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Cordish Dixon Private Equity Fund II (ASX:CD2) Cyclically Adjusted PB Ratio : 0.39 (As of Jan. 19, 2025)


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What is Cordish Dixon Private Equity Fund II Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Cordish Dixon Private Equity Fund II's current share price is A$0.92. Cordish Dixon Private Equity Fund II's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was A$2.38. Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio for today is 0.39.

The historical rank and industry rank for Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:CD2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.46   Max: 0.56
Current: 0.37

During the past 11 years, Cordish Dixon Private Equity Fund II's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.34. And the median was 0.46.

ASX:CD2's Cyclically Adjusted PB Ratio is ranked better than
84.69% of 934 companies
in the Asset Management industry
Industry Median: 0.79 vs ASX:CD2: 0.37

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.

Cordish Dixon Private Equity Fund II's adjusted book value per share data of for the fiscal year that ended in Mar24 was A$1.543. 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 A$2.38 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cordish Dixon Private Equity Fund II Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio 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.

Cordish Dixon Private Equity Fund II Cyclically Adjusted PB Ratio Chart

Cordish Dixon Private Equity Fund II Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.45 0.45

Cordish Dixon Private Equity Fund II Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cyclically Adjusted PB Ratio 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 - - 0.45 - 0.45

Competitive Comparison of Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Cordish Dixon Private Equity Fund II'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.


Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio falls into.



Cordish Dixon Private Equity Fund II Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Cordish Dixon Private Equity Fund II's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.92/2.38
=0.39

* 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.

Cordish Dixon Private Equity Fund II's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Cordish Dixon Private Equity Fund II's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.543/127.6062*127.6062
=1.543

Current CPI (Mar24) = 127.6062.

Cordish Dixon Private Equity Fund II Annual Data

Book Value per Share CPI Adj_Book
201503 2.167 99.187 2.788
201603 2.053 100.488 2.607
201703 2.087 102.624 2.595
201803 1.963 104.574 2.395
201903 2.278 105.967 2.743
202003 2.326 108.289 2.741
202103 2.232 109.496 2.601
202203 1.968 115.069 2.182
202303 1.589 123.148 1.647
202403 1.543 127.606 1.543

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


Cordish Dixon Private Equity Fund II  (ASX:CD2) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cordish Dixon Private Equity Fund II Cyclically Adjusted PB Ratio Related Terms

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Cordish Dixon Private Equity Fund II Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 44, Melbourne, VIC, AUS, 3000
Cordish Dixon Private Equity Fund II invests in small-to-mid-sized private investment funds and privately held companies predominantly focused in the United States. It invests in various industries such as healthcare, business services, consumer products and services, manufacturing, software & technology, etc.

Cordish Dixon Private Equity Fund II Headlines

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