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Inter Parfums (Inter Parfums) Cyclically Adjusted Book per Share : $18.23 (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 $22.112. 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 $18.23 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 (2024-05-31), Inter Parfums's current stock price is $119.20. Inter Parfums's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $18.23. Inter Parfums's Cyclically Adjusted PB Ratio of today is 6.54.

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 12.68 13.54 15.26 16.84 17.79

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 17.22 17.50 17.74 17.79 18.23

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)
=22.112/131.7762*131.7762
=22.112

Current CPI (Mar. 2024) = 131.7762.

Inter Parfums Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.333 100.560 17.472
201409 12.699 100.428 16.663
201412 12.334 99.070 16.406
201503 11.396 99.621 15.074
201506 11.790 100.684 15.431
201509 12.111 100.392 15.897
201512 11.779 99.792 15.554
201603 12.312 100.470 16.148
201606 12.103 101.688 15.684
201609 12.488 101.861 16.156
201612 11.895 101.863 15.388
201703 12.320 102.862 15.783
201706 13.022 103.349 16.604
201709 13.748 104.136 17.397
201712 13.869 104.011 17.571
201803 14.496 105.290 18.143
201806 14.016 106.317 17.372
201809 14.358 106.507 17.765
201812 14.263 105.998 17.732
201903 14.433 107.251 17.733
201906 14.594 108.070 17.795
201909 14.533 108.329 17.679
201912 14.851 108.420 18.050
202003 14.653 108.902 17.731
202006 14.778 108.767 17.904
202009 15.837 109.815 19.004
202012 16.952 109.897 20.327
202103 17.064 111.754 20.121
202106 17.733 114.631 20.385
202109 18.462 115.734 21.021
202112 17.968 117.630 20.129
202203 18.357 121.301 19.942
202206 17.893 125.017 18.860
202209 18.029 125.227 18.972
202212 19.294 125.222 20.304
202303 20.567 127.348 21.282
202306 20.897 128.729 21.392
202309 21.585 129.860 21.904
202312 21.853 129.419 22.251
202403 22.112 131.776 22.112

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


Inter Parfums  (NAS:IPAR) 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
=119.20/18.23
=6.54

* 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 (Inter Parfums) 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.
Executives
Philippe Santi officer: Dir. of Finance INTER PARFUMS S A, 4 ROND POINT DES CHAMPS ELYSEES, PARIS I0 99999
Jean Madar director, 10 percent owner, officer: CEO JEAN PHILIPPE FRAGRANCES INC, 551 FIFTH AVE 15TH FLOOR, NEW YORK NY 10176
Gerard Kappauf director JUMEIRAH 1, 30TH C STREET, VILLA 76, DUBAI C0 500001
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Gilbert Harrison director HARRISON GROUP, 745 FIFTH AVENUE, SUITE 514, NEW YORK NY 10151
Pelayo Frederic Garcia officer: Dir ExportSales InterParfumsSA
Russell Greenberg director, officer: Ex. VP and CFO INTER PARFUMS INC, 551 FIFTH AVE 15TH FLR, NEW YORK NY 10176
Philippe Benacin director, 10 percent owner, officer: President C/O INTER PARFUMS INC, 551 FIFTH AVE, 5TH FLOOR, NEW YORK NY 10176
Michel D. Atwood director, officer: Chief Financial Officer 1113 YORK AVENUE, NEW YORK NY 10065
Francois Heilbronn director M M FRIEDRICH HEILBRONN & FISZER, 24 AVE MATIGNON, PARIS I0 99999
Torres Robert Bensoussan director 48 BOULEVARD RASPAIL, PARIS I0 99999
Patrick Choel director UNIVERSITE-82, 7 RUE DE TALLEYRAND, PARIS I0 75007
Henry B. Clarke officer: President Specialty Retail Div INTER PARFUMS, INC., 551 FIFTH AVENUE, NEW YORK NY 10176
Michel Dyens director MICHEL DYENS & CO, 17 AVENUE MONTAIGNE, PARIS I0 75008
Jean Levy director CHEZ AXCESS GROUPE, 8 RUE DE BERRI, PARIS I0 99999