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Capri Holdings (NYSE:CPRI) Cyclically Adjusted PB Ratio

: 3.04 (As of Today)
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As of today (2023-11-29), Capri Holdings's current share price is $49.33. Capri Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $16.24. Capri Holdings's Cyclically Adjusted PB Ratio for today is 3.04.

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

CPRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 3.64   Max: 5.5
Current: 3.01

During the past years, Capri Holdings's highest Cyclically Adjusted PB Ratio was 5.50. The lowest was 1.41. And the median was 3.64.

CPRI's Cyclically Adjusted PB Ratio is ranked worse than
77.33% of 750 companies
in the Retail - Cyclical industry
Industry Median: 1.15 vs CPRI: 3.01

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.

Capri Holdings's adjusted book value per share data for the three months ended in Sep. 2023 was $16.454. 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 $16.24 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capri Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capri Holdings'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.

Capri Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 4.50 3.92 3.04

Capri Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 2.67 3.81 3.04 2.25 3.24

Competitive Comparison

For the Luxury Goods subindustry, Capri Holdings'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.


Capri Holdings Cyclically Adjusted PB Ratio Distribution

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

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



Capri Holdings 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.

Capri Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.33/16.24
=3.04

* 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.

Capri Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Capri Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=16.454/130.1000*130.1000
=16.454

Current CPI (Sep. 2023) = 130.1000.

Capri Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201312 7.965 99.200 10.446
201403 8.841 99.300 11.583
201406 9.887 99.800 12.889
201409 10.909 100.000 14.193
201412 10.702 99.900 13.937
201503 11.224 99.600 14.661
201506 10.804 100.100 14.042
201509 10.236 100.200 13.290
201512 11.011 100.400 14.268
201603 11.311 100.400 14.657
201606 10.382 101.000 13.373
201609 10.232 101.500 13.115
201612 11.402 102.200 14.515
201703 10.220 102.700 12.947
201706 10.429 103.500 13.109
201709 11.870 104.300 14.806
201712 13.649 105.000 16.912
201803 13.480 105.100 16.686
201806 13.662 105.900 16.784
201809 14.517 106.600 17.717
201812 15.020 107.100 18.246
201903 16.093 107.000 19.567
201906 15.314 107.900 18.465
201909 15.861 108.400 19.036
201912 17.509 108.500 20.995
202003 14.502 108.600 17.373
202006 13.357 108.800 15.972
202009 14.600 109.200 17.394
202012 15.636 109.400 18.595
202103 14.265 109.700 16.918
202106 16.138 111.400 18.847
202109 17.295 112.400 20.019
202112 18.852 114.700 21.383
202203 17.919 116.500 20.011
202206 17.230 120.500 18.603
202209 16.348 122.300 17.391
202212 17.728 125.300 18.407
202303 15.748 126.800 16.158
202306 15.603 129.400 15.687
202309 16.454 130.100 16.454

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.


Capri Holdings  (NYSE:CPRI) 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.


Capri Holdings Cyclically Adjusted PB Ratio Related Terms

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


Capri Holdings (NYSE:CPRI) Business Description

Traded in Other Exchanges
Address
90 Whitfield Street, 2nd Floor, London, GBR, W1T 4EZ
Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.
Executives
Cedric Wilmotte officer: CEO - Michael Kors C/O CAPRI HOLDINGS LIMITED, 90 WHITFIELD STREET, 2ND FLOOR, LONDON X0 W1T 4EZ
Mahesh Madhavan director C/O CAPRI HOLDINGS LIMITED, 90 WHITFIELD STREET, 2ND FLOOR, LONDON X0 W1T 4EZ
Joshua Schulman officer: CEO - Michael Kors 603 WEST 50TH STREET, NEW YORK X1 10019
Marilyn C Crouther director 1902 RESTON METRO PLAZA, RESTON VA 20190
Jenna Hendricks officer: SVP, Chief People Officer 33 KINGSWAY, LONDON X0 WC2B 6UF
Daniel Purefoy officer: SVP, Global Ops 33 KINGSWAY, LONDON X0 WC2B 6UF
Ann Mclaughlin Korologos director PO BOX 3599, BATTLECREEK MI 49016-3599
Freestone Robin Anthony David director 33 KINGSWAY, LONDON X0 WC2B 6UF
Jean Tomlin director C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, NEW YORK NY 10036
Thomas Jr. Edwards officer: EVP, CFO, COO & Treasurer 6820 LBJ FREEWAY, DALLAS TX 75240
Krista A Mcdonough officer: SVP, General Counsel 33 KINGSWAY, LONDON X0 WC2B 6UF
Cathy Marie Robinson officer: SVP, Corp Str & Ch Ops Off C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, NEW YORK NY 10036
Michael David Kors director, officer: Hon Chair & Chief Creative Off C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, ATTN. LEE SPORN, NEW YORK NY 10036
Jane A. Thompson director C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, NEW YORK NY 10036
John D Idol director, officer: Chairman & CEO 650 MADISON AVE, NEW YORK NY 10022