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Bed Bath & Beyond (WBO:BBBY) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 08, 2024)


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What is Bed Bath & Beyond Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Bed Bath & Beyond's current share price is €0.105. Bed Bath & Beyond's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2023 was €14.18. Bed Bath & Beyond's Cyclically Adjusted PB Ratio for today is 0.01.

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

WBO:BBBY's Cyclically Adjusted PB Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.17
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Bed Bath & Beyond's adjusted book value per share data for the three months ended in Feb. 2023 was €-10.096. 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 €14.18 for the trailing ten years ended in Feb. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bed Bath & Beyond Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond Cyclically Adjusted PB Ratio Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.09

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 - - - - 0.09

Competitive Comparison of Bed Bath & Beyond's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bed Bath & Beyond's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bed Bath & Beyond's Cyclically Adjusted PB Ratio falls into.



Bed Bath & Beyond 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.

Bed Bath & Beyond's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.105/14.18
=0.01

* 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.

Bed Bath & Beyond's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2023 is calculated as:

For example, Bed Bath & Beyond's adjusted Book Value per Share data for the three months ended in Feb. 2023 was:

Adj_Book=Book Value per Share/CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=-10.096/126.9276*126.9276
=-10.096

Current CPI (Feb. 2023) = 126.9276.

Bed Bath & Beyond Quarterly Data

Book Value per Share CPI Adj_Book
201305 14.161 98.282 18.288
201308 14.082 98.675 18.114
201311 14.372 98.334 18.551
201402 14.046 99.057 17.998
201405 14.038 100.373 17.752
201408 11.916 100.352 15.072
201411 13.781 99.635 17.556
201502 13.875 99.032 17.783
201505 13.469 100.333 17.039
201508 13.819 100.548 17.445
201511 14.618 100.135 18.529
201602 14.734 100.040 18.694
201605 14.474 101.355 18.126
201608 15.097 101.617 18.857
201611 16.127 101.829 20.102
201702 17.456 102.779 21.557
201705 16.712 103.256 20.543
201708 16.094 103.587 19.720
201711 16.445 104.072 20.056
201802 16.654 105.052 20.122
201805 17.533 106.148 20.965
201808 18.207 106.383 21.723
201811 18.585 106.338 22.184
201902 17.058 106.649 20.301
201905 14.427 108.048 16.948
201908 13.522 108.245 15.856
201911 13.174 108.519 15.409
202002 12.791 109.139 14.876
202005 10.608 108.175 12.447
202008 11.380 109.662 13.172
202011 9.771 109.793 11.296
202102 9.633 110.968 11.018
202105 8.715 113.576 9.739
202108 7.858 115.421 8.641
202111 5.034 117.269 5.449
202202 1.871 119.703 1.984
202205 -2.606 123.323 -2.682
202208 -7.095 124.958 -7.207
202211 -6.678 125.607 -6.748
202302 -10.096 126.928 -10.096

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.


Bed Bath & Beyond  (WBO:BBBY) 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.


Bed Bath & Beyond Cyclically Adjusted PB Ratio Related Terms

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


Bed Bath & Beyond (WBO:BBBY) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.

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