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Abercrombie & Fitch Co (FRA:AFT) Cyclically Adjusted Book per Share : €18.62 (As of Jan. 2024)


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What is Abercrombie & Fitch Co 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.

Abercrombie & Fitch Co's adjusted book value per share for the three months ended in Jan. 2024 was €18.817. 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 €18.62 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Abercrombie & Fitch Co's average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.30% 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 Abercrombie & Fitch Co was 25.00% per year. The lowest was -2.20% per year. And the median was 5.20% per year.

As of today (2024-05-17), Abercrombie & Fitch Co's current stock price is €124.04. Abercrombie & Fitch Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €18.62. Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio of today is 6.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abercrombie & Fitch Co was 6.75. The lowest was 0.38. And the median was 1.15.


Abercrombie & Fitch Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abercrombie & Fitch Co'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.

Abercrombie & Fitch Co Cyclically Adjusted Book per Share Chart

Abercrombie & Fitch Co 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 19.33 16.99 17.44 17.62 18.62

Abercrombie & Fitch Co 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 17.62 18.32 18.67 18.21 18.62

Competitive Comparison of Abercrombie & Fitch Co's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Abercrombie & Fitch Co'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.


Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio falls into.



Abercrombie & Fitch Co 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, Abercrombie & Fitch Co'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)
=18.817/130.1244*130.1244
=18.817

Current CPI (Jan. 2024) = 130.1244.

Abercrombie & Fitch Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 15.446 100.023 20.094
201407 15.444 100.520 19.992
201410 15.879 100.176 20.626
201501 17.253 98.604 22.768
201504 17.368 99.824 22.640
201507 16.776 100.691 21.680
201510 16.786 100.346 21.767
201601 17.656 99.957 22.985
201604 16.285 100.947 20.992
201607 16.396 101.524 21.015
201610 16.255 101.988 20.739
201701 17.250 102.456 21.908
201704 16.077 103.167 20.278
201707 14.733 103.278 18.563
201710 14.502 104.070 18.133
201801 14.939 104.578 18.588
201804 14.160 105.708 17.431
201807 14.536 106.324 17.790
201810 14.858 106.695 18.121
201901 15.990 106.200 19.592
201904 14.623 107.818 17.648
201907 14.013 108.250 16.845
201910 14.167 108.577 16.978
202001 15.194 108.841 18.165
202004 11.673 108.173 14.042
202007 11.239 109.318 13.378
202010 11.573 109.861 13.708
202101 12.323 110.364 14.529
202104 12.704 112.673 14.672
202107 13.557 115.183 15.316
202110 13.737 116.696 15.318
202201 13.782 118.619 15.119
202204 12.765 121.978 13.617
202207 13.150 125.002 13.689
202210 13.386 125.734 13.853
202301 13.159 126.223 13.566
202304 12.786 127.992 12.999
202307 13.852 128.974 13.976
202310 16.274 129.810 16.313
202401 18.817 130.124 18.817

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


Abercrombie & Fitch Co  (FRA:AFT) 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.

Abercrombie & Fitch Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=124.04/18.62
=6.66

* 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 Abercrombie & Fitch Co was 6.75. The lowest was 0.38. And the median was 1.15.


Be Aware

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


Abercrombie & Fitch Co Cyclically Adjusted Book per Share Related Terms

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


Abercrombie & Fitch Co (FRA:AFT) Business Description

Traded in Other Exchanges
Address
6301 Fitch Path, New Albany, OH, USA, 43054
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.