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Inter Parfums (FRA:JF1) Cyclically Adjusted Book per Share : €16.74 (As of Mar. 2024)


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What is Inter Parfums 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.

Inter Parfums's adjusted book value per share for the three months ended in Mar. 2024 was €20.343. 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 €16.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Inter Parfums's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Inter Parfums was 15.10% per year. The lowest was 7.30% per year. And the median was 13.30% per year.

As of today (2024-06-08), Inter Parfums's current stock price is €107.00. Inter Parfums's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.74. Inter Parfums's Cyclically Adjusted PB Ratio of today is 6.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inter Parfums was 9.14. The lowest was 2.29. And the median was 4.48.


Inter Parfums Cyclically Adjusted Book per Share Historical Data

The historical data trend for Inter Parfums'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.

Inter Parfums Cyclically Adjusted Book per Share Chart

Inter Parfums Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.16 10.83 13.28 15.88 16.31

Inter Parfums 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 15.74 15.66 16.77 16.31 16.74

Competitive Comparison of Inter Parfums's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Inter Parfums'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.


Inter Parfums's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inter Parfums's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Inter Parfums 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, Inter Parfums'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)
=20.343/131.7762*131.7762
=20.343

Current CPI (Mar. 2024) = 131.7762.

Inter Parfums Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.813 100.560 12.859
201409 9.854 100.428 12.930
201412 10.003 99.070 13.305
201503 10.530 99.621 13.929
201506 10.505 100.684 13.749
201509 10.791 100.392 14.165
201512 10.813 99.792 14.279
201603 11.057 100.470 14.502
201606 10.771 101.688 13.958
201609 11.126 101.861 14.394
201612 11.276 101.863 14.587
201703 11.519 102.862 14.757
201706 11.590 103.349 14.778
201709 11.534 104.136 14.595
201712 11.720 104.011 14.849
201803 11.757 105.290 14.715
201806 11.997 106.317 14.870
201809 12.305 106.507 15.224
201812 12.537 105.998 15.586
201903 12.773 107.251 15.694
201906 12.916 108.070 15.749
201909 13.196 108.329 16.052
201912 13.366 108.420 16.245
202003 13.261 108.902 16.046
202006 13.123 108.767 15.899
202009 13.446 109.815 16.135
202012 13.935 109.897 16.709
202103 14.334 111.754 16.902
202106 14.718 114.631 16.919
202109 15.693 115.734 17.868
202112 15.901 117.630 17.813
202203 16.668 121.301 18.107
202206 16.927 125.017 17.842
202209 18.210 125.227 19.162
202212 18.214 125.222 19.167
202303 19.209 127.348 19.877
202306 19.288 128.729 19.745
202309 20.225 129.860 20.524
202312 20.039 129.419 20.404
202403 20.343 131.776 20.343

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


Inter Parfums  (FRA:JF1) 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.

Inter Parfums's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=107.00/16.74
=6.39

* 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 Inter Parfums was 9.14. The lowest was 2.29. And the median was 4.48.


Be Aware

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


Inter Parfums Cyclically Adjusted Book per Share Related Terms

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


Inter Parfums (FRA:JF1) Business Description

Traded in Other Exchanges
Address
551 Fifth Avenue, New York, NY, USA, 10176
Inter Parfums Inc operates in the fragrance business and manufactures, markets, and distributes fragrances and fragrance related products. It sells its product under the brand names called JIMMY CHOO, bebe, Paul Smith, Abercrombie and Fitch, COACH, and others. The company operates in two operating segments namely European based operations, and United-States operations. The company sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.

Inter Parfums (FRA:JF1) Headlines

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