GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dimeco Inc (OTCPK:DIMC) » Definitions » Cyclically Adjusted PB Ratio

Dimeco (Dimeco) Cyclically Adjusted PB Ratio : 1.14 (As of May. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Dimeco Cyclically Adjusted PB Ratio?

As of today (2024-05-08), Dimeco's current share price is $37.00. Dimeco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $32.46. Dimeco's Cyclically Adjusted PB Ratio for today is 1.14.

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

DIMC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.57   Max: 2.54
Current: 1.14

During the past years, Dimeco's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 1.03. And the median was 1.57.

DIMC's Cyclically Adjusted PB Ratio is ranked worse than
63.46% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs DIMC: 1.14

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.

Dimeco's adjusted book value per share data for the three months ended in Mar. 2024 was $39.071. 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 $32.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dimeco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dimeco'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.

Dimeco Cyclically Adjusted PB Ratio Chart

Dimeco Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.39 1.40 1.48 1.08

Dimeco Quarterly Data
Sep12 Dec12 Dec16 Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.48 1.23 1.06 1.08 1.07

Competitive Comparison of Dimeco's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Dimeco'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.


Dimeco's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dimeco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dimeco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.00/32.46
=1.14

* 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.

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

For example, Dimeco'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)
=39.071/129.4194*129.4194
=39.071

Current CPI (Mar. 2024) = 129.4194.

Dimeco Quarterly Data

Book Value per Share CPI Adj_Book
200709 16.341 87.964 24.042
200712 17.477 88.616 25.524
200803 17.788 90.090 25.554
200806 18.158 92.320 25.455
200809 18.360 92.307 25.742
200812 19.024 88.697 27.758
200903 19.183 89.744 27.664
200906 19.483 91.003 27.708
200909 19.951 91.120 28.337
200912 20.138 91.111 28.605
201003 20.213 91.821 28.490
201006 20.563 91.962 28.939
201009 20.976 92.162 29.456
201012 21.140 92.474 29.586
201103 21.479 94.283 29.484
201106 22.176 95.235 30.136
201109 22.640 95.727 30.608
201112 22.963 95.213 31.213
201203 23.392 96.783 31.280
201206 23.954 96.819 32.020
201209 24.200 97.633 32.079
201212 24.567 96.871 32.821
201612 0.000 101.863 0.000
201712 29.838 104.011 37.127
201812 31.973 105.998 39.038
201912 0.000 108.420 0.000
202009 0.000 109.815 0.000
202012 38.063 109.897 44.825
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 39.595 115.734 44.277
202112 39.609 117.630 43.579
202203 36.736 121.301 39.195
202206 34.463 125.017 35.677
202209 33.191 125.227 34.302
202212 34.451 125.222 35.606
202303 36.268 127.348 36.858
202309 35.100 129.860 34.981
202312 38.900 129.419 38.900
202403 39.071 129.419 39.071

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.


Dimeco  (OTCPK:DIMC) 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.


Dimeco Cyclically Adjusted PB Ratio Related Terms

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


Dimeco (Dimeco) Business Description

Industry
Traded in Other Exchanges
N/A
Address
820 Church Street, P.O Box 509, Honesdale, PA, USA, 18431
Dimeco Inc is a United States-based holding company. It provides a range of lending, depository, and financial services to individuals and small to medium-sized businesses. The bank offers an array of financial services and solutions ranging from traditional products to electronic banking, and wealth management services. It also offers personal banking services, business banking services, loans, and credit facilities and others.
Executives
Henry M Skier director
Todd J Stephens director 820 CHURCH STREET, HONESDALE PA 18431
Gary C Beilman officer: Chief Executive Officer
Robert E Genirs director
Pete Bochnovich officer: Vice President
Barbara J Genzlinger director
John F Spall director
William E Schwarz director
Thomas A Peifer director
Maureen H Beilman officer: Chief Financial Officer
John S Kiesendahl director
Joseph J Murray officer: President

Dimeco (Dimeco) Headlines

No Headlines