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DLX (Deluxe) Cyclically Adjusted PB Ratio : 0.72 (As of May. 23, 2025)


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What is Deluxe Cyclically Adjusted PB Ratio?

As of today (2025-05-23), Deluxe's current share price is $13.64. Deluxe's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $18.91. Deluxe's Cyclically Adjusted PB Ratio for today is 0.72.

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

DLX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.84   Max: 15.33
Current: 0.74

During the past years, Deluxe's highest Cyclically Adjusted PB Ratio was 15.33. The lowest was 0.74. And the median was 2.84.

DLX's Cyclically Adjusted PB Ratio is ranked better than
57.3% of 445 companies
in the Conglomerates industry
Industry Median: 0.94 vs DLX: 0.74

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.

Deluxe's adjusted book value per share data for the three months ended in Mar. 2025 was $13.908. 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 $18.91 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deluxe Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deluxe'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.

Deluxe Cyclically Adjusted PB Ratio Chart

Deluxe 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 2.00 1.97 0.96 1.16 1.20

Deluxe Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.10 1.19 1.03 1.20 0.84

Competitive Comparison of Deluxe's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Deluxe'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.


Deluxe's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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


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Deluxe 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.64/18.91
=0.72

* 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.

Deluxe's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Deluxe's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=13.908/134.9266*134.9266
=13.908

Current CPI (Mar. 2025) = 134.9266.

Deluxe Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.522 100.684 19.461
201509 14.630 100.392 19.663
201512 15.200 99.792 20.552
201603 16.027 100.470 21.523
201606 16.750 101.688 22.225
201609 17.494 101.861 23.173
201612 18.147 101.863 24.037
201703 18.827 102.862 24.696
201706 19.627 103.349 25.624
201709 19.754 104.136 25.595
201712 21.167 104.011 27.459
201803 21.983 105.290 28.171
201806 22.576 106.317 28.651
201809 20.630 106.507 26.135
201812 20.503 105.998 26.099
201903 20.568 107.251 25.876
201906 20.829 108.070 26.005
201909 12.483 108.329 15.548
201912 13.551 108.420 16.864
202003 11.369 108.902 14.086
202006 11.594 108.767 14.382
202009 12.206 109.815 14.997
202012 12.228 109.897 15.013
202103 13.268 111.754 16.019
202106 12.979 114.631 15.277
202109 13.090 115.734 15.261
202112 13.457 117.630 15.436
202203 13.482 121.301 14.996
202206 13.845 125.017 14.942
202209 13.949 125.227 15.029
202212 13.976 125.222 15.059
202303 13.708 127.348 14.524
202306 14.059 128.729 14.736
202309 13.707 129.860 14.242
202312 13.810 129.419 14.398
202403 13.800 131.776 14.130
202406 14.021 132.554 14.272
202409 13.836 133.029 14.033
202412 14.008 133.157 14.194
202503 13.908 134.927 13.908

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.


Deluxe  (NYSE:DLX) 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.


Deluxe Cyclically Adjusted PB Ratio Related Terms

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


Deluxe Business Description

Industry
Traded in Other Exchanges
Address
801 S. Marquette Avenue, Minneapolis, MN, USA, 55402-2807
Deluxe Corporation is principally a payments and data company. Its reportable segments are; Merchant Services, B2B Payments, Data Solutions, and Print. Maximum revenue is derived from its Print segment which provides printed personal and business checks, business essentials, as well as branded promotional, print, apparel, and digital storefront solutions. The Merchant Services segment provides electronic credit and debit card authorization, payment systems, and processing services. The B2B segment offers treasury management solutions, integrated accounts payable disbursements, and fraud and security services, and the Data Solutions segment offers data, analytics, and marketing services as well as financial institution profitability reporting and business incorporation services.
Executives
William C Zint officer: SVP, Chief Financial Offier 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Barry C Mccarthy director, officer: President and CEO C/O FIRST DATA CORPORATION, FIRST DATA, 225 LIBERTY STREET, NEW YORK NY 10281
Yogaraj Jeyaprakasam officer: Chief Tech. & Digital Officer 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Kristopher D Lazzaretti officer: President, Data Solutions 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Debra A Bradford officer: President, Merchant Services
Jean L Herrick officer: SVP, CHRO 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Chad P Kurth officer: Chief Accounting Officer, PAO 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Scott C Bomar officer: SVP, Chief Financial Officer 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Telisa L Yancy director 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Thomas Riccio officer: SVP, Division President 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Paul R Garcia director 214 N TRYON STREET, CHARLOTTE NC 28202
Houwelingen Ronald Van officer: VP, Controller, PAO 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Christopher Lee Thomas officer: SVP, CRO 3680 VICTORIA STREET N, SHOREVIEW MN 55126
William C Cobb director H&R BLOCK, INC., ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277