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Dubai Refreshments PSC (DFM:DRC) Cyclically Adjusted PB Ratio : 1.52 (As of Apr. 30, 2024)


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What is Dubai Refreshments PSC Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Dubai Refreshments PSC's current share price is د.إ18.05. Dubai Refreshments PSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was د.إ11.85. Dubai Refreshments PSC's Cyclically Adjusted PB Ratio for today is 1.52.

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

DFM:DRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.6   Max: 1.99
Current: 1.52

During the past years, Dubai Refreshments PSC's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 1.35. And the median was 1.60.

DFM:DRC's Cyclically Adjusted PB Ratio is ranked better than
62.34% of 77 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.28 vs DFM:DRC: 1.52

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.

Dubai Refreshments PSC's adjusted book value per share data for the three months ended in Dec. 2023 was د.إ13.927. 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 د.إ11.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dubai Refreshments PSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dubai Refreshments PSC'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.

Dubai Refreshments PSC Cyclically Adjusted PB Ratio Chart

Dubai Refreshments PSC 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 - - 1.51 1.34 1.61

Dubai Refreshments PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.34 1.54 1.39 1.65 1.61

Competitive Comparison of Dubai Refreshments PSC's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Dubai Refreshments PSC'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.


Dubai Refreshments PSC's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Dubai Refreshments PSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dubai Refreshments PSC 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.

Dubai Refreshments PSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.05/11.85
=1.52

* 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.

Dubai Refreshments PSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dubai Refreshments PSC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=13.927/129.4194*129.4194
=13.927

Current CPI (Dec. 2023) = 129.4194.

Dubai Refreshments PSC Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.875 99.695 10.223
201406 8.264 100.560 10.636
201409 8.692 100.428 11.201
201412 9.037 99.070 11.805
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 9.657 100.392 12.449
201512 9.772 99.792 12.673
201603 9.444 100.470 12.165
201606 9.762 101.688 12.424
201609 10.127 101.861 12.867
201612 10.364 101.863 13.168
201703 9.876 102.862 12.426
201706 10.002 103.349 12.525
201709 10.592 104.136 13.164
201712 10.554 104.011 13.132
201803 9.800 105.290 12.046
201806 9.802 106.317 11.932
201809 9.970 106.507 12.115
201812 9.974 105.998 12.178
201903 9.652 107.251 11.647
201906 9.683 108.070 11.596
201909 9.922 108.329 11.854
201912 9.846 108.420 11.753
202003 9.222 108.902 10.959
202006 9.201 108.767 10.948
202009 9.466 109.815 11.156
202012 9.645 109.897 11.358
202103 9.340 111.754 10.816
202106 9.635 114.631 10.878
202109 10.289 115.734 11.506
202112 10.477 117.630 11.527
202203 10.185 121.301 10.867
202206 10.377 125.017 10.742
202209 10.493 125.227 10.844
202212 10.837 125.222 11.200
202303 10.200 127.348 10.366
202306 13.244 128.729 13.315
202309 13.793 129.860 13.746
202312 13.927 129.419 13.927

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.


Dubai Refreshments PSC  (DFM:DRC) 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.


Dubai Refreshments PSC Cyclically Adjusted PB Ratio Related Terms

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


Dubai Refreshments PSC (DFM:DRC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE
Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

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