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DREAM Unlimited (DREAM Unlimited) Cyclically Adjusted PB Ratio : 0.75 (As of May. 23, 2024)


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What is DREAM Unlimited Cyclically Adjusted PB Ratio?

As of today (2024-05-23), DREAM Unlimited's current share price is $14.7219. DREAM Unlimited's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.56. DREAM Unlimited's Cyclically Adjusted PB Ratio for today is 0.75.

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

DRUNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.96   Max: 2.4
Current: 0.76

During the past years, DREAM Unlimited's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 0.67. And the median was 0.96.

DRUNF's Cyclically Adjusted PB Ratio is ranked worse than
52.29% of 1333 companies
in the Real Estate industry
Industry Median: 0.71 vs DRUNF: 0.76

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.

DREAM Unlimited's adjusted book value per share data for the three months ended in Mar. 2024 was $24.698. 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 $19.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DREAM Unlimited Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DREAM Unlimited'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.

DREAM Unlimited Cyclically Adjusted PB Ratio Chart

DREAM Unlimited 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 - - - 1.11 0.88

DREAM Unlimited 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 1.01 0.84 0.73 0.88 0.73

Competitive Comparison of DREAM Unlimited's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, DREAM Unlimited'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.


DREAM Unlimited's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DREAM Unlimited's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DREAM Unlimited 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.

DREAM Unlimited's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.7219/19.56
=0.75

* 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.

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

For example, DREAM Unlimited'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)
=24.698/126.2576*126.2576
=24.698

Current CPI (Mar. 2024) = 126.2576.

DREAM Unlimited Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.265 99.473 11.760
201409 9.213 99.394 11.703
201412 9.384 98.367 12.045
201503 8.706 99.789 11.015
201506 10.583 100.500 13.295
201509 9.975 100.421 12.541
201512 9.636 99.947 12.173
201603 10.511 101.054 13.133
201606 11.146 102.002 13.797
201609 11.051 101.765 13.711
201612 11.460 101.449 14.263
201703 11.549 102.634 14.207
201706 11.381 103.029 13.947
201709 12.795 103.345 15.632
201712 13.183 103.345 16.106
201803 15.177 105.004 18.249
201806 14.641 105.557 17.512
201809 14.903 105.636 17.812
201812 15.301 105.399 18.329
201903 14.860 106.979 17.538
201906 14.774 107.690 17.321
201909 15.222 107.611 17.860
201912 20.346 107.769 23.836
202003 22.246 107.927 26.024
202006 23.035 108.401 26.829
202009 23.783 108.164 27.761
202012 24.137 108.559 28.072
202103 24.660 110.298 28.228
202106 25.027 111.720 28.284
202109 24.817 112.905 27.752
202112 25.939 113.774 28.785
202203 26.767 117.646 28.726
202206 28.001 120.806 29.265
202209 28.680 120.648 30.014
202212 26.855 120.964 28.030
202303 27.002 122.702 27.784
202306 26.542 124.203 26.981
202309 26.223 125.230 26.438
202312 24.776 125.072 25.011
202403 24.698 126.258 24.698

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.


DREAM Unlimited  (OTCPK:DRUNF) 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.


DREAM Unlimited Cyclically Adjusted PB Ratio Related Terms

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


DREAM Unlimited (DREAM Unlimited) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
DREAM Unlimited Corp is a real estate company. The company's divisions include Asset management; Stabilized income generating assets; Urban development - Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.