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Digital Domain Holdings (HKSE:00547) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 14, 2024)


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What is Digital Domain Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Digital Domain Holdings's current share price is HK$0.255. Digital Domain Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.41. Digital Domain Holdings's Cyclically Adjusted PB Ratio for today is 0.62.

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

HKSE:00547' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.84   Max: 4.1
Current: 0.61

During the past 13 years, Digital Domain Holdings's highest Cyclically Adjusted PB Ratio was 4.10. The lowest was 0.05. And the median was 0.84.

HKSE:00547's Cyclically Adjusted PB Ratio is ranked better than
70.29% of 700 companies
in the Media - Diversified industry
Industry Median: 1.1 vs HKSE:00547: 0.61

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.

Digital Domain Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.091. 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 HK$0.41 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Domain Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digital Domain Holdings'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.

Digital Domain Holdings Cyclically Adjusted PB Ratio Chart

Digital Domain Holdings 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 1.45 1.87 1.43 0.82 0.73

Digital Domain Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.43 - 0.82 - 0.73

Competitive Comparison of Digital Domain Holdings's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Digital Domain Holdings'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.


Digital Domain Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital Domain Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Digital Domain Holdings 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.

Digital Domain Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.255/0.41
=0.62

* 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.

Digital Domain Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Digital Domain Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.091/117.2957*117.2957
=0.091

Current CPI (Dec23) = 117.2957.

Digital Domain Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.272 99.707 0.320
201512 0.629 102.015 0.723
201612 0.810 103.225 0.920
201712 0.564 104.984 0.630
201812 0.461 107.622 0.502
201912 0.419 110.700 0.444
202012 0.247 109.711 0.264
202112 0.135 112.349 0.141
202212 0.087 114.548 0.089
202312 0.091 117.296 0.091

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.


Digital Domain Holdings  (HKSE:00547) 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.


Digital Domain Holdings Cyclically Adjusted PB Ratio Related Terms

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


Digital Domain Holdings (HKSE:00547) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Suite 2005, 20th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Digital Domain Holdings is an investment holdings company primarily operating in the diversified media industry. The company operates through its media and entertainment segment. The segment offers visual effects services, virtual reality creation services, 360-degree camera technology, and related hardware and services. The company primarily operates in China, the United States, Canada, and the United Kingdom. The majority of the company's revenue is earned from United States.
Executives
Chen Ling-chuan 2201 Interest of corporation controlled by you
Chen Li-pai 2201 Interest of corporation controlled by you
One Music Investment Co., Ltd. 2101 Beneficial owner
Wang Xiaohu 2101 Beneficial owner
Ding Jiann-shing
Whole Share Capital Inc. 2101 Beneficial owner
Lee Tsong-jung 2201 Interest of corporation controlled by you
Neng Ng Cheang
Lu Wen-der
Irobot Innovation Co., Ltd.
Hsieh Shu Ying
Yu Li-fu
Meiyin Investment Co., Ltd.
C Digital Libraries Inc.
Delight On Group Limited

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