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Dundee (TSX:DC.A) Cyclically Adjusted PB Ratio : 0.08 (As of Jun. 09, 2024)


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What is Dundee Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Dundee's current share price is C$1.32. Dundee's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$16.66. Dundee's Cyclically Adjusted PB Ratio for today is 0.08.

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

TSX:DC.A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 1.34
Current: 0.08

During the past years, Dundee's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.03. And the median was 0.07.

TSX:DC.A's Cyclically Adjusted PB Ratio is ranked better than
92.49% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSX:DC.A: 0.08

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.

Dundee's adjusted book value per share data for the three months ended in Mar. 2024 was C$2.833. 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 C$16.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dundee Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dundee'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.

Dundee Cyclically Adjusted PB Ratio Chart

Dundee 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 0.05 0.06 0.06 0.07 0.05

Dundee 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 0.06 0.07 0.06 0.05 0.06

Competitive Comparison of Dundee's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Dundee'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.


Dundee's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dundee's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dundee 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.32/16.66
=0.08

* 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.

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

For example, Dundee'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)
=2.833/126.2576*126.2576
=2.833

Current CPI (Mar. 2024) = 126.2576.

Dundee Quarterly Data

Book Value per Share CPI Adj_Book
201406 28.739 99.473 36.477
201409 26.961 99.394 34.248
201412 23.976 98.367 30.774
201503 23.585 99.789 29.841
201506 21.042 100.500 26.435
201509 17.232 100.421 21.665
201512 15.823 99.947 19.988
201603 15.574 101.054 19.458
201606 15.328 102.002 18.973
201609 14.566 101.765 18.072
201612 12.470 101.449 15.520
201703 13.103 102.634 16.119
201706 12.553 103.029 15.383
201709 11.696 103.345 14.289
201712 10.363 103.345 12.661
201803 188.978 105.004 227.229
201806 9.182 105.557 10.983
201809 7.465 105.636 8.922
201812 6.869 105.399 8.228
201903 7.103 106.979 8.383
201906 4.518 107.690 5.297
201909 4.244 107.611 4.979
201912 4.283 107.769 5.018
202003 2.730 107.927 3.194
202006 3.208 108.401 3.736
202009 3.365 108.164 3.928
202012 3.666 108.559 4.264
202103 3.809 110.298 4.360
202106 3.541 111.720 4.002
202109 3.125 112.905 3.495
202112 2.929 113.774 3.250
202203 3.288 117.646 3.529
202206 2.768 120.806 2.893
202209 2.822 120.648 2.953
202212 3.134 120.964 3.271
202303 3.070 122.702 3.159
202306 3.061 124.203 3.112
202309 2.782 125.230 2.805
202312 2.747 125.072 2.773
202403 2.833 126.258 2.833

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.


Dundee  (TSX:DC.A) 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.


Dundee Cyclically Adjusted PB Ratio Related Terms

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


Dundee (TSX:DC.A) Business Description

Address
80 Richmond Street West, Suite 2000, Corporate Legal, Toronto, ON, CAN, M5H 2A4
Dundee Corp is a public Canadian independent holding company. Through its operating subsidiaries, Dundee is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than thirty years of experience making accretive mining investments.

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