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Ollie's Bargain Outlet Holdings (STU:OL6) Cyclically Adjusted PB Ratio : 4.04 (As of Apr. 27, 2024)


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What is Ollie's Bargain Outlet Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Ollie's Bargain Outlet Holdings's current share price is €68.50. Ollie's Bargain Outlet Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €16.96. Ollie's Bargain Outlet Holdings's Cyclically Adjusted PB Ratio for today is 4.04.

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

STU:OL6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.84   Med: 4.15   Max: 4.54
Current: 4.08

During the past years, Ollie's Bargain Outlet Holdings's highest Cyclically Adjusted PB Ratio was 4.54. The lowest was 3.84. And the median was 4.15.

STU:OL6's Cyclically Adjusted PB Ratio is ranked worse than
79.72% of 217 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs STU:OL6: 4.08

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.

Ollie's Bargain Outlet Holdings's adjusted book value per share data for the three months ended in Jan. 2024 was €22.530. 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 €16.96 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ollie's Bargain Outlet Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ollie's Bargain Outlet 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.

Ollie's Bargain Outlet Holdings Cyclically Adjusted PB Ratio Chart

Ollie's Bargain Outlet Holdings 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 - - - - 3.95

Ollie's Bargain Outlet Holdings 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 - - - 4.32 3.95

Competitive Comparison of Ollie's Bargain Outlet Holdings's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Ollie's Bargain Outlet 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.


Ollie's Bargain Outlet Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ollie's Bargain Outlet 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.

Ollie's Bargain Outlet Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=68.50/16.96
=4.04

* 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.

Ollie's Bargain Outlet Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Ollie's Bargain Outlet Holdings'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)
=22.53/129.4194*129.4194
=22.530

Current CPI (Jan. 2024) = 129.4194.

Ollie's Bargain Outlet Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.000 100.023 0.000
201407 0.000 100.520 0.000
201410 0.000 100.176 0.000
201501 6.283 98.604 8.247
201504 6.077 99.824 7.879
201507 8.289 100.691 10.654
201510 8.249 100.346 10.639
201601 8.802 99.957 11.396
201604 8.631 100.947 11.065
201607 9.099 101.524 11.599
201610 9.330 101.988 11.839
201701 10.078 102.456 12.730
201704 10.296 103.167 12.916
201707 9.871 103.278 12.370
201710 9.963 104.070 12.390
201801 10.534 104.578 13.036
201804 10.794 105.708 13.215
201807 11.761 106.324 14.316
201810 12.311 106.695 14.933
201901 13.106 106.200 15.971
201904 13.856 107.818 16.632
201907 14.274 108.250 17.065
201910 14.470 108.577 17.248
202001 15.140 108.841 18.003
202004 15.938 108.173 19.068
202007 16.227 109.318 19.211
202010 16.469 109.861 19.401
202101 16.741 110.364 19.631
202104 17.688 112.673 20.317
202107 18.139 115.183 20.381
202110 17.212 116.696 19.089
202201 18.155 118.619 19.808
202204 19.222 121.978 20.395
202207 20.606 125.002 21.334
202210 21.493 125.734 22.123
202301 20.384 126.223 20.900
202304 20.391 127.992 20.618
202307 20.731 128.974 20.803
202310 22.144 129.810 22.077
202401 22.530 129.419 22.530

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.


Ollie's Bargain Outlet Holdings  (STU:OL6) 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.


Ollie's Bargain Outlet Holdings Cyclically Adjusted PB Ratio Related Terms

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Ollie's Bargain Outlet Holdings (STU:OL6) Business Description

Traded in Other Exchanges
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.

Ollie's Bargain Outlet Holdings (STU:OL6) Headlines

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