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Shoe Carnival (Shoe Carnival) Cyclically Adjusted PB Ratio : 2.54 (As of Apr. 27, 2024)


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What is Shoe Carnival Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Shoe Carnival's current share price is $34.53. Shoe Carnival's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $13.58. Shoe Carnival's Cyclically Adjusted PB Ratio for today is 2.54.

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

SCVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.93   Max: 4.06
Current: 2.52

During the past years, Shoe Carnival's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.84. And the median was 1.93.

SCVL's Cyclically Adjusted PB Ratio is ranked worse than
74.34% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs SCVL: 2.52

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.

Shoe Carnival's adjusted book value per share data for the three months ended in Jan. 2024 was $21.504. 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 $13.58 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shoe Carnival Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shoe Carnival'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.

Shoe Carnival Cyclically Adjusted PB Ratio Chart

Shoe Carnival 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 2.02 2.52 3.21 2.24 1.88

Shoe Carnival 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 2.24 1.84 2.05 1.72 1.88

Competitive Comparison of Shoe Carnival's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Shoe Carnival'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.


Shoe Carnival's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Shoe Carnival 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.

Shoe Carnival's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.53/13.58
=2.54

* 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.

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

For example, Shoe Carnival'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)
=21.504/129.4194*129.4194
=21.504

Current CPI (Jan. 2024) = 129.4194.

Shoe Carnival Quarterly Data

Book Value per Share CPI Adj_Book
201404 7.877 100.023 10.192
201407 7.920 100.520 10.197
201410 8.102 100.176 10.467
201501 8.161 98.604 10.712
201504 8.331 99.824 10.801
201507 8.444 100.691 10.853
201510 8.602 100.346 11.094
201601 8.647 99.957 11.196
201604 8.792 100.947 11.272
201607 8.725 101.524 11.122
201610 8.903 101.988 11.298
201701 8.792 102.456 11.106
201704 8.773 103.167 11.005
201707 8.820 103.278 11.053
201710 9.131 104.070 11.355
201801 9.066 104.578 11.220
201804 9.377 105.708 11.480
201807 9.751 106.324 11.869
201810 9.915 106.695 12.027
201901 9.900 106.200 12.065
201904 9.921 107.818 11.909
201907 10.321 108.250 12.339
201910 10.598 108.577 12.632
202001 10.614 108.841 12.621
202004 9.918 108.173 11.866
202007 10.247 109.318 12.131
202010 10.750 109.861 12.664
202101 10.995 110.364 12.893
202104 12.357 112.673 14.194
202107 13.808 115.183 15.515
202110 15.357 116.696 17.031
202201 16.066 118.619 17.529
202204 16.519 121.978 17.527
202207 17.514 125.002 18.133
202210 18.611 125.734 19.156
202301 19.347 126.223 19.837
202304 19.670 127.992 19.889
202307 20.304 128.974 20.374
202310 21.006 129.810 20.943
202401 21.504 129.419 21.504

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.


Shoe Carnival  (NAS:SCVL) 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.


Shoe Carnival Cyclically Adjusted PB Ratio Related Terms

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


Shoe Carnival (Shoe Carnival) Business Description

Traded in Other Exchanges
N/A
Address
7500 East Columbia Street, Evansville, IN, USA, 47715
Shoe Carnival Inc is a family footwear retailer that offers a broad assortment of dress, casual and athletic footwear for men, women, and children with an emphasis on national name brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs. It operates a retail-focused business model that aims to deliver the footwear shopping experience with the national name brands desired by its customers. Its bricks-first, omnichannel approach provides customers easy access to a wide assortment of branded footwear for work, athletics, daily activities, and special events via a choice of delivery channel.
Executives
Delores B Weaver 10 percent owner TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Wayne J Weaver director, 10 percent owner, officer: CHAIRMAN OF THE BOARD TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Erik D Gast officer: EVP - Chief Financial Officer 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Andrea R. Guthrie director 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Charles B. Tomm director 201 N. FRANKLIN STREET, SUITE 2800, TAMPA FL 33602
Kent A Kleeberger director
W Kerry Jackson officer: EXECUTIVE VICE PRESIDENT - CFO
Timothy T Baker officer: EXECUTIVE VICE PRESIDENT -
Marc A. Chilton officer: EVP-Chief Operations Officer 7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
Patrick C. Edwards officer: VP, CAO (PAO) 7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
James A Aschleman director 300 N MERIDIAN ST STE 2700, INDIANAPOLIS IN 46204
Carl N. Scibetta officer: EVP - GENERAL MERCHANDISE MGR 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Clifton E Sifford officer: EXECUTIVE VICE PRESIDENT -
Jeffrey C Gerstel director 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430

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