De La Rue (De La Rue) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)

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What is De La Rue Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

De La Rue Cyclically Adjusted PB Ratio Historical Data

The historical data trend for De La Rue'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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De La Rue Cyclically Adjusted PB Ratio Chart

De La Rue Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cyclically Adjusted PB Ratio

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De La Rue Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of De La Rue's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, De La Rue'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.

De La Rue's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, De La Rue's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where De La Rue's Cyclically Adjusted PB Ratio falls into.

De La Rue 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.

De La Rue's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, De La Rue's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book	=	Book Value per Share	/	CPI of Mar23 (Change)	*	Current CPI (Mar23)
	=	0.119	/	126.8000	*	126.8000
	=	0.119

Current CPI (Mar23) = 126.8000.

De La Rue Annual Data

	Book Value per Share	CPI	Adj_Book
201403	-1.139	99.300	-1.454
201503	-2.063	99.600	-2.626
201603	-1.957	100.400	-2.472
201703	-1.672	102.700	-2.064
201803	-0.369	105.100	-0.445
201903	-0.454	107.000	-0.538
202003	0.849	108.600	0.991
202103	0.675	109.700	0.780
202203	0.971	116.500	1.057
202303	0.119	126.800	0.119

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.

De La Rue (OTCPK:DELRF) 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.

De La Rue Cyclically Adjusted PB Ratio Related Terms

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De La Rue (De La Rue) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » De La Rue PLC (OTCPK:DELRF) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

DLUEY:USA DLARl:UK DLAR:UK DL1C:Germany

Address

De La Rue House, Jays Close, Viables, Basingstoke, Hampshire, GBR, RG22 4BS

Website

https://www.delarue.com

De La Rue PLC offers security products, software solutions, and specialist services that underpin the integrity of trade, personal identity, and the movement of goods. Its segments include: Currency provides printed banknotes, polymer substrates, and banknote security components; Identity Solutions involve the provision of passport, e-Passport, national ID and e-ID, driving license and voter registration schemes; and Product Authentication and Traceability produces security documents, including authentication labels, brand licensing products, government documents, cheques, and postage stamps. It operates in the Middle East, Africa, Asia, the United Kingdom, the United States of America, and the Rest of the world and derives maximum revenue from the currency segment.