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Dixons Retail (LSE:DXNS) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is Dixons Retail Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dixons Retail Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dixons Retail'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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Dixons Retail Cyclically Adjusted PB Ratio Chart

Dixons Retail Annual Data
Trend Apr05 Apr06 Apr07 May08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14
Cyclically Adjusted PB Ratio
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Dixons Retail Semi-Annual Data
Oct07 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14
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Competitive Comparison of Dixons Retail's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Dixons Retail'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.


Dixons Retail's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Dixons Retail 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.

Dixons Retail's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr14 is calculated as:

For example, Dixons Retail's adjusted Book Value per Share data for the fiscal year that ended in Apr14 was:

Adj_Book=Book Value per Share/CPI of Apr14 (Change)*Current CPI (Apr14)
=0.004/99.6000*99.6000
=0.004

Current CPI (Apr14) = 99.6000.

Dixons Retail Annual Data

Book Value per Share CPI Adj_Book
200504 0.747 79.100 0.941
200604 0.764 80.900 0.941
200704 0.710 83.100 0.851
200805 0.391 86.100 0.452
200904 0.272 87.500 0.310
201004 0.249 89.900 0.276
201104 0.188 93.300 0.201
201204 0.112 95.900 0.116
201304 0.041 98.000 0.042
201404 0.004 99.600 0.004

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.


Dixons Retail  (LSE:DXNS) 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.


Dixons Retail Cyclically Adjusted PB Ratio Related Terms

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Dixons Retail (LSE:DXNS) Business Description

Traded in Other Exchanges
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Address
Dixons Retail PLC is an electrical retailer and service company which sell consumer electronics, personal computers, domestic appliances, photographic equipment, communication products and related services. The Group's reportable segments are; UK & Ireland comprises of electrical and computing retail chains as well as business to business activities. The division is engaged in multi-channel retail sales, associated peripherals and services and related financial and after sales services and also in business to business sales of computer hardware and software; Nordics operates in Norway, Sweden, Finland, Denmark, Iceland, Greenland and the Faroe Islands. The division engages in multi-channel retail sales and provided related product support services to its customers; Other International comprises operations in Italy, Greece, the Czech Republic, Slovakia, Turkey and the business to be closed in Spain which is excluded from underlying results. The Other International division engages in retail sales and provides related product support services to its customers in all of its markets; and Pure play e-commerce comprises pure play online retailers and operates in all of the countries in which the other divisions operate and across Europe.

Dixons Retail (LSE:DXNS) Headlines

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