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Staples (Staples) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Staples Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Staples Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Staples'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.

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Staples Cyclically Adjusted PB Ratio Chart

Staples Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Cyclically Adjusted PB Ratio
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Staples Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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Competitive Comparison of Staples's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Staples'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.


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

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

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



Staples 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.

Staples's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2017 is calculated as:

For example, Staples's adjusted Book Value per Share data for the three months ended in Jul. 2017 was:

Adj_Book=Book Value per Share/CPI of Jul. 2017 (Change)*Current CPI (Jul. 2017)
=5.158/103.2778*103.2778
=5.158

Current CPI (Jul. 2017) = 103.2778.

Staples Quarterly Data

Book Value per Share CPI Adj_Book
200710 7.654 88.152 8.967
200801 8.115 89.057 9.411
200804 8.140 90.636 9.275
200807 8.343 92.805 9.284
200810 7.519 91.375 8.498
200901 7.784 89.084 9.024
200904 8.053 89.968 9.244
200907 8.431 90.859 9.583
200910 9.076 91.207 10.277
201001 9.294 91.423 10.499
201004 9.294 91.980 10.436
201007 8.823 91.981 9.907
201010 9.364 92.277 10.480
201101 9.632 92.914 10.706
201104 10.177 94.890 11.077
201107 10.015 95.319 10.851
201110 10.244 95.529 11.075
201201 10.083 95.632 10.889
201204 10.270 97.075 10.926
201207 9.937 96.661 10.617
201210 9.154 97.595 9.687
201301 9.158 97.158 9.735
201304 9.154 98.107 9.636
201307 9.121 98.557 9.558
201310 9.258 98.536 9.704
201401 9.393 98.692 9.829
201404 9.525 100.023 9.835
201407 9.406 100.520 9.664
201410 9.411 100.176 9.702
201501 8.285 98.604 8.678
201504 8.316 99.824 8.604
201507 8.104 100.691 8.312
201510 8.295 100.346 8.537
201601 8.326 99.957 8.603
201604 8.481 100.947 8.677
201607 7.017 101.524 7.138
201610 7.143 101.988 7.233
201701 5.652 102.456 5.697
201704 5.144 103.167 5.150
201707 5.158 103.278 5.158

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.


Staples  (NAS:SPLS) 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.


Staples Cyclically Adjusted PB Ratio Related Terms

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


Staples (Staples) Business Description

Traded in Other Exchanges
N/A
Address
Staples is an American retailer with online and delivery capabilities. Staples offers products in categories: technology, facilities and breakroom, furniture, safety, medical, copy and print, and Staples EasyTech services. Staples operates throughout North and South America, Europe, Asia, Australia, and New Zealand. The company divides its business into three segments: North American stores and online, North American commercial, and international operations. The product offering includes Staples, Quill, and other proprietary branded products. Staples' product price points are generally low.
Executives
Shira Goodman director, officer: CEO C/O CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
John F Lundgren director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Deborah A Henretta director ONE RIVERFRONT PLAZA, CORNING NY 14831
Robert E Sulentic director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Kunal Kamlani director 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Christine T Komola officer: Chief Financial Officer 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Drew G Faust director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Curtis F Feeny director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Joseph Doody officer: Vice Chairman CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Carol Meyrowitz director TJX COMPANIES INC, 770 COCHITUATE RD, FRAMINGHAM MA 01701
Ronald Sargent director, officer: Chairman and CEO 1014 VINE STREET, CINCINNATI OH 45202
Demos Parneros officer: President, NA Stores & Online 483 BAY ST, 7TH FL NORTH TOWER, TORONTOON A1 999999999
Rowland Moriarty director 200 CLARENDON ST T33, BOSTON MA 02116
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Basil Anderson director

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