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Dorel Industries (FRA:DO4B) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 17, 2024)


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What is Dorel Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Dorel Industries's current share price is €4.64. Dorel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.40. Dorel Industries's Cyclically Adjusted PB Ratio for today is 0.20.

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

FRA:DO4B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.5   Max: 1.17
Current: 0.17

During the past years, Dorel Industries's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.04. And the median was 0.50.

FRA:DO4B's Cyclically Adjusted PB Ratio is ranked better than
97.77% of 314 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.43 vs FRA:DO4B: 0.17

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.

Dorel Industries's adjusted book value per share data for the three months ended in Mar. 2024 was €5.806. 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 €23.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dorel Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Cyclically Adjusted PB Ratio Chart

Dorel Industries 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 0.14 0.39 0.49 0.13 0.18

Dorel Industries 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 0.11 0.13 0.15 0.18 0.19

Competitive Comparison of Dorel Industries's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Dorel Industries'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.


Dorel Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dorel Industries 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.

Dorel Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.64/23.4
=0.20

* 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.

Dorel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dorel Industries'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)
=5.806/126.2576*126.2576
=5.806

Current CPI (Mar. 2024) = 126.2576.

Dorel Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.349 99.473 39.790
201409 32.151 99.394 40.840
201412 30.287 98.367 38.874
201503 32.811 99.789 41.514
201506 32.148 100.500 40.387
201509 30.700 100.421 38.598
201512 31.299 99.947 39.538
201603 31.491 101.054 39.345
201606 29.689 102.002 36.749
201609 29.944 101.765 37.151
201612 30.897 101.449 38.453
201703 30.692 102.634 37.757
201706 29.684 103.029 36.377
201709 28.538 103.345 34.865
201712 28.450 103.345 34.758
201803 27.432 105.004 32.984
201806 27.473 105.557 32.861
201809 27.259 105.636 32.580
201812 15.746 105.399 18.862
201903 14.994 106.979 17.696
201906 14.948 107.690 17.525
201909 14.681 107.611 17.225
201912 14.821 107.769 17.364
202003 12.604 107.927 14.745
202006 12.643 108.401 14.726
202009 13.160 108.164 15.361
202012 12.548 108.559 14.594
202103 13.075 110.298 14.967
202106 13.729 111.720 15.516
202109 12.867 112.905 14.389
202112 12.768 113.774 14.169
202203 10.575 117.646 11.349
202206 10.523 120.806 10.998
202209 10.108 120.648 10.578
202212 8.157 120.964 8.514
202303 7.215 122.702 7.424
202306 6.744 124.203 6.856
202309 6.494 125.230 6.547
202312 6.330 125.072 6.390
202403 5.806 126.258 5.806

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.


Dorel Industries  (FRA:DO4B) 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.


Dorel Industries Cyclically Adjusted PB Ratio Related Terms

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


Dorel Industries (FRA:DO4B) Business Description

Traded in Other Exchanges
Address
1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4
Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

Dorel Industries (FRA:DO4B) Headlines

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