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Ralph Lauren (Ralph Lauren) Cyclically Adjusted PB Ratio : 3.42 (As of Apr. 27, 2024)


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What is Ralph Lauren Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Ralph Lauren's current share price is $166.48. Ralph Lauren's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $48.62. Ralph Lauren's Cyclically Adjusted PB Ratio for today is 3.42.

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

RL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.6   Max: 6.62
Current: 3.42

During the past years, Ralph Lauren's highest Cyclically Adjusted PB Ratio was 6.62. The lowest was 1.36. And the median was 2.60.

RL's Cyclically Adjusted PB Ratio is ranked worse than
84.91% of 643 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs RL: 3.42

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.

Ralph Lauren's adjusted book value per share data for the three months ended in Dec. 2023 was $40.249. 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 $48.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ralph Lauren Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ralph Lauren'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.

Ralph Lauren Cyclically Adjusted PB Ratio Chart

Ralph Lauren Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 1.49 2.71 2.34 2.37

Ralph Lauren Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.16 2.37 2.50 2.36 2.97

Competitive Comparison of Ralph Lauren's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Ralph Lauren'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.


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

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

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



Ralph Lauren 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.

Ralph Lauren's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.48/48.62
=3.42

* 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.

Ralph Lauren's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ralph Lauren's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=40.249/129.4194*129.4194
=40.249

Current CPI (Dec. 2023) = 129.4194.

Ralph Lauren Quarterly Data

Book Value per Share CPI Adj_Book
201403 45.479 99.695 59.039
201406 45.136 100.560 58.090
201409 45.941 100.428 59.203
201412 46.678 99.070 60.978
201503 45.087 99.621 58.573
201506 44.422 100.684 57.100
201509 44.994 100.392 58.004
201512 45.286 99.792 58.731
201603 45.157 100.470 58.168
201606 43.329 101.688 55.145
201609 43.771 101.861 55.613
201612 43.917 101.863 55.798
201703 40.736 102.862 51.253
201706 41.330 103.349 51.756
201709 43.169 104.136 53.650
201712 41.913 104.011 52.152
201803 42.526 105.290 52.272
201806 42.182 106.317 51.348
201809 43.006 106.507 52.258
201812 42.670 105.998 52.098
201903 42.090 107.251 50.790
201906 39.026 108.070 46.736
201909 39.056 108.329 46.660
201912 42.286 108.420 50.476
202003 37.156 108.902 44.156
202006 34.959 108.767 41.597
202009 34.803 109.815 41.016
202012 36.826 109.897 43.368
202103 35.579 111.754 41.203
202106 36.925 114.631 41.689
202109 38.844 115.734 43.437
202112 38.243 117.630 42.076
202203 36.280 121.301 38.708
202206 34.766 125.017 35.990
202209 34.021 125.227 35.160
202212 37.391 125.222 38.644
202303 37.050 127.348 37.653
202306 37.381 128.729 37.582
202309 36.618 129.860 36.494
202312 40.249 129.419 40.249

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.


Ralph Lauren  (NYSE:RL) 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.


Ralph Lauren Cyclically Adjusted PB Ratio Related Terms

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


Ralph Lauren (Ralph Lauren) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, New York, NY, USA, 10022
Founded by designer Ralph Lauren in 1967 in New York City, Ralph Lauren Corp. designs, markets, and distributes lifestyle products in North America, Europe, and Asia. Its products include apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The company's brands include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren. Distribution channels for Ralph Lauren include wholesale (department stores and specialty stores), retail (company-owned retail stores and e-commerce), and licensing.
Executives
Halide Alagoz officer: Chief Product Officer RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Patrice Louvet director, officer: President and CEO ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Wei Zhang director RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Debra S. Cupp director RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Andrew Howard Smith officer: EVP, Chief Commercial Officer RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Hubert Joly director C/O BEST BUY CO, INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Jane Nielsen officer: Corp. Sr. Vice President, CFO 516 WEST 34TH STREET, NEW YORK NY 10001
Michael A George director
Valerie B Jarrett director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Darren Walker director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Lauren Family, L.l.c. 10 percent owner 1065 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10018
David R. Lauren director, officer: Vice Chair, Chief Innovation RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Joyce F Brown director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Valerie Hermann officer: Pres., RL Luxury Collections RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Ricky Lauren 10 percent owner C/O TIEDEMANN ADVISORS, 520 MADISON AVE, NEW YORK NY 10022

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