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Dick's Sporting Goods (FRA:DSG) Cyclically Adjusted Book per Share : €24.88 (As of Apr. 2024)


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What is Dick's Sporting Goods 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.

Dick's Sporting Goods's adjusted book value per share for the three months ended in Apr. 2024 was €31.077. 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 €24.88 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Dick's Sporting Goods's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 Dick's Sporting Goods was 24.50% per year. The lowest was 8.60% per year. And the median was 12.10% per year.

As of today (2024-06-09), Dick's Sporting Goods's current stock price is €192.50. Dick's Sporting Goods's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €24.88. Dick's Sporting Goods's Cyclically Adjusted PB Ratio of today is 7.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dick's Sporting Goods was 8.73. The lowest was 1.00. And the median was 4.37.


Dick's Sporting Goods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dick's Sporting Goods'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.

Dick's Sporting Goods Cyclically Adjusted Book per Share Chart

Dick's Sporting Goods 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 15.49 14.98 18.83 20.90 24.15

Dick's Sporting Goods Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 21.74 21.53 22.46 24.15 24.88

Competitive Comparison of Dick's Sporting Goods's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Dick's Sporting Goods'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.


Dick's Sporting Goods's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Dick's Sporting Goods 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, Dick's Sporting Goods's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=31.077/131.7762*131.7762
=31.077

Current CPI (Apr. 2024) = 131.7762.

Dick's Sporting Goods Quarterly Data

Book Value per Share CPI Adj_Book
201407 10.542 100.520 13.820
201410 11.185 100.176 14.713
201501 14.825 98.604 19.813
201504 13.871 99.824 18.311
201507 14.324 100.691 18.746
201510 13.564 100.346 17.812
201601 14.746 99.957 19.440
201604 14.203 100.947 18.541
201607 14.971 101.524 19.432
201610 15.072 101.988 19.474
201701 16.439 102.456 21.143
201704 16.548 103.167 21.137
201707 15.539 103.278 19.827
201710 15.273 104.070 19.339
201801 15.452 104.578 19.471
201804 15.475 105.708 19.291
201807 16.910 106.324 20.958
201810 16.952 106.695 20.937
201901 17.774 106.200 22.055
201904 17.811 107.818 21.769
201907 18.144 108.250 22.087
201910 18.398 108.577 22.329
202001 18.674 108.841 22.609
202004 18.289 108.173 22.280
202007 19.956 109.318 24.056
202010 21.297 109.861 25.545
202101 22.616 110.364 27.004
202104 25.634 112.673 29.980
202107 30.213 115.183 34.565
202110 26.501 116.696 29.926
202201 24.571 118.619 27.296
202204 26.049 121.978 28.141
202207 28.175 125.002 29.702
202210 29.949 125.734 31.388
202301 28.513 126.223 29.767
202304 28.617 127.992 29.463
202307 28.542 128.974 29.162
202310 28.110 129.810 28.536
202401 29.881 130.124 30.260
202404 31.077 131.776 31.077

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


Dick's Sporting Goods  (FRA:DSG) 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.

Dick's Sporting Goods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=192.50/24.88
=7.74

* 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 Dick's Sporting Goods was 8.73. The lowest was 1.00. And the median was 4.37.


Be Aware

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


Dick's Sporting Goods Cyclically Adjusted Book per Share Related Terms

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


Dick's Sporting Goods (FRA:DSG) Business Description

Traded in Other Exchanges
Address
345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 135 specialty stores under the Golf Galaxy, Moosejaw, and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.

Dick's Sporting Goods (FRA:DSG) Headlines