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Lifetime Brands (Lifetime Brands) Cyclically Adjusted PB Ratio : 0.76 (As of May. 17, 2024)


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What is Lifetime Brands Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Lifetime Brands's current share price is $11.20. Lifetime Brands's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.72. Lifetime Brands's Cyclically Adjusted PB Ratio for today is 0.76.

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

LCUT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.04   Max: 1.64
Current: 0.79

During the past years, Lifetime Brands's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.26. And the median was 1.04.

LCUT's Cyclically Adjusted PB Ratio is ranked better than
69.28% of 293 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs LCUT: 0.79

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.

Lifetime Brands's adjusted book value per share data for the three months ended in Mar. 2024 was $10.134. 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 $14.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lifetime Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lifetime 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.

Lifetime Brands Cyclically Adjusted PB Ratio Chart

Lifetime Brands 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 0.51 1.11 1.10 0.51 0.46

Lifetime Brands 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 0.39 0.38 0.38 0.46 0.71

Competitive Comparison of Lifetime Brands's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Lifetime 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.


Lifetime Brands's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lifetime Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lifetime 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.20/14.72
=0.76

* 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.

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

For example, Lifetime Brands'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)
=10.134/131.7762*131.7762
=10.134

Current CPI (Mar. 2024) = 131.7762.

Lifetime Brands Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.820 100.560 18.110
201409 13.363 100.428 17.534
201412 13.728 99.070 18.260
201503 13.387 99.621 17.708
201506 13.255 100.684 17.348
201509 13.402 100.392 17.592
201512 14.217 99.792 18.774
201603 13.782 100.470 18.076
201606 13.346 101.688 17.295
201609 13.672 101.861 17.687
201612 13.584 101.863 17.573
201703 13.636 102.862 17.469
201706 13.595 103.349 17.334
201709 14.063 104.136 17.796
201712 14.110 104.011 17.877
201803 13.479 105.290 16.870
201806 12.817 106.317 15.886
201809 13.101 106.507 16.209
201812 13.460 105.998 16.733
201903 13.203 107.251 16.222
201906 12.378 108.070 15.093
201909 11.663 108.329 14.187
201912 11.118 108.420 13.513
202003 9.352 108.902 11.316
202006 8.952 108.767 10.846
202009 9.730 109.815 11.676
202012 10.578 109.897 12.684
202103 10.619 111.754 12.521
202106 10.988 114.631 12.631
202109 11.626 115.734 13.237
202112 11.611 117.630 13.007
202203 11.459 121.301 12.449
202206 11.123 125.017 11.724
202209 10.739 125.227 11.301
202212 11.023 125.222 11.600
202303 10.542 127.348 10.909
202306 10.225 128.729 10.467
202309 10.379 129.860 10.532
202312 10.584 129.419 10.777
202403 10.134 131.776 10.134

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.


Lifetime Brands  (NAS:LCUT) 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.


Lifetime Brands Cyclically Adjusted PB Ratio Related Terms

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


Lifetime Brands (Lifetime Brands) Business Description

Traded in Other Exchanges
Address
1000 Stewart Avenue, Garden City, NY, USA, 11530
Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.
Executives
Robert Bruce Kay director, officer: Chief Executive Officer 1000 STEWART AVENUE, GARDEN CITY NY 11530
Daniel Siegel officer: Executive Vice-President C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Craig Phillips director, officer: Executive Vice President LIFETIME BRANDS INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Laurence Winoker officer: SVP Finance/CFO/Treasurer
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Rachael Jarosh director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Michael J Jeary director 8 BELKNAP LANE, RUMSON NJ 07760
Dennis E Reaves director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Bruce G Pollack director 30 ROCKEFEELER PLAZA, SUITE 5050, NEW YORK NY 10020
Michael J Regan director 14 BRENNER PLACE, DEMAREST NJ 07627
Michael Schnabel director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Centre Partners V, L.p. 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, NEW YORK NY 10022
Centre Capital Investors V Lp 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, New York NY 10022
Ronald Shittan director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
William U Westerfield director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530