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Williams-Sonoma (FRA:WM1) Cyclically Adjusted Book per Share : €19.26 (As of Apr. 2024)


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What is Williams-Sonoma 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.

Williams-Sonoma's adjusted book value per share for the three months ended in Apr. 2024 was €32.008. 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 €19.26 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Williams-Sonoma's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Williams-Sonoma was 23.50% per year. The lowest was 3.00% per year. And the median was 10.50% per year.

As of today (2024-06-10), Williams-Sonoma's current stock price is €271.30. Williams-Sonoma's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €19.26. Williams-Sonoma's Cyclically Adjusted PB Ratio of today is 14.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Williams-Sonoma was 16.06. The lowest was 2.56. And the median was 5.40.


Williams-Sonoma Cyclically Adjusted Book per Share Historical Data

The historical data trend for Williams-Sonoma'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.

Williams-Sonoma Cyclically Adjusted Book per Share Chart

Williams-Sonoma 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 13.26 12.43 14.26 15.57 18.60

Williams-Sonoma 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 16.86 17.25 17.76 18.60 19.26

Competitive Comparison of Williams-Sonoma's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Williams-Sonoma'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.


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

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

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



Williams-Sonoma 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, Williams-Sonoma'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)
=32.008/131.7762*131.7762
=32.008

Current CPI (Apr. 2024) = 131.7762.

Williams-Sonoma Quarterly Data

Book Value per Share CPI Adj_Book
201407 9.322 100.520 12.221
201410 9.723 100.176 12.790
201501 11.475 98.604 15.335
201504 11.964 99.824 15.794
201507 11.419 100.691 14.944
201510 11.052 100.346 14.514
201601 12.322 99.957 16.244
201604 11.469 100.947 14.972
201607 11.780 101.524 15.290
201610 11.965 101.988 15.460
201701 13.436 102.456 17.281
201704 12.997 103.167 16.601
201707 12.016 103.278 15.332
201710 11.808 104.070 14.952
201801 11.788 104.578 14.854
201804 11.725 105.708 14.616
201807 11.425 106.324 14.160
201810 11.833 106.695 14.615
201901 12.846 106.200 15.940
201904 12.671 107.818 15.487
201907 12.796 108.250 15.577
201910 13.184 108.577 16.001
202001 14.438 108.841 17.480
202004 14.423 108.173 17.570
202007 14.908 109.318 17.971
202010 15.538 109.861 18.638
202101 17.758 110.364 21.203
202104 16.083 112.673 18.810
202107 17.355 115.183 19.855
202110 18.143 116.696 20.488
202201 20.438 118.619 22.705
202204 17.522 121.978 18.929
202207 18.739 125.002 19.755
202210 21.548 125.734 22.583
202301 23.836 126.223 24.885
202304 20.830 127.992 21.446
202307 22.844 128.974 23.340
202310 26.774 129.810 27.180
202401 30.450 130.124 30.837
202404 32.008 131.776 32.008

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


Williams-Sonoma  (FRA:WM1) 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.

Williams-Sonoma's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=271.30/19.26
=14.09

* 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 Williams-Sonoma was 16.06. The lowest was 2.56. And the median was 5.40.


Be Aware

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


Williams-Sonoma Cyclically Adjusted Book per Share Related Terms

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


Williams-Sonoma (FRA:WM1) Business Description

Traded in Other Exchanges
Address
3250 Van Ness Avenue, San Francisco, CA, USA, 94109
With a retail and direct-to-consumer presence, Williams-Sonoma is a player in the $300 billion domestic home category, focused on expanding its exposure in the B2B, marketplace, and franchise areas. Namesake Williams-Sonoma (163 stores) offers high-end cooking essentials, while Pottery Barn (191) provides casual home accessories. Brand extensions include Pottery Barn Kids (46) and PBteen. West Elm (123) is an emerging concept for young professionals, and Rejuvenation (10) offers lighting and house parts. Williams-Sonoma also has a business-to-business team that supports projects that range from residential to large-scale commercial.

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