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Dorel Industries (TSX:DII.B) Cyclically Adjusted Book per Share : C$30.58 (As of Sep. 2024)


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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 Sep. 2024 was C$5.011. 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 C$30.58 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Dorel Industries's average Cyclically Adjusted Book Growth Rate was -12.30% 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 (2025-03-02), Dorel Industries's current stock price is C$4.12. Dorel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$30.58. Dorel Industries's Cyclically Adjusted PB Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dorel Industries was 1.08. The lowest was 0.04. And the median was 0.32.


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 43.86 38.27 41.88 40.27 34.62

Dorel Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 37.86 34.62 35.67 39.14 30.58

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 Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.011/127.2847*127.2847
=5.011

Current CPI (Sep. 2024) = 127.2847.

Dorel Industries Quarterly Data

Book Value per Share CPI Adj_Book
201412 43.067 98.367 55.728
201503 44.805 99.789 57.150
201506 44.614 100.500 56.504
201509 45.708 100.421 57.935
201512 46.755 99.947 59.543
201603 46.381 101.054 58.420
201606 43.012 102.002 53.673
201609 44.052 101.765 55.099
201612 43.474 101.449 54.546
201703 43.944 102.634 54.499
201706 44.343 103.029 54.783
201709 41.766 103.345 51.441
201712 42.992 103.345 52.951
201803 43.746 105.004 53.028
201806 42.125 105.557 50.796
201809 41.459 105.636 49.955
201812 24.069 105.399 29.067
201903 22.654 106.979 26.954
201906 22.446 107.690 26.530
201909 21.408 107.611 25.322
201912 21.687 107.769 25.614
202003 19.442 107.927 22.929
202006 19.294 108.401 22.655
202009 20.508 108.164 24.133
202012 19.554 108.559 22.927
202103 19.564 110.298 22.577
202106 20.213 111.720 23.029
202109 19.180 112.905 21.623
202112 18.466 113.774 20.659
202203 14.744 117.646 15.952
202206 14.243 120.806 15.007
202209 13.350 120.648 14.084
202212 11.738 120.964 12.351
202303 10.569 122.702 10.964
202306 9.707 124.203 9.948
202309 9.378 125.230 9.532
202312 9.261 125.072 9.425
202403 8.543 126.258 8.612
202406 5.947 127.522 5.936
202409 5.011 127.285 5.011

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


Dorel Industries  (TSX:DII.B) 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
=4.12/30.58
=0.13

* 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 1.08. The lowest was 0.04. And the median was 0.32.


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 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 includes 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 Headlines

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