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DKSH Holding (CHIX:DKSHZ) Cyclically Adjusted PB Ratio : 2.25 (As of May. 28, 2024)


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What is DKSH Holding Cyclically Adjusted PB Ratio?

As of today (2024-05-28), DKSH Holding's current share price is CHF60.50. DKSH Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF26.87. DKSH Holding's Cyclically Adjusted PB Ratio for today is 2.25.

The historical rank and industry rank for DKSH Holding's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:DKSHz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.84   Max: 3.45
Current: 2.25

During the past 13 years, DKSH Holding's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 1.91. And the median was 2.84.

CHIX:DKSHz's Cyclically Adjusted PB Ratio is ranked worse than
62.88% of 660 companies
in the Business Services industry
Industry Median: 1.6 vs CHIX:DKSHz: 2.25

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.

DKSH Holding's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF25.972. 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 CHF26.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


DKSH Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DKSH Holding'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.

DKSH Holding Cyclically Adjusted PB Ratio Chart

DKSH Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.91 3.09 2.71 2.17

DKSH Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.09 - 2.71 - 2.17

Competitive Comparison of DKSH Holding's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, DKSH Holding'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.


DKSH Holding's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DKSH Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DKSH Holding 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.

DKSH Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.50/26.87
=2.25

* 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.

DKSH Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, DKSH Holding's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=25.972/106.4612*106.4612
=25.972

Current CPI (Dec23) = 106.4612.

DKSH Holding Annual Data

Book Value per Share CPI Adj_Book
201412 22.278 100.704 23.552
201512 23.203 99.386 24.855
201612 25.242 99.380 27.041
201712 24.237 100.213 25.748
201812 26.296 100.906 27.744
201912 27.279 101.063 28.736
202012 26.734 100.241 28.393
202112 27.839 101.776 29.121
202212 27.074 104.666 27.538
202312 25.972 106.461 25.972

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.


DKSH Holding  (CHIX:DKSHz) 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.


DKSH Holding Cyclically Adjusted PB Ratio Related Terms

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DKSH Holding (CHIX:DKSHZ) Business Description

Traded in Other Exchanges
Address
Wiesenstrasse 8, P.O. Box 888, Zurich, CHE, 8034
DKSH Holding Ltd offers market expansion services in Asia. The company's services include sourcing, marketing, sales, distribution, and after-sales service. DKSH operates in four business segments: Consumer goods, Healthcare, Performance Materials, and Technology. The maximum segment by revenue, Healthcare, specializes in expansion services such as product registration, marketing, distribution, and sales for pharmaceuticals, consumer health, and over-the-counter health products as well as medical devices.

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