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Denny's (FRA:DE8) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2025)


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What is Denny's Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Denny's Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Denny's'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.

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Denny's Cyclically Adjusted PB Ratio Chart

Denny's Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Denny's Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Denny's's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Denny's'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.


Denny's's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Denny's's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Denny's 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.

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

For example, Denny's'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)
=-0.655/134.9266*134.9266
=-0.655

Current CPI (Mar. 2025) = 134.9266.

Denny's Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.029 100.684 0.039
201509 -0.082 100.392 -0.110
201512 -0.724 99.792 -0.979
201603 -0.671 100.470 -0.901
201606 -0.612 101.688 -0.812
201609 -0.647 101.861 -0.857
201612 -0.945 101.863 -1.252
201703 -0.861 102.862 -1.129
201706 -1.043 103.349 -1.362
201709 -1.247 104.136 -1.616
201712 -1.274 104.011 -1.653
201803 -1.538 105.290 -1.971
201806 -1.590 106.317 -2.018
201809 -1.498 106.507 -1.898
201812 -1.905 105.998 -2.425
201903 -2.033 107.251 -2.558
201906 -2.110 108.070 -2.634
201909 -1.817 108.329 -2.263
201912 -2.176 108.420 -2.708
202003 -3.259 108.902 -4.038
202006 -3.467 108.767 -4.301
202009 -1.842 109.815 -2.263
202012 -1.676 109.897 -2.058
202103 -1.337 111.754 -1.614
202106 -1.285 114.631 -1.513
202109 -1.194 115.734 -1.392
202112 -0.928 117.630 -1.064
202203 -0.673 121.301 -0.749
202206 -0.952 125.017 -1.027
202209 -0.784 125.227 -0.845
202212 -0.618 125.222 -0.666
202303 -0.745 127.348 -0.789
202306 -0.706 128.729 -0.740
202309 -0.621 129.860 -0.645
202312 -1.100 129.419 -1.147
202403 -0.984 131.776 -1.008
202406 -0.959 132.554 -0.976
202409 -0.956 133.029 -0.970
202412 -0.633 133.157 -0.641
202503 -0.655 134.927 -0.655

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.


Denny's  (FRA:DE8) 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.


Denny's Cyclically Adjusted PB Ratio Related Terms

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


Denny's Business Description

Industry
Traded in Other Exchanges
Address
203 East Main Street, Spartanburg, SC, USA, 29319-9966
Denny's Corp is America's franchised full-service restaurant chains based on the number of restaurants. The company owns and operates the Denny's brand and the Keke's Breakfast Cafe brand. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelets, and others. The company generates its revenue from two sources: the sale of food and beverages and the collection of royalties, advertising revenue, initial and other fees, including occupancy revenue, from restaurants operated by their franchisees. Geographically operates in USA states as well as globally like Canada, Mexico, Guatemala, Indonesia, United Kingdom, New Zealand and others. Maximum revenue is from USA and Canada.

Denny's Headlines

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