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Dycom Industries (STU:DYI) Cyclically Adjusted Book per Share : €26.43 (As of Apr. 2024)


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What is Dycom 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.

Dycom Industries's adjusted book value per share for the three months ended in Apr. 2024 was €34.620. 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 €26.43 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Dycom Industries's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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 Dycom Industries was 27.20% per year. The lowest was -5.30% per year. And the median was 11.30% per year.

As of today (2024-05-27), Dycom Industries's current stock price is €165.00. Dycom Industries's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €26.43. Dycom Industries's Cyclically Adjusted PB Ratio of today is 6.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dycom Industries was 8.33. The lowest was 0.89. And the median was 3.92.


Dycom Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dycom 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.

Dycom Industries Cyclically Adjusted Book per Share Chart

Dycom Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.30 16.88 19.55 22.58 26.18

Dycom Industries 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 23.21 24.10 24.85 26.18 26.43

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

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 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, Dycom Industries'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)
=34.62/131.7762*131.7762
=34.620

Current CPI (Apr. 2024) = 131.7762.

Dycom Industries Quarterly Data

Book Value per Share CPI Adj_Book
201407 10.543 100.520 13.821
201410 11.803 100.176 15.526
201501 12.789 98.604 17.092
201504 14.159 99.824 18.691
201507 13.811 100.691 18.075
201510 14.928 100.346 19.604
201601 15.798 99.957 20.827
201604 14.104 100.947 18.411
201607 16.052 101.524 20.835
201610 17.710 101.988 22.883
201701 18.401 102.456 23.667
201704 18.695 103.167 23.879
201707 18.730 103.278 23.898
201710 18.970 104.070 24.020
201801 0.000 104.578 0.000
201804 19.517 105.708 24.330
201807 21.471 106.324 26.611
201810 22.717 106.695 28.057
201901 22.413 106.200 27.811
201904 23.217 107.818 28.376
201907 24.175 108.250 29.429
201910 25.242 108.577 30.635
202001 24.779 108.841 30.001
202004 24.253 108.173 29.545
202007 23.877 109.318 28.782
202010 24.324 109.861 29.176
202101 21.757 110.364 25.978
202104 22.000 112.673 25.730
202107 21.884 115.183 25.037
202110 23.160 116.696 26.153
202201 22.644 118.619 25.156
202204 23.769 121.978 25.678
202207 26.597 125.002 28.038
202210 29.486 125.734 30.903
202301 27.469 126.223 28.678
202304 27.917 127.992 28.742
202307 29.711 128.974 30.356
202310 34.021 129.810 34.536
202401 33.281 130.124 33.703
202404 34.620 131.776 34.620

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


Dycom Industries  (STU:DYI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=165.00/26.43
=6.24

* 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 Dycom Industries was 8.33. The lowest was 0.89. And the median was 3.92.


Be Aware

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


Dycom Industries Cyclically Adjusted Book per Share Related Terms

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


Dycom Industries (STU:DYI) Business Description

Industry
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.

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