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Kohl's (Kohl's) Cyclically Adjusted Book per Share : $37.61 (As of Jan. 2024)


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What is Kohl's Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Kohl's's adjusted book value per share for the three months ended in Jan. 2024 was $35.163. 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 $37.61 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Kohl's's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kohl's was 27.60% per year. The lowest was 3.50% per year. And the median was 9.90% per year.

As of today (2024-04-27), Kohl's's current stock price is $24.53. Kohl's's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $37.61. Kohl's's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kohl's was 3.22. The lowest was 0.36. And the median was 1.66.


Kohl's Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kohl's's Cyclically Adjusted Book per Share 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.

Kohl's Cyclically Adjusted Book per Share Chart

Kohl's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.65 32.00 34.62 36.91 37.61

Kohl's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 36.91 37.38 37.60 37.78 37.61

Competitive Comparison of Kohl's's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Kohl's'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.


Kohl's's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Kohl's Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Kohl's'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)
=35.163/129.4194*129.4194
=35.163

Current CPI (Jan. 2024) = 129.4194.

Kohl's Quarterly Data

Book Value per Share CPI Adj_Book
201404 28.159 100.023 36.435
201407 28.475 100.520 36.661
201410 28.596 100.176 36.944
201501 29.806 98.604 39.121
201504 29.787 99.824 38.618
201507 28.964 100.691 37.228
201510 28.660 100.346 36.964
201601 29.522 99.957 38.223
201604 28.632 100.947 36.708
201607 28.972 101.524 36.933
201610 29.017 101.988 36.822
201701 29.753 102.456 37.583
201704 29.205 103.167 36.637
201707 29.751 103.278 37.282
201710 29.934 104.070 37.225
201801 32.256 104.578 39.918
201804 31.881 105.708 39.032
201807 32.856 106.324 39.993
201810 33.048 106.695 40.087
201901 33.908 106.200 41.322
201904 33.593 107.818 40.323
201907 34.094 108.250 40.761
201910 34.108 108.577 40.655
202001 34.936 108.841 41.541
202004 30.316 108.173 36.270
202007 30.614 109.318 36.243
202010 30.620 109.861 36.071
202101 32.886 110.364 38.564
202104 32.592 112.673 37.436
202107 34.336 115.183 38.580
202110 34.725 116.696 38.511
202201 35.580 118.619 38.820
202204 34.813 121.978 36.937
202207 35.500 125.002 36.755
202210 35.009 125.734 36.035
202301 33.901 126.223 34.759
202304 33.514 127.992 33.888
202307 33.649 128.974 33.765
202310 33.793 129.810 33.691
202401 35.163 129.419 35.163

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Kohl's  (NYSE:KSS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Kohl's's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.53/37.61
=0.65

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kohl's was 3.22. The lowest was 0.36. And the median was 1.66.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Kohl's Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Kohl's's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Kohl's (Kohl's) Business Description

Industry
Traded in Other Exchanges
Address
N56 W17000 Ridgewood Drive, Menomonee Falls, WI, USA, 53051
Kohl's operates about 1,170 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl's also operates a large digital sales business. Women's apparel is Kohl's largest category, having generated 27% of its 2022 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.
Executives
Adolfo Villagomez director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Thomas Kingsbury officer: Senior Exec. Vice President 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Alves officer: President & COO N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jones Nicholas David George officer: Chief Merch. / Digital Officer N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jennifer J. Kent officer: Chief Legal Officer, Secretary QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
John E. Schlifske director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jonas Prising director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Peter Boneparth director 1411 BROADWAY, NEW YORK NY 10018
Christie Raymond officer: Chief Marketing Officer N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Feeney Siobhan Mc officer: Chief Technology Officer N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Christine Mccormick Day director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Margaret L Jenkins director 203 EAST MAINST P 12-02, SPARTANBURG SC 29319
Robbin Mitchell director W56 N17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jason J. Kelroy officer: Sr.EVP,Gen. Counsel,Secretary W56 N17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Yael Cosset director 1014 VINE STREET, CINCINNATI OH 45202