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DallasNews (DallasNews) Cyclically Adjusted PB Ratio : 0.24 (As of May. 21, 2024)


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What is DallasNews Cyclically Adjusted PB Ratio?

As of today (2024-05-21), DallasNews's current share price is $3.89. DallasNews's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.10. DallasNews's Cyclically Adjusted PB Ratio for today is 0.24.

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

DALN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.69   Max: 1.24
Current: 0.24

During the past years, DallasNews's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.20. And the median was 0.69.

DALN's Cyclically Adjusted PB Ratio is ranked better than
90.29% of 659 companies
in the Media - Diversified industry
Industry Median: 1.12 vs DALN: 0.24

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.

DallasNews's adjusted book value per share data for the three months ended in Mar. 2024 was $0.317. 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 $16.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DallasNews Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DallasNews'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.

DallasNews Cyclically Adjusted PB Ratio Chart

DallasNews 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 0.96 1.14 1.24 0.21 0.25

DallasNews 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 0.24 0.21 0.26 0.25 0.24

Competitive Comparison of DallasNews's Cyclically Adjusted PB Ratio

For the Publishing subindustry, DallasNews'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.


DallasNews's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, DallasNews's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DallasNews 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.89/16.1
=0.24

* 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.

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

For example, DallasNews'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)
=0.317/131.7762*131.7762
=0.317

Current CPI (Mar. 2024) = 131.7762.

DallasNews Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.078 100.560 35.484
201409 29.995 100.428 39.358
201412 23.092 99.070 30.716
201503 22.862 99.621 30.241
201506 22.426 100.684 29.351
201509 21.452 100.392 28.158
201512 21.920 99.792 28.945
201603 21.467 100.470 28.156
201606 20.807 101.688 26.964
201609 20.402 101.861 26.394
201612 16.224 101.863 20.988
201703 14.118 102.862 18.086
201706 13.672 103.349 17.433
201709 15.618 104.136 19.763
201712 17.977 104.011 22.776
201803 16.944 105.290 21.206
201806 16.529 106.317 20.487
201809 16.060 106.507 19.870
201812 9.395 105.998 11.680
201903 12.176 107.251 14.960
201906 14.998 108.070 18.288
201909 10.354 108.329 12.595
201912 10.787 108.420 13.111
202003 10.205 108.902 12.349
202006 9.448 108.767 11.447
202009 9.311 109.815 11.173
202012 8.670 109.897 10.396
202103 8.061 111.754 9.505
202106 7.691 114.631 8.841
202109 7.903 115.734 8.998
202112 7.955 117.630 8.912
202203 7.325 121.301 7.958
202206 6.738 125.017 7.102
202209 4.619 125.227 4.861
202212 2.310 125.222 2.431
202303 1.657 127.348 1.715
202306 1.333 128.729 1.365
202309 0.908 129.860 0.921
202312 0.553 129.419 0.563
202403 0.317 131.776 0.317

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.


DallasNews  (NAS:DALN) 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.


DallasNews Cyclically Adjusted PB Ratio Related Terms

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


DallasNews (DallasNews) Business Description

Traded in Other Exchanges
N/A
Address
P. O. Box 224866, Dallas, TX, USA, 75222-4866
DallasNews Corp is a local news and information publishing company in Texas with commercial printing, distribution, and direct mail capabilities, as well as a presence in emerging media and digital marketing.
Executives
Dunia A Shive director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Christine E Larkin officer: VP/General Counsel 508 YOUNG ST., DALLAS TX 75202
John A Beckert director C/O A. H. BELO CORPORATION, P.O. BOX 224866, DALLAS TX 75222-4866
Mary K Murray officer: SVP/CFO, Treas. & Asst. Sec'y C/O A. H. BELO CORPORATION, 508 YOUNG STREET, DALLAS TX 75202
Grant Moise officer: SVP/Bus Dev-Dallas MN 508 YOUNG STREET, DALLAS TX 75202
Robert W Decherd director, officer: Chairman, President & CEO
Moroney James M Iii officer: EVP/Publ & CEO Dallas News
Michael Joseph Ohara officer: SVP/CIO 508 YOUNG ST., DALLAS TX 75202
Timothy Michael Storer officer: President/DMV Portfolio 508 YOUNG STREET, DALLAS TX 75202
Julie Kaye Hoagland officer: SVP/Chief People Officer 508 YOUNG STREET, DALLAS TX 75202
Dealey D Herndon director HERNDON, DEALEY D, P O BOX 655237, DALLAS TX 75265-5237
Leslie Nicole Purcell officer: SVP/Chief Digital Officer 508 YOUNG STREET, DALLAS TX 75202
Michael J. Wilson officer: Dallas Morning News Editor 508 YOUNG STREET, DALLAS TX 75202
Daniel J Blizzard officer: Senior Vice President 400 SOUTH RECORD STREET, DALLAS TX 75202
Alison K Engel officer: SVP/CFO and Treasurer 400 SOUTH RECORD STREET, DALLAS TX 75202