GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dollarama Inc (FRA:DR3) » Definitions » Cyclically Adjusted Book per Share

Dollarama (FRA:DR3) Cyclically Adjusted Book per Share : €0.36 (As of Apr. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Dollarama 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.

Dollarama's adjusted book value per share for the three months ended in Apr. 2024 was €1.049. 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 €0.36 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Dollarama's average Cyclically Adjusted Book Growth Rate was -19.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.40% 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 Dollarama was -11.80% per year. The lowest was -20.40% per year. And the median was -16.00% per year.

As of today (2024-06-21), Dollarama's current stock price is €83.56. Dollarama's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €0.36. Dollarama's Cyclically Adjusted PB Ratio of today is 232.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dollarama was 243.40. The lowest was 22.52. And the median was 54.39.


Dollarama Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dollarama'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.

Dollarama Cyclically Adjusted Book per Share Chart

Dollarama Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.69 0.63 0.48 0.37

Dollarama Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.44 0.43 0.40 0.37 0.36

Competitive Comparison of Dollarama's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Dollarama'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.


Dollarama's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dollarama 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, Dollarama's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.049/126.8896*126.8896
=1.049

Current CPI (Apr. 2024) = 126.8896.

Dollarama Quarterly Data

Book Value per Share CPI Adj_Book
201407 1.172 99.315 1.497
201410 1.242 99.473 1.584
201501 1.351 98.209 1.746
201504 1.420 99.710 1.807
201507 1.359 100.579 1.714
201510 1.127 100.500 1.423
201601 0.825 100.184 1.045
201604 0.620 101.370 0.776
201607 0.489 101.844 0.609
201610 0.390 102.002 0.485
201701 0.207 102.318 0.257
201704 0.072 103.029 0.089
201707 -0.120 103.029 -0.148
201710 -0.031 103.424 -0.038
201801 -0.667 104.056 -0.813
201804 -0.286 105.320 -0.345
201807 -0.114 106.110 -0.136
201810 -0.453 105.952 -0.543
201901 -0.664 105.557 -0.798
201904 -0.463 107.453 -0.547
201907 -0.229 108.243 -0.268
201910 -0.247 107.927 -0.290
202001 -0.205 108.085 -0.241
202004 0.022 107.216 0.026
202007 0.237 108.401 0.277
202010 0.542 108.638 0.633
202101 0.696 109.192 0.809
202104 0.308 110.851 0.353
202107 0.306 112.431 0.345
202110 0.043 113.695 0.048
202201 -0.158 114.801 -0.175
202204 -0.043 118.357 -0.046
202207 -0.324 120.964 -0.340
202210 0.105 121.517 0.110
202301 0.069 121.596 0.072
202304 0.517 123.571 0.531
202307 0.493 124.914 0.501
202310 0.800 125.310 0.810
202401 0.934 125.072 0.948
202404 1.049 126.890 1.049

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


Dollarama  (FRA:DR3) 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.

Dollarama's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=83.56/0.36
=232.11

* 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 Dollarama was 243.40. The lowest was 22.52. And the median was 54.39.


Be Aware

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


Dollarama Cyclically Adjusted Book per Share Related Terms

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


Dollarama (FRA:DR3) Business Description

Industry
Traded in Other Exchanges
Address
5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items both in-store and online. General merchandise and consumer products jointly account for the majority of the company's product offerings. The company's stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.

Dollarama (FRA:DR3) Headlines

No Headlines