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Dollar Tree (FRA:DT3) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Dollar Tree Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dollar Tree Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dollar Tree'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.

Dollar Tree Cyclically Adjusted PB Ratio Chart

Dollar Tree 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 5.45 5.50 5.85 5.60 4.25

Dollar Tree 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 5.50 5.34 3.71 4.25 -

Competitive Comparison of Dollar Tree's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Dollar Tree'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.


Dollar Tree's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Dollar Tree 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.

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

For example, Dollar Tree'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)
=31.248/131.7762*131.7762
=31.248

Current CPI (Apr. 2024) = 131.7762.

Dollar Tree Quarterly Data

Book Value per Share CPI Adj_Book
201407 5.205 100.520 6.823
201410 6.080 100.176 7.998
201501 7.472 98.604 9.986
201504 8.383 99.824 11.066
201507 15.674 100.691 20.513
201510 15.718 100.346 20.641
201601 17.274 99.957 22.773
201604 17.461 100.947 22.794
201607 18.649 101.524 24.206
201610 19.421 101.988 25.093
201701 21.454 102.456 27.593
201704 22.109 103.167 28.240
201707 21.456 103.278 27.377
201710 21.953 104.070 27.798
201801 24.816 104.578 31.270
201804 25.210 105.708 31.427
201807 27.517 106.324 34.104
201810 29.036 106.695 35.862
201901 20.763 106.200 25.763
201904 21.560 107.818 26.351
201907 22.095 108.250 26.897
201910 23.378 108.577 28.373
202001 23.806 108.841 28.823
202004 25.291 108.173 30.809
202007 24.980 109.318 30.112
202010 25.157 109.861 30.175
202101 25.628 110.364 30.600
202104 26.729 112.673 31.261
202107 26.376 115.183 30.176
202110 27.766 116.696 31.354
202201 30.312 118.619 33.674
202204 33.843 121.978 36.561
202207 36.864 125.002 38.862
202210 37.972 125.734 39.797
202301 36.711 126.223 38.326
202304 36.785 127.992 37.873
202307 37.123 128.974 37.929
202310 39.114 129.810 39.707
202401 30.809 130.124 31.200
202404 31.248 131.776 31.248

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.


Dollar Tree  (FRA:DT3) 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.


Dollar Tree Cyclically Adjusted PB Ratio Related Terms

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


Dollar Tree (FRA:DT3) Business Description

Traded in Other Exchanges
Address
500 Volvo Parkway, Chesapeake, VA, USA, 23320
Dollar Tree operates discount stores across the United States and Canada, with over 8,200 shops under its namesake banner and 8,350 under Family Dollar. About 45% of Dollar Tree's sales in fiscal 2022 were composed of consumables (including food, health and beauty, and cleaning products), nearly 50% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (nearly 80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

Dollar Tree (FRA:DT3) Headlines

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