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Unifi (FRA:36A) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 07, 2024)


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What is Unifi Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Unifi's current share price is €5.85. Unifi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.96. Unifi's Cyclically Adjusted PB Ratio for today is 0.28.

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

FRA:36A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.31   Max: 2.38
Current: 0.28

During the past years, Unifi's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 0.25. And the median was 1.31.

FRA:36A's Cyclically Adjusted PB Ratio is ranked better than
88.27% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs FRA:36A: 0.28

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.

Unifi's adjusted book value per share data for the three months ended in Mar. 2024 was €14.005. 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 €20.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unifi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Unifi'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.

Unifi Cyclically Adjusted PB Ratio Chart

Unifi Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.70 1.24 0.65 0.36

Unifi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.37 0.36 0.32 0.30 0.27

Competitive Comparison of Unifi's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Unifi'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.


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

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

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



Unifi 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.

Unifi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.85/20.96
=0.28

* 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.

Unifi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Unifi'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)
=14.005/131.7762*131.7762
=14.005

Current CPI (Mar. 2024) = 131.7762.

Unifi Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.454 100.560 15.010
201409 12.026 100.428 15.780
201412 12.770 99.070 16.986
201503 14.538 99.621 19.230
201506 14.720 100.684 19.266
201509 14.450 100.392 18.967
201512 15.268 99.792 20.161
201603 15.633 100.470 20.504
201606 16.208 101.688 21.004
201609 16.583 101.861 21.453
201612 17.823 101.863 23.057
201703 18.163 102.862 23.269
201706 17.615 103.349 22.460
201709 17.189 104.136 21.751
201712 17.846 104.011 22.610
201803 17.261 105.290 21.603
201806 18.180 106.317 22.534
201809 18.190 106.507 22.506
201812 18.836 105.998 23.417
201903 18.817 107.251 23.120
201906 18.831 108.070 22.962
201909 19.153 108.329 23.298
201912 19.234 108.420 23.377
202003 16.378 108.902 19.818
202006 15.220 108.767 18.440
202009 14.730 109.815 17.676
202012 14.895 109.897 17.860
202103 15.246 111.754 17.977
202106 16.089 114.631 18.495
202109 16.565 115.734 18.861
202112 17.280 117.630 19.358
202203 18.566 121.301 20.169
202206 19.018 125.017 20.046
202209 19.531 125.227 20.553
202212 17.514 125.222 18.431
202303 17.326 127.348 17.928
202306 16.519 128.729 16.910
202309 15.804 129.860 16.037
202312 14.719 129.419 14.987
202403 14.005 131.776 14.005

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.


Unifi  (FRA:36A) 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.


Unifi Cyclically Adjusted PB Ratio Related Terms

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


Unifi (FRA:36A) Business Description

Traded in Other Exchanges
Address
7201 West Friendly Avenue, Greensboro, NC, USA, 27410
Unifi Inc is a multi-national company. It manufactures and sells innovative synthetic and recycled products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers that produce fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns, with principal geographic markets in the Americas, Europe and Asia.

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