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Fossil Group (WBO:FOSL) Cyclically Adjusted PB Ratio : 0.09 (As of May. 26, 2024)


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What is Fossil Group Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Fossil Group's current share price is €1.2305. Fossil Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.04. Fossil Group's Cyclically Adjusted PB Ratio for today is 0.09.

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

WBO:FOSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.77   Max: 9.56
Current: 0.09

During the past years, Fossil Group's highest Cyclically Adjusted PB Ratio was 9.56. The lowest was 0.05. And the median was 0.77.

WBO:FOSL's Cyclically Adjusted PB Ratio is ranked better than
96.19% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs WBO:FOSL: 0.09

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.

Fossil Group's adjusted book value per share data for the three months ended in Mar. 2024 was €4.015. 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 €14.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fossil Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fossil Group'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.

Fossil Group Cyclically Adjusted PB Ratio Chart

Fossil Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.51 0.60 0.26 0.10

Fossil Group 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 0.20 0.16 0.13 0.10 0.07

Competitive Comparison of Fossil Group's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Fossil Group'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.


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

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

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



Fossil Group 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.

Fossil Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.2305/14.04
=0.09

* 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.

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

For example, Fossil Group'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)
=4.015/131.7762*131.7762
=4.015

Current CPI (Mar. 2024) = 131.7762.

Fossil Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.963 100.560 18.298
201409 14.241 100.428 18.686
201412 15.620 99.070 20.777
201503 16.248 99.621 21.492
201506 15.368 100.684 20.114
201509 16.106 100.392 21.141
201512 17.576 99.792 23.209
201603 17.466 100.470 22.908
201606 17.480 101.688 22.652
201609 18.006 101.861 23.294
201612 19.762 101.863 25.565
201703 18.752 102.862 24.023
201706 11.797 103.349 15.042
201709 11.088 104.136 14.031
201712 10.008 104.011 12.680
201803 8.648 105.290 10.823
201806 8.934 106.317 11.073
201809 9.140 106.507 11.309
201812 10.394 105.998 12.922
201903 9.702 107.251 11.921
201906 9.457 108.070 11.532
201909 9.161 108.329 11.144
201912 8.962 108.420 10.893
202003 7.433 108.902 8.994
202006 6.857 108.767 8.308
202009 6.997 109.815 8.396
202012 7.012 109.897 8.408
202103 6.648 111.754 7.839
202106 6.494 114.631 7.465
202109 7.188 115.734 8.184
202112 7.862 117.630 8.808
202203 7.582 121.301 8.237
202206 7.254 125.017 7.646
202209 7.660 125.227 8.061
202212 7.393 125.222 7.780
202303 6.650 127.348 6.881
202306 5.975 128.729 6.116
202309 5.020 129.860 5.094
202312 4.442 129.419 4.523
202403 4.015 131.776 4.015

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.


Fossil Group  (WBO:FOSL) 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.


Fossil Group Cyclically Adjusted PB Ratio Related Terms

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


Fossil Group (WBO:FOSL) Business Description

Traded in Other Exchanges
Address
901 S. Central Expressway, Richardson, TX, USA, 75080
Fossil Group Inc is a design, innovation and distribution company in consumer fashion accessories. The products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. The reportable segments are comprised of 1) Americas segment includes sales in Canada, Latin America and the United States. 2) Europe segment includes sales in European countries, the Middle East and Africa. 3) Asia segment includes sales in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. Each reportable operating segment includes sales to wholesale and distributor customers, and sales through Company-owned retail stores and e-commerce activities based on the location of the selling entity.