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Dima Holdings Co (SHSE:600565) Cyclically Adjusted PB Ratio : 0.29 (As of Jun. 04, 2024)


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What is Dima Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Dima Holdings Co's current share price is ¥0.90. Dima Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.14. Dima Holdings Co's Cyclically Adjusted PB Ratio for today is 0.29.

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

SHSE:600565' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.46   Max: 10.17
Current: 0.29

During the past years, Dima Holdings Co's highest Cyclically Adjusted PB Ratio was 10.17. The lowest was 0.27. And the median was 1.46.

SHSE:600565's Cyclically Adjusted PB Ratio is ranked better than
92.76% of 981 companies
in the Vehicles & Parts industry
Industry Median: 1.35 vs SHSE:600565: 0.29

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.

Dima Holdings Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥0.525. 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 ¥3.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dima Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dima 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.

Dima Holdings Co Cyclically Adjusted PB Ratio Chart

Dima Holdings Co 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 1.35 0.96 0.78 0.66 0.47

Dima Holdings Co 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 0.59 0.49 0.51 0.47 0.42

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

For the Auto Manufacturers subindustry, Dima 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.


Dima Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dima Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dima 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.90/3.14
=0.29

* 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.

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

For example, Dima Holdings Co'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)
=0.525/115.2271*115.2271
=0.525

Current CPI (Mar. 2024) = 115.2271.

Dima Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.259 98.200 2.651
201409 2.307 98.900 2.688
201412 2.498 99.000 2.907
201503 2.519 99.900 2.905
201506 2.526 99.500 2.925
201509 2.556 100.500 2.931
201512 2.619 100.600 3.000
201603 2.651 102.200 2.989
201606 2.614 101.400 2.970
201609 2.537 102.400 2.855
201612 2.713 102.600 3.047
201703 2.833 103.200 3.163
201706 2.741 103.100 3.063
201709 3.067 104.100 3.395
201712 3.087 104.500 3.404
201803 3.134 105.300 3.429
201806 3.080 104.900 3.383
201809 3.168 106.600 3.424
201812 3.437 106.500 3.719
201903 3.554 107.700 3.802
201906 3.269 107.700 3.497
201909 3.355 109.800 3.521
201912 3.750 111.200 3.886
202003 3.763 112.300 3.861
202006 3.805 110.400 3.971
202009 3.662 111.700 3.778
202012 4.206 111.500 4.347
202103 4.239 112.662 4.336
202106 4.217 111.769 4.347
202109 4.286 112.215 4.401
202112 3.380 113.108 3.443
202203 3.361 114.335 3.387
202206 3.459 114.558 3.479
202209 3.519 115.339 3.516
202212 2.034 115.116 2.036
202303 1.994 115.116 1.996
202306 2.053 114.558 2.065
202309 1.882 115.339 1.880
202312 0.588 114.781 0.590
202403 0.525 115.227 0.525

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.


Dima Holdings Co  (SHSE:600565) 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.


Dima Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Dima Holdings Co (SHSE:600565) Business Description

Traded in Other Exchanges
N/A
Address
36th Floor, Building 7, Dongyuan Center, Dashiba, Jiangbei District, Chongqing, CHN, 401336
Dima Holdings Co Ltd is a special vehicle manufacturer in China. It manufactures armored vehicles, municipal cleaning vehicles, system integration vehicles, dynamo vehicles, airport GSEs, fire engines and ambulances.
Executives
Supervisors
Yuan Jun Supervisors

Dima Holdings Co (SHSE:600565) Headlines

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