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Steven Madden (Steven Madden) Cyclically Adjusted PB Ratio : 3.84 (As of Apr. 27, 2024)


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What is Steven Madden Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Steven Madden's current share price is $40.48. Steven Madden's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.54. Steven Madden's Cyclically Adjusted PB Ratio for today is 3.84.

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

SHOO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.58   Med: 4.9   Max: 7.91
Current: 3.84

During the past years, Steven Madden's highest Cyclically Adjusted PB Ratio was 7.91. The lowest was 2.58. And the median was 4.90.

SHOO's Cyclically Adjusted PB Ratio is ranked worse than
86.63% of 643 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs SHOO: 3.84

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.

Steven Madden's adjusted book value per share data for the three months ended in Dec. 2023 was $11.259. 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 $10.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steven Madden Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Steven Madden'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.

Steven Madden Cyclically Adjusted PB Ratio Chart

Steven Madden 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 5.83 4.42 5.16 3.21 3.99

Steven Madden Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3.21 3.54 3.16 3.02 3.99

Competitive Comparison of Steven Madden's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Steven Madden'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.


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

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

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



Steven Madden 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.

Steven Madden's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.48/10.54
=3.84

* 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.

Steven Madden's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Steven Madden'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)
=11.259/129.4194*129.4194
=11.259

Current CPI (Dec. 2023) = 129.4194.

Steven Madden Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.777 99.695 8.798
201406 6.940 100.560 8.932
201409 7.063 100.428 9.102
201412 7.012 99.070 9.160
201503 6.923 99.621 8.994
201506 7.097 100.684 9.123
201509 7.298 100.392 9.408
201512 7.331 99.792 9.507
201603 7.565 100.470 9.745
201606 7.622 101.688 9.701
201609 7.955 101.861 10.107
201612 8.176 101.863 10.388
201703 8.227 102.862 10.351
201706 8.434 103.349 10.562
201709 8.996 104.136 11.180
201712 9.118 104.011 11.345
201803 9.161 105.290 11.260
201806 9.389 106.317 11.429
201809 6.558 106.507 7.969
201812 9.401 105.998 11.478
201903 9.561 107.251 11.537
201906 9.648 108.070 11.554
201909 9.980 108.329 11.923
201912 9.920 108.420 11.841
202003 9.166 108.902 10.893
202006 9.094 108.767 10.821
202009 9.107 109.815 10.733
202012 9.400 109.897 11.070
202103 9.524 111.754 11.029
202106 9.425 114.631 10.641
202109 9.814 115.734 10.974
202112 10.081 117.630 11.091
202203 10.457 121.301 11.157
202206 10.550 125.017 10.922
202209 10.812 125.227 11.174
202212 10.828 125.222 11.191
202303 10.802 127.348 10.978
202306 10.949 128.729 11.008
202309 11.219 129.860 11.181
202312 11.259 129.419 11.259

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.


Steven Madden  (NAS:SHOO) 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.


Steven Madden Cyclically Adjusted PB Ratio Related Terms

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


Steven Madden (Steven Madden) Business Description

Traded in Other Exchanges
N/A
Address
52-16 Barnett Avenue, Long Island City, NY, USA, 11104
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company's revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue.
Executives
Karla Frieders officer: Chief Merchandising Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Peter Migliorini director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Robert Garrett Smith director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Edward R. Rosenfeld director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Peter Allan Davis director C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Arian Simone Reed director C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Amelia Varela officer: EVP of Wholesale Sales C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Awadhesh K Sinha officer: Chief Operating Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Zine Mazouzi officer: Chief Financial Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Maria Teresa Kumar director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Thomas H Schwartz director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Lisa Keith officer: VP and General Counsel 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Arvind Dharia director, officer: Chief Financial Officer C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Al Ferrara director 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104

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