GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lululemon Athletica Inc (NAS:LULU) » Definitions » Cyclically Adjusted PB Ratio

LULU (Lululemon Athletica) Cyclically Adjusted PB Ratio : 12.31 (As of Jul. 04, 2025)


View and export this data going back to 2007. Start your Free Trial

What is Lululemon Athletica Cyclically Adjusted PB Ratio?

As of today (2025-07-04), Lululemon Athletica's current share price is $247.68. Lululemon Athletica's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was $20.12. Lululemon Athletica's Cyclically Adjusted PB Ratio for today is 12.31.

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

LULU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.24   Med: 21.95   Max: 43.31
Current: 12.24

During the past years, Lululemon Athletica's highest Cyclically Adjusted PB Ratio was 43.31. The lowest was 9.24. And the median was 21.95.

LULU's Cyclically Adjusted PB Ratio is ranked worse than
94.99% of 778 companies
in the Retail - Cyclical industry
Industry Median: 1.235 vs LULU: 12.24

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.

Lululemon Athletica's adjusted book value per share data for the three months ended in Apr. 2025 was $35.739. 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 $20.12 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lululemon Athletica Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lululemon Athletica'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.

Lululemon Athletica Cyclically Adjusted PB Ratio Chart

Lululemon Athletica Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.04 28.27 21.69 27.42 21.54

Lululemon Athletica Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 20.75 14.29 15.98 21.54 13.46

Competitive Comparison of Lululemon Athletica's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Lululemon Athletica'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.


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

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

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


;
;

Lululemon Athletica 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.

Lululemon Athletica's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=247.68/20.12
=12.31

* 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.

Lululemon Athletica's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Lululemon Athletica's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=35.739/129.1809*129.1809
=35.739

Current CPI (Apr. 2025) = 129.1809.

Lululemon Athletica Quarterly Data

Book Value per Share CPI Adj_Book
201507 7.773 100.579 9.983
201510 7.605 100.500 9.775
201601 7.484 100.184 9.650
201604 8.284 101.370 10.557
201607 8.437 101.844 10.702
201610 8.787 102.002 11.128
201701 9.921 102.318 12.526
201704 9.843 103.029 12.341
201707 10.318 103.029 12.937
201710 10.499 103.424 13.114
201801 12.710 104.056 15.779
201804 12.059 105.320 14.791
201807 9.969 106.110 12.136
201810 10.622 105.952 12.951
201901 11.186 105.557 13.689
201904 10.491 107.453 12.612
201907 11.568 108.243 13.806
201910 12.654 107.927 15.146
202001 14.977 108.085 17.900
202004 14.720 107.216 17.736
202007 15.356 108.401 18.300
202010 16.595 108.638 19.733
202101 19.628 109.192 23.221
202104 20.264 110.851 23.615
202107 20.572 112.431 23.637
202110 20.554 113.695 23.354
202201 21.323 114.801 23.994
202204 20.855 118.357 22.762
202207 22.408 120.964 23.930
202210 23.833 121.517 25.336
202301 24.731 121.596 26.274
202304 26.098 123.571 27.283
202307 27.882 124.914 28.834
202310 27.930 125.310 28.793
202401 33.529 125.072 34.630
202404 33.601 126.890 34.208
202407 32.585 128.075 32.866
202410 32.627 127.838 32.970
202501 35.653 127.443 36.139
202504 35.739 129.181 35.739

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.


Lululemon Athletica  (NAS:LULU) 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.


Lululemon Athletica Cyclically Adjusted PB Ratio Related Terms

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


Lululemon Athletica Business Description

Address
1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. The company offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. Lululemon also sells fitness accessories, such as bags, yoga mats, and equipment. It sells its products through digital channels, a small number of wholesale partners, more than 760 company-owned stores in about two dozen countries in North America, Asia, and Western Europe, and about 40 franchised locations in the Middle East. The company was founded in 1998 and is based in Vancouver, Canada.
Executives
Nicole Neuburger officer: Chief Brand Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Celeste Burgoyne officer: Pres Americas&Global Guest C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVE, VANCOUVER A1 V6J 1C7
Calvin Mcdonald director, officer: Chief Executive Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Morfitt Martha A M director P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Meghan Frank officer: Chief Financial Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Shane Grant director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Michelle Sun Choe officer: Chief Product Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVE, VANCOUVER A1 V6J 1C7
David M Mussafer director C/O ADVENT INTERNATIONAL CORP, 75 STATE ST 29TH FLOOR, BOSTON MA 02104
Isabel Mahe director ONE APPLE PARK WAY, MS169:2CL, CUPERTINO CA 95014
Kathryn Henry director C/O LULULEMON ATHLETICA, INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Kourtney Gibson director C/O MARKETAXESS HOLDINGS INC., 55 HUDSON YARDS, 15TH FLOOR, NEW YORK NY 10001
Alison Loehnis director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J1C7
Andre Maestrini officer: EVP, International C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Stephanie Ferris director C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Martin Michael Casey director