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Dollarama (FRA:DR3) Cyclically Adjusted PB Ratio : 232.11 (As of Jun. 21, 2024)


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What is Dollarama Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Dollarama's current share price is €83.56. Dollarama's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €0.36. Dollarama's Cyclically Adjusted PB Ratio for today is 232.11.

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

FRA:DR3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 22.52   Med: 54.39   Max: 243.4
Current: 230.62

During the past years, Dollarama's highest Cyclically Adjusted PB Ratio was 243.40. The lowest was 22.52. And the median was 54.39.

FRA:DR3's Cyclically Adjusted PB Ratio is ranked worse than
100% of 228 companies
in the Retail - Defensive industry
Industry Median: 1.615 vs FRA:DR3: 230.62

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.

Dollarama's adjusted book value per share data for the three months ended in Apr. 2024 was €1.049. 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 €0.36 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dollarama Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dollarama'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.

Dollarama Cyclically Adjusted PB Ratio Chart

Dollarama Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.20 46.81 71.31 113.76 181.15

Dollarama Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 127.25 140.89 163.76 181.15 215.85

Competitive Comparison of Dollarama's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Dollarama'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.


Dollarama's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dollarama 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.56/0.36
=232.11

* 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.

Dollarama's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.049/126.8896*126.8896
=1.049

Current CPI (Apr. 2024) = 126.8896.

Dollarama Quarterly Data

Book Value per Share CPI Adj_Book
201407 1.172 99.315 1.497
201410 1.242 99.473 1.584
201501 1.351 98.209 1.746
201504 1.420 99.710 1.807
201507 1.359 100.579 1.714
201510 1.127 100.500 1.423
201601 0.825 100.184 1.045
201604 0.620 101.370 0.776
201607 0.489 101.844 0.609
201610 0.390 102.002 0.485
201701 0.207 102.318 0.257
201704 0.072 103.029 0.089
201707 -0.120 103.029 -0.148
201710 -0.031 103.424 -0.038
201801 -0.667 104.056 -0.813
201804 -0.286 105.320 -0.345
201807 -0.114 106.110 -0.136
201810 -0.453 105.952 -0.543
201901 -0.664 105.557 -0.798
201904 -0.463 107.453 -0.547
201907 -0.229 108.243 -0.268
201910 -0.247 107.927 -0.290
202001 -0.205 108.085 -0.241
202004 0.022 107.216 0.026
202007 0.237 108.401 0.277
202010 0.542 108.638 0.633
202101 0.696 109.192 0.809
202104 0.308 110.851 0.353
202107 0.306 112.431 0.345
202110 0.043 113.695 0.048
202201 -0.158 114.801 -0.175
202204 -0.043 118.357 -0.046
202207 -0.324 120.964 -0.340
202210 0.105 121.517 0.110
202301 0.069 121.596 0.072
202304 0.517 123.571 0.531
202307 0.493 124.914 0.501
202310 0.800 125.310 0.810
202401 0.934 125.072 0.948
202404 1.049 126.890 1.049

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.


Dollarama  (FRA:DR3) 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.


Dollarama Cyclically Adjusted PB Ratio Related Terms

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


Dollarama (FRA:DR3) Business Description

Traded in Other Exchanges
Address
5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items both in-store and online. General merchandise and consumer products jointly account for the majority of the company's product offerings. The company's stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.

Dollarama (FRA:DR3) Headlines

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