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Dine Brands Global (FRA:IHP) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Dine Brands Global Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dine Brands Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dine Brands Global'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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Dine Brands Global Cyclically Adjusted PB Ratio Chart

Dine Brands Global 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 12.86 13.99 34.44 - -

Dine Brands Global 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 - - - - -

Competitive Comparison of Dine Brands Global's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Dine Brands Global'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.


Dine Brands Global's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Dine Brands Global 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.

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

For example, Dine Brands Global'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)
=-14.575/131.7762*131.7762
=-14.575

Current CPI (Mar. 2024) = 131.7762.

Dine Brands Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.052 100.560 15.793
201409 12.991 100.428 17.046
201412 11.941 99.070 15.883
201503 13.978 99.621 18.490
201506 13.259 100.684 17.354
201509 13.093 100.392 17.186
201512 13.235 99.792 17.477
201603 12.697 100.470 16.653
201606 12.514 101.688 16.217
201609 12.633 101.861 16.343
201612 13.335 101.863 17.251
201703 12.758 102.862 16.344
201706 12.445 103.349 15.868
201709 -10.102 104.136 -12.783
201712 -10.122 104.011 -12.824
201803 -9.814 105.290 -12.283
201806 -10.734 106.317 -13.304
201809 -10.307 106.507 -12.752
201812 -10.077 105.998 -12.528
201903 -9.568 107.251 -11.756
201906 -11.035 108.070 -13.456
201909 -12.970 108.329 -15.777
201912 -13.170 108.420 -16.007
202003 -13.027 108.902 -15.763
202006 -19.935 108.767 -24.152
202009 -18.430 109.815 -22.116
202012 -17.719 109.897 -21.247
202103 -15.553 111.754 -18.339
202106 -13.662 114.631 -15.705
202109 -12.553 115.734 -14.293
202112 -12.520 117.630 -14.026
202203 -14.378 121.301 -15.620
202206 -18.453 125.017 -19.451
202209 -19.424 125.227 -20.440
202212 -18.220 125.222 -19.174
202303 -17.202 127.348 -17.800
202306 -16.639 128.729 -17.033
202309 -16.563 129.860 -16.807
202312 -14.998 129.419 -15.271
202403 -14.575 131.776 -14.575

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.


Dine Brands Global  (FRA:IHP) 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.


Dine Brands Global Cyclically Adjusted PB Ratio Related Terms

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Dine Brands Global (FRA:IHP) Business Description

Traded in Other Exchanges
Address
450 North Brand Boulevard, Glendale, CA, USA, 91203-2346
Dine Brands Global Inc owns and franchises thousands of restaurants under the Applebee's and International House of Pancakes names. Almost all company restaurants are located in the United States and franchised. Royalty revenue, which the company gets from franchisees based on franchisees' sales, accounts for roughly three-quarters of total company revenue. The company also earns revenue by leasing restaurant sites to franchisees. The company has four reportable segments Franchise operations, (an aggregation of Applebee's and IHOP franchise operations), Rental operations, Financing operations, and Company-operated restaurant operations. The majority of revenue is derived from the Franchise operations segment.

Dine Brands Global (FRA:IHP) Headlines

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