GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Designer Brands Inc (FRA:D9W) » Definitions » Cyclically Adjusted PB Ratio

Designer Brands (FRA:D9W) Cyclically Adjusted PB Ratio : 0.69 (As of Jun. 08, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Designer Brands Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Designer Brands's current share price is €7.05. Designer Brands's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €10.16. Designer Brands's Cyclically Adjusted PB Ratio for today is 0.69.

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

FRA:D9W' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 2.02   Max: 7.36
Current: 0.7

During the past years, Designer Brands's highest Cyclically Adjusted PB Ratio was 7.36. The lowest was 0.35. And the median was 2.02.

FRA:D9W's Cyclically Adjusted PB Ratio is ranked better than
65.07% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs FRA:D9W: 0.70

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.

Designer Brands's adjusted book value per share data for the three months ended in Apr. 2024 was €5.781. 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 €10.16 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Designer Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Designer Brands'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.

Designer Brands Cyclically Adjusted PB Ratio Chart

Designer Brands 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 1.29 1.11 1.16 0.90 0.78

Designer Brands Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.72 0.88 0.90 0.78 0.85

Competitive Comparison of Designer Brands's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Designer Brands'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.


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

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

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



Designer Brands 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.

Designer Brands's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.05/10.16
=0.69

* 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.

Designer Brands's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Designer Brands'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)
=5.781/131.7762*131.7762
=5.781

Current CPI (Apr. 2024) = 131.7762.

Designer Brands Quarterly Data

Book Value per Share CPI Adj_Book
201407 8.219 100.520 10.775
201410 8.911 100.176 11.722
201501 9.848 98.604 13.161
201504 10.928 99.824 14.426
201507 10.915 100.691 14.285
201510 10.577 100.346 13.890
201601 10.174 99.957 13.413
201604 10.028 100.947 13.091
201607 10.378 101.524 13.471
201610 10.433 101.988 13.480
201701 10.991 102.456 14.136
201704 10.988 103.167 14.035
201707 10.503 103.278 13.401
201710 10.092 104.070 12.779
201801 9.788 104.578 12.334
201804 9.764 105.708 12.172
201807 9.802 106.324 12.148
201810 10.205 106.695 12.604
201901 9.300 106.200 11.540
201904 9.032 107.818 11.039
201907 8.954 108.250 10.900
201910 9.364 108.577 11.365
202001 9.051 108.841 10.958
202004 6.398 108.173 7.794
202007 4.892 109.318 5.897
202010 4.351 109.861 5.219
202101 2.756 110.364 3.291
202104 3.015 112.673 3.526
202107 3.607 115.183 4.127
202110 4.627 116.696 5.225
202201 4.970 118.619 5.521
202204 5.347 121.978 5.777
202207 5.498 125.002 5.796
202210 6.118 125.734 6.412
202301 6.311 126.223 6.589
202304 6.109 127.992 6.290
202307 6.508 128.974 6.649
202310 6.464 129.810 6.562
202401 5.763 130.124 5.836
202404 5.781 131.776 5.781

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.


Designer Brands  (FRA:D9W) 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.


Designer Brands Cyclically Adjusted PB Ratio Related Terms

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


Designer Brands (FRA:D9W) Business Description

Traded in Other Exchanges
Address
810 DSW Drive, Columbus, OH, USA, 43219
Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com.

Designer Brands (FRA:D9W) Headlines

No Headlines