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LPP (LPPSY) Cyclically Adjusted PB Ratio : 8.13 (As of Jun. 04, 2024)


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What is LPP Cyclically Adjusted PB Ratio?

As of today (2024-06-04), LPP's current share price is $20.41. LPP's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $2.51. LPP's Cyclically Adjusted PB Ratio for today is 8.13.

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

LPPSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.86   Med: 8.19   Max: 14.35
Current: 9.05

During the past years, LPP's highest Cyclically Adjusted PB Ratio was 14.35. The lowest was 4.86. And the median was 8.19.

LPPSY's Cyclically Adjusted PB Ratio is ranked worse than
93.84% of 763 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs LPPSY: 9.05

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.

LPP's adjusted book value per share data for the three months ended in Jan. 2024 was $3.212. 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 $2.51 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LPP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LPP'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.

LPP Cyclically Adjusted PB Ratio Chart

LPP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 8.60 6.84 11.68 5.86

LPP Quarterly Data
Mar19 Jun19 Sep19 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 5.86 6.63 7.53 7.29 8.12

Competitive Comparison of LPP's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, LPP'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.


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

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

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



LPP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.41/2.51
=8.13

* 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.

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

For example, LPP'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)
=3.212/148.3109*148.3109
=3.212

Current CPI (Jan. 2024) = 148.3109.

LPP Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.034 101.262 1.514
201406 1.025 101.180 1.502
201409 1.069 100.611 1.576
201412 1.141 100.122 1.690
201503 1.142 100.041 1.693
201506 1.204 100.448 1.778
201509 1.214 99.634 1.807
201512 1.318 99.471 1.965
201603 1.291 98.983 1.934
201606 1.360 99.552 2.026
201609 1.329 99.064 1.990
201612 1.483 100.366 2.191
201703 1.400 101.018 2.055
201706 1.433 101.180 2.101
201709 1.506 101.343 2.204
201712 1.685 102.564 2.437
201803 1.614 102.564 2.334
201806 1.727 103.378 2.478
201809 1.762 103.378 2.528
201812 1.972 103.785 2.818
201903 1.920 104.274 2.731
201906 1.984 105.983 2.776
201909 2.026 105.983 2.835
202001 2.238 108.099 3.071
202004 1.983 108.995 2.698
202007 1.901 109.158 2.583
202010 2.063 109.402 2.797
202101 2.094 110.948 2.799
202104 2.118 113.553 2.766
202107 1.901 114.449 2.463
202110 2.373 116.891 3.011
202201 2.648 121.368 3.236
202204 2.474 127.554 2.877
202207 2.317 132.357 2.596
202210 2.576 137.973 2.769
202301 2.718 142.613 2.827
202304 2.777 147.009 2.802
202307 2.504 146.683 2.532
202310 2.905 146.520 2.941
202401 3.212 148.311 3.212

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.


LPP  (OTCPK:LPPSY) 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.


LPP Cyclically Adjusted PB Ratio Related Terms

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


LPP (LPPSY) Business Description

Traded in Other Exchanges
Address
ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.

LPP (LPPSY) Headlines

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