GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (FRA:DO4B) » Definitions » Cyclically Adjusted Book per Share

Dorel Industries (FRA:DO4B) Cyclically Adjusted Book per Share : €23.40 (As of Mar. 2024)


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

What is Dorel Industries 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.

Dorel Industries's adjusted book value per share for the three months ended in Mar. 2024 was €5.806. 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 €23.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dorel Industries's average Cyclically Adjusted Book Growth Rate was -9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Dorel Industries was 26.50% per year. The lowest was -4.30% per year. And the median was 6.05% per year.

As of today (2024-06-23), Dorel Industries's current stock price is €4.60. Dorel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.40. Dorel Industries's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dorel Industries was 1.17. The lowest was 0.04. And the median was 0.49.


Dorel Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Cyclically Adjusted Book per Share Chart

Dorel Industries 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 27.73 23.84 27.59 26.96 24.15

Dorel Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.08 23.71 26.29 24.15 23.40

Competitive Comparison of Dorel Industries's Cyclically Adjusted Book per Share

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 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, Dorel Industries'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)
=5.806/126.2576*126.2576
=5.806

Current CPI (Mar. 2024) = 126.2576.

Dorel Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.349 99.473 39.790
201409 32.151 99.394 40.840
201412 30.287 98.367 38.874
201503 32.811 99.789 41.514
201506 32.148 100.500 40.387
201509 30.700 100.421 38.598
201512 31.299 99.947 39.538
201603 31.491 101.054 39.345
201606 29.689 102.002 36.749
201609 29.944 101.765 37.151
201612 30.897 101.449 38.453
201703 30.692 102.634 37.757
201706 29.684 103.029 36.377
201709 28.538 103.345 34.865
201712 28.450 103.345 34.758
201803 27.432 105.004 32.984
201806 27.473 105.557 32.861
201809 27.259 105.636 32.580
201812 15.746 105.399 18.862
201903 14.994 106.979 17.696
201906 14.948 107.690 17.525
201909 14.681 107.611 17.225
201912 14.821 107.769 17.364
202003 12.604 107.927 14.745
202006 12.643 108.401 14.726
202009 13.160 108.164 15.361
202012 12.548 108.559 14.594
202103 13.075 110.298 14.967
202106 13.729 111.720 15.516
202109 12.867 112.905 14.389
202112 12.768 113.774 14.169
202203 10.575 117.646 11.349
202206 10.523 120.806 10.998
202209 10.108 120.648 10.578
202212 8.157 120.964 8.514
202303 7.215 122.702 7.424
202306 6.744 124.203 6.856
202309 6.494 125.230 6.547
202312 6.330 125.072 6.390
202403 5.806 126.258 5.806

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


Dorel Industries  (FRA:DO4B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.60/23.4
=0.20

* 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 Dorel Industries was 1.17. The lowest was 0.04. And the median was 0.49.


Be Aware

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


Dorel Industries Cyclically Adjusted Book per Share Related Terms

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


Dorel Industries (FRA:DO4B) 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.

Dorel Industries (FRA:DO4B) Headlines

No Headlines