Domino's Pizza (MIL:1DPZ) Cyclically Adjusted PB Ratio: (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1DPZ Domino's Pizza Inc MIL:1DPZ
48 GF Score
Price €290.00
GF Value €430.44
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Domino's Pizza Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Domino's Pizza  (MIL:1DPZ) 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.


Domino's Pizza Cyclically Adjusted PB Ratio Related Terms


Domino's Pizza Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Domino's Pizza'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.

Domino's Pizza Cyclically Adjusted PB Ratio Chart

Domino's Pizza Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Domino's Pizza Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

MIL:1DPZ vs BROS, CAVA, LKNCY: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Domino's Pizza'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.


Domino's Pizza Cyclically Adjusted PB Ratio vs Restaurants Industry

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

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


MIL:1DPZ
48GF Score
Domino's Pizza Inc MIL:1DPZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Domino's Pizza 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.

Domino's Pizza's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Domino's Pizza's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Domino's Pizza Quarterly Data

Book Value per Share CPI Adj_Book
201609 -35.882 241.428 -49.633
201612 -37.115 241.432 -51.338
201703 -36.041 243.801 -49.368
201706 -33.261 244.955 -45.345
201709 -53.051 246.819 -71.779
201712 -53.881 246.524 -72.990
201803 -52.718 249.554 -70.547
201806 -59.931 251.989 -79.424
201809 -61.270 252.439 -81.054
201812 -65.208 251.233 -86.678
201903 -64.089 254.202 -84.195
201906 -62.337 256.143 -81.273
201909 -65.173 256.759 -84.767
201912 -78.959 256.974 -102.612
202003 -78.636 258.115 -101.740
202006 -74.090 257.797 -95.977
202009 -69.203 260.280 -88.791
202012 -69.799 260.474 -89.489
202103 -70.027 264.877 -88.289
202106 -93.251 271.696 -114.618
202109 -95.949 274.310 -116.811
202112 -103.089 278.802 -123.481
202203 -105.790 287.504 -122.881
202206 -110.155 296.311 -124.148
202209 -123.163 296.808 -138.576
202212 -111.645 296.797 -125.621
202303 -109.758 301.836 -121.436
202306 -109.697 305.109 -120.067
202309 -111.253 307.789 -120.710
202312 -107.485 306.746 -117.018
202403 -105.961 312.332 -113.296
202406 -103.409 314.175 -109.918
202409 -103.757 315.301 -109.895
202412 -110.378 315.605 -116.795
202503 -105.730 319.799 -110.409
202506 -101.541 322.561 -105.127
202509 -99.911 324.800 -102.726
202512 -99.071 324.054 -102.097
202603 -100.867 330.213 -102.009
202606 0.000 333.952 0.000

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.

Is Domino's Pizza (MIL:1DPZ) Overvalued in 2026?

Based on GuruFocus' analysis, Domino's Pizza stock appears to be undervalued. The current stock price of €290.00 is trading 32.6% below its estimated GF Value™ of €430.44. GuruFocus considers Domino's Pizza to be Significantly Undervalued.

Key valuation signals for MIL:1DPZ:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €430.44 vs. price of €290.00 (32.6% below fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the MIL:1DPZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Domino's Pizza Business Description

Address 30 Frank Lloyd Wright Drive, Ann Arbor, MI, USA, 48105
Domino's is the world's largest pizza chain, surpassing $20 billion in system sales with over 22,100 stores across more than 90 markets at the end of 2025. Around 33% of its units are in the US. The business is 99% franchised. Domino's operates through three segments: supply chain (60% of revenue), US stores (33%), and international franchises (7%). The firm generates the bulk of its revenue by supplying food to stores in the US and Canada through a vertically integrated network of 25 manufacturing and supply chain facilities, which primarily produce and distribute dough, and collecting brand royalties and marketing fees from franchisees. Domino's also generates revenue from sales at company-owned stores.
48GF Score

Get the complete analysis for MIL:1DPZ

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€290.00
Price
€430.44
GF Value