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LPP (STU:1RY) Cyclically Adjusted PB Ratio : 9.14 (As of Jun. 11, 2024)


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What is LPP Cyclically Adjusted PB Ratio?

As of today (2024-06-11), LPP's current share price is €4006.00. LPP's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €438.07. LPP's Cyclically Adjusted PB Ratio for today is 9.14.

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

STU:1RY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.86   Med: 8.22   Max: 14.35
Current: 9.09

During the past years, LPP's highest Cyclically Adjusted PB Ratio was 14.35. The lowest was 4.86. And the median was 8.22.

STU:1RY's Cyclically Adjusted PB Ratio is ranked worse than
94.03% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs STU:1RY: 9.09

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.

LPP's adjusted book value per share data for the three months ended in Jan. 2024 was €585.378. 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 €438.07 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LPP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LPP'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.

LPP Cyclically Adjusted PB Ratio Chart

LPP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 8.60 6.84 11.68 5.86

LPP Quarterly Data
Mar19 Jun19 Sep19 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 5.86 6.63 7.53 7.29 8.12

Competitive Comparison of LPP's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, LPP'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.


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

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

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



LPP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4006.00/438.07
=9.14

* 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.

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

For example, LPP'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)
=585.378/148.3109*148.3109
=585.378

Current CPI (Jan. 2024) = 148.3109.

LPP Quarterly Data

Book Value per Share CPI Adj_Book
201403 188.508 101.262 276.094
201406 186.841 101.180 273.873
201409 194.758 100.611 287.095
201412 207.892 100.122 307.950
201503 208.167 100.041 308.609
201506 219.357 100.448 323.880
201509 221.176 99.634 329.234
201512 240.255 99.471 358.220
201603 235.342 98.983 352.626
201606 247.909 99.552 369.330
201609 242.118 99.064 362.481
201612 270.185 100.366 399.251
201703 255.213 101.018 374.696
201706 261.149 101.180 382.794
201709 274.455 101.343 401.652
201712 307.043 102.564 443.994
201803 294.096 102.564 425.272
201806 314.704 103.378 451.489
201809 321.080 103.378 460.636
201812 359.433 103.785 513.637
201903 349.904 104.274 497.678
201906 361.533 105.983 505.924
201909 369.135 105.983 516.562
202001 407.861 108.099 559.580
202004 361.320 108.995 491.654
202007 346.367 109.158 470.604
202010 376.018 109.402 509.750
202101 381.622 110.948 510.136
202104 385.943 113.553 504.077
202107 346.406 114.449 448.899
202110 432.485 116.891 548.738
202201 482.627 121.368 589.769
202204 450.848 127.554 524.215
202207 422.307 132.357 473.212
202210 469.477 137.973 504.653
202301 495.261 142.613 515.049
202304 506.060 147.009 510.543
202307 456.336 146.683 461.400
202310 529.420 146.520 535.891
202401 585.378 148.311 585.378

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.


LPP  (STU:1RY) 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.


LPP Cyclically Adjusted PB Ratio Related Terms

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


LPP (STU:1RY) Business Description

Traded in Other Exchanges
Address
ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.

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