GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DLH Holdings Corp (NAS:DLHC) » Definitions » Cyclically Adjusted PB Ratio

DLH Holdings (DLH Holdings) Cyclically Adjusted PB Ratio : 2.22 (As of May. 26, 2024)


View and export this data going back to 1995. Start your Free Trial

What is DLH Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-26), DLH Holdings's current share price is $10.53. DLH Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.74. DLH Holdings's Cyclically Adjusted PB Ratio for today is 2.22.

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

DLHC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 2.53   Max: 7.02
Current: 2.22

During the past years, DLH Holdings's highest Cyclically Adjusted PB Ratio was 7.02. The lowest was 0.16. And the median was 2.53.

DLHC's Cyclically Adjusted PB Ratio is ranked worse than
62.9% of 663 companies
in the Business Services industry
Industry Median: 1.59 vs DLHC: 2.22

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.

DLH Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $7.502. 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 $4.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DLH Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DLH Holdings'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.

DLH Holdings Cyclically Adjusted PB Ratio Chart

DLH Holdings 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 2.08 3.11 4.41 3.43 2.68

DLH Holdings 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 2.90 2.46 2.68 3.50 2.80

Competitive Comparison of DLH Holdings's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, DLH Holdings'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.


DLH Holdings's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DLH Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DLH Holdings 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.

DLH Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.53/4.74
=2.22

* 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.

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

For example, DLH Holdings'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)
=7.502/131.7762*131.7762
=7.502

Current CPI (Mar. 2024) = 131.7762.

DLH Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.927 100.560 1.215
201409 1.426 100.428 1.871
201412 1.458 99.070 1.939
201503 1.451 99.621 1.919
201506 1.503 100.684 1.967
201509 2.359 100.392 3.096
201512 2.341 99.792 3.091
201603 2.376 100.470 3.116
201606 2.534 101.688 3.284
201609 2.850 101.861 3.687
201612 2.899 101.863 3.750
201703 2.990 102.862 3.830
201706 2.998 103.349 3.823
201709 3.047 104.136 3.856
201712 2.869 104.011 3.635
201803 2.992 105.290 3.745
201806 3.148 106.317 3.902
201809 3.313 106.507 4.099
201812 3.435 105.998 4.270
201903 3.556 107.251 4.369
201906 3.640 108.070 4.438
201909 3.786 108.329 4.605
201912 3.897 108.420 4.737
202003 3.998 108.902 4.838
202006 4.185 108.767 5.070
202009 4.308 109.815 5.170
202012 4.459 109.897 5.347
202103 4.695 111.754 5.536
202106 4.962 114.631 5.704
202109 5.160 115.734 5.875
202112 5.805 117.630 6.503
202203 6.437 121.301 6.993
202206 6.764 125.017 7.130
202209 7.056 125.227 7.425
202212 7.306 125.222 7.688
202303 7.391 127.348 7.648
202306 7.566 128.729 7.745
202309 7.343 129.860 7.451
202312 7.430 129.419 7.565
202403 7.502 131.776 7.502

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.


DLH Holdings  (NAS:DLHC) 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.


DLH Holdings Cyclically Adjusted PB Ratio Related Terms

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


DLH Holdings (DLH Holdings) Business Description

Traded in Other Exchanges
Address
3565 Piedmont Road, NE Building 3, Suite 700, Atlanta, GA, USA, 30305
DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of Veteran Affairs. It is engaged in public health, performance evaluation, and health operations to solve the complex problems faced by civilian and military customers alike, leveraging digital transformation, artificial intelligence, analytics, cloud-based applications, and telehealth systems.
Executives
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Judith L Bjornaas director 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Jacqueline S. Everett officer: Chief Growth Officer 4602 QUARTZ ROCK CT., CHANTILLY VA 20151
Frederick Gerald Wasserman director 4 NOBADEER DRIVE, PENNINGTON NJ 08534
Galeel Maliek Ferebee officer: Chief Human Resources Officer 2659 WINTER MORNING WAY, OLNEY MD 20832
Kathryn M. Johnbull officer: Chief Financial Officer 1776 PEACHTREE STREET, NW, SUITE 300S, ATLANTA GA 30309
Stephen Zelkowicz director C/O SUMMER INFANT, INC., 1275 PARK EAST DRIVE, WOONSOCKET RI 02895
Zachary Parker director, officer: CEO and President TEAMSTAFF, INC., 1 EXECUTIVE DRIVE, SUITE 130, SOMERSET NJ 08873
James P Allen director C/O GRC INTERNATIONAL INC, 1900 GALLOWS RD, VIENNA VA 22182
Jeanine M. Christian officer: Pres. Social&Scientific Sys 523 PICCADILLY ROAD, TOWNSON MD 21204
Kevin Wilson officer: President, DLH Solutions 3525 HIGHWAY 81 S., TEAMSTAFF GOVERNMENT SOLUTIONS, INC., LOGANVILLE GA 30052
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Nelson Obus 10 percent owner
Martin J Delaney director 37 OVERLOOK TRAIL, NEWARK NJ 07950

DLH Holdings (DLH Holdings) Headlines