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Dine Brands Global (Dine Brands Global) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Dine Brands Global Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dine Brands Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dine Brands Global'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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Dine Brands Global Cyclically Adjusted PB Ratio Chart

Dine Brands Global 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 12.86 13.99 34.44 - -

Dine Brands Global 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 - - - - -

Competitive Comparison of Dine Brands Global's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Dine Brands 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.


Dine Brands Global's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Dine Brands Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dine Brands Global 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.

Dine Brands Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dine Brands Global'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)
=-15.842/129.4194*129.4194
=-15.842

Current CPI (Mar. 2024) = 129.4194.

Dine Brands Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.375 100.560 21.075
201409 16.741 100.428 21.574
201412 14.724 99.070 19.235
201503 15.128 99.621 19.653
201506 14.881 100.684 19.128
201509 14.695 100.392 18.944
201512 14.417 99.792 18.697
201603 14.139 100.470 18.213
201606 14.060 101.688 17.894
201609 14.179 101.861 18.015
201612 14.067 101.863 17.873
201703 13.645 102.862 17.168
201706 13.983 103.349 17.510
201709 -12.040 104.136 -14.963
201712 -11.979 104.011 -14.905
201803 -12.102 105.290 -14.875
201806 -12.540 106.317 -15.265
201809 -12.027 106.507 -14.614
201812 -11.464 105.998 -13.997
201903 -10.811 107.251 -13.046
201906 -12.469 108.070 -14.932
201909 -14.284 108.329 -17.065
201912 -14.634 108.420 -17.468
202003 -14.395 108.902 -17.107
202006 -22.450 108.767 -26.713
202009 -21.707 109.815 -25.582
202012 -21.556 109.897 -25.385
202103 -18.516 111.754 -21.443
202106 -16.460 114.631 -18.583
202109 -14.769 115.734 -16.515
202112 -14.146 117.630 -15.564
202203 -15.835 121.301 -16.895
202206 -19.506 125.017 -20.193
202209 -19.232 125.227 -19.876
202212 -19.301 125.222 -19.948
202303 -18.417 127.348 -18.717
202306 -18.027 128.729 -18.124
202309 -17.676 129.860 -17.616
202312 -16.356 129.419 -16.356
202403 -15.842 129.419 -15.842

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.


Dine Brands Global  (NYSE:DIN) 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.


Dine Brands Global Cyclically Adjusted PB Ratio Related Terms

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Dine Brands Global (Dine Brands Global) Business Description

Traded in Other Exchanges
N/A
Address
450 North Brand Boulevard, Glendale, CA, USA, 91203-2346
Dine Brands Global Inc owns and franchises thousands of restaurants under the Applebee's and International House of Pancakes names. Almost all company restaurants are located in the United States and franchised. Royalty revenue, which the company gets from franchisees based on franchisees' sales, accounts for roughly three-quarters of total company revenue. The company also earns revenue by leasing restaurant sites to franchisees. The company has four reportable segments Franchise operations, (an aggregation of Applebee's and IHOP franchise operations), Rental operations, Financing operations, and Company-operated restaurant operations. The majority of revenue is derived from the Franchise operations segment.
Executives
Vance Yuwen Chang officer: Chief Financial Officer 5780 UPLANDER WAY, CULVER CITY CA 90230
John W. Peyton director, officer: Chief Executive Officer 175 PARK AVENUE, MADISON NJ 07940
Michael Hyter director 450 N BRAND BLVD., GLENDALE CA 91203
Jay D. Johns officer: President, IHOP Business Unit 450 NORTH BRAND BLVD, GLENDALE CA 91203
Lilian Tomovich director 2028 GROUSE STREET, LAS VEGAS NV 89134
Richard J Dahl director DOLE FOOD CO, 1 DOLE DRIVE, WESTLAKE CA 91362
Caroline W Nahas director 450 NORTH BRAND BLVD 7TH FL, GLENDALE CA 91203
Martha Poulter director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, ONE STARPOINT, STAMFORD CT 06902
Christine K. Son officer: SVP, Legal, GC and Secretary 450 N. BRAND BLVD., 7TH FLOOR, GLENDALE CA 91203
Susan Collyns director 6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Tony E. Moralejo officer: President, Applebee's 450 N BRAND BLVD, 7TH FLOOR, GLENDALE CA 91203
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
Artie Starrs director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Gregg Lemkau director 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022
Marc R Lisker director 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022-5910