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Steven Madden (FRA:SJM) Cyclically Adjusted PB Ratio : 4.33 (As of Nov. 14, 2024)


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What is Steven Madden Cyclically Adjusted PB Ratio?

As of today (2024-11-14), Steven Madden's current share price is €41.80. Steven Madden's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €9.65. Steven Madden's Cyclically Adjusted PB Ratio for today is 4.33.

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

FRA:SJM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.58   Med: 4.75   Max: 7.08
Current: 4.09

During the past years, Steven Madden's highest Cyclically Adjusted PB Ratio was 7.08. The lowest was 2.58. And the median was 4.75.

FRA:SJM's Cyclically Adjusted PB Ratio is ranked worse than
85.53% of 622 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.16 vs FRA:SJM: 4.09

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.

Steven Madden's adjusted book value per share data for the three months ended in Sep. 2024 was €10.347. 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 €9.65 for the trailing ten years ended in Sep. 2024.

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
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.02 3.99 3.92 3.88 4.46

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
=41.80/9.65
=4.33

* 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 Sep. 2024 is calculated as:

For example, Steven Madden's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.347/133.0289*133.0289
=10.347

Current CPI (Sep. 2024) = 133.0289.

Steven Madden Quarterly Data

Book Value per Share CPI Adj_Book
201412 5.687 99.070 7.636
201503 6.397 99.621 8.542
201506 6.323 100.684 8.354
201509 6.503 100.392 8.617
201512 6.730 99.792 8.971
201603 6.793 100.470 8.994
201606 6.783 101.688 8.874
201609 7.088 101.861 9.257
201612 7.751 101.863 10.123
201703 7.692 102.862 9.948
201706 7.506 103.349 9.662
201709 7.548 104.136 9.642
201712 7.705 104.011 9.855
201803 7.430 105.290 9.387
201806 8.037 106.317 10.056
201809 5.620 106.507 7.019
201812 8.264 105.998 10.371
201903 8.462 107.251 10.496
201906 8.538 108.070 10.510
201909 9.062 108.329 11.128
201912 8.928 108.420 10.954
202003 8.295 108.902 10.133
202006 8.075 108.767 9.876
202009 7.731 109.815 9.365
202012 7.727 109.897 9.353
202103 8.000 111.754 9.523
202106 7.823 114.631 9.079
202109 8.342 115.734 9.589
202112 8.922 117.630 10.090
202203 9.495 121.301 10.413
202206 9.980 125.017 10.620
202209 10.920 125.227 11.600
202212 10.222 125.222 10.859
202303 10.089 127.348 10.539
202306 10.106 128.729 10.444
202309 10.512 129.860 10.769
202312 10.325 129.419 10.613
202403 10.354 131.776 10.452
202406 10.342 132.554 10.379
202409 10.347 133.029 10.347

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  (FRA:SJM) 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 Business Description

Traded in Other Exchanges
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. The company's revenue comes from its operating segments: Wholesale Footwear, Wholesale Accessories or Apparel, Direct-to-Consumer, and Licensing. The wholesale footwear segment accounts for the majority of revenue.