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Dynamic Agri Tech (ASX:DAT) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Dynamic Agri Tech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynamic Agri Tech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dynamic Agri Tech'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.

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Dynamic Agri Tech Cyclically Adjusted PB Ratio Chart

Dynamic Agri Tech Annual Data
Trend Jun94 Jun95 Jun96 Jun97 Jun98 Jun00 Jun01 Jun02 Jun03 Jun04
Cyclically Adjusted PB Ratio
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Dynamic Agri Tech Semi-Annual Data
Dec99 Jun00
Cyclically Adjusted PB Ratio - -

Competitive Comparison of Dynamic Agri Tech's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Dynamic Agri Tech'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.


Dynamic Agri Tech's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Dynamic Agri Tech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dynamic Agri Tech 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.

Dynamic Agri Tech's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun04 is calculated as:

For example, Dynamic Agri Tech's adjusted Book Value per Share data for the fiscal year that ended in Jun04 was:

Adj_Book=Book Value per Share/CPI of Jun04 (Change)*Current CPI (Jun04)
=0.057/74.8549*74.8549
=0.057

Current CPI (Jun04) = 74.8549.

Dynamic Agri Tech Annual Data

Book Value per Share CPI Adj_Book
199406 0.070 57.488 0.091
199506 0.080 60.088 0.100
199606 0.066 61.946 0.080
199706 1.018 62.131 1.226
199806 0.216 62.596 0.258
200006 0.110 65.196 0.126
200106 0.031 69.190 0.034
200206 0.138 71.140 0.145
200306 0.046 72.997 0.047
200406 0.057 74.855 0.057

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.


Dynamic Agri Tech  (ASX:DAT) 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.


Dynamic Agri Tech Cyclically Adjusted PB Ratio Related Terms

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Dynamic Agri Tech (ASX:DAT) Business Description

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