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Dorel Industries (Dorel Industries) Cyclically Adjusted PB Ratio : 0.17 (As of Apr. 29, 2024)


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What is Dorel Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Dorel Industries's current share price is $4.383. Dorel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $26.23. Dorel Industries's Cyclically Adjusted PB Ratio for today is 0.17.

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

DIIBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.51   Max: 1.23
Current: 0.18

During the past years, Dorel Industries's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.04. And the median was 0.51.

DIIBF's Cyclically Adjusted PB Ratio is ranked better than
95.85% of 289 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs DIIBF: 0.18

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.

Dorel Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $6.903. 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 $26.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dorel Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Cyclically Adjusted PB Ratio Chart

Dorel Industries 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 0.14 0.39 0.49 0.13 0.18

Dorel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.11 0.13 0.15 0.18

Competitive Comparison of Dorel Industries's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Dorel Industries'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.


Dorel Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dorel Industries 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.

Dorel Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.383/26.23
=0.17

* 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.

Dorel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dorel Industries'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)
=6.903/125.4675*125.4675
=6.903

Current CPI (Dec. 2023) = 125.4675.

Dorel Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 42.401 98.604 53.953
201406 42.593 99.473 53.723
201409 41.431 99.394 52.299
201412 37.345 98.367 47.634
201503 35.509 99.789 44.646
201506 36.081 100.500 45.045
201509 34.455 100.421 43.048
201512 34.095 99.947 42.801
201603 35.068 101.054 43.540
201606 33.359 102.002 41.033
201609 33.607 101.765 41.435
201612 32.592 101.449 40.308
201703 32.826 102.634 40.129
201706 33.353 103.029 40.617
201709 34.014 103.345 41.295
201712 33.668 103.345 40.875
201803 33.824 105.004 40.416
201806 32.095 105.557 38.149
201809 31.808 105.636 37.779
201812 17.914 105.399 21.325
201903 16.942 106.979 19.870
201906 16.891 107.690 19.679
201909 16.168 107.611 18.851
201912 16.468 107.769 19.172
202003 13.927 107.927 16.190
202006 14.237 108.401 16.478
202009 15.501 108.164 17.981
202012 15.266 108.559 17.644
202103 15.566 110.298 17.707
202106 16.541 111.720 18.576
202109 15.137 112.905 16.821
202112 14.427 113.774 15.910
202203 11.646 117.646 12.420
202206 11.124 120.806 11.553
202209 10.008 120.648 10.408
202212 8.641 120.964 8.963
202303 7.724 122.702 7.898
202306 7.307 124.203 7.381
202309 6.931 125.230 6.944
202312 6.903 125.468 6.903

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.


Dorel Industries  (OTCPK:DIIBF) 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.


Dorel Industries Cyclically Adjusted PB Ratio Related Terms

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


Dorel Industries (Dorel Industries) Business Description

Traded in Other Exchanges
Address
1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4
Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.