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Designer Brands (Designer Brands) Cyclically Adjusted PB Ratio : 0.84 (As of May. 22, 2024)


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What is Designer Brands Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Designer Brands's current share price is $9.25. Designer Brands's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $11.04. Designer Brands's Cyclically Adjusted PB Ratio for today is 0.84.

The historical rank and industry rank for Designer Brands's Cyclically Adjusted PB Ratio or its related term are showing as below:

DBI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 2.04   Max: 7.36
Current: 0.87

During the past years, Designer Brands's highest Cyclically Adjusted PB Ratio was 7.36. The lowest was 0.35. And the median was 2.04.

DBI's Cyclically Adjusted PB Ratio is ranked better than
57.73% of 679 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.03 vs DBI: 0.87

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.

Designer Brands's adjusted book value per share data for the three months ended in Jan. 2024 was $6.277. 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 $11.04 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Designer Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Designer Brands's Cyclically Adjusted PB Ratio 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.

Designer Brands Cyclically Adjusted PB Ratio Chart

Designer Brands Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.11 1.16 0.90 0.78

Designer Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted PB Ratio 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 0.90 0.72 0.88 0.90 0.78

Competitive Comparison of Designer Brands's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Designer Brands'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.


Designer Brands's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Designer Brands Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Designer Brands's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.25/11.04
=0.84

* 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.

Designer Brands's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Designer Brands'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)
=6.277/130.1244*130.1244
=6.277

Current CPI (Jan. 2024) = 130.1244.

Designer Brands Quarterly Data

Book Value per Share CPI Adj_Book
201404 11.250 100.023 14.636
201407 11.122 100.520 14.398
201410 11.294 100.176 14.671
201501 11.438 98.604 15.094
201504 11.827 99.824 15.417
201507 12.008 100.691 15.518
201510 11.871 100.346 15.394
201601 11.047 99.957 14.381
201604 11.383 100.947 14.673
201607 11.467 101.524 14.697
201610 11.490 101.988 14.660
201701 11.692 102.456 14.849
201704 11.777 103.167 14.854
201707 12.114 103.278 15.263
201710 11.859 104.070 14.828
201801 11.937 104.578 14.853
201804 11.980 105.708 14.747
201807 11.451 106.324 14.014
201810 11.729 106.695 14.305
201901 10.616 106.200 13.008
201904 10.149 107.818 12.249
201907 10.039 108.250 12.068
201910 10.358 108.577 12.414
202001 10.045 108.841 12.009
202004 6.954 108.173 8.365
202007 5.623 109.318 6.693
202010 5.119 109.861 6.063
202101 3.357 110.364 3.958
202104 3.607 112.673 4.166
202107 4.264 115.183 4.817
202110 5.367 116.696 5.985
202201 5.622 118.619 6.167
202204 5.774 121.978 6.160
202207 5.593 125.002 5.822
202210 6.028 125.734 6.238
202301 6.801 126.223 7.011
202304 6.698 127.992 6.810
202307 7.199 128.974 7.263
202310 6.825 129.810 6.842
202401 6.277 130.124 6.277

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


Designer Brands  (NYSE:DBI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Designer Brands Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Designer Brands's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Designer Brands (Designer Brands) Business Description

Traded in Other Exchanges
Address
810 DSW Drive, Columbus, OH, USA, 43219
Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com.
Executives
Deborah L Ferree officer: Pres. & Chief Mdsing Officer 4150 EAST FIFTH AVE., COLUMBUS OH 43219
Mark Haley officer: SVP, Controller & PAO 4055 TECHNOLOGY FOREST BLVD., STE. 210, THE WOODLANDS TX 77381
William L Jordan officer: SVP, General Counsel 810 DSW DRIVE, COLUMBUS OH 43219
James S. Weinberg officer: EVP; Chief Merchandising Ofcr 810 DSW DR,, COLUMBUS OH 43219
Jared A. Poff officer: SVP, Finance & Interim CFO DSW INC., 810 DSW DRIVE, COLUMBUS OH 43219
Mary Turner officer: EVP; President, Shoe Company 810 DSW DRIVE, COLUMBUS OH 43219
Harvey L Sonnenberg other: Director Nominee 399 THORNALL STREET, EDISON NJ 08837
Laura Denk officer: EVP;Pres DSW Designer ShoeWhse 810 DSW DRIVE, COLUMBUS OH 43219
Tami Fersko director 810 DSW DRIVE, COLUMBUS OH 43219
Richard A. Paul director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Joanne Zaiac director DSW INC., 810 DSW DRIVE, COLUMBUS OH 43219
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Douglas M. Howe officer: EVP, President of DSW N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051-5660
Jay L Schottenstein director, 10 percent owner, officer: Chairman and CEO 1800 MOLER ROAD, COLUMBUS OH 43207
Joseph A. Schottenstein director 4300 EAST FIFTH AVENUE, COLUMBUS OH 43219