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Dexco (BSP:DXCO3) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 08, 2024)


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What is Dexco Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Dexco's current share price is R$7.01. Dexco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$8.03. Dexco's Cyclically Adjusted PB Ratio for today is 0.87.

The historical rank and industry rank for Dexco's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:DXCO3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.47   Max: 2.79
Current: 0.87

During the past years, Dexco's highest Cyclically Adjusted PB Ratio was 2.79. The lowest was 0.71. And the median was 1.47.

BSP:DXCO3's Cyclically Adjusted PB Ratio is ranked better than
52.24% of 245 companies
in the Forest Products industry
Industry Median: 0.92 vs BSP:DXCO3: 0.87

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.

Dexco's adjusted book value per share data for the three months ended in Mar. 2024 was R$7.886. 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 R$8.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dexco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dexco'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.

* Premium members only.

Dexco Cyclically Adjusted PB Ratio Chart

Dexco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.29 1.81 0.87 1.01

Dexco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 0.74 1.06 0.97 1.01 0.96

Competitive Comparison of Dexco's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Dexco'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.


Dexco's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dexco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dexco 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.

Dexco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.01/8.03
=0.87

* 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.

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

For example, Dexco'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)
=7.886/159.3724*159.3724
=7.886

Current CPI (Mar. 2024) = 159.3724.

Dexco Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.443 91.838 9.446
201409 5.559 92.602 9.567
201412 5.573 94.194 9.429
201503 5.645 97.799 9.199
201506 5.656 100.006 9.014
201509 5.733 101.392 9.011
201512 5.560 104.247 8.500
201603 5.580 106.979 8.313
201606 5.442 108.851 7.968
201609 5.479 109.986 7.939
201612 5.479 110.802 7.881
201703 5.475 111.869 7.800
201706 5.511 112.115 7.834
201709 5.608 112.777 7.925
201712 5.654 114.068 7.900
201803 5.719 114.868 7.935
201806 5.989 117.038 8.155
201809 6.461 117.881 8.735
201812 5.554 118.340 7.480
201903 5.596 120.124 7.424
201906 5.666 120.977 7.464
201909 5.710 121.292 7.503
201912 5.908 123.436 7.628
202003 5.719 124.092 7.345
202006 5.655 123.557 7.294
202009 5.842 125.095 7.443
202012 6.207 129.012 7.668
202103 6.042 131.660 7.314
202106 6.798 133.871 8.093
202109 7.246 137.913 8.373
202112 6.909 141.992 7.755
202203 6.813 146.537 7.410
202206 7.106 149.784 7.561
202209 7.311 147.800 7.883
202212 7.268 150.207 7.711
202303 7.350 153.352 7.639
202306 7.466 154.519 7.701
202309 7.934 155.464 8.133
202312 7.924 157.148 8.036
202403 7.886 159.372 7.886

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.


Dexco  (BSP:DXCO3) 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.


Dexco Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Dexco's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dexco (BSP:DXCO3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Paulista Avenue, 1938, 5th floor, Sao Paulo, SP, BRA, 01310-942
Dexco SA is engaged in the production of wooden panels, vitreous chinaware, metal bathroom fittings and showers, and ceramic and cement floors. It operates in these segments; The Wood segment operates four industrial units in Brazil and three in Colombia producing MDP panels (medium density panels), MDF and HDF panels (medium and high fiber density panels), under the Duratex brand, the Durafloor brand for laminates and semi-finished components for furniture, The Deca segment operates eight industrial units in Brazil, producing vitreous chinaware, metal fittings, and showers, under the brands Deca, Hydra, Belize, Elizabeth, and Hydra Corona, and the Ceramic Tile segment operates four industrial plants in Brazil, producing ceramic tiles, under the Ceusa, Portinari, and Castelatto brands.

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