GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » The Dixie Group Inc (NAS:DXYN) » Definitions » Cyclically Adjusted PB Ratio

The Dixie Group (The Dixie Group) Cyclically Adjusted PB Ratio : 0.10 (As of Apr. 27, 2024)


View and export this data going back to 1986. Start your Free Trial

What is The Dixie Group Cyclically Adjusted PB Ratio?

As of today (2024-04-27), The Dixie Group's current share price is $0.52. The Dixie Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.28. The Dixie Group's Cyclically Adjusted PB Ratio for today is 0.10.

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

DXYN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.52   Max: 1.94
Current: 0.1

During the past years, The Dixie Group's highest Cyclically Adjusted PB Ratio was 1.94. The lowest was 0.09. And the median was 0.52.

DXYN's Cyclically Adjusted PB Ratio is ranked better than
97.51% of 643 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs DXYN: 0.10

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.

The Dixie Group's adjusted book value per share data for the three months ended in Dec. 2023 was $1.886. 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 $5.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Dixie Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Dixie Group'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.

The Dixie Group Cyclically Adjusted PB Ratio Chart

The Dixie Group 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 0.21 0.48 1.04 0.14 0.14

The Dixie Group 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 0.14 0.14 0.24 0.13 0.14

Competitive Comparison of The Dixie Group's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, The Dixie Group'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.


The Dixie Group's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, The Dixie Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Dixie Group 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.

The Dixie Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.52/5.28
=0.10

* 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.

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

For example, The Dixie Group'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)
=1.886/129.4194*129.4194
=1.886

Current CPI (Dec. 2023) = 129.4194.

The Dixie Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.498 99.695 7.137
201406 6.221 100.560 8.006
201409 6.230 100.428 8.028
201412 5.895 99.070 7.701
201503 5.650 99.621 7.340
201506 5.722 100.684 7.355
201509 5.668 100.392 7.307
201512 5.673 99.792 7.357
201603 5.292 100.470 6.817
201606 5.385 101.688 6.854
201609 5.448 101.861 6.922
201612 5.411 101.863 6.875
201703 5.391 102.862 6.783
201706 5.471 103.349 6.851
201709 5.453 104.136 6.777
201712 4.911 104.011 6.111
201803 4.723 105.290 5.805
201806 4.647 106.317 5.657
201809 4.503 106.507 5.472
201812 3.605 105.998 4.402
201903 3.187 107.251 3.846
201906 3.078 108.070 3.686
201909 2.927 108.329 3.497
201912 4.616 108.420 5.510
202003 4.392 108.902 5.219
202006 3.966 108.767 4.719
202009 4.055 109.815 4.779
202012 4.132 109.897 4.866
202103 3.932 111.754 4.554
202106 4.152 114.631 4.688
202109 4.575 115.734 5.116
202112 4.202 117.630 4.623
202203 3.942 121.301 4.206
202206 3.642 125.017 3.770
202209 3.124 125.227 3.229
202212 2.022 125.222 2.090
202303 1.913 127.348 1.944
202306 1.809 128.729 1.819
202309 1.667 129.860 1.661
202312 1.886 129.419 1.886

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.


The Dixie Group  (NAS:DXYN) 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.


The Dixie Group Cyclically Adjusted PB Ratio Related Terms

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


The Dixie Group (The Dixie Group) Business Description

Traded in Other Exchanges
Address
475 Reed Road, Dalton, GA, USA, 30720
The Dixie Group Inc is carpet and rug mills company. Its businesses consist principally of marketing, manufacturing and selling finished carpet, rugs, and luxury vinyl tile in the domestic floor covering market. The company has one reportable segment, Floor covering. The company sells floor covering products in both residential and commercial applications. Additionally, the company provides manufacturing support to its carpet businesses through its separate processing operations. Its business is primarily concentrated in areas of the soft floor covering market segment. The company provides its products under the brand of Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract, and Hospitality.
Executives
Lowry F Kline director PO BOX 2007, DALTON GA 30722
Allen L Danzey officer: Chief Financial Officer PO BOX 2007, DALTON GA 30722-2007
Frierson Daniel K Jr officer: President, Masland Residential PO BOX 2007, DALTON GA 30722
Jon A Faulkner officer: VP Planning & Development PO BOX 2007, DALTON GA 30722
Daniel K Frierson director, 10 percent owner, officer: Chairman of the Board & CEO PO BOX 2007, DALTON GA 30722
W Derek Davis officer: VP - Human Resources PO BOX 2007, DALTON GA 30722
Murrey John W Iii director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Thomas Martin Nuckols officer: Executive Vice President 475 REED ROAD, DALTON GA 30720
Blue William F Jr director PO BOX 2007, DALTON GA 30722
David E Hobbs officer: VP - Pres Masland Contract 716 BILL MYLES DRIVE, SARALAND AL 36571
Paul B Comiskey officer: Vice Pres/President Dixie Home PO BOX 2007, DALTON GA 30722
D Eugene Lasater officer: Controller 2208 S. HAMILTON STREET, DALTON GA 30721
Starr T Klein officer: Secretary PO BOX 25107, CHATTANOOGA TN 37422-5107
Michael L. Owens director PO BOX 2007, DALTON GA 30722
Vinson Lee Martin officer: VP-President Masland Contract 716 BILL MYLES DRIVE, SARALAND AL 36571