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Family Dollar Stores (FRA:FAY) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Family Dollar Stores Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Family Dollar Stores Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Family Dollar Stores'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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Family Dollar Stores Cyclically Adjusted PB Ratio Chart

Family Dollar Stores Annual Data
Trend Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Cyclically Adjusted PB Ratio
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Family Dollar Stores Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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Competitive Comparison of Family Dollar Stores's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Family Dollar Stores'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.


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

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

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



Family Dollar Stores 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.

Family Dollar Stores's Cyclically Adjusted Book per Share for the quarter that ended in May. 2015 is calculated as:

For example, Family Dollar Stores's adjusted Book Value per Share data for the three months ended in May. 2015 was:

Adj_Book=Book Value per Share/CPI of May. 2015 (Change)*Current CPI (May. 2015)
=14.491/100.3325*100.3325
=14.491

Current CPI (May. 2015) = 100.3325.

Family Dollar Stores Quarterly Data

Book Value per Share CPI Adj_Book
200508 7.025 82.863 8.506
200511 6.907 83.370 8.312
200602 7.047 83.834 8.434
200605 6.306 85.437 7.405
200608 6.283 86.028 7.328
200611 6.476 85.015 7.643
200702 6.797 85.858 7.943
200705 6.389 87.736 7.306
200708 6.015 87.722 6.880
200711 5.482 88.676 6.203
200802 5.650 89.316 6.347
200805 5.598 91.399 6.145
200808 6.005 92.435 6.518
200811 7.276 89.624 8.145
200902 7.617 89.527 8.536
200905 7.474 90.228 8.311
200908 7.273 91.063 8.013
200911 7.146 91.272 7.855
201002 7.721 91.445 8.471
201005 8.501 92.052 9.266
201008 8.445 92.108 9.199
201011 7.120 92.315 7.738
201102 7.085 93.373 7.613
201105 6.771 95.337 7.126
201108 6.466 95.582 6.787
201111 7.185 95.449 7.553
201202 7.873 96.053 8.224
201205 8.772 96.961 9.077
201208 9.066 97.199 9.358
201211 9.100 97.133 9.400
201302 9.283 97.953 9.508
201305 10.185 98.282 10.397
201308 10.434 98.675 10.609
201311 10.024 98.334 10.228
201402 10.337 99.057 10.470
201405 10.594 100.373 10.590
201408 10.975 100.352 10.973
201411 11.824 99.635 11.907
201502 13.624 99.032 13.803
201505 14.491 100.333 14.491

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.


Family Dollar Stores  (FRA:FAY) 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.


Family Dollar Stores Cyclically Adjusted PB Ratio Related Terms

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


Family Dollar Stores (FRA:FAY) Business Description

Traded in Other Exchanges
N/A
Address
Family Dollar Stores Inc was incorporated in November 1959. The Company provides consumers with a selection of competitively priced merchandise in convenient neighbourhood stores. Its merchandise assortment includes Consumables, Home Products, Apparel and Accessories, and Seasonal and Electronics. It classifies the combination of Home Products, Apparel and Accessories, and Seasonal and Electronics as Discretionary. It operates general merchandise retail discount stores in 46 states, serving the basic needs of customers primarily in the low- and middle-income brackets. The stores are supported by 11 distribution centers and one Store Support Center. It competes for sales and store locations in varying degrees with international, national, regional and local retailing establishments, other discount stores, department stores, variety stores, dollar stores, discount clothing stores, drug stores, grocery stores, convenience stores, outlet stores, warehouse stores and other stores. The Company's trademark includes Family Dollar and Family Dollar Stores. Its business is subject to federal, state, local, and international laws, rules, and regulations, such as state and local wage and hour laws, anti-corruption laws, import and export laws, unclaimed property laws, and many others.

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