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The Dixie Group (FRA:DX6) Cyclically Adjusted Book per Share : €4.80 (As of Mar. 2024)


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What is The Dixie Group 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.

The Dixie Group's adjusted book value per share for the three months ended in Mar. 2024 was €1.558. 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 €4.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Dixie Group's average Cyclically Adjusted Book Growth Rate was -5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.60% 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 The Dixie Group was 0.80% per year. The lowest was -8.70% per year. And the median was -5.10% per year.

As of today (2024-06-10), The Dixie Group's current stock price is €0.71. The Dixie Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.80. The Dixie Group's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Dixie Group was 1.94. The lowest was 0.09. And the median was 0.51.


The Dixie Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Dixie Group'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.

The Dixie Group Cyclically Adjusted Book per Share Chart

The Dixie Group 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 4.88 4.36 4.79 5.10 4.65

The Dixie Group 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 5.02 4.76 4.85 4.65 4.80

Competitive Comparison of The Dixie Group's Cyclically Adjusted Book per Share

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 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, The Dixie Group'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)
=1.558/131.7762*131.7762
=1.558

Current CPI (Mar. 2024) = 131.7762.

The Dixie Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.579 100.560 6.000
201409 4.834 100.428 6.343
201412 4.781 99.070 6.359
201503 5.220 99.621 6.905
201506 5.098 100.684 6.672
201509 5.050 100.392 6.629
201512 5.208 99.792 6.877
201603 4.752 100.470 6.233
201606 4.793 101.688 6.211
201609 4.854 101.861 6.280
201612 5.130 101.863 6.637
201703 5.041 102.862 6.458
201706 4.869 103.349 6.208
201709 4.575 104.136 5.789
201712 4.149 104.011 5.257
201803 3.831 105.290 4.795
201806 3.978 106.317 4.931
201809 3.859 106.507 4.775
201812 3.169 105.998 3.940
201903 2.821 107.251 3.466
201906 2.724 108.070 3.322
201909 2.658 108.329 3.233
201912 4.154 108.420 5.049
202003 3.975 108.902 4.810
202006 3.521 108.767 4.266
202009 3.443 109.815 4.132
202012 3.397 109.897 4.073
202103 3.303 111.754 3.895
202106 3.446 114.631 3.961
202109 3.889 115.734 4.428
202112 3.718 117.630 4.165
202203 3.579 121.301 3.888
202206 3.445 125.017 3.631
202209 3.156 125.227 3.321
202212 1.909 125.222 2.009
202303 1.787 127.348 1.849
202306 1.670 128.729 1.710
202309 1.562 129.860 1.585
202312 1.730 129.419 1.762
202403 1.558 131.776 1.558

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


The Dixie Group  (FRA:DX6) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.71/4.8
=0.15

* 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 The Dixie Group was 1.94. The lowest was 0.09. And the median was 0.51.


Be Aware

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


The Dixie Group Cyclically Adjusted Book per Share Related Terms

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


The Dixie Group (FRA:DX6) 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.

The Dixie Group (FRA:DX6) Headlines

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