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Williams-Sonoma (LTS:0LXC) Cyclically Adjusted Book per Share : $20.56 (As of Apr. 2024)


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What is Williams-Sonoma 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.

Williams-Sonoma's adjusted book value per share for the three months ended in Apr. 2024 was $34.344. 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 $20.56 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Williams-Sonoma's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Williams-Sonoma was 23.50% per year. The lowest was 3.00% per year. And the median was 10.50% per year.

As of today (2024-05-31), Williams-Sonoma's current stock price is $291.4005. Williams-Sonoma's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $20.56. Williams-Sonoma's Cyclically Adjusted PB Ratio of today is 14.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Williams-Sonoma was 16.06. The lowest was 2.56. And the median was 5.40.


Williams-Sonoma Cyclically Adjusted Book per Share Historical Data

The historical data trend for Williams-Sonoma'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.

Williams-Sonoma Cyclically Adjusted Book per Share Chart

Williams-Sonoma 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 15.06 15.05 16.43 17.95 20.08

Williams-Sonoma 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 18.24 18.90 19.36 20.08 20.56

Competitive Comparison of Williams-Sonoma's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Williams-Sonoma'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.


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

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

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



Williams-Sonoma 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, Williams-Sonoma'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)
=34.344/131.7762*131.7762
=34.344

Current CPI (Apr. 2024) = 131.7762.

Williams-Sonoma Quarterly Data

Book Value per Share CPI Adj_Book
201407 12.615 100.520 16.538
201410 12.323 100.176 16.210
201501 13.328 98.604 17.812
201504 12.948 99.824 17.093
201507 12.562 100.691 16.440
201510 12.405 100.346 16.290
201601 13.379 99.957 17.638
201604 13.018 100.947 16.994
201607 13.017 101.524 16.896
201610 13.177 101.988 17.026
201701 14.294 102.456 18.384
201704 13.931 103.167 17.794
201707 13.860 103.278 17.685
201710 13.875 104.070 17.569
201801 14.375 104.578 18.114
201804 14.386 105.708 17.934
201807 13.348 106.324 16.543
201810 13.602 106.695 16.799
201901 14.664 106.200 18.196
201904 14.237 107.818 17.401
201907 14.345 108.250 17.463
201910 14.584 108.577 17.700
202001 16.025 108.841 19.402
202004 15.677 108.173 19.098
202007 17.135 109.318 20.655
202010 18.280 109.861 21.927
202101 21.629 110.364 25.825
202104 19.238 112.673 22.500
202107 20.514 115.183 23.469
202110 21.048 116.696 23.768
202201 23.120 118.619 25.684
202204 18.922 121.978 20.442
202207 19.063 125.002 20.096
202210 21.229 125.734 22.249
202301 25.686 126.223 26.816
202304 22.840 127.992 23.515
202307 25.270 128.974 25.819
202310 28.272 129.810 28.700
202401 33.170 130.124 33.591
202404 34.344 131.776 34.344

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


Williams-Sonoma  (LTS:0LXC) 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.

Williams-Sonoma's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=291.4005/20.56
=14.17

* 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 Williams-Sonoma was 16.06. The lowest was 2.56. And the median was 5.40.


Be Aware

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


Williams-Sonoma Cyclically Adjusted Book per Share Related Terms

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


Williams-Sonoma (LTS:0LXC) Business Description

Traded in Other Exchanges
Address
3250 Van Ness Avenue, San Francisco, CA, USA, 94109
With a retail and direct-to-consumer presence, Williams-Sonoma is a player in the $300 billion domestic home category, focused on expanding its exposure in the B2B, marketplace, and franchise areas. Namesake Williams-Sonoma (163 stores) offers high-end cooking essentials, while Pottery Barn (191) provides casual home accessories. Brand extensions include Pottery Barn Kids (46) and PBteen. West Elm (123) is an emerging concept for young professionals, and Rejuvenation (10) offers lighting and house parts. Williams-Sonoma also has a business-to-business team that supports projects that range from residential to large-scale commercial.

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