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DMC Global (DMC Global) Cyclically Adjusted Book per Share : $14.40 (As of Dec. 2023)


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What is DMC Global Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

DMC Global's adjusted book value per share for the three months ended in Dec. 2023 was $20.745. 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 $14.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, DMC Global's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of DMC Global was 31.70% per year. The lowest was 0.90% per year. And the median was 10.00% per year.

As of today (2024-04-29), DMC Global's current stock price is $16.49. DMC Global's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.40. DMC Global's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DMC Global was 6.61. The lowest was 0.53. And the median was 2.19.


DMC Global Cyclically Adjusted Book per Share Historical Data

The historical data trend for DMC Global's Cyclically Adjusted Book per Share 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.

DMC Global Cyclically Adjusted Book per Share Chart

DMC Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.96 11.13 12.32 13.51 14.40

DMC Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 13.51 13.85 14.12 14.34 14.40

Competitive Comparison of DMC Global's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, DMC Global'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.


DMC Global's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DMC Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DMC Global Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, DMC Global's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=20.745/129.4194*129.4194
=20.745

Current CPI (Dec. 2023) = 129.4194.

DMC Global Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.357 99.695 16.041
201406 12.636 100.560 16.262
201409 12.079 100.428 15.566
201412 11.068 99.070 14.459
201503 10.061 99.621 13.070
201506 10.135 100.684 13.028
201509 9.741 100.392 12.558
201512 8.332 99.792 10.806
201603 8.502 100.470 10.952
201606 8.345 101.688 10.621
201609 8.194 101.861 10.411
201612 7.754 101.863 9.852
201703 7.555 102.862 9.506
201706 7.920 103.349 9.918
201709 7.198 104.136 8.946
201712 7.156 104.011 8.904
201803 7.486 105.290 9.202
201806 7.667 106.317 9.333
201809 8.015 106.507 9.739
201812 9.009 105.998 11.000
201903 9.937 107.251 11.991
201906 11.163 108.070 13.368
201909 11.408 108.329 13.629
201912 11.748 108.420 14.023
202003 11.775 108.902 13.994
202006 11.530 108.767 13.719
202009 11.505 109.815 13.559
202012 12.796 109.897 15.069
202103 13.795 111.754 15.976
202106 18.480 114.631 20.864
202109 18.419 115.734 20.597
202112 18.631 117.630 20.498
202203 18.028 121.301 19.235
202206 18.187 125.017 18.827
202209 18.569 125.227 19.191
202212 19.485 125.222 20.138
202303 19.389 127.348 19.704
202306 20.153 128.729 20.261
202309 20.501 129.860 20.432
202312 20.745 129.419 20.745

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


DMC Global  (NAS:BOOM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

DMC Global's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.49/14.4
=1.15

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DMC Global was 6.61. The lowest was 0.53. And the median was 2.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


DMC Global Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of DMC Global's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


DMC Global (DMC Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DMC Global Inc (NAS:BOOM) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
11800 Ridge Parkway, Suite 300, Broomfield, CO, USA, 80021
DMC Global Inc operates a diversified family of technical product and process businesses serving the energy, industrial and infrastructure markets. Its business is organized into three segments: Arcadia, DynaEnergetics, and NobelClad. Arcadia is a provider of architectural building products and operates in two divisions - Commercial and Residential. NobelClad is involved in the production of explosion-welded clad metal plates for use in the construction of corrosion-resistant industrial processing equipment and specialized transition joints. DynaEnergetics driver, designs manufactures and distributes products utilized by the oil and gas industry principally for the perforation of oil and gas wells.
Executives
Richard P Graff director 2339 WOODBURY LANE, EVERGREEN CO 80439
Ouma Sananikone director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Brett A. Seger officer: Chief Accounting Officer 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Eric V. Walter officer: Chief Financial Officer 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Chilcoff James W. Jr. officer: President of Arcadia 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Robert A Cohen director C/O DYNAMIC MATERIALS, INC., 5405 SPINE ROAD, BOULDER CO 80301
Kevin T Longe director, officer: President and CEO C/O LYDALL, INC., ONE COLONIAL ROAD, P.O. BOX 151, MANCHESTER CT 06045-0151
James Schladen officer: President of Arcadia 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
David C Aldous director C/O DYNAMIC MATERIALS, INC., 5405 SPINE ROAD, BOULDER CO 80301
Michael Kuta officer: Chief Financial Officer C/O DYNAMIC MATERIALS CORPORATION, 5405 SPINE ROAD, BOULDER CO 80301
Antoine Nobili officer: President of NobelClad 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Michelle H Shepston officer: Chief Legal Officer C/O DYNAMIC MATERIALS CORPORATION, 5405 SPINE ROAD, BOULDER CO 80301
Yvon Pierre Cariou director
Ruth Dreessen director 6850 VERSAR CENTER, SPRINGFIELD VA 22151
Ian Grieves officer: Pres & Gen Mgr, DynaEnergetics C/O DYNAMIC MATERIALS, INC., 5405 SPINE ROAD, BOULDER CO 80301

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