GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » DMS Inc (TSE:9782) » Definitions » Cyclically Adjusted Book per Share

DMS (TSE:9782) Cyclically Adjusted Book per Share : 円2,237.86 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is DMS 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.

DMS's adjusted book value per share for the three months ended in Sep. 2024 was 円2,925.653. 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 円2,237.86 for the trailing ten years ended in Sep. 2024.

During the past 12 months, DMS's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 DMS was 9.50% per year. The lowest was 6.80% per year. And the median was 8.00% per year.

As of today (2025-05-13), DMS's current stock price is 円2883.00. DMS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円2,237.86. DMS's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DMS was 1.53. The lowest was 0.58. And the median was 0.86.


DMS Cyclically Adjusted Book per Share Historical Data

The historical data trend for DMS'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.

DMS Cyclically Adjusted Book per Share Chart

DMS Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,547.91 1,651.00 1,794.53 1,982.11 2,169.12

DMS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 2,029.65 2,081.18 2,126.90 2,169.12 2,237.86

Competitive Comparison of DMS's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, DMS'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.


DMS's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, DMS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2925.653/108.9000*108.9000
=2,925.653

Current CPI (Sep. 2024) = 108.9000.

DMS Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,413.443 98.500 1,562.680
201412 1,457.401 97.900 1,621.154
201503 1,507.480 97.900 1,676.860
201506 1,515.140 98.400 1,676.817
201509 1,528.313 98.500 1,689.678
201512 1,573.272 98.100 1,746.476
201603 1,578.089 97.900 1,755.402
201606 1,583.905 98.100 1,758.280
201609 1,613.214 98.000 1,792.643
201612 1,664.025 98.400 1,841.589
201703 1,720.131 98.100 1,909.503
201706 1,732.360 98.500 1,915.269
201709 1,759.136 98.800 1,938.967
201712 1,809.803 99.400 1,982.772
201803 1,837.899 99.200 2,017.613
201806 1,857.622 99.200 2,039.264
201809 1,890.769 99.900 2,061.109
201812 1,930.244 99.700 2,108.361
201903 1,973.640 99.700 2,155.761
201906 1,999.875 99.800 2,182.228
201909 2,055.137 100.100 2,235.808
201912 2,117.208 100.500 2,294.169
202003 2,134.403 100.300 2,317.413
202006 2,145.905 99.900 2,339.230
202009 2,179.371 99.900 2,375.711
202012 2,236.944 99.300 2,453.204
202103 2,314.013 99.900 2,522.483
202106 2,325.032 99.500 2,544.683
202109 2,368.431 100.100 2,576.645
202112 2,428.041 100.100 2,641.495
202203 2,449.508 101.100 2,638.491
202206 2,496.649 101.800 2,670.777
202209 2,541.919 103.100 2,684.917
202212 2,614.728 104.100 2,735.292
202303 2,610.789 104.400 2,723.323
202306 2,687.523 105.200 2,782.046
202309 2,712.015 106.200 2,780.965
202312 2,843.512 106.800 2,899.424
202403 2,894.153 107.200 2,940.049
202409 2,925.653 108.900 2,925.653

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


DMS  (TSE:9782) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2883.00/2237.86
=1.29

* 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 DMS was 1.53. The lowest was 0.58. And the median was 0.86.


Be Aware

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


DMS Cyclically Adjusted Book per Share Related Terms

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


DMS Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-11 Kanda-Ogawamachi, Chiyoda Ogawamachi Kurosuta, 10th Floor, Chiyoda-ku, Tokyo, JPN, 101-0052
DMS Inc provides direct mailing and sales promotion services in Japan. It processes and distributes direct mailing, and logistics support for outsourcing services including sales promotion, and production services ranging from consulting to deployment. In addition, the company is also involved in leasing activities.

DMS Headlines

No Headlines