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DCM Holdings Co (TSE:3050) Cyclically Adjusted PB Ratio : 0.97 (As of May. 26, 2024)


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What is DCM Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), DCM Holdings Co's current share price is 円1477.00. DCM Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円1,516.04. DCM Holdings Co's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSE:3050' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.88   Max: 1.19
Current: 0.97

During the past years, DCM Holdings Co's highest Cyclically Adjusted PB Ratio was 1.19. The lowest was 0.74. And the median was 0.88.

TSE:3050's Cyclically Adjusted PB Ratio is ranked better than
58.17% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs TSE:3050: 0.97

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.

DCM Holdings Co's adjusted book value per share data for the three months ended in Nov. 2023 was 円1,867.742. 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 円1,516.04 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCM Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DCM Holdings 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.

DCM Holdings Co Cyclically Adjusted PB Ratio Chart

DCM Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.84 0.84 0.80 -

DCM Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.80 0.86 0.82 0.84 -

Competitive Comparison of DCM Holdings Co's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, DCM Holdings 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.


DCM Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



DCM Holdings 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.

DCM Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1477.00/1516.04
=0.97

* 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.

DCM Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, DCM Holdings Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=1867.742/106.9000*106.9000
=1,867.742

Current CPI (Nov. 2023) = 106.9000.

DCM Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 1,097.812 95.500 1,228.860
201405 1,116.818 98.100 1,217.001
201408 1,137.132 98.300 1,236.617
201411 1,129.377 97.900 1,233.201
201502 1,154.747 97.600 1,264.779
201505 1,178.199 98.700 1,276.084
201508 1,216.889 98.400 1,322.006
201511 1,228.670 98.100 1,338.887
201602 1,205.138 97.800 1,317.273
201605 1,227.414 98.200 1,336.156
201608 1,249.080 97.900 1,363.909
201611 1,264.122 98.600 1,370.534
201702 1,263.312 98.100 1,376.637
201705 1,280.437 98.600 1,388.222
201708 1,299.432 98.500 1,410.247
201711 1,306.976 99.100 1,409.846
201802 1,328.827 99.500 1,427.654
201805 1,351.514 99.300 1,454.953
201808 1,382.570 99.800 1,480.929
201811 1,400.208 100.000 1,496.822
201902 1,410.178 99.700 1,512.016
201905 1,420.321 100.000 1,518.323
201908 1,451.008 100.000 1,551.128
201911 1,464.033 100.500 1,557.265
202002 1,467.314 100.300 1,563.867
202005 1,521.394 100.100 1,624.745
202008 1,525.509 100.100 1,629.140
202011 1,527.018 99.500 1,640.585
202102 1,531.652 99.800 1,640.617
202105 1,567.815 99.400 1,686.111
202108 1,608.135 99.700 1,724.269
202111 1,604.700 100.100 1,713.711
202202 1,624.211 100.700 1,724.212
202205 1,698.702 101.800 1,783.804
202208 1,743.583 102.700 1,814.888
202211 1,672.651 103.900 1,720.947
202302 1,738.365 104.000 1,786.839
202305 1,767.882 105.100 1,798.160
202308 1,815.412 105.900 1,832.555
202311 1,867.742 106.900 1,867.742

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.


DCM Holdings Co  (TSE:3050) 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.


DCM Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


DCM Holdings Co (TSE:3050) Business Description

Traded in Other Exchanges
N/A
Address
6-16-16 Minamiohi, Shinagawa-ku, Tokyo, JPN, 140-0013
DCM Holdings Co Ltd is a Japanese holding company engaged in managing its subsidiaries that sell home improvement appliances and products. The company operates across Japan through its holdings. The majority of its stores are located on the northern Japanese island of Hokkaido and the central region of Chubu. The segments of the company include DCM Homac, DCM Sanwa, DCM Kahma, and DCM Daiki, which are all various regional home center brands. Some of DCM's products include gardening products, home improvement products, home leisure products, pet products, housekeeping products, home electronic products, home furnishing products, and lighting and electronics.

DCM Holdings Co (TSE:3050) Headlines

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