DLOC (Digital Locations) Cyclically Adjusted PB Ratio: (As of Aug. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Digital Locations Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Locations  (OTCPK:DLOC) 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.


Digital Locations Cyclically Adjusted PB Ratio Related Terms


Digital Locations Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Digital Locations'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.

Digital Locations Cyclically Adjusted PB Ratio Chart

Digital Locations 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 0.00 0.00 0.00 0.00 0.00

Digital Locations Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00

DLOC vs KASTD, PWR, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Digital Locations'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.


Digital Locations Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Digital Locations's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Digital Locations 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.

Digital Locations's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.017/314.1750*314.1750
=-0.017

Current CPI (Jun. 2024) = 314.1750.

Digital Locations Quarterly Data

Book Value per Share CPI Adj_Book
201409 -182.979 238.031 -241.512
201412 -99.103 234.812 -132.598
201503 -254.177 236.119 -338.203
201506 -247.537 238.638 -325.891
201509 -117.685 237.945 -155.388
201512 -105.399 236.525 -140.001
201603 -58.096 238.132 -76.648
201606 -68.295 241.018 -89.025
201609 -76.538 241.428 -99.600
201612 -46.244 241.432 -60.177
201703 -60.031 243.801 -77.359
201706 -61.000 244.955 -78.238
201709 -120.113 246.819 -152.891
201712 -55.012 246.524 -70.108
201803 -45.291 249.554 -57.019
201806 -47.017 251.989 -58.620
201809 -50.343 252.439 -62.655
201812 -70.017 251.233 -87.559
201903 -51.995 254.202 -64.262
201906 -30.043 256.143 -36.850
201909 -19.097 256.759 -23.367
201912 -8.891 256.974 -10.870
202003 -0.756 258.115 -0.920
202006 -0.199 257.797 -0.243
202009 -0.081 260.280 -0.098
202012 -0.123 260.474 -0.148
202103 -0.152 264.877 -0.180
202106 -0.058 271.696 -0.067
202109 -0.038 274.310 -0.044
202112 -0.041 278.802 -0.046
202203 -0.033 287.504 -0.036
202206 -0.018 296.311 -0.019
202209 -0.015 296.808 -0.016
202212 -0.012 296.797 -0.013
202303 -0.009 301.836 -0.009
202306 -0.009 305.109 -0.009
202309 -0.010 307.789 -0.010
202312 -0.012 306.746 -0.012
202403 -0.021 312.332 -0.021
202406 -0.017 314.175 -0.017

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.


Digital Locations Business Description

Address 1117 State Street, Santa Barbara, CA, USA, 93101
Digital Locations Inc is developing a new technology that will enable high-speed Internet service to be delivered from satellites directly to smartphones. It aims to redesign the link technology between satellites and smartphones, which includes novel antenna designs, new integrated circuits, and innovative frequency management to support indoor and outdoor data connection.