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Dare Power Dekor Home Co (SZSE:000910) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 07, 2024)


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What is Dare Power Dekor Home Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Dare Power Dekor Home Co's current share price is ¥6.67. Dare Power Dekor Home Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥8.58. Dare Power Dekor Home Co's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for Dare Power Dekor Home Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:000910' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.02   Max: 5.85
Current: 0.81

During the past years, Dare Power Dekor Home Co's highest Cyclically Adjusted PB Ratio was 5.85. The lowest was 0.78. And the median was 2.02.

SZSE:000910's Cyclically Adjusted PB Ratio is ranked better than
55.51% of 245 companies
in the Forest Products industry
Industry Median: 0.92 vs SZSE:000910: 0.81

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.

Dare Power Dekor Home Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥12.187. 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 ¥8.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dare Power Dekor Home Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dare Power Dekor Home Co'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.

Dare Power Dekor Home Co Cyclically Adjusted PB Ratio Chart

Dare Power Dekor Home Co 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 2.38 2.19 1.91 1.10 0.95

Dare Power Dekor Home Co 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 1.16 0.97 0.96 0.95 0.84

Competitive Comparison of Dare Power Dekor Home Co's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Dare Power Dekor Home Co'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.


Dare Power Dekor Home Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dare Power Dekor Home Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dare Power Dekor Home Co's Cyclically Adjusted PB Ratio falls into.



Dare Power Dekor Home Co 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.

Dare Power Dekor Home Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.67/8.58
=0.78

* 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.

Dare Power Dekor Home Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dare Power Dekor Home Co'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)
=12.187/115.2271*115.2271
=12.187

Current CPI (Mar. 2024) = 115.2271.

Dare Power Dekor Home Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.794 98.200 5.625
201409 4.858 98.900 5.660
201412 4.951 99.000 5.763
201503 5.002 99.900 5.769
201506 5.087 99.500 5.891
201509 4.936 100.500 5.659
201512 4.351 100.600 4.984
201603 4.403 102.200 4.964
201606 4.499 101.400 5.112
201609 4.852 102.400 5.460
201612 5.471 102.600 6.144
201703 5.547 103.200 6.193
201706 5.614 103.100 6.274
201709 5.782 104.100 6.400
201712 6.291 104.500 6.937
201803 6.417 105.300 7.022
201806 6.557 104.900 7.203
201809 7.291 106.600 7.881
201812 7.812 106.500 8.452
201903 7.931 107.700 8.485
201906 8.055 107.700 8.618
201909 8.554 109.800 8.977
201912 9.151 111.200 9.482
202003 9.073 112.300 9.309
202006 9.326 110.400 9.734
202009 9.901 111.700 10.214
202012 10.251 111.500 10.594
202103 10.381 112.662 10.617
202106 10.624 111.769 10.953
202109 10.965 112.215 11.259
202112 11.169 113.108 11.378
202203 11.121 114.335 11.208
202206 11.367 114.558 11.433
202209 11.626 115.339 11.615
202212 11.805 115.116 11.816
202303 11.720 115.116 11.731
202306 11.835 114.558 11.904
202309 12.063 115.339 12.051
202312 12.249 114.781 12.297
202403 12.187 115.227 12.187

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.


Dare Power Dekor Home Co  (SZSE:000910) 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.


Dare Power Dekor Home Co Cyclically Adjusted PB Ratio Related Terms

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


Dare Power Dekor Home Co (SZSE:000910) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Qiliang Road, Daya Industrial Park, Economic Development Zone, Jiangsu Province, Danyang, CHN, 212310
Dare Power Dekor Home Co Ltd provides plywood and flooring materials in China. Geographically operates through China, however, it distributes its product in both Chinese and overseas market.
Executives
Wu Gu Hua Secretary Dong
Chen Gang Directors, executives
Chen Xiao Long Director
Chen Xing Kang Director
Chen Hong Bing Director

Dare Power Dekor Home Co (SZSE:000910) Headlines

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