GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dynacor Group Inc (TSX:DNG) » Definitions » Cyclically Adjusted PB Ratio

Dynacor Group (TSX:DNG) Cyclically Adjusted PB Ratio : 2.33 (As of Jun. 08, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Dynacor Group Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Dynacor Group's current share price is C$5.40. Dynacor Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$2.32. Dynacor Group's Cyclically Adjusted PB Ratio for today is 2.33.

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

TSX:DNG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.59   Max: 2.59
Current: 2.3

During the past years, Dynacor Group's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.88. And the median was 1.59.

TSX:DNG's Cyclically Adjusted PB Ratio is ranked worse than
75.63% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSX:DNG: 2.30

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.

Dynacor Group's adjusted book value per share data for the three months ended in Mar. 2024 was C$3.363. 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$2.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynacor Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dynacor Group'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.

Dynacor Group Cyclically Adjusted PB Ratio Chart

Dynacor Group 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 1.33 1.26 1.89 1.47 1.78

Dynacor Group 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 1.46 1.43 1.40 1.78 1.99

Competitive Comparison of Dynacor Group's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Dynacor Group'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.


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

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

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



Dynacor Group 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.

Dynacor Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.40/2.32
=2.33

* 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.

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

For example, Dynacor Group'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)
=3.363/126.2576*126.2576
=3.363

Current CPI (Mar. 2024) = 126.2576.

Dynacor Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.038 99.473 1.317
201409 1.113 99.394 1.414
201412 1.205 98.367 1.547
201503 1.364 99.789 1.726
201506 1.369 100.500 1.720
201509 1.496 100.421 1.881
201512 1.575 99.947 1.990
201603 1.545 101.054 1.930
201606 1.559 102.002 1.930
201609 1.630 101.765 2.022
201612 1.662 101.449 2.068
201703 1.702 102.634 2.094
201706 1.703 103.029 2.087
201709 1.613 103.345 1.971
201712 1.723 103.345 2.105
201803 1.773 105.004 2.132
201806 1.841 105.557 2.202
201809 1.841 105.636 2.200
201812 1.934 105.399 2.317
201903 1.957 106.979 2.310
201906 1.964 107.690 2.303
201909 2.026 107.611 2.377
201912 2.035 107.769 2.384
202003 2.230 107.927 2.609
202006 2.128 108.401 2.479
202009 2.101 108.164 2.452
202012 2.068 108.559 2.405
202103 2.085 110.298 2.387
202106 2.079 111.720 2.350
202109 2.245 112.905 2.511
202112 2.378 113.774 2.639
202203 2.490 117.646 2.672
202206 2.578 120.806 2.694
202209 2.686 120.648 2.811
202212 2.836 120.964 2.960
202303 2.985 122.702 3.071
202306 3.030 124.203 3.080
202309 3.147 125.230 3.173
202312 3.215 125.072 3.245
202403 3.363 126.258 3.363

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.


Dynacor Group  (TSX:DNG) 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.


Dynacor Group Cyclically Adjusted PB Ratio Related Terms

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


Dynacor Group (TSX:DNG) Business Description

Traded in Other Exchanges
Address
625 Rene-Levesque Boulevard West, Suite 1200, Montreal, QC, CAN, H3B 1R2
Dynacor Group Inc is a dividend-paying gold production Corporation. It is engaged in production activity through its government-approved ore processing operations. The company's operating segment is the mining sector, which is comprised of the exploration, evaluation, and processing of mineral resources. It produces and explores various properties in Peru such as Tumipampa and Anta. The company currently operates the plant in Veta Dorada. The firm generates revenue from the sales of precious metals derived from the ore processing operation.
Executives
Jean Martineau Director, Senior Officer

Dynacor Group (TSX:DNG) Headlines

No Headlines