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Crocs (STU:C7N) Cyclically Adjusted PB Ratio : 19.70 (As of May. 20, 2024)


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What is Crocs Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Crocs's current share price is €129.26. Crocs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.56. Crocs's Cyclically Adjusted PB Ratio for today is 19.70.

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

STU:C7N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 5.31   Max: 35.48
Current: 19.75

During the past years, Crocs's highest Cyclically Adjusted PB Ratio was 35.48. The lowest was 1.10. And the median was 5.31.

STU:C7N's Cyclically Adjusted PB Ratio is ranked worse than
97.03% of 673 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs STU:C7N: 19.75

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.

Crocs's adjusted book value per share data for the three months ended in Mar. 2024 was €24.207. 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 €6.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crocs Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crocs'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.

Crocs Cyclically Adjusted PB Ratio Chart

Crocs 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 8.40 12.85 25.60 20.03 14.17

Crocs 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 22.33 18.88 14.13 14.17 20.15

Competitive Comparison of Crocs's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Crocs'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.


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

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

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



Crocs 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=129.26/6.56
=19.70

* 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.

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

For example, Crocs'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)
=24.207/131.7762*131.7762
=24.207

Current CPI (Mar. 2024) = 131.7762.

Crocs Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.352 100.560 7.013
201409 5.390 100.428 7.072
201412 4.674 99.070 6.217
201503 4.852 99.621 6.418
201506 4.736 100.684 6.199
201509 4.047 100.392 5.312
201512 3.099 99.792 4.092
201603 3.184 100.470 4.176
201606 3.365 101.688 4.361
201609 3.325 101.861 4.302
201612 2.839 101.863 3.673
201703 2.959 102.862 3.791
201706 3.008 103.349 3.835
201709 2.766 104.136 3.500
201712 2.283 104.011 2.892
201803 2.179 105.290 2.727
201806 2.492 106.317 3.089
201809 2.498 106.507 3.091
201812 1.802 105.998 2.240
201903 1.511 107.251 1.857
201906 1.423 108.070 1.735
201909 1.555 108.329 1.892
201912 1.741 108.420 2.116
202003 1.264 108.902 1.530
202006 2.064 108.767 2.501
202009 2.869 109.815 3.443
202012 3.625 109.897 4.347
202103 4.203 111.754 4.956
202106 4.772 114.631 5.486
202109 4.877 115.734 5.553
202112 0.214 117.630 0.240
202203 5.147 121.301 5.591
202206 7.555 125.017 7.963
202209 10.326 125.227 10.866
202212 12.514 125.222 13.169
202303 14.590 127.348 15.097
202306 17.692 128.729 18.111
202309 18.497 129.860 18.770
202312 22.037 129.419 22.438
202403 24.207 131.776 24.207

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.


Crocs  (STU:C7N) 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.


Crocs Cyclically Adjusted PB Ratio Related Terms

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


Crocs (STU:C7N) Business Description

Traded in Other Exchanges
Address
13601 Via Varra, Broomfield, CO, USA, 80020
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.

Crocs (STU:C7N) Headlines

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