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Dycom Industries (Dycom Industries) Cyclically Adjusted PB Ratio : 5.16 (As of Apr. 29, 2024)


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What is Dycom Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Dycom Industries's current share price is $142.85. Dycom Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $27.70. Dycom Industries's Cyclically Adjusted PB Ratio for today is 5.16.

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

DY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 3.89   Max: 8.33
Current: 5.15

During the past years, Dycom Industries's highest Cyclically Adjusted PB Ratio was 8.33. The lowest was 0.89. And the median was 3.89.

DY's Cyclically Adjusted PB Ratio is ranked worse than
92.01% of 1152 companies
in the Construction industry
Industry Median: 1.12 vs DY: 5.15

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.

Dycom Industries's adjusted book value per share data for the three months ended in Jan. 2024 was $36.253. 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 $27.70 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dycom Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dycom 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.

Dycom Industries Cyclically Adjusted PB Ratio Chart

Dycom Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 4.12 3.73 3.76 4.03

Dycom Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.76 3.55 3.73 3.12 4.03

Competitive Comparison of Dycom Industries's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Dycom 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.


Dycom Industries's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dycom Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dycom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.85/27.7
=5.16

* 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.

Dycom Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Dycom Industries's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=36.253/129.4194*129.4194
=36.253

Current CPI (Jan. 2024) = 129.4194.

Dycom Industries Quarterly Data

Book Value per Share CPI Adj_Book
201404 13.697 100.023 17.722
201407 14.267 100.520 18.369
201410 14.960 100.176 19.327
201501 14.854 98.604 19.496
201504 15.324 99.824 19.867
201507 15.194 100.691 19.529
201510 16.754 100.346 21.608
201601 17.153 99.957 22.209
201604 16.009 100.947 20.524
201607 17.737 101.524 22.611
201610 19.505 101.988 24.751
201701 19.575 102.456 24.726
201704 20.038 103.167 25.137
201707 21.603 103.278 27.071
201710 22.291 104.070 27.721
201801 0.000 104.578 0.000
201804 23.947 105.708 29.319
201807 25.083 106.324 30.531
201810 26.112 106.695 31.673
201901 25.586 106.200 31.180
201904 26.087 107.818 31.313
201907 27.102 108.250 32.402
201910 27.923 108.577 33.283
202001 27.501 108.841 32.701
202004 26.362 108.173 31.540
202007 27.445 109.318 32.492
202010 28.616 109.861 33.711
202101 26.500 110.364 31.075
202104 26.316 112.673 30.227
202107 25.867 115.183 29.064
202110 26.868 116.696 29.797
202201 25.615 118.619 27.947
202204 25.668 121.978 27.234
202207 27.056 125.002 28.012
202210 29.050 125.734 29.901
202301 29.600 126.223 30.350
202304 30.610 127.992 30.951
202307 32.866 128.974 32.979
202310 35.925 129.810 35.817
202401 36.253 129.419 36.253

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.


Dycom Industries  (NYSE:DY) 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.


Dycom Industries Cyclically Adjusted PB Ratio Related Terms

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


Dycom Industries (Dycom Industries) Business Description

Traded in Other Exchanges
Address
11780 US Highway 1, Suite 600, Palm Beach Gardens, FL, USA, 33408
Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries. its operating companies supply telecommunications providers with a comprehensive portfolio of specialty services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services and provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also provides a range of construction, maintenance, and installation services, including the placement and splicing of fiber, copper, and coaxial cables. The company operates throughout the United States.
Executives
Sharon Villaverde officer: VP & Chief Accounting Officer 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Jason T Lawson officer: VP and CHRO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Marco Luis Avila director 11780 US HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Ryan F Urness officer: VP, GC & Secretary 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
H Andrew Deferrari officer: Sr. VP & CFO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Richard K Sykes director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dwight B Duke director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Steven E Nielsen director, officer: President and CEO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Carmen M Sabater director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Stephen C Robinson director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Patricia Higgins director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Timothy R Estes officer: Executive VP & COO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Daniel S Peyovich officer: Executive VP of Operations 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Jennifer M Fritzsche director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Pruitt Peter T Jr director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408