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DCMJF (DCM Holdings Co) Cyclically Adjusted PB Ratio : 0.98 (As of Sep. 23, 2024)


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What is DCM Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-09-23), DCM Holdings Co's current share price is $8.45. DCM Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2024 was $8.66. DCM Holdings Co's Cyclically Adjusted PB Ratio for today is 0.98.

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

DCMJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.88   Max: 1.19
Current: 0.96

During the past years, DCM Holdings Co's highest Cyclically Adjusted PB Ratio was 1.19. The lowest was 0.74. And the median was 0.88.

DCMJF's Cyclically Adjusted PB Ratio is ranked better than
55.42% of 720 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs DCMJF: 0.96

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.

DCM Holdings Co's adjusted book value per share data for the three months ended in May. 2024 was $12.167. 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 $8.66 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCM Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DCM Holdings Co'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.

DCM Holdings Co Cyclically Adjusted PB Ratio Chart

DCM Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.84 0.84 0.80 0.94

DCM Holdings Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.86 0.82 0.84 0.94 0.98

Competitive Comparison of DCM Holdings Co's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, DCM Holdings Co'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.


DCM Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, DCM Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DCM Holdings Co's Cyclically Adjusted PB Ratio falls into.



DCM Holdings Co 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.

DCM Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.45/8.66
=0.98

* 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.

DCM Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2024 is calculated as:

For example, DCM Holdings Co's adjusted Book Value per Share data for the three months ended in May. 2024 was:

Adj_Book=Book Value per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=12.167/108.1000*108.1000
=12.167

Current CPI (May. 2024) = 108.1000.

DCM Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201408 11.046 98.300 12.147
201411 9.711 97.900 10.723
201502 9.723 97.600 10.769
201505 9.753 98.700 10.682
201508 9.893 98.400 10.868
201511 10.018 98.100 11.039
201602 10.515 97.800 11.622
201605 11.276 98.200 12.413
201608 12.338 97.900 13.623
201611 11.657 98.600 12.780
201702 11.189 98.100 12.330
201705 11.408 98.600 12.507
201708 11.832 98.500 12.985
201711 11.585 99.100 12.637
201802 12.307 99.500 13.371
201805 12.321 99.300 13.413
201808 12.456 99.800 13.492
201811 12.354 100.000 13.355
201902 12.769 99.700 13.845
201905 12.915 100.000 13.961
201908 13.664 100.000 14.771
201911 13.449 100.500 14.466
202002 13.336 100.300 14.373
202005 14.192 100.100 15.326
202008 14.390 100.100 15.540
202011 14.626 99.500 15.890
202102 14.535 99.800 15.744
202105 14.369 99.400 15.627
202108 14.639 99.700 15.872
202111 14.081 100.100 15.206
202202 14.090 100.700 15.125
202205 13.184 101.800 14.000
202208 12.888 102.700 13.566
202211 11.742 103.900 12.217
202302 13.066 104.000 13.581
202305 12.899 105.100 13.267
202308 12.539 105.900 12.799
202311 12.478 106.900 12.618
202402 12.551 106.900 12.692
202405 12.167 108.100 12.167

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.


DCM Holdings Co  (OTCPK:DCMJF) 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.


DCM Holdings Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of DCM Holdings Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


DCM Holdings Co Business Description

Traded in Other Exchanges
Address
6-16-16 Minamiohi, Shinagawa-ku, Tokyo, JPN, 140-0013
DCM Holdings Co Ltd is a Japanese holding company engaged in managing its subsidiaries that sell home improvement appliances and products. The company operates across Japan through its holdings. The majority of its stores are located on the northern Japanese island of Hokkaido and the central region of Chubu. The segments of the company include DCM Homac, DCM Sanwa, DCM Kahma, and DCM Daiki, which are all various regional home center brands. Some of DCM's products include gardening products, home improvement products, home leisure products, pet products, housekeeping products, home electronic products, home furnishing products, and lighting and electronics.

DCM Holdings Co Headlines

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