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Citi Trends (Citi Trends) Cyclically Adjusted PB Ratio : 1.24 (As of May. 22, 2024)


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What is Citi Trends Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Citi Trends's current share price is $22.615. Citi Trends's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $18.31. Citi Trends's Cyclically Adjusted PB Ratio for today is 1.24.

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

CTRN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.52   Max: 6.98
Current: 1.24

During the past years, Citi Trends's highest Cyclically Adjusted PB Ratio was 6.98. The lowest was 0.46. And the median was 1.52.

CTRN's Cyclically Adjusted PB Ratio is ranked worse than
52.19% of 730 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs CTRN: 1.24

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.

Citi Trends's adjusted book value per share data for the three months ended in Jan. 2024 was $18.444. 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 $18.31 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citi Trends Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Citi Trends'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.

Citi Trends Cyclically Adjusted PB Ratio Chart

Citi Trends Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 3.80 2.96 1.79 1.47

Citi Trends Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.79 0.96 1.04 1.32 1.47

Competitive Comparison of Citi Trends's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Citi Trends'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.


Citi Trends's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Citi Trends 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.

Citi Trends's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.615/18.31
=1.24

* 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.

Citi Trends's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Citi Trends's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=18.444/130.1244*130.1244
=18.444

Current CPI (Jan. 2024) = 130.1244.

Citi Trends Quarterly Data

Book Value per Share CPI Adj_Book
201404 13.359 100.023 17.379
201407 13.249 100.520 17.151
201410 13.153 100.176 17.085
201501 13.521 98.604 17.843
201504 14.279 99.824 18.613
201507 14.351 100.691 18.546
201510 14.195 100.346 18.407
201601 14.268 99.957 18.574
201604 14.754 100.947 19.018
201607 14.735 101.524 18.886
201610 14.653 101.988 18.695
201701 15.007 102.456 19.060
201704 15.463 103.167 19.503
201707 14.925 103.278 18.805
201710 14.922 104.070 18.658
201801 15.241 104.578 18.964
201804 15.816 105.708 19.469
201807 15.384 106.324 18.828
201810 15.156 106.695 18.484
201901 15.416 106.200 18.889
201904 15.752 107.818 19.011
201907 15.730 108.250 18.909
201910 15.506 108.577 18.583
202001 15.788 108.841 18.875
202004 13.475 108.173 16.209
202007 15.371 109.318 18.297
202010 15.687 109.861 18.580
202101 16.567 110.364 19.533
202104 15.860 112.673 18.316
202107 15.620 115.183 17.646
202110 12.719 116.696 14.183
202201 13.478 118.619 14.785
202204 16.578 121.978 17.685
202207 15.945 125.002 16.598
202210 18.963 125.734 19.625
202301 19.923 126.223 20.539
202304 19.243 127.992 19.564
202307 18.210 128.974 18.372
202310 17.914 129.810 17.957
202401 18.444 130.124 18.444

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.


Citi Trends  (NAS:CTRN) 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.


Citi Trends Cyclically Adjusted PB Ratio Related Terms

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


Citi Trends (Citi Trends) Business Description

Traded in Other Exchanges
Address
104 Coleman Boulevard, Savannah, GA, USA, 31408
Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys.
Executives
Fund 1 Investments, Llc 10 percent owner 100 CARR 115, UNIT 1900, RINCON PR 00677
Jonathan Duskin director MACELLUM CAPITAL MANAGEMENT, LLC, 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Pleasant Lake Partners Llc 10 percent owner 100 CARR 115 UNIT 1900, RINCON PR 00677
Pleasant Lake Onshore Feeder Fund Lp 10 percent owner 100 CARR 115 UNIT 1900, RINCON PR 00677
Vivek Bhargava officer: SVP, Supply Chain Operations 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ivy D Council officer: SR VP of HR, Chief Compl Offcr C/O CITI TRENDS, INC., 102 FAHM STREET, SAVANNAH GA 31401
David N. Makuen director, officer: Chief Executive Officer C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Heather L Plutino officer: EVP and CFO 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Brian Carney director 5555 DARROW RD, HUDSON OH 44236
Laurens Goff director C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Jessica Berkowitz officer: SVP, Planning and Allocation 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Kenneth Duane Seipel director 26972 BURBANK, FOOTHILL RANCH CA 92610
Christina M Francis director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Lisa A. Powell officer: Chief Merchandising Officer C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Charles J. Hynes officer: Senior VP - Supply Chain CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408

Citi Trends (Citi Trends) Headlines