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Delta Apparel (Delta Apparel) Cyclically Adjusted PB Ratio : 0.05 (As of May. 19, 2024)


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What is Delta Apparel Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Delta Apparel's current share price is $1.37. Delta Apparel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.13. Delta Apparel's Cyclically Adjusted PB Ratio for today is 0.05.

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

DLA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 1.03   Max: 1.63
Current: 0.05

During the past years, Delta Apparel's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.05. And the median was 1.03.

DLA's Cyclically Adjusted PB Ratio is ranked better than
98.51% of 672 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.02 vs DLA: 0.05

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.

Delta Apparel's adjusted book value per share data for the three months ended in Mar. 2024 was $15.128. 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 $25.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Apparel Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Delta Apparel'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.

Delta Apparel Cyclically Adjusted PB Ratio Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 0.70 1.26 0.58 0.26

Delta Apparel 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 0.45 0.42 0.26 0.29 0.12

Competitive Comparison of Delta Apparel's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Delta Apparel'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.


Delta Apparel's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Apparel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Delta Apparel 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.

Delta Apparel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.37/25.13
=0.05

* 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.

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

For example, Delta Apparel'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)
=15.128/131.7762*131.7762
=15.128

Current CPI (Mar. 2024) = 131.7762.

Delta Apparel Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.633 100.560 23.107
201409 17.544 100.428 23.020
201412 16.969 99.070 22.571
201503 17.478 99.621 23.119
201506 17.995 100.684 23.552
201509 18.532 100.392 24.326
201512 18.640 99.792 24.614
201603 19.171 100.470 25.145
201606 19.568 101.688 25.358
201609 19.976 101.861 25.843
201612 19.776 101.863 25.584
201703 20.397 102.862 26.130
201706 20.983 103.349 26.755
201709 21.354 104.136 27.022
201712 19.718 104.011 24.982
201803 20.342 105.290 25.459
201806 21.115 106.317 26.171
201809 21.713 106.507 26.865
201812 20.850 105.998 25.921
201903 21.018 107.251 25.824
201906 21.740 108.070 26.509
201909 22.274 108.329 27.095
201912 22.153 108.420 26.925
202003 22.371 108.902 27.070
202006 19.895 108.767 24.104
202009 20.785 109.815 24.942
202012 20.612 109.897 24.716
202103 21.311 111.754 25.129
202106 22.559 114.631 25.933
202109 23.636 115.734 26.912
202112 23.738 117.630 26.593
202203 25.328 121.301 27.515
202206 26.372 125.017 27.798
202209 26.516 125.227 27.903
202212 25.711 125.222 27.057
202303 24.759 127.348 25.620
202306 23.914 128.729 24.480
202309 21.554 129.860 21.872
202312 20.236 129.419 20.605
202403 15.128 131.776 15.128

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.


Delta Apparel  (AMEX:DLA) 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.


Delta Apparel Cyclically Adjusted PB Ratio Related Terms

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


Delta Apparel (Delta Apparel) Business Description

Traded in Other Exchanges
Address
2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.
Executives
Jeffery Neil Stillwell officer: President, Salt Life Group 24 12TH STREET, COLUMBUS GA 29601
Billy Charles Hardgrave director 2750 PREMIERE PKWY., SUITE 100, DULUTH GA 30097
Glenda E Hood director
David G Whalen director 4 HOLLY LANE, BARRINGTON RI 02806
James Bradley Campbell director 215 MCDANIEL AVENUE, GREENVILLE SC 29601
Nancy P Bubanich officer: VP & Chief Accounting Officer 201 WEST MCBEE AVENUE, SUITE 320, GREENVILLE SC 29601
George Jay Gogue director 322 S. MAIN STREET, GREENVILLE SC 29601
Justin Marshall Grow officer: General Counsel 322 S. MAIN STREET, GREENVILLE SC 29601
Taylor A Alexander Ii director 4080 JENKINS ROAD, CHATTANOOGA TN 31421
Sonya E Medina director P.O. BOX 99900, LOUISVILLE KY 40269
Matthew Joel Miller officer: President, Delta Group 2859 PACES FERRY RD., #2000, ATLANTA GA 30339
Deborah H Merrill officer: VP Chief Accounting Officer 2750 PREMIERE PARKWAY, DULUTH GA 30097
Simone C Walsh officer: VP, CFO & Treasurer 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Encalada Arjona Carlos Enrique officer: V.P. of Manufacturing 322 SOUTH MAIN STREET, GREENVILLE SC 29601
Sandra Lauren Satterfield officer: Deputy GC & Corp. Secretary 2750 PREMIERE PARKWAY, SUITE 100, DULUTH SC 29601

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