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Dignity (LSE:DTY) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Dignity Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dignity Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dignity'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.

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Dignity Cyclically Adjusted PB Ratio Chart

Dignity Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Dignity Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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Competitive Comparison of Dignity's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Dignity'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.


Dignity's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Dignity's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dignity 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.

Dignity's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Dignity's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-8.437/125.3000*125.3000
=-8.437

Current CPI (Dec22) = 125.3000.

Dignity Annual Data

Book Value per Share CPI Adj_Book
201312 0.863 99.200 1.090
201412 -1.881 99.900 -2.359
201512 -0.888 100.400 -1.108
201612 -0.070 102.200 -0.086
201712 0.929 105.000 1.109
201812 -3.277 107.100 -3.834
201912 -2.829 108.500 -3.267
202012 -3.549 109.400 -4.065
202112 -3.020 114.700 -3.299
202212 -8.437 125.300 -8.437

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.


Dignity  (LSE:DTY) 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.


Dignity Cyclically Adjusted PB Ratio Related Terms

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Dignity (LSE:DTY) Business Description

Traded in Other Exchanges
N/A
Address
4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands, GBR, B73 6AP
Dignity PLC is engaged in the provision of funeral services. The company has three operating segments, including funeral services, crematoria operation, and pre-arranged funeral plans. Funeral services, which generate the majority of revenue, include the provision of funerals and ancillary items, such as flowers and memorials. Crematoria services include cremation services and the sale of memorials and burial plots. Pre-arranged funeral plans include the sale of funerals in advance to customers who make their funeral arrangements. The company derives most of its revenue from the United Kingdom.

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