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Boot Barn Holdings (Boot Barn Holdings) Cyclically Adjusted Book per Share : $14.20 (As of Mar. 2024)


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What is Boot Barn Holdings 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.

Boot Barn Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $31.098. 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 $14.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Boot Barn Holdings's average Cyclically Adjusted Book Growth Rate was 19.70% 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.

As of today (2024-05-21), Boot Barn Holdings's current stock price is $113.55. Boot Barn Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.20. Boot Barn Holdings's Cyclically Adjusted PB Ratio of today is 8.00.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Boot Barn Holdings was 8.10. The lowest was 5.37. And the median was 6.59.


Boot Barn Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Boot Barn Holdings'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.

Boot Barn Holdings Cyclically Adjusted Book per Share Chart

Boot Barn Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.86 14.20

Boot Barn Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.86 12.39 12.90 13.29 14.20

Competitive Comparison of Boot Barn Holdings's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Boot Barn Holdings'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.


Boot Barn Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Boot Barn Holdings 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, Boot Barn Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.098/131.7762*131.7762
=31.098

Current CPI (Mar. 2024) = 131.7762.

Boot Barn Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.810 100.560 2.372
201409 1.867 100.428 2.450
201412 5.371 99.070 7.144
201503 5.515 99.621 7.295
201506 5.697 100.684 7.456
201509 5.652 100.392 7.419
201512 6.065 99.792 8.009
201603 6.129 100.470 8.039
201606 6.175 101.688 8.002
201609 6.222 101.861 8.049
201612 6.649 101.863 8.602
201703 6.773 102.862 8.677
201706 6.813 103.349 8.687
201709 6.874 104.136 8.699
201712 7.646 104.011 9.687
201803 7.861 105.290 9.839
201806 8.098 106.317 10.037
201809 8.294 106.507 10.262
201812 8.993 105.998 11.180
201903 9.319 107.251 11.450
201906 9.682 108.070 11.806
201909 9.982 108.329 12.143
201912 10.914 108.420 13.265
202003 11.166 108.902 13.511
202006 11.178 108.767 13.543
202009 11.433 109.815 13.719
202012 12.525 109.897 15.019
202103 13.500 111.754 15.919
202106 14.896 114.631 17.124
202109 16.258 115.734 18.512
202112 18.648 117.630 20.891
202203 20.201 121.301 21.945
202206 21.456 125.017 22.616
202209 22.607 125.227 23.789
202212 24.458 125.222 25.738
202303 25.986 127.348 26.890
202306 27.263 128.729 27.908
202309 28.147 129.860 28.562
202312 30.063 129.419 30.610
202403 31.098 131.776 31.098

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


Boot Barn Holdings  (NYSE:BOOT) 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.

Boot Barn Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=113.55/14.2
=8.00

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Boot Barn Holdings was 8.10. The lowest was 5.37. And the median was 6.59.


Be Aware

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


Boot Barn Holdings Cyclically Adjusted Book per Share Related Terms

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


Boot Barn Holdings (Boot Barn Holdings) Business Description

Traded in Other Exchanges
Address
15345 Barranca Parkway, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites.
Executives
James M Watkins officer: CFO and Secretary 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
James Grant Conroy director, officer: President and CEO 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Michael A Love officer: Senior Vice President Stores 4 CENTAURUS WAY, COTO DE CAZA CA 92679
Laurie Marie Grijalva officer: Chief Merchandising Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
John Hazen officer: Chief Digital Officer 14852 VANGUARD, HUNTINGTON BEACH CA 92647
Gregory V. Hackman officer: Chief Financial Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Peter Starrett director
Chris Bruzzo director 411 FIRST AVE., SOUTH, SUITE 700, SEATTLE WA 98104
Anne Macdonald director 200 CARILLON PARKWAY, ST PETERSBURG FL 33716
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Gene Eddie Burt director 19601 N 27TH AVE, PHOENIX AZ 85027
Bradley Morgan Weston director 7644 PEPITA WAY, LA JOLLA CA 92037
Lisa Laube director 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Fs Equity Partners Vi, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025