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Dorman Products (Dorman Products) Cyclically Adjusted Book per Share : $27.27 (As of Mar. 2024)


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What is Dorman Products 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.

Dorman Products's adjusted book value per share for the three months ended in Mar. 2024 was $37.872. 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 $27.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dorman Products's average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.90% 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 Dorman Products was 15.80% per year. The lowest was 8.30% per year. And the median was 13.40% per year.

As of today (2024-05-26), Dorman Products's current stock price is $92.00. Dorman Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.27. Dorman Products's Cyclically Adjusted PB Ratio of today is 3.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dorman Products was 9.06. The lowest was 2.60. And the median was 5.88.


Dorman Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dorman Products'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.

Dorman Products Cyclically Adjusted Book per Share Chart

Dorman Products 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 15.00 16.94 20.02 23.30 26.24

Dorman Products 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 24.22 25.01 25.77 26.24 27.27

Competitive Comparison of Dorman Products's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Dorman Products'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.


Dorman Products's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dorman Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dorman Products 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, Dorman Products'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)
=37.872/131.7762*131.7762
=37.872

Current CPI (Mar. 2024) = 131.7762.

Dorman Products Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.433 100.560 16.293
201409 12.495 100.428 16.395
201412 12.975 99.070 17.259
201503 13.539 99.621 17.909
201506 14.170 100.684 18.546
201509 14.809 100.392 19.439
201512 14.859 99.792 19.621
201603 15.344 100.470 20.125
201606 15.960 101.688 20.682
201609 16.732 101.861 21.646
201612 17.430 101.863 22.549
201703 17.997 102.862 23.056
201706 18.294 103.349 23.326
201709 18.582 104.136 23.514
201712 18.909 104.011 23.957
201803 19.614 105.290 24.548
201806 20.286 106.317 25.144
201809 21.181 106.507 26.206
201812 22.046 105.998 27.408
201903 22.516 107.251 27.665
201906 22.889 108.070 27.910
201909 23.564 108.329 28.664
201912 23.760 108.420 28.878
202003 24.381 108.902 29.502
202006 24.880 108.767 30.143
202009 25.735 109.815 30.882
202012 26.534 109.897 31.817
202103 27.520 111.754 32.450
202106 28.000 114.631 32.188
202109 28.571 115.734 32.531
202112 29.510 117.630 33.059
202203 30.477 121.301 33.109
202206 31.534 125.017 33.239
202209 32.497 125.227 34.197
202212 33.172 125.222 34.908
202303 33.339 127.348 34.498
202306 34.491 128.729 35.308
202309 35.827 129.860 36.356
202312 37.323 129.419 38.003
202403 37.872 131.776 37.872

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


Dorman Products  (NAS:DORM) 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.

Dorman Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=92.00/27.27
=3.37

* 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 Dorman Products was 9.06. The lowest was 2.60. And the median was 5.88.


Be Aware

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


Dorman Products Cyclically Adjusted Book per Share Related Terms

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


Dorman Products (Dorman Products) Business Description

Traded in Other Exchanges
N/A
Address
3400 East Walnut Street, Colmar, PA, USA, 18915
Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates primarily in the United States.
Executives
G. Michael Stakias director C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lindsay Hunt officer: Pres and CEO, Specialty Vehicl 3400 EAST WALNUT STREET, COLMAR PA 18915
Brian Borradaile officer: SVP, Strategy & Corp Dev 3400 EAST WALNUT STREET, COLMAR PA 18915
Eric Luftig officer: Senior Vice President, Product 3400 EAST WALNUT STREET, COLMAR PA 18915
Jeffery Darby officer: SVP, Sales C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Steven L Berman director, 10 percent owner, officer: President, COO
James Darrell Thomas director 3700 JUNEAU AVENUE, MILWAUKEE WI 53208
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Donna M. Long officer: SVP, CIO 3400 EAST WALNUT STREET, COLMAR PA 18915
John Mcknight officer: SVP, Operations 3400 EAST WALNUT STREET, COLMAR PA 19103
Paul E Anderson officer: President, Heavy Duty 3400 EAST WALNUT STREET, COLMAR PA 18915
Scott Leff officer: SVP, CHRO 3400 EAST WALNUT STREET, COLMAR PA 18915
Michael Kealey officer: SVP, Product C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lisa M Bachmann director 300 PHILLIPI ROAD, COLUMBUS OH 43228
Joseph P. Braun officer: SVP and General Counsel C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915

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