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Fossil Group (Fossil Group) Cyclically Adjusted Book per Share : $15.05 (As of Dec. 2023)


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What is Fossil Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Dec. 2023 was $4.844. 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 $15.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fossil Group's average Cyclically Adjusted Book Growth Rate was -8.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fossil Group was 25.40% per year. The lowest was -4.10% per year. And the median was 11.40% per year.

As of today (2024-04-27), Fossil Group's current stock price is $0.791. Fossil Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.05. Fossil Group's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fossil Group was 9.56. The lowest was 0.05. And the median was 0.77.


Fossil Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fossil Group's Cyclically Adjusted Book per Share 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 Book per Share Chart

Fossil Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.88 17.08 17.06 16.49 15.05

Fossil Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 16.49 16.27 15.96 15.63 15.05

Competitive Comparison of Fossil Group's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Fossil Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.844/129.4194*129.4194
=4.844

Current CPI (Dec. 2023) = 129.4194.

Fossil Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 18.974 99.695 24.631
201406 18.972 100.560 24.417
201409 18.352 100.428 23.650
201412 19.260 99.070 25.160
201503 17.585 99.621 22.845
201506 17.248 100.684 22.171
201509 18.077 100.392 23.304
201512 19.146 99.792 24.830
201603 19.450 100.470 25.054
201606 19.641 101.688 24.997
201609 20.209 101.861 25.677
201612 20.846 101.863 26.485
201703 20.056 102.862 25.234
201706 13.255 103.349 16.599
201709 13.216 104.136 16.425
201712 11.844 104.011 14.737
201803 10.664 105.290 13.108
201806 10.437 106.317 12.705
201809 10.665 106.507 12.959
201812 11.825 105.998 14.438
201903 10.963 107.251 13.229
201906 10.686 108.070 12.797
201909 10.090 108.329 12.054
201912 9.958 108.420 11.887
202003 8.213 108.902 9.760
202006 7.721 108.767 9.187
202009 8.242 109.815 9.713
202012 8.530 109.897 10.045
202103 7.914 111.754 9.165
202106 7.824 114.631 8.833
202109 8.456 115.734 9.456
202112 8.883 117.630 9.773
202203 8.350 121.301 8.909
202206 7.668 125.017 7.938
202209 7.584 125.227 7.838
202212 7.831 125.222 8.094
202303 7.120 127.348 7.236
202306 6.473 128.729 6.508
202309 5.357 129.860 5.339
202312 4.844 129.419 4.844

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Fossil Group  (NAS:FOSL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.791/15.05
=0.05

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fossil Group was 9.56. The lowest was 0.05. And the median was 0.77.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Fossil Group Cyclically Adjusted Book per Share Related Terms

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


Fossil Group (Fossil Group) 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.
Executives
Suzanne M Coulter director 6301 FITCH PATH, NEW ALBANY OH 43054
Kosta N Kartsotis director, 10 percent owner, officer: Pres. & CEO 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080
Diane L Neal director
Melissa B Lowenkron officer: SVP, General Manager, Fossil 901 S CENTRAL EXPY, RICHARDSON TX 75080
Holly Briedis officer: EVP, Chief Digital Officer 901 S CENTRAL EXPY, RICHARDSON TX 75080
Gregory A Mckelvey officer: Executive Vice President 2515 MCKINNEY AVE., SUITE 1200, DALLAS TX 75201
Darren E. Hart officer: Executive Vice President 2280 N. GREENVILLE AVENUE, RICHARDSON TX 75082
Steve Andrew Evans officer: Executive Vice President 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080
Gail B Tifford director 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75134
Marc Rey director 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080
Sunil M Doshi officer: SVP, Chief Accounting Officer 5760 STATE HIGHWAY 121, SUITE 250, PLANO TX 75024
Martin Frey officer: EVP 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080
William B Chiasson director C/O LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET, SUITE 150, EMERYVILLE CA 94608
Kim Harris Jones director THREE LAKES DRIVE, NORTHFIELD IL 60093
Kevin Mansell director C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051