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DGB Financial Group Co (DGB Financial Group Co) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is DGB Financial Group Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


DGB Financial Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DGB Financial Group 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.

DGB Financial Group Co Cyclically Adjusted PB Ratio Chart

DGB Financial Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.38 0.26

DGB Financial Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.25 0.26 0.27 0.29 0.29

Competitive Comparison of DGB Financial Group Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, DGB Financial Group 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.


DGB Financial Group Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, DGB Financial Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DGB Financial Group Co's Cyclically Adjusted PB Ratio falls into.



DGB Financial Group 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.

DGB Financial Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DGB Financial Group Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=26.057/118.8477*118.8477
=26.057

Current CPI (Mar. 2024) = 118.8477.

DGB Financial Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.612 99.353 23.460
201409 19.863 99.608 23.700
201412 19.769 99.098 23.709
201503 17.691 99.720 21.084
201506 18.053 100.050 21.445
201509 17.411 100.110 20.670
201512 17.629 100.220 20.906
201603 17.763 100.560 20.993
201606 18.550 100.790 21.873
201609 19.826 101.460 23.224
201612 18.404 101.560 21.537
201703 19.435 102.850 22.458
201706 19.989 102.610 23.152
201709 20.320 103.490 23.335
201712 21.320 102.990 24.603
201803 22.321 104.100 25.483
201806 22.446 104.130 25.619
201809 22.411 105.650 25.211
201812 22.843 104.350 26.017
201903 23.030 104.490 26.194
201906 22.803 104.880 25.840
201909 22.813 105.200 25.773
201912 23.132 105.120 26.153
202003 23.072 105.540 25.981
202006 23.808 104.870 26.981
202009 25.120 106.200 28.112
202012 26.772 105.765 30.083
202103 26.589 107.357 29.435
202106 27.569 107.579 30.457
202109 27.489 108.759 30.039
202112 27.457 109.676 29.753
202203 25.974 111.806 27.610
202206 24.479 114.083 25.501
202209 22.455 114.831 23.240
202212 25.493 115.200 26.300
202303 25.657 116.550 26.163
202306 27.095 117.140 27.490
202309 26.744 119.111 26.685
202312 26.962 118.848 26.962
202403 26.057 118.848 26.057

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.


DGB Financial Group Co  (GREY:DGBFF) 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.


DGB Financial Group Co Cyclically Adjusted PB Ratio Related Terms

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DGB Financial Group Co (DGB Financial Group Co) Business Description

Traded in Other Exchanges
Address
111 Oksanro, Buk-gu, 2-Ga, Suseong-gu, Daegu, KOR, 706-712
DGB Financial Group Co Ltd is a Korea-based financial service provider. The company is engaged in the bank business, including deposit, loan, foreign currency exchange, credit card, insurance trust and other related services. It also provides traffic cards, leasing and financing services and information technology services.

DGB Financial Group Co (DGB Financial Group Co) Headlines

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