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Zumiez (Zumiez) Cyclically Adjusted Book per Share : $18.58 (As of Jan. 2024)


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What is Zumiez 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.

Zumiez's adjusted book value per share for the three months ended in Jan. 2024 was $17.809. 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 $18.58 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Zumiez's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Zumiez was 13.10% per year. The lowest was 10.20% per year. And the median was 12.00% per year.

As of today (2024-04-27), Zumiez's current stock price is $16.95. Zumiez's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $18.58. Zumiez's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zumiez was 5.71. The lowest was 0.73. And the median was 2.30.


Zumiez Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zumiez'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.

Zumiez Cyclically Adjusted Book per Share Chart

Zumiez 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 12.18 13.48 15.82 17.61 18.58

Zumiez 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 17.61 18.03 18.32 18.56 18.58

Competitive Comparison of Zumiez's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Zumiez'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.


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

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

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



Zumiez 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, Zumiez'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)
=17.809/129.4194*129.4194
=17.809

Current CPI (Jan. 2024) = 129.4194.

Zumiez Quarterly Data

Book Value per Share CPI Adj_Book
201404 11.166 100.023 14.448
201407 11.389 100.520 14.663
201410 11.778 100.176 15.216
201501 12.221 98.604 16.040
201504 12.339 99.824 15.997
201507 11.145 100.691 14.325
201510 11.225 100.346 14.477
201601 11.551 99.957 14.956
201604 11.421 100.947 14.642
201607 11.241 101.524 14.330
201610 11.624 101.988 14.750
201701 12.309 102.456 15.548
201704 12.128 103.167 15.214
201707 12.465 103.278 15.620
201710 12.933 104.070 16.083
201801 14.096 104.578 17.444
201804 13.839 105.708 16.943
201807 13.912 106.324 16.934
201810 14.444 106.695 17.520
201901 15.691 106.200 19.122
201904 15.305 107.818 18.371
201907 15.685 108.250 18.752
201910 16.541 108.577 19.716
202001 18.046 108.841 21.458
202004 16.954 108.173 20.284
202007 18.469 109.318 21.865
202010 19.597 109.861 23.086
202101 21.587 110.364 25.314
202104 22.567 112.673 25.921
202107 23.252 115.183 26.126
202110 22.803 116.696 25.289
202201 22.075 118.619 24.085
202204 19.369 121.978 20.551
202207 19.426 125.002 20.112
202210 19.532 125.734 20.104
202301 20.900 126.223 21.429
202304 19.808 127.992 20.029
202307 19.457 128.974 19.524
202310 19.130 129.810 19.072
202401 17.809 129.419 17.809

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


Zumiez  (NAS:ZUMZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.95/18.58
=0.91

* 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 Zumiez was 5.71. The lowest was 0.73. And the median was 2.30.


Be Aware

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


Zumiez Cyclically Adjusted Book per Share Related Terms

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


Zumiez (Zumiez) Business Description

Industry
Traded in Other Exchanges
Address
4001 204th Street SW, Lynnwood, WA, USA, 98036
Zumiez Inc is a United-States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hardgoods. The company provides merchandise with cultural elements coming from fashion, music, art and from action sports, streetwear, and other unique lifestyles. The company operates under the brands Zumiez and Blue Tomato, and through both physical stores and websites. Most of the company's stores are located in the U.S., with the rest in Canada, Australia, and Europe. The U.S. market contributes to the majority of the company's revenue.
Executives
Guy Matthew Harkless director 4001 204TH STREET SW, LYNNWOOD WA 98036
James P. Murphy director 999 LAKE DRIVE, ISSAQUAH WA 98027
Adam Christopher Ellis officer: President International 4001 204TH STREET SW, LYNNWOOD WA 98036
Richard Miles Brooks officer: President and CEO 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Troy R. Brown officer: Ex. V.P. of E-commerce 4001 204TH STREET SW, LYNNWOOD WA 98036
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Chris K. Visser officer: General Counsel & Corp. Sec. 4001 204TH STREET SW, LYNNWOOD WA 98036
Holmes Kalen director 2401 UTAH AVENUE SOUTH, SUITE 800, SEATTLE WA 98134
Thomas D Campion director, officer: Chairman of Board of Directors 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Work Christopher Codington officer: Chief Financial Officer 4001 204TH STREET SW, LYNNWOOD WA 98036
Sarah Gaines Mccoy director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203-5862
Scott Andrew Bailey director 4001 204TH STREET SW, LYNNWOOD WA 98036
Matthew L Hyde director C/O REI, 6750 SOUTH 228TH ST., KENT WA 98032
Ernest R Johnson director
Steve Louden director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032

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