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Dorel Industries (Dorel Industries) Cyclically Adjusted Book per Share : $26.39 (As of Mar. 2024)


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What is Dorel Industries 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.

Dorel Industries's adjusted book value per share for the three months ended in Mar. 2024 was $6.311. 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 $26.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dorel Industries's average Cyclically Adjusted Book Growth Rate was -9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.70% 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 Dorel Industries was 26.50% per year. The lowest was -4.30% per year. And the median was 6.05% per year.

As of today (2024-05-19), Dorel Industries's current stock price is $4.5955. Dorel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $26.39. Dorel Industries's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dorel Industries was 1.20. The lowest was 0.04. And the median was 0.51.


Dorel Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Cyclically Adjusted Book per Share Chart

Dorel Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.89 30.12 33.15 29.43 26.14

Dorel Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.81 26.95 27.92 26.14 26.39

Competitive Comparison of Dorel Industries's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Dorel Industries'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.


Dorel Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dorel Industries 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, Dorel Industries's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.311/126.2576*126.2576
=6.311

Current CPI (Mar. 2024) = 126.2576.

Dorel Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.593 99.473 54.062
201409 41.431 99.394 52.629
201412 37.345 98.367 47.934
201503 35.509 99.789 44.927
201506 36.081 100.500 45.328
201509 34.455 100.421 43.320
201512 34.095 99.947 43.070
201603 35.068 101.054 43.814
201606 33.359 102.002 41.292
201609 33.607 101.765 41.696
201612 32.592 101.449 40.562
201703 32.826 102.634 40.382
201706 33.353 103.029 40.873
201709 34.014 103.345 41.555
201712 33.668 103.345 41.133
201803 33.824 105.004 40.670
201806 32.095 105.557 38.389
201809 31.808 105.636 38.017
201812 17.914 105.399 21.459
201903 16.942 106.979 19.995
201906 16.891 107.690 19.803
201909 16.168 107.611 18.970
201912 16.468 107.769 19.293
202003 13.927 107.927 16.292
202006 14.237 108.401 16.582
202009 15.501 108.164 18.094
202012 15.266 108.559 17.755
202103 15.566 110.298 17.818
202106 16.541 111.720 18.693
202109 15.137 112.905 16.927
202112 14.427 113.774 16.010
202203 11.646 117.646 12.499
202206 11.124 120.806 11.626
202209 10.008 120.648 10.473
202212 8.641 120.964 9.019
202303 7.724 122.702 7.948
202306 7.307 124.203 7.428
202309 6.931 125.230 6.988
202312 6.903 125.072 6.968
202403 6.311 126.258 6.311

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


Dorel Industries  (OTCPK:DIIBF) 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.

Dorel Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.5955/26.39
=0.17

* 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 Dorel Industries was 1.20. The lowest was 0.04. And the median was 0.51.


Be Aware

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


Dorel Industries Cyclically Adjusted Book per Share Related Terms

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


Dorel Industries (Dorel Industries) Business Description

Traded in Other Exchanges
Address
1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4
Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.