Domino's Pizza (BSP:D2PZ34) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:D2PZ34 Domino's Pizza Inc BSP:D2PZ34
74 GF Score
Price R$37.60
GF Value R$49.68
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Domino's Pizza Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Domino's Pizza  (BSP:D2PZ34) 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.


Domino's Pizza Cyclically Adjusted PB Ratio Related Terms


Domino's Pizza Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Domino's Pizza'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.

Domino's Pizza Cyclically Adjusted PB Ratio Chart

Domino's Pizza Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Domino's Pizza Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 0.00 0.00 0.00 0.00

BSP:D2PZ34 vs LKNCY, TXRH, BROS: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Domino's Pizza'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.


Domino's Pizza Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Domino's Pizza's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:D2PZ34
74GF Score
Domino's Pizza Inc BSP:D2PZ34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Domino's Pizza 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.

Domino's Pizza's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Domino's Pizza's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-12.658/324.0540*324.0540
=-12.658

Current CPI (Dec25) = 324.0540.

Domino's Pizza Annual Data

Book Value per Share CPI Adj_Book
201612 -2.626 241.432 -3.525
201712 -4.202 246.524 -5.523
201812 -5.762 251.233 -7.432
201912 -7.202 256.974 -9.082
202012 -8.737 260.474 -10.870
202112 -13.174 278.802 -15.312
202212 -12.407 296.797 -13.546
202312 -11.486 306.746 -12.134
202412 -14.103 315.605 -14.481
202512 -12.658 324.054 -12.658

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.

Is Domino's Pizza (BSP:D2PZ34) Overvalued in 2026?

Based on GuruFocus' analysis, Domino's Pizza stock appears to be undervalued. The current stock price of R$37.60 is trading 24.3% below its estimated GF Value™ of R$49.68. GuruFocus considers Domino's Pizza to be Modestly Undervalued.

Key valuation signals for BSP:D2PZ34:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$49.68 vs. price of R$37.60 (24.3% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the BSP:D2PZ34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Domino's Pizza Business Description

Address 30 Frank Lloyd Wright Drive, Ann Arbor, MI, USA, 48105
Domino's is the world's largest pizza chain, surpassing $20 billion in system sales with over 22,100 stores across more than 90 markets at the end of 2025. Around 33% of its units are in the US. The business is 99% franchised. Domino's operates through three segments: supply chain (60% of revenue), US stores (33%), and international franchises (7%). The firm generates the bulk of its revenue by supplying food to stores in the US and Canada through a vertically integrated network of 25 manufacturing and supply chain facilities, which primarily produce and distribute dough, and collecting brand royalties and marketing fees from franchisees. Domino's also generates revenue from sales at company-owned stores.
74GF Score

Get the complete analysis for BSP:D2PZ34

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$37.60
Price
R$49.68
GF Value