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Domino's Pizza (BSP:D2PZ34) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Domino's Pizza Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Domino's Pizza Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Domino's Pizza'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.

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Domino's Pizza Cyclically Adjusted PB Ratio Chart

Domino's Pizza Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Domino's Pizza Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Domino's Pizza's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Domino's Pizza'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.


Domino's Pizza's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Domino's Pizza's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Domino's Pizza 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.

Domino's Pizza's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Domino's Pizza'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)
=-11.471/131.7762*131.7762
=-11.471

Current CPI (Mar. 2024) = 131.7762.

Domino's Pizza Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.046 100.560 -1.371
201409 -1.090 100.428 -1.430
201412 -1.160 99.070 -1.543
201503 -1.377 99.621 -1.821
201506 -1.412 100.684 -1.848
201509 -1.794 100.392 -2.355
201512 -2.804 99.792 -3.703
201603 -2.554 100.470 -3.350
201606 -2.712 101.688 -3.514
201609 -2.620 101.861 -3.389
201612 -2.626 101.863 -3.397
201703 -2.411 102.862 -3.089
201706 -2.463 103.349 -3.140
201709 -3.961 104.136 -5.012
201712 -4.202 104.011 -5.324
201803 -4.263 105.290 -5.335
201806 -5.276 106.317 -6.539
201809 -5.875 106.507 -7.269
201812 -5.762 105.998 -7.163
201903 -5.563 107.251 -6.835
201906 -5.432 108.070 -6.624
201909 -5.914 108.329 -7.194
201912 -7.202 108.420 -8.753
202003 -8.491 108.902 -10.275
202006 -8.658 108.767 -10.490
202009 -8.803 109.815 -10.563
202012 -8.737 109.897 -10.476
202103 -9.395 111.754 -11.078
202106 -11.299 114.631 -12.989
202109 -11.976 115.734 -13.636
202112 -13.174 117.630 -14.758
202203 -11.596 121.301 -12.597
202206 -11.756 125.017 -12.392
202209 -12.788 125.227 -13.457
202212 -12.407 125.222 -13.056
202303 -12.242 127.348 -12.668
202306 -11.537 128.729 -11.810
202309 -11.728 129.860 -11.901
202312 -11.486 129.419 -11.695
202403 -11.471 131.776 -11.471

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.


Domino's Pizza  (BSP:D2PZ34) 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.


Domino's Pizza Cyclically Adjusted PB Ratio Related Terms

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Domino's Pizza (BSP:D2PZ34) Business Description

Traded in Other Exchanges
Address
30 Frank Lloyd Wright Drive, Ann Arbor, MI, USA, 48105
Domino's is a restaurant operator and franchiser with nearly 20,000 global stores across more than 90 international markets at the end of 2022. The firm generates revenue through the sales of pizza, wings, salads, sandwiches, and desserts at company-owned stores, royalty and marketing contributions from franchise-operated stores, and its network of 26 domestic (and five Canadian) dough manufacturing and supply chain facilities, which centralize purchasing, preparation, and last-mile delivery for the firm's U.S. and Canadian restaurants. With roughly $17.7 billion in 2022 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Little Caesars, and Papa John's.

Domino's Pizza (BSP:D2PZ34) Headlines

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