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Prada SpA (Prada SpA) Cyclically Adjusted PB Ratio : 5.40 (As of Jun. 02, 2024)


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What is Prada SpA Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Prada SpA's current share price is $17.05. Prada SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $3.16. Prada SpA's Cyclically Adjusted PB Ratio for today is 5.40.

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

PRDSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.39   Med: 4.62   Max: 5.36
Current: 5.29

During the past 13 years, Prada SpA's highest Cyclically Adjusted PB Ratio was 5.36. The lowest was 3.39. And the median was 4.62.

PRDSY's Cyclically Adjusted PB Ratio is ranked worse than
87.55% of 747 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs PRDSY: 5.29

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.

Prada SpA's adjusted book value per share data of for the fiscal year that ended in Dec23 was $3.285. 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 $3.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prada SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prada SpA'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.

Prada SpA Cyclically Adjusted PB Ratio Chart

Prada SpA Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 3.53 4.76 3.69 3.67

Prada SpA Quarterly Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 3.69 - - 3.67

Competitive Comparison of Prada SpA's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Prada SpA'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.


Prada SpA's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Prada SpA 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.

Prada SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.05/3.16
=5.40

* 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.

Prada SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Prada SpA's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.285/119.7000*119.7000
=3.285

Current CPI (Dec23) = 119.7000.

Prada SpA Annual Data

Book Value per Share CPI Adj_Book
201401 2.862 99.907 3.429
201501 2.724 99.349 3.282
201601 2.614 99.600 3.142
201701 2.561 100.600 3.047
201812 2.559 102.300 2.994
201912 2.577 102.800 3.001
202012 2.693 102.600 3.142
202112 2.750 106.600 3.088
202212 2.883 119.000 2.900
202312 3.285 119.700 3.285

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.


Prada SpA  (OTCPK:PRDSY) 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.


Prada SpA Cyclically Adjusted PB Ratio Related Terms

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


Prada SpA (Prada SpA) Business Description

Traded in Other Exchanges
Address
Via Antonio Fogazzaro, 28, Milan, ITA, 20135
Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates more than EUR 4.2 billion in sales, with almost 90% from the Prada brand. Leather goods make up 50% of retail sales, ready-to-wear 29%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 33% of retail sales, followed by Europe at 32%, 21% in the Americas, and 10% in Japan.

Prada SpA (Prada SpA) Headlines

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