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Kirkland's (Kirkland's) Cyclically Adjusted PB Ratio : 0.25 (As of Jun. 11, 2024)


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What is Kirkland's Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Kirkland's's current share price is $1.90. Kirkland's's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $7.48. Kirkland's's Cyclically Adjusted PB Ratio for today is 0.25.

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

KIRK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.81   Max: 5.73
Current: 0.25

During the past years, Kirkland's's highest Cyclically Adjusted PB Ratio was 5.73. The lowest was 0.09. And the median was 1.81.

KIRK's Cyclically Adjusted PB Ratio is ranked better than
89.18% of 767 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs KIRK: 0.25

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.

Kirkland's's adjusted book value per share data for the three months ended in Apr. 2024 was $-0.419. 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 $7.48 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirkland's Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kirkland's'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.

Kirkland's Cyclically Adjusted PB Ratio Chart

Kirkland's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 3.25 2.04 0.44 0.43

Kirkland's Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.37 0.39 0.20 0.43 0.26

Competitive Comparison of Kirkland's's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, Kirkland's'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.


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

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

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



Kirkland's 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.

Kirkland's's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.90/7.48
=0.25

* 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.

Kirkland's's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-0.419/131.7762*131.7762
=-0.419

Current CPI (Apr. 2024) = 131.7762.

Kirkland's Quarterly Data

Book Value per Share CPI Adj_Book
201407 7.875 100.520 10.324
201410 7.904 100.176 10.397
201501 8.820 98.604 11.787
201504 8.837 99.824 11.666
201507 7.187 100.691 9.406
201510 7.074 100.346 9.290
201601 7.588 99.957 10.003
201604 7.705 100.947 10.058
201607 7.460 101.524 9.683
201610 7.456 101.988 9.634
201701 8.412 102.456 10.819
201704 8.373 103.167 10.695
201707 8.105 103.278 10.341
201710 7.989 104.070 10.116
201801 8.810 104.578 11.101
201804 8.756 105.708 10.915
201807 8.262 106.324 10.240
201810 8.049 106.695 9.941
201901 9.018 106.200 11.190
201904 8.423 107.818 10.295
201907 7.335 108.250 8.929
201910 5.798 108.577 7.037
202001 5.514 108.841 6.676
202004 4.984 108.173 6.071
202007 4.270 109.318 5.147
202010 5.150 109.861 6.177
202101 6.642 110.364 7.931
202104 6.677 112.673 7.809
202107 6.128 115.183 7.011
202110 5.825 116.696 6.578
202201 6.423 118.619 7.135
202204 5.123 121.978 5.535
202207 3.145 125.002 3.315
202210 2.592 125.734 2.717
202301 2.334 126.223 2.437
202304 1.411 127.992 1.453
202307 -0.090 128.974 -0.092
202310 -0.564 129.810 -0.573
202401 0.242 130.124 0.245
202404 -0.419 131.776 -0.419

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.


Kirkland's  (NAS:KIRK) 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.


Kirkland's Cyclically Adjusted PB Ratio Related Terms

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


Kirkland's (Kirkland's) Business Description

Traded in Other Exchanges
N/A
Address
5310 Maryland Way, Brentwood, TN, USA, 37027
Kirkland's Inc is a specialty retailer of home decor and gifts in the United States. Its stores provide various merchandise, including holiday decor, framed arts, furniture, ornamental wall decor, fragrance and accessories, mirrors, lamps, decorative accessories, textiles, housewares, gifts, artificial floral products, frames, clocks, and outdoor living items. Its stores also offer an assortment of holiday merchandise in seasonal periods, as well as items that are suitable for gift-giving.
Executives
W Michael Madden director, officer: President and CEO C/O KIRKLAND'S INC, 431 SMITH LANE, JACKSON TN 38301
Amy Ervin Sullivan officer: SVP, CMO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Ann E Joyce director C/O AEROPOSTALE INC, 1372 BRAODWAY 8TH FLOOR, NEW YORK NY 10018
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Diamond, Lp 10 percent owner C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Jill A. Soltau director 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Nicole Allyson Strain officer: Interim CFO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Charles Iii Pleas director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Michael A. Holland officer: Sr. VP and CTO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Miles Kirkland director C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214
Orr Wilson R Iii director C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214