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Doman Building Materials Group (TSX:DBM) Cyclically Adjusted Book per Share : C$5.68 (As of Mar. 2024)


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What is Doman Building Materials Group 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.

Doman Building Materials Group's adjusted book value per share for the three months ended in Mar. 2024 was C$6.891. 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 C$5.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Doman Building Materials Group's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Doman Building Materials Group was 7.10% per year. The lowest was -5.40% per year. And the median was -3.45% per year.

As of today (2024-06-04), Doman Building Materials Group's current stock price is C$7.11. Doman Building Materials Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$5.68. Doman Building Materials Group's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Doman Building Materials Group was 2.22. The lowest was 0.64. And the median was 1.18.


Doman Building Materials Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Doman Building Materials Group'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.

Doman Building Materials Group Cyclically Adjusted Book per Share Chart

Doman Building Materials Group 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 4.76 4.53 4.76 5.21 5.57

Doman Building Materials Group 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 5.33 5.43 5.53 5.57 5.68

Competitive Comparison of Doman Building Materials Group's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, Doman Building Materials Group'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.


Doman Building Materials Group's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Doman Building Materials Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Doman Building Materials Group's Cyclically Adjusted PB Ratio falls into.



Doman Building Materials Group 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, Doman Building Materials Group'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)
=6.891/126.2576*126.2576
=6.891

Current CPI (Mar. 2024) = 126.2576.

Doman Building Materials Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.593 99.473 4.560
201409 3.673 99.394 4.666
201412 3.530 98.367 4.531
201503 3.357 99.789 4.247
201506 3.435 100.500 4.315
201509 5.897 100.421 7.414
201512 3.983 99.947 5.031
201603 3.734 101.054 4.665
201606 4.463 102.002 5.524
201609 4.747 101.765 5.890
201612 4.558 101.449 5.673
201703 4.528 102.634 5.570
201706 4.522 103.029 5.542
201709 4.516 103.345 5.517
201712 4.639 103.345 5.668
201803 4.650 105.004 5.591
201806 4.749 105.557 5.680
201809 4.681 105.636 5.595
201812 4.671 105.399 5.595
201903 4.474 106.979 5.280
201906 4.380 107.690 5.135
201909 4.347 107.611 5.100
201912 4.222 107.769 4.946
202003 4.286 107.927 5.014
202006 4.189 108.401 4.879
202009 4.408 108.164 5.145
202012 4.370 108.559 5.082
202103 4.632 110.298 5.302
202106 5.640 111.720 6.374
202109 5.773 112.905 6.456
202112 5.741 113.774 6.371
202203 6.000 117.646 6.439
202206 6.303 120.806 6.587
202209 6.709 120.648 7.021
202212 6.535 120.964 6.821
202303 6.559 122.702 6.749
202306 6.603 124.203 6.712
202309 6.860 125.230 6.916
202312 6.679 125.072 6.742
202403 6.891 126.258 6.891

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


Doman Building Materials Group  (TSX:DBM) 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.

Doman Building Materials Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.11/5.68
=1.25

* 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 Doman Building Materials Group was 2.22. The lowest was 0.64. And the median was 1.18.


Be Aware

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


Doman Building Materials Group Cyclically Adjusted Book per Share Related Terms

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


Doman Building Materials Group (TSX:DBM) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 1600, PO Box 39, Vancouver, BC, CAN, V6E 4A6
Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns. Its operations also include timber ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through CanWel Fibre Corp. Its operating segments are Building Materials and Other. Geographically the group has a business presence in Canada and the U.S.
Executives
Siegfried Josef Thoma Director

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