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DCO (Ducommun) Cyclically Adjusted PB Ratio : 1.92 (As of May. 10, 2025)


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What is Ducommun Cyclically Adjusted PB Ratio?

As of today (2025-05-10), Ducommun's current share price is $65.24. Ducommun's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $34.00. Ducommun's Cyclically Adjusted PB Ratio for today is 1.92.

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

DCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.6   Max: 2.64
Current: 1.92

During the past years, Ducommun's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 0.57. And the median was 1.60.

DCO's Cyclically Adjusted PB Ratio is ranked better than
65.33% of 199 companies
in the Aerospace & Defense industry
Industry Median: 2.71 vs DCO: 1.92

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.

Ducommun's adjusted book value per share data for the three months ended in Dec. 2024 was $46.176. 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 $34.00 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ducommun Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ducommun'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.

Ducommun Cyclically Adjusted PB Ratio Chart

Ducommun Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 1.80 1.71 1.64 1.87

Ducommun Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.64 1.57 1.75 1.96 1.87

Competitive Comparison of Ducommun's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Ducommun'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.


Ducommun's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ducommun's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ducommun 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.

Ducommun's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.24/34.00
=1.92

* 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.

Ducommun's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Ducommun's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=46.176/133.1571*133.1571
=46.176

Current CPI (Dec. 2024) = 133.1571.

Ducommun Quarterly Data

Book Value per Share CPI Adj_Book
201503 23.302 99.621 31.146
201506 23.328 100.684 30.852
201509 22.509 100.392 29.855
201512 16.757 99.792 22.360
201603 18.002 100.470 23.859
201606 18.396 101.688 24.089
201609 18.887 101.861 24.690
201612 18.948 101.863 24.769
201703 19.015 102.862 24.615
201706 19.346 103.349 24.926
201709 19.837 104.136 25.365
201712 20.787 104.011 26.612
201803 21.730 105.290 27.481
201806 21.926 106.317 27.461
201809 22.398 106.507 28.002
201812 22.493 105.998 28.256
201903 22.981 107.251 28.532
201906 23.619 108.070 29.102
201909 24.544 108.329 30.169
201912 25.300 108.420 31.072
202003 25.962 108.902 31.745
202006 26.501 108.767 32.444
202009 27.267 109.815 33.063
202012 28.081 109.897 34.025
202103 28.318 111.754 33.741
202106 29.043 114.631 33.737
202109 30.108 115.734 34.640
202112 39.799 117.630 45.053
202203 40.531 121.301 44.493
202206 41.146 125.017 43.825
202209 42.042 125.227 44.705
202212 43.446 125.222 46.199
202303 43.197 127.348 45.168
202306 42.700 128.729 44.169
202309 43.533 129.860 44.638
202312 43.565 129.419 44.823
202403 43.894 131.776 44.354
202406 44.477 132.554 44.679
202409 45.041 133.029 45.084
202412 46.176 133.157 46.176

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.


Ducommun  (NYSE:DCO) 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.


Ducommun Cyclically Adjusted PB Ratio Related Terms

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


Ducommun Business Description

Traded in Other Exchanges
Address
600 Anton Boulevard, Suite 1100, Costa Mesa, CA, USA, 92626-7100
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers and manufactures various sizes of complex contoured aerostructure components and assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers and manufactures high-reliability electronic and electromechanical products used in worldwide technology-driven markets including A&D and Industrial end-use markets. It generates maximum of its revenue from the Electronic Systems.
Executives
Robert C Ducommun director 1155 PARK AVE, APT 1-SW, NEW YORK NY 10128-1209
Stephen G Oswald director, officer: President & CEO 23301 WILMINGTON AVENUE, CARSON CA 90745
Jerry L Redondo officer: VP, Operational Excellence DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745-6209
Suman B. Mookerji officer: Sr. V.P., C.F.O. 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Christopher D. Wampler officer: VP, Controller and CAO 23301 WILMINGTON AVENUE, CARSON CA 90745
Laureen S. Gonzalez officer: VP & Chief HR Officer 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Samara A Strycker director 2701 NAVISTAR DRIVE, LISLE IL 60532
Rose F Rogers officer: VP, Human Resources 23301 WILMINGTON AVE., CARSON CA 90745-6209
Sheila G. Kramer director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Robert D Paulson director AEROSTAR CAPITAL LLC, 590 SANDHILL CRANE RD., #1270, WILSON WY 83014-1270
Dean M Flatt director 31 SUMMER HILL RD., WAYNE NJ 07470
Rajiv A. Tata officer: V.P., General Counsel 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Shirley Drazba director 200 SANDPOINTE AVENUE, #700, SANTA ANA CA 92707
Anthony J Reardon other: Pres., Ducommun AeroStructures DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745
James S Heiser officer: VP, CFO & Gen. Cnsl. C/O DUCOMMUN INC, 23301 WILMINGTON AVENUE, CARSON CA 90745-6209