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Capri Holdings (BSP:CAPH34) Cyclically Adjusted Book per Share : R$84.35 (As of Mar. 2024)


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What is Capri Holdings 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.

Capri Holdings's adjusted book value per share for the three months ended in Mar. 2024 was R$68.273. 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 R$84.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Capri Holdings's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% 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 Capri Holdings was 13.60% per year. The lowest was 13.60% per year. And the median was 13.60% per year.

As of today (2024-06-08), Capri Holdings's current stock price is R$179.64. Capri Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$84.35. Capri Holdings's Cyclically Adjusted PB Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Capri Holdings was 5.50. The lowest was 1.41. And the median was 3.34.


Capri Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Capri Holdings'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.

Capri Holdings Cyclically Adjusted Book per Share Chart

Capri Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 64.41 66.71 72.65 84.35

Capri Holdings 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 72.65 81.51 77.94 78.21 84.35

Competitive Comparison of Capri Holdings's Cyclically Adjusted Book per Share

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

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 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, Capri Holdings'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)
=68.273/131.6000*131.6000
=68.273

Current CPI (Mar. 2024) = 131.6000.

Capri Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.108 99.800 29.152
201409 25.505 100.000 33.565
201412 28.275 99.900 37.247
201503 35.260 99.600 46.589
201506 33.619 100.100 44.198
201509 39.955 100.200 52.476
201512 42.733 100.400 56.013
201603 41.827 100.400 54.825
201606 35.543 101.000 46.311
201609 33.288 101.500 43.160
201612 38.242 102.200 49.243
201703 31.963 102.700 40.957
201706 34.366 103.500 43.696
201709 37.182 104.300 46.914
201712 44.973 105.000 56.366
201803 44.202 105.100 55.347
201806 51.518 105.900 64.020
201809 59.645 106.600 73.633
201812 58.330 107.100 71.673
201903 61.810 107.000 76.021
201906 59.045 107.900 72.014
201909 65.338 108.400 79.322
201912 71.864 108.500 87.164
202003 70.860 108.600 85.867
202006 69.301 108.800 83.824
202009 78.838 109.200 95.010
202012 80.440 109.400 96.763
202103 80.384 109.700 96.431
202106 81.149 111.400 95.864
202109 91.301 112.400 106.897
202112 106.606 114.700 122.313
202203 89.174 116.500 100.732
202206 86.972 120.500 94.984
202209 85.721 122.300 92.239
202212 92.988 125.300 97.663
202303 82.026 126.800 85.131
202306 75.735 129.400 77.023
202309 81.263 130.100 82.200
202312 81.507 130.500 82.194
202403 68.273 131.600 68.273

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


Capri Holdings  (BSP:CAPH34) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=179.64/84.35
=2.13

* 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 Capri Holdings was 5.50. The lowest was 1.41. And the median was 3.34.


Be Aware

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


Capri Holdings Cyclically Adjusted Book per Share Related Terms

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


Capri Holdings (BSP:CAPH34) 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.

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