer: EVP, Direct to Consumer 1000 TEMPUR WAY, LEXINGTON KY 74135
Scott Vollet officer: EVP, Global Operations 1000, TEMPUR WAY, LEXINGTON KY 40511
Trussell Robert B Jr director TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Steven H Rusing officer: President, U.S. Sales C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Arik W Ruchim director 600 CORPORATION DRIVE, PENDLETON IN 46064
Richard W Neu director 1100 WILSON BOULEVARD, SUITE 3000, ARLINGTON VA 22209
John Heil director VCA ANTECH INC, 12401 WEST OLYMPIC BLVD, LOS ANGELES CA 90064