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Foot Locker (STU:WOO) Cyclically Adjusted Book per Share : €27.95 (As of Apr. 2024)


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What is Foot Locker 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.

Foot Locker's adjusted book value per share for the three months ended in Apr. 2024 was €28.465. 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 €27.95 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Foot Locker's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Foot Locker was 11.70% per year. The lowest was -8.50% per year. And the median was 4.20% per year.

As of today (2024-06-01), Foot Locker's current stock price is €24.045. Foot Locker's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €27.95. Foot Locker's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Foot Locker was 4.79. The lowest was 0.61. And the median was 2.56.


Foot Locker Cyclically Adjusted Book per Share Historical Data

The historical data trend for Foot Locker'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.

Foot Locker Cyclically Adjusted Book per Share Chart

Foot Locker 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 17.75 16.88 21.11 24.80 27.76

Foot Locker 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 24.79 24.84 25.26 27.76 27.95

Competitive Comparison of Foot Locker's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Foot Locker'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.


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

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

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



Foot Locker 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, Foot Locker'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)
=28.465/131.7762*131.7762
=28.465

Current CPI (Apr. 2024) = 131.7762.

Foot Locker Quarterly Data

Book Value per Share CPI Adj_Book
201407 13.281 100.520 17.411
201410 14.342 100.176 18.866
201501 15.256 98.604 20.389
201504 16.894 99.824 22.302
201507 16.826 100.691 22.021
201510 16.378 100.346 21.508
201601 17.166 99.957 22.630
201604 17.330 100.947 22.623
201607 17.532 101.524 22.756
201610 18.062 101.988 23.337
201701 19.372 102.456 24.916
201704 19.783 103.167 25.269
201707 18.846 103.278 24.046
201710 16.958 104.070 21.473
201801 17.238 104.578 21.721
201804 17.675 105.708 22.034
201807 18.374 106.324 22.772
201810 18.805 106.695 23.226
201901 19.562 106.200 24.273
201904 20.605 107.818 25.184
201907 20.440 108.250 24.882
201910 20.882 108.577 25.344
202001 21.386 108.841 25.893
202004 20.426 108.173 24.883
202007 20.027 109.318 24.141
202010 21.532 109.861 25.827
202101 21.955 110.364 26.215
202104 23.649 112.673 27.659
202107 27.189 115.183 31.106
202110 28.461 116.696 32.139
202201 29.512 118.619 32.785
202204 31.474 121.978 34.002
202207 33.820 125.002 35.653
202210 35.371 125.734 37.071
202301 32.720 126.223 34.160
202304 31.881 127.992 32.824
202307 31.175 128.974 31.852
202310 32.233 129.810 32.721
202401 28.157 130.124 28.514
202404 28.465 131.776 28.465

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


Foot Locker  (STU:WOO) 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.

Foot Locker's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.045/27.95
=0.86

* 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 Foot Locker was 4.79. The lowest was 0.61. And the median was 2.56.


Be Aware

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


Foot Locker Cyclically Adjusted Book per Share Related Terms

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


Foot Locker (STU:WOO) Business Description

Industry
Traded in Other Exchanges
Address
330 West 34th Street, New York, NY, USA, 10001
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.

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