GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dollar Tree Inc (FRA:DT3) » Definitions » Cyclically Adjusted PB Ratio

Dollar Tree (FRA:DT3) Cyclically Adjusted PB Ratio : 3.71 (As of May. 22, 2024)


View and export this data going back to . Start your Free Trial

What is Dollar Tree Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Dollar Tree's current share price is €105.28. Dollar Tree's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €28.39. Dollar Tree's Cyclically Adjusted PB Ratio for today is 3.71.

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

FRA:DT3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.62   Med: 7.4   Max: 15.07
Current: 3.7

During the past years, Dollar Tree's highest Cyclically Adjusted PB Ratio was 15.07. The lowest was 3.62. And the median was 7.40.

FRA:DT3's Cyclically Adjusted PB Ratio is ranked worse than
78.08% of 219 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs FRA:DT3: 3.70

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.

Dollar Tree's adjusted book value per share data for the three months ended in Jan. 2024 was €30.809. 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 €28.39 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dollar Tree Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dollar Tree'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.

Dollar Tree Cyclically Adjusted PB Ratio Chart

Dollar Tree 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 5.45 5.50 5.85 5.60 4.25

Dollar Tree Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.60 5.50 5.34 3.71 4.25

Competitive Comparison of Dollar Tree's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Dollar Tree'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.


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

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

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



Dollar Tree 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.

Dollar Tree's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.28/28.39
=3.71

* 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.

Dollar Tree's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=30.809/130.1244*130.1244
=30.809

Current CPI (Jan. 2024) = 130.1244.

Dollar Tree Quarterly Data

Book Value per Share CPI Adj_Book
201404 4.614 100.023 6.003
201407 5.205 100.520 6.738
201410 6.080 100.176 7.898
201501 7.472 98.604 9.861
201504 8.383 99.824 10.928
201507 15.674 100.691 20.256
201510 15.718 100.346 20.382
201601 17.274 99.957 22.487
201604 17.461 100.947 22.508
201607 18.649 101.524 23.903
201610 19.421 101.988 24.779
201701 21.454 102.456 27.248
201704 22.109 103.167 27.886
201707 21.456 103.278 27.033
201710 21.953 104.070 27.449
201801 24.816 104.578 30.878
201804 25.210 105.708 31.033
201807 27.517 106.324 33.677
201810 29.036 106.695 35.412
201901 20.763 106.200 25.440
201904 21.560 107.818 26.020
201907 22.095 108.250 26.560
201910 23.378 108.577 28.017
202001 23.806 108.841 28.461
202004 25.291 108.173 30.423
202007 24.980 109.318 29.735
202010 25.157 109.861 29.797
202101 25.628 110.364 30.217
202104 26.729 112.673 30.869
202107 26.376 115.183 29.797
202110 27.766 116.696 30.961
202201 30.312 118.619 33.252
202204 33.843 121.978 36.103
202207 36.864 125.002 38.375
202210 37.972 125.734 39.298
202301 36.711 126.223 37.846
202304 36.785 127.992 37.398
202307 37.123 128.974 37.454
202310 39.114 129.810 39.209
202401 30.809 130.124 30.809

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.


Dollar Tree  (FRA:DT3) 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.


Dollar Tree Cyclically Adjusted PB Ratio Related Terms

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


Dollar Tree (FRA:DT3) Business Description

Traded in Other Exchanges
Address
500 Volvo Parkway, Chesapeake, VA, USA, 23320
Dollar Tree operates discount stores across the United States and Canada, with over 8,200 shops under its namesake banner and 8,350 under Family Dollar. About 45% of Dollar Tree's sales in fiscal 2022 were composed of consumables (including food, health and beauty, and cleaning products), nearly 50% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (nearly 80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

Dollar Tree (FRA:DT3) Headlines

No Headlines