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Dubai Refreshments PSC (DFM:DRC) Cyclically Adjusted Book per Share : د.إ11.85 (As of Dec. 2023)


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What is Dubai Refreshments PSC Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Dubai Refreshments PSC's adjusted book value per share for the three months ended in Dec. 2023 was د.إ13.927. 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 د.إ11.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dubai Refreshments PSC's average Cyclically Adjusted Book Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-01), Dubai Refreshments PSC's current stock price is د.إ18.05. Dubai Refreshments PSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was د.إ11.85. Dubai Refreshments PSC's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dubai Refreshments PSC was 1.99. The lowest was 1.35. And the median was 1.60.


Dubai Refreshments PSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dubai Refreshments PSC's Cyclically Adjusted Book per Share 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.

Dubai Refreshments PSC Cyclically Adjusted Book per Share Chart

Dubai Refreshments PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.29 11.18 11.85

Dubai Refreshments PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 11.18 11.39 11.61 11.80 11.85

Competitive Comparison of Dubai Refreshments PSC's Cyclically Adjusted Book per Share

For the Beverages - Non-Alcoholic subindustry, Dubai Refreshments PSC'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.


Dubai Refreshments PSC's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Dubai Refreshments PSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dubai Refreshments PSC's Cyclically Adjusted PB Ratio falls into.



Dubai Refreshments PSC Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Dubai Refreshments PSC'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)
=13.927/129.4194*129.4194
=13.927

Current CPI (Dec. 2023) = 129.4194.

Dubai Refreshments PSC Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.875 99.695 10.223
201406 8.264 100.560 10.636
201409 8.692 100.428 11.201
201412 9.037 99.070 11.805
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 9.657 100.392 12.449
201512 9.772 99.792 12.673
201603 9.444 100.470 12.165
201606 9.762 101.688 12.424
201609 10.127 101.861 12.867
201612 10.364 101.863 13.168
201703 9.876 102.862 12.426
201706 10.002 103.349 12.525
201709 10.592 104.136 13.164
201712 10.554 104.011 13.132
201803 9.800 105.290 12.046
201806 9.802 106.317 11.932
201809 9.970 106.507 12.115
201812 9.974 105.998 12.178
201903 9.652 107.251 11.647
201906 9.683 108.070 11.596
201909 9.922 108.329 11.854
201912 9.846 108.420 11.753
202003 9.222 108.902 10.959
202006 9.201 108.767 10.948
202009 9.466 109.815 11.156
202012 9.645 109.897 11.358
202103 9.340 111.754 10.816
202106 9.635 114.631 10.878
202109 10.289 115.734 11.506
202112 10.477 117.630 11.527
202203 10.185 121.301 10.867
202206 10.377 125.017 10.742
202209 10.493 125.227 10.844
202212 10.837 125.222 11.200
202303 10.200 127.348 10.366
202306 13.244 128.729 13.315
202309 13.793 129.860 13.746
202312 13.927 129.419 13.927

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Dubai Refreshments PSC  (DFM:DRC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Dubai Refreshments PSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.05/11.85
=1.52

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dubai Refreshments PSC was 1.99. The lowest was 1.35. And the median was 1.60.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Dubai Refreshments PSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Dubai Refreshments PSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dubai Refreshments PSC (DFM:DRC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE
Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

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