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Lakeland Industries (FRA:LLI) Cyclically Adjusted Book per Share : €13.68 (As of Apr. 2024)


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What is Lakeland Industries 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.

Lakeland Industries's adjusted book value per share for the three months ended in Apr. 2024 was €15.804. 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 €13.68 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Lakeland Industries's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Lakeland Industries was 18.50% per year. The lowest was -1.70% per year. And the median was 7.20% per year.

As of today (2024-06-11), Lakeland Industries's current stock price is €20.60. Lakeland Industries's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €13.68. Lakeland Industries's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lakeland Industries was 3.55. The lowest was 0.32. And the median was 1.05.


Lakeland Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lakeland Industries'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.

Lakeland Industries Cyclically Adjusted Book per Share Chart

Lakeland Industries 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 10.75 9.38 10.34 11.51 13.09

Lakeland Industries Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 12.53 12.05 13.24 13.09 13.68

Competitive Comparison of Lakeland Industries's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Lakeland Industries'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.


Lakeland Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lakeland Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lakeland Industries 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, Lakeland Industries's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=15.804/131.7762*131.7762
=15.804

Current CPI (Apr. 2024) = 131.7762.

Lakeland Industries Quarterly Data

Book Value per Share CPI Adj_Book
201407 6.477 100.520 8.491
201410 6.157 100.176 8.099
201501 7.717 98.604 10.313
201504 8.482 99.824 11.197
201507 8.490 100.691 11.111
201510 8.538 100.346 11.212
201601 8.572 99.957 11.301
201604 8.272 100.947 10.798
201607 8.623 101.524 11.193
201610 8.828 101.988 11.406
201701 9.254 102.456 11.902
201704 9.405 103.167 12.013
201707 8.942 103.278 11.409
201710 9.132 104.070 11.563
201801 8.370 104.578 10.547
201804 8.498 105.708 10.594
201807 9.008 106.324 11.164
201810 9.197 106.695 11.359
201901 9.098 106.200 11.289
201904 9.206 107.818 11.252
201907 9.314 108.250 11.338
201910 9.511 108.577 11.543
202001 9.612 108.841 11.637
202004 10.789 108.173 13.143
202007 11.268 109.318 13.583
202010 12.099 109.861 14.513
202101 12.519 110.364 14.948
202104 13.257 112.673 15.505
202107 13.570 115.183 15.525
202110 14.127 116.696 15.953
202201 14.521 118.619 16.132
202204 15.065 121.978 16.275
202207 15.834 125.002 16.692
202210 16.469 125.734 17.260
202301 15.202 126.223 15.871
202304 14.895 127.992 15.335
202307 14.903 128.974 15.227
202310 15.892 129.810 16.133
202401 15.388 130.124 15.583
202404 15.804 131.776 15.804

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


Lakeland Industries  (FRA:LLI) 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.

Lakeland Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.60/13.68
=1.51

* 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 Lakeland Industries was 3.55. The lowest was 0.32. And the median was 1.05.


Be Aware

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


Lakeland Industries Cyclically Adjusted Book per Share Related Terms

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


Lakeland Industries (FRA:LLI) Business Description

Traded in Other Exchanges
Address
1525 Perimeter Parkway, Suite 325, Huntsville, AL, USA, 35806
Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. The company's geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.

Lakeland Industries (FRA:LLI) Headlines

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