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Bed Bath & Beyond (Bed Bath & Beyond) Cyclically Adjusted Book per Share : $16.75 (As of Feb. 2023)


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What is Bed Bath & Beyond 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.

Bed Bath & Beyond's adjusted book value per share for the three months ended in Feb. 2023 was $-10.809. 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 $16.75 for the trailing ten years ended in Feb. 2023.

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.

As of today (2024-06-08), Bed Bath & Beyond's current stock price is $0.0789. Bed Bath & Beyond's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2023 was $16.75. Bed Bath & Beyond's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bed Bath & Beyond was 0.09. The lowest was 0.01. And the median was 0.01.


Bed Bath & Beyond Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond Cyclically Adjusted Book per Share Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.31 18.71 18.46 18.60 16.75

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 18.60 18.57 18.08 17.44 16.75

Competitive Comparison of Bed Bath & Beyond's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Bed Bath & Beyond's Cyclically Adjusted PB Ratio falls into.



Bed Bath & Beyond 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, Bed Bath & Beyond's adjusted Book Value per Share data for the three months ended in Feb. 2023 was:

Adj_Book= Book Value per Share /CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=-10.809/126.9276*126.9276
=-10.809

Current CPI (Feb. 2023) = 126.9276.

Bed Bath & Beyond Quarterly Data

Book Value per Share CPI Adj_Book
201305 18.392 98.282 23.753
201308 18.751 98.675 24.120
201311 19.396 98.334 25.036
201402 19.188 99.057 24.587
201405 19.283 100.373 24.385
201408 15.867 100.352 20.069
201411 17.184 99.635 21.891
201502 15.749 99.032 20.185
201505 15.049 100.333 19.038
201508 15.389 100.548 19.426
201511 15.684 100.135 19.881
201602 16.335 100.040 20.725
201605 16.374 101.355 20.505
201608 16.925 101.617 21.141
201611 17.397 101.829 21.685
201702 18.590 102.779 22.958
201705 18.466 103.256 22.699
201708 19.001 103.587 23.282
201711 19.302 104.072 23.541
201802 20.560 105.052 24.841
201805 20.725 106.148 24.782
201808 21.024 106.383 25.084
201811 21.119 106.338 25.208
201902 19.362 106.649 23.044
201905 16.138 108.048 18.958
201908 15.041 108.245 17.637
201911 14.557 108.519 17.026
202002 13.949 109.139 16.223
202005 11.568 108.175 13.573
202008 13.467 109.662 15.587
202011 11.549 109.793 13.351
202102 11.649 110.968 13.324
202105 10.590 113.576 11.835
202108 9.244 115.421 10.166
202111 5.747 117.269 6.220
202202 2.124 119.703 2.252
202205 -2.755 123.323 -2.836
202208 -7.188 124.958 -7.301
202211 -6.807 125.607 -6.879
202302 -10.809 126.928 -10.809

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


Bed Bath & Beyond  (OTCPK:BBBYQ) 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.

Bed Bath & Beyond's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0789/16.75
=0.00

* 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 Bed Bath & Beyond was 0.09. The lowest was 0.01. And the median was 0.01.


Be Aware

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


Bed Bath & Beyond Cyclically Adjusted Book per Share Related Terms

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


Bed Bath & Beyond (Bed Bath & Beyond) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.
Executives
Carol Flaton director 1001 LOUISIANA STREET, HOUSTON TX 77002
Scott Lindblom officer: EVP, Chief Tech & Digital OFC 650 LIBERTY AVENUE, UNION NJ 07083
Patty Wu officer: EVP, BRAND PRESIDENT 650 LIBERTY AVENUE, UNION NJ 07083
Hobart Sichel officer: EVP,CHF MARKET'G&CUSTOMER OFC 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Kastin officer: EVP, CHIEF LEGAL OFFICER C/O VITAMIN SHOPPE, INC., SECAUCUS NJ 07094
Gustavo Arnal officer: EVP, CFO C/O AVON PRODUCTS, INC., 1 AVON PLACE, SUFFERN NY 10901
Rc Ventures Llc 10 percent owner, other: See Footnote 1 PO BOX 25250, PMB 30427, MIAMI FL 33102
Ryan Cohen 10 percent owner, other: See Footnote 1 C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Laura Crossen officer: SVP, CHIEF ACCOUNTING OFFICER C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Mara Sirhal officer: EVP, CHIEF MERCHANDISING OFC C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Harriet Edelman director
Jeff Kirwan director TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Sue Gove director, officer: INTERIM CEO 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Mark J Tritton director, officer: PRESIDENT AND CEO TARGET CORPORATION, 1000 NICOLLET MALL, MINNEAPOLIS MN 55403