GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kohl's Corp (BSP:K1SS34) » Definitions » Cyclically Adjusted Book per Share

Kohl's (BSP:K1SS34) Cyclically Adjusted Book per Share : R$195.21 (As of Jan. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Kohl's 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.

Kohl's's adjusted book value per share for the three months ended in Jan. 2024 was R$172.940. 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$195.21 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Kohl's's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Kohl's was 27.60% per year. The lowest was 3.50% per year. And the median was 9.90% per year.

As of today (2024-05-19), Kohl's's current stock price is R$120.00. Kohl's's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was R$195.21. Kohl's's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kohl's was 3.22. The lowest was 0.36. And the median was 1.65.


Kohl's Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kohl's'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.

Kohl's Cyclically Adjusted Book per Share Chart

Kohl's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.07 176.27 197.33 188.14 195.21

Kohl's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 188.14 187.49 177.63 185.21 195.21

Competitive Comparison of Kohl's's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Kohl's'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.


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

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

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



Kohl's 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, Kohl's'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)
=172.94/130.1244*130.1244
=172.940

Current CPI (Jan. 2024) = 130.1244.

Kohl's Quarterly Data

Book Value per Share CPI Adj_Book
201404 62.864 100.023 81.782
201407 63.335 100.520 81.988
201410 70.046 100.176 90.987
201501 78.527 98.604 103.630
201504 90.615 99.824 118.121
201507 93.520 100.691 120.858
201510 111.062 100.346 144.020
201601 119.727 99.957 155.860
201604 102.029 100.947 131.519
201607 94.974 101.524 121.730
201610 92.431 101.988 117.931
201701 94.915 102.456 120.546
201704 91.673 103.167 115.627
201707 95.187 103.278 119.930
201710 95.557 104.070 119.480
201801 103.590 104.578 128.895
201804 108.679 105.708 133.782
201807 125.580 106.324 153.691
201810 124.299 106.695 151.594
201901 126.667 106.200 155.202
201904 130.924 107.818 158.010
201907 128.823 108.250 154.855
201910 139.247 108.577 166.881
202001 145.026 108.841 173.386
202004 161.196 108.173 193.907
202007 161.443 109.318 192.171
202010 172.248 109.861 204.019
202101 176.509 110.364 208.112
202104 181.494 112.673 209.605
202107 177.209 115.183 200.197
202110 192.434 116.696 214.578
202201 196.758 118.619 215.842
202204 165.523 121.978 176.577
202207 190.571 125.002 198.380
202210 183.868 125.734 190.288
202301 176.020 126.223 181.461
202304 168.288 127.992 171.092
202307 161.530 128.974 162.970
202310 170.853 129.810 171.267
202401 172.940 130.124 172.940

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


Kohl's  (BSP:K1SS34) 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.

Kohl's's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=120.00/195.21
=0.61

* 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 Kohl's was 3.22. The lowest was 0.36. And the median was 1.65.


Be Aware

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


Kohl's Cyclically Adjusted Book per Share Related Terms

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


Kohl's (BSP:K1SS34) Business Description

Industry
Traded in Other Exchanges
Address
N56 W17000 Ridgewood Drive, Menomonee Falls, WI, USA, 53051
Kohl's operates about 1,170 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl's also operates a large digital sales business. Women's apparel is Kohl's largest category, having generated 27% of its 2022 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.

Kohl's (BSP:K1SS34) Headlines

No Headlines