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Dillard's (FRA:DL7A) Cyclically Adjusted PB Ratio : 5.33 (As of May. 27, 2024)


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What is Dillard's Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Dillard's's current share price is €406.00. Dillard's's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €76.19. Dillard's's Cyclically Adjusted PB Ratio for today is 5.33.

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

FRA:DL7A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 2.11   Max: 6.05
Current: 5.57

During the past years, Dillard's's highest Cyclically Adjusted PB Ratio was 6.05. The lowest was 0.43. And the median was 2.11.

FRA:DL7A's Cyclically Adjusted PB Ratio is ranked worse than
88.28% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs FRA:DL7A: 5.57

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.

Dillard's's adjusted book value per share data for the three months ended in Apr. 2024 was €107.670. 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 €76.19 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dillard's Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dillard's'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.

Dillard's Cyclically Adjusted PB Ratio Chart

Dillard's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.56 4.00 5.55 4.97

Dillard's Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 4.09 4.59 4.05 4.97 5.46

Competitive Comparison of Dillard's's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Dillard's'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.


Dillard's's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dillard's's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dillard's 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=406.00/76.19
=5.33

* 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.

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

For example, Dillard's's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=107.67/131.7762*131.7762
=107.670

Current CPI (Apr. 2024) = 131.7762.

Dillard's Quarterly Data

Book Value per Share CPI Adj_Book
201407 35.493 100.520 46.529
201410 36.360 100.176 47.830
201501 42.207 98.604 56.406
201504 48.716 99.824 64.310
201507 45.672 100.691 59.772
201510 44.099 100.346 57.911
201601 46.032 99.957 60.685
201604 46.224 100.947 60.341
201607 46.776 101.524 60.715
201610 47.059 101.988 60.804
201701 50.202 102.456 64.568
201704 51.710 103.167 66.049
201707 47.751 103.278 60.927
201710 47.165 104.070 59.722
201801 49.835 104.578 62.796
201804 49.670 105.708 61.919
201807 51.930 106.324 64.361
201810 52.565 106.695 64.922
201901 55.801 106.200 69.240
201904 59.228 107.818 72.389
201907 58.027 108.250 70.638
201910 59.012 108.577 71.621
202001 60.444 108.841 73.181
202004 55.380 108.173 67.464
202007 52.790 109.318 63.635
202010 53.350 109.861 63.993
202101 53.776 110.364 64.209
202104 60.071 112.673 70.256
202107 65.783 115.183 75.260
202110 69.380 116.696 78.346
202201 68.148 118.619 75.707
202204 77.371 121.978 83.586
202207 83.122 125.002 87.627
202210 95.526 125.734 100.116
202301 86.579 126.223 90.388
202304 91.370 127.992 94.071
202307 94.090 128.974 96.134
202310 105.369 129.810 106.965
202401 95.989 130.124 97.207
202404 107.670 131.776 107.670

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.


Dillard's  (FRA:DL7A) 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.


Dillard's Cyclically Adjusted PB Ratio Related Terms

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


Dillard's (FRA:DL7A) Business Description

Traded in Other Exchanges
Address
1600 Cantrell Road, Little Rock, AR, USA, 72201
Dillard's Inc is an American fashion apparel, cosmetics, and home furnishings retailer. Its stores offer a large variety of merchandise and feature products from both national and exclusive brand sources. The company also operates a general contracting construction company, CDI Contractors. CDI Contractors' business includes constructing and remodelling stores for Dillards. The merchandise selections include exclusive brand merchandise such as Antonio Melani, Gianni Bini, Daniel Cremieux, Roundtree & Yorke, and private-label merchandise, among others. The company operates in two business segments; Retail Operations and Construction. The Retail Operations segment generates maximum revenue for the company.

Dillard's (FRA:DL7A) Headlines

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