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Signet Jewelers (Signet Jewelers) Cyclically Adjusted Book per Share : $36.80 (As of Jan. 2024)


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What is Signet Jewelers 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.

Signet Jewelers's adjusted book value per share for the three months ended in Jan. 2024 was $49.016. 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 $36.80 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Signet Jewelers's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Signet Jewelers was 67.80% per year. The lowest was -16.20% per year. And the median was 4.65% per year.

As of today (2024-04-27), Signet Jewelers's current stock price is $101.80. Signet Jewelers's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $36.80. Signet Jewelers's Cyclically Adjusted PB Ratio of today is 2.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Signet Jewelers was 7.36. The lowest was 0.19. And the median was 2.17.


Signet Jewelers Cyclically Adjusted Book per Share Historical Data

The historical data trend for Signet Jewelers'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.

Signet Jewelers Cyclically Adjusted Book per Share Chart

Signet Jewelers 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 32.15 31.93 34.18 35.94 36.80

Signet Jewelers 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 35.94 36.37 36.59 36.73 36.80

Competitive Comparison of Signet Jewelers's Cyclically Adjusted Book per Share

For the Luxury Goods subindustry, Signet Jewelers'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.


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

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

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



Signet Jewelers 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, Signet Jewelers'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)
=49.016/129.4194*129.4194
=49.016

Current CPI (Jan. 2024) = 129.4194.

Signet Jewelers Quarterly Data

Book Value per Share CPI Adj_Book
201404 32.965 100.023 42.653
201407 33.465 100.520 43.086
201410 32.946 100.176 42.564
201501 34.999 98.604 45.937
201504 36.059 99.824 46.750
201507 36.038 100.691 46.320
201510 35.786 100.346 46.154
201601 38.548 99.957 49.910
201604 39.518 100.947 50.664
201607 38.094 101.524 48.561
201610 32.057 101.988 40.679
201701 36.460 102.456 46.055
201704 37.184 103.167 46.646
201707 36.096 103.278 45.233
201710 35.414 104.070 44.040
201801 41.319 104.578 51.134
201804 31.970 105.708 39.141
201807 26.977 106.324 32.837
201810 25.992 106.695 31.528
201901 23.152 106.200 28.214
201904 22.249 107.818 26.707
201907 20.807 108.250 24.876
201910 20.104 108.577 23.963
202001 23.377 108.841 27.797
202004 18.811 108.173 22.506
202007 17.522 109.318 20.744
202010 17.498 109.861 20.613
202101 22.759 110.364 26.689
202104 25.220 112.673 28.968
202107 29.349 115.183 32.977
202110 29.175 116.696 32.356
202201 31.343 118.619 34.197
202204 27.028 121.978 28.677
202207 29.608 125.002 30.654
202210 29.588 125.734 30.455
202301 35.158 126.223 36.048
202304 34.835 127.992 35.223
202307 36.029 128.974 36.153
202310 35.410 129.810 35.304
202401 49.016 129.419 49.016

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


Signet Jewelers  (NYSE:SIG) 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.

Signet Jewelers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=101.80/36.8
=2.77

* 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 Signet Jewelers was 7.36. The lowest was 0.19. And the median was 2.17.


Be Aware

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


Signet Jewelers Cyclically Adjusted Book per Share Related Terms

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


Signet Jewelers (Signet Jewelers) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.
Executives
Virginia Drosos director, officer: Chief Executive Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Howard A Melnick officer: Chief Information Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Mary Elizabeth Finn officer: Chief People Officer 770 BROADWAY, NEW YORK NY 10003
Stash Ptak officer: * See Remarks 375 GHENT RD, AKRON OH 44333
William Brace officer: See Remarks 375 GHENT RD, AKRON OH 44333
Joan M Hilson officer: Chief Financial Officer 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
Oded Edelman officer: President of JamesAllen.com CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Stephen E. Lovejoy officer: Chief Supply Chain Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Zackery A Hicks director C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Brian A Tilzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Rebecca Wooters officer: Chief Digital Officer 375 GHENT RD, AKRON OH 44333
Jamie Singleton officer: See Remarks 9797 ROMBAUER, DALLAS TX 75019
Helen Mccluskey director 2211 REDDING ROAD, FAIRFIELD CT 06430
Eugenia Ulasewicz director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
H. Todd Stitzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11