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Dubai Refreshments PSC (DFM:DRC) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is Dubai Refreshments PSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dubai Refreshments PSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dubai Refreshments PSC'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.

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Dubai Refreshments PSC Cyclically Adjusted PB Ratio Chart

Dubai Refreshments PSC 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 - - 1.51 1.34 1.61

Dubai Refreshments PSC 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 1.54 1.39 1.65 1.61 -

Competitive Comparison of Dubai Refreshments PSC's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Dubai Refreshments PSC'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.


Dubai Refreshments PSC's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Dubai Refreshments PSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dubai Refreshments PSC 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.

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

For example, Dubai Refreshments PSC'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)
=10.993/131.7762*131.7762
=10.993

Current CPI (Mar. 2024) = 131.7762.

Dubai Refreshments PSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.264 100.560 10.829
201409 8.692 100.428 11.405
201412 9.037 99.070 12.020
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 9.657 100.392 12.676
201512 9.772 99.792 12.904
201603 9.444 100.470 12.387
201606 9.762 101.688 12.650
201609 10.127 101.861 13.101
201612 10.364 101.863 13.408
201703 9.876 102.862 12.652
201706 10.002 103.349 12.753
201709 10.592 104.136 13.403
201712 10.554 104.011 13.371
201803 9.800 105.290 12.265
201806 9.802 106.317 12.149
201809 9.970 106.507 12.335
201812 9.974 105.998 12.400
201903 9.652 107.251 11.859
201906 9.683 108.070 11.807
201909 9.922 108.329 12.070
201912 9.846 108.420 11.967
202003 9.222 108.902 11.159
202006 9.201 108.767 11.147
202009 9.466 109.815 11.359
202012 9.645 109.897 11.565
202103 9.340 111.754 11.013
202106 9.635 114.631 11.076
202109 10.289 115.734 11.715
202112 10.477 117.630 11.737
202203 10.185 121.301 11.065
202206 10.377 125.017 10.938
202209 10.493 125.227 11.042
202212 10.837 125.222 11.404
202303 10.200 127.348 10.555
202306 13.244 128.729 13.558
202309 13.793 129.860 13.997
202312 13.927 129.419 14.181
202403 10.993 131.776 10.993

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.


Dubai Refreshments PSC  (DFM:DRC) 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.


Dubai Refreshments PSC Cyclically Adjusted PB Ratio Related Terms

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Dubai Refreshments PSC (DFM:DRC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE
Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

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