GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grimoldi SA (BUE:GRIM) » Definitions » Cyclically Adjusted PB Ratio

Grimoldi (BUE:GRIM) Cyclically Adjusted PB Ratio : 9.82 (As of Jun. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Grimoldi Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Grimoldi's current share price is ARS1181.00. Grimoldi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS120.24. Grimoldi's Cyclically Adjusted PB Ratio for today is 9.82.

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

BUE:GRIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.03   Med: 4.83   Max: 11.37
Current: 8.15

During the past years, Grimoldi's highest Cyclically Adjusted PB Ratio was 11.37. The lowest was 2.03. And the median was 4.83.

BUE:GRIM's Cyclically Adjusted PB Ratio is ranked worse than
93.4% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs BUE:GRIM: 8.15

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.

Grimoldi's adjusted book value per share data for the three months ended in Mar. 2024 was ARS1,049.045. 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 ARS120.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grimoldi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grimoldi'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.

Grimoldi Cyclically Adjusted PB Ratio Chart

Grimoldi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 2.29 5.28 4.99 7.90

Grimoldi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.02 6.36 7.29 7.90 7.24

Competitive Comparison of Grimoldi's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Grimoldi'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.


Grimoldi's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Grimoldi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1181.00/120.24
=9.82

* 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.

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

For example, Grimoldi'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)
=1049.045/131.7762*131.7762
=1,049.045

Current CPI (Mar. 2024) = 131.7762.

Grimoldi Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.643 100.560 4.774
201409 3.996 100.428 5.243
201412 4.547 99.070 6.048
201503 5.140 99.621 6.799
201506 5.854 100.684 7.662
201509 6.848 100.392 8.989
201512 8.302 99.792 10.963
201603 9.689 100.470 12.708
201606 10.539 101.688 13.657
201609 11.414 101.861 14.766
201612 11.828 101.863 15.301
201703 12.218 102.862 15.652
201706 11.834 103.349 15.089
201709 12.578 104.136 15.917
201712 27.479 104.011 34.814
201803 14.408 105.290 18.032
201806 12.872 106.317 15.954
201809 11.899 106.507 14.722
201812 32.694 105.998 40.645
201903 22.151 107.251 27.216
201906 22.946 108.070 27.980
201909 23.563 108.329 28.663
201912 36.982 108.420 44.949
202003 26.084 108.902 31.563
202006 24.745 108.767 29.980
202009 22.160 109.815 26.592
202012 36.570 109.897 43.851
202103 28.652 111.754 33.785
202106 35.066 114.631 40.311
202109 42.821 115.734 48.756
202112 117.823 117.630 131.993
202203 81.281 121.301 88.300
202206 116.346 125.017 122.637
202209 153.516 125.227 161.545
202212 629.287 125.222 662.225
202303 280.673 127.348 290.433
202306 372.596 128.729 381.417
202309 545.337 129.860 553.386
202312 694.416 129.419 707.062
202403 1,049.045 131.776 1,049.045

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.


Grimoldi  (BUE:GRIM) 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.


Grimoldi Cyclically Adjusted PB Ratio Related Terms

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


Grimoldi (BUE:GRIM) Business Description

Traded in Other Exchanges
N/A
Address
Florida 251, Buenos Aires, ARG
Grimoldi SA operates in the footwear industry. The company is engaged in the manufacturing and selling of women, men and children footwear, wallets, and related products. Its brands include Hush Puppies, Cat Kickers, Timberland, and Merrell, among others. The company also operates a network of retail stores and outlets.

Grimoldi (BUE:GRIM) Headlines

No Headlines