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G-III Apparel Group (FRA:GI4) Cyclically Adjusted Book per Share : €27.88 (As of Apr. 2024)


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What is G-III Apparel Group 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.

G-III Apparel Group's adjusted book value per share for the three months ended in Apr. 2024 was €31.502. 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 €27.88 for the trailing ten years ended in Apr. 2024.

During the past 12 months, G-III Apparel Group's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of G-III Apparel Group was 19.30% per year. The lowest was 3.60% per year. And the median was 13.50% per year.

As of today (2024-06-09), G-III Apparel Group's current stock price is €24.80. G-III Apparel Group's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €27.88. G-III Apparel Group's Cyclically Adjusted PB Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of G-III Apparel Group was 8.85. The lowest was 0.33. And the median was 2.14.


G-III Apparel Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for G-III Apparel Group'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.

G-III Apparel Group Cyclically Adjusted Book per Share Chart

G-III Apparel Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.44 16.01 19.61 23.11 27.67

G-III Apparel Group Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 24.26 24.94 25.62 27.67 27.88

Competitive Comparison of G-III Apparel Group's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, G-III Apparel Group'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.


G-III Apparel Group's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where G-III Apparel Group's Cyclically Adjusted PB Ratio falls into.



G-III Apparel Group 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, G-III Apparel Group'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)
=31.502/131.7762*131.7762
=31.502

Current CPI (Apr. 2024) = 131.7762.

G-III Apparel Group Quarterly Data

Book Value per Share CPI Adj_Book
201407 11.054 100.520 14.491
201410 13.136 100.176 17.280
201501 14.579 98.604 19.484
201504 15.636 99.824 20.641
201507 15.783 100.691 20.656
201510 17.316 100.346 22.740
201601 17.959 99.957 23.676
201604 17.434 100.947 22.758
201607 17.803 101.524 23.108
201610 19.132 101.988 24.720
201701 19.736 102.456 25.384
201704 19.481 103.167 24.883
201707 18.174 103.278 23.189
201710 19.193 104.070 24.303
201801 18.711 104.578 23.577
201804 17.956 105.708 22.384
201807 18.924 106.324 23.454
201810 20.817 106.695 25.711
201901 21.384 106.200 26.534
201904 21.591 107.818 26.389
201907 21.818 108.250 26.560
201910 23.823 108.577 28.913
202001 24.222 108.841 29.326
202004 24.547 108.173 29.903
202007 22.268 109.318 26.843
202010 23.030 109.861 27.624
202101 22.677 110.364 27.077
202104 23.465 112.673 27.443
202107 24.049 115.183 27.514
202110 26.378 116.696 29.787
202201 28.041 118.619 31.151
202204 29.945 121.978 32.350
202207 32.789 125.002 34.566
202210 34.673 125.734 36.339
202301 27.522 126.223 28.733
202304 27.613 127.992 28.429
202307 27.327 128.974 27.921
202310 31.132 129.810 31.604
202401 31.122 130.124 31.517
202404 31.502 131.776 31.502

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


G-III Apparel Group  (FRA:GI4) 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.

G-III Apparel Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.80/27.88
=0.89

* 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 G-III Apparel Group was 8.85. The lowest was 0.33. And the median was 2.14.


Be Aware

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


G-III Apparel Group Cyclically Adjusted Book per Share Related Terms

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G-III Apparel Group (FRA:GI4) Business Description

Traded in Other Exchanges
Address
512 Seventh Avenue, New York, NY, USA, 10018
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group (FRA:GI4) Headlines

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