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Dollar General (Dollar General) Cyclically Adjusted PB Ratio : 5.11 (As of Apr. 27, 2024)


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What is Dollar General Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Dollar General's current share price is $142.07. Dollar General's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $27.80. Dollar General's Cyclically Adjusted PB Ratio for today is 5.11.

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

DG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.8   Med: 6.25   Max: 10.86
Current: 5.13

During the past years, Dollar General's highest Cyclically Adjusted PB Ratio was 10.86. The lowest was 3.80. And the median was 6.25.

DG's Cyclically Adjusted PB Ratio is ranked worse than
84.33% of 217 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs DG: 5.13

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.

Dollar General's adjusted book value per share data for the three months ended in Jan. 2024 was $30.725. 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 $27.80 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dollar General Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dollar General'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.

Dollar General Cyclically Adjusted PB Ratio Chart

Dollar General Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.87 9.13 8.68 8.86 4.75

Dollar General Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.86 8.23 6.18 4.30 4.75

Competitive Comparison of Dollar General's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Dollar General'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.


Dollar General's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollar General's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dollar General 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.

Dollar General's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.07/27.8
=5.11

* 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.

Dollar General's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Dollar General's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=30.725/129.4194*129.4194
=30.725

Current CPI (Jan. 2024) = 129.4194.

Dollar General Quarterly Data

Book Value per Share CPI Adj_Book
201404 15.932 100.023 20.614
201407 16.796 100.520 21.625
201410 17.611 100.176 22.752
201501 18.817 98.604 24.698
201504 18.128 99.824 23.503
201507 18.390 100.691 23.637
201510 18.367 100.346 23.688
201601 18.758 99.957 24.287
201604 18.988 100.947 24.344
201607 19.214 101.524 24.493
201610 19.408 101.988 24.628
201701 19.644 102.456 24.814
201704 20.162 103.167 25.292
201707 20.812 103.278 26.080
201710 21.152 104.070 26.304
201801 22.795 104.578 28.210
201804 23.308 105.708 28.536
201807 24.023 106.324 29.241
201810 24.178 106.695 29.328
201901 24.729 106.200 30.136
201904 25.444 107.818 30.542
201907 26.254 108.250 31.388
201910 26.113 108.577 31.126
202001 26.604 108.841 31.634
202004 28.641 108.173 34.266
202007 29.539 109.318 34.971
202010 28.512 109.861 33.588
202101 27.665 110.364 32.442
202104 26.460 112.673 30.393
202107 26.305 115.183 29.556
202110 26.714 116.696 29.627
202201 27.224 118.619 29.703
202204 26.263 121.978 27.865
202207 27.435 125.002 28.405
202210 27.256 125.734 28.055
202301 25.293 126.223 25.934
202304 27.060 127.992 27.362
202307 28.695 128.974 28.794
202310 29.394 129.810 29.306
202401 30.725 129.419 30.725

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.


Dollar General  (NYSE:DG) 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.


Dollar General Cyclically Adjusted PB Ratio Related Terms

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


Dollar General (Dollar General) Business Description

Address
100 Mission Ridge, Goodlettsville, TN, USA, 37072
With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.
Executives
Carman R Wenkoff officer: EVP & Chief Information Ofc 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Roderick J West officer: EVP, Global Supply Chain 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
David Rowland director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 06061
Michael M Calbert director C/O DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Jeffery Owen officer: EVP, Store Operations C/O KIRKLAND'S, INC., 5310 MARYLAND WAY, BRENTWOOD TN 37027
Todd J Vasos officer: Div. Pres., Chief Merch. Ofc
Ana Maria Chadwick director 3001 SUMMER ST, STAMFORD CT 06926
Steven R Deckard officer: EVP, Growth & Emerging Mkts 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Kelly Dilts officer: EVP & Chief Financial Officer 6380 ROGERDALE, HOUSTON TX 77072
Timothy I Mcguire director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
John W Garratt officer: Interim CFO 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Rhonda Taylor officer: SVP & General Counsel 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Anita C Elliott officer: Senior VP & Controller 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Patricia Filikrushel director DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Antonio Zuazo officer: EVP, Global Supply Chain 100 MISSION RIDGE, GOODLETTSVILLE TN 37072