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Dangote Sugar Refinery (NSA:DSRP) Cyclically Adjusted PB Ratio : 5.23 (As of Jun. 19, 2024)


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What is Dangote Sugar Refinery Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Dangote Sugar Refinery's current share price is ₦47.00. Dangote Sugar Refinery's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was ₦8.99. Dangote Sugar Refinery's Cyclically Adjusted PB Ratio for today is 5.23.

The historical rank and industry rank for Dangote Sugar Refinery's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSA:DSRP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2.65   Max: 9.19
Current: 5.23

During the past 13 years, Dangote Sugar Refinery's highest Cyclically Adjusted PB Ratio was 9.19. The lowest was 1.55. And the median was 2.65.

NSA:DSRP's Cyclically Adjusted PB Ratio is ranked worse than
87.97% of 1372 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs NSA:DSRP: 5.23

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.

Dangote Sugar Refinery's adjusted book value per share data of for the fiscal year that ended in Dec22 was ₦14.097. 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 ₦8.99 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dangote Sugar Refinery Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dangote Sugar Refinery'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.

Dangote Sugar Refinery Cyclically Adjusted PB Ratio Chart

Dangote Sugar Refinery Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 2.36 2.72 2.17 1.78

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 2.96 2.36 2.72 2.17 1.78

Competitive Comparison of Dangote Sugar Refinery's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Dangote Sugar Refinery'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.


Dangote Sugar Refinery's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's Cyclically Adjusted PB Ratio falls into.



Dangote Sugar Refinery 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.

Dangote Sugar Refinery's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.00/8.99
=5.23

* 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.

Dangote Sugar Refinery's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Dangote Sugar Refinery's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=14.097/125.2218*125.2218
=14.097

Current CPI (Dec22) = 125.2218.

Dangote Sugar Refinery Annual Data

Book Value per Share CPI Adj_Book
201312 3.930 98.326 5.005
201412 4.301 99.070 5.436
201512 4.836 99.792 6.068
201612 5.534 101.863 6.803
201712 7.742 104.011 9.321
201812 8.278 105.998 9.779
201912 9.048 108.420 10.450
202012 10.268 109.897 11.700
202112 10.591 117.630 11.275
202212 14.097 125.222 14.097

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.


Dangote Sugar Refinery  (NSA:DSRP) 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.


Dangote Sugar Refinery Cyclically Adjusted PB Ratio Related Terms

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


Dangote Sugar Refinery (NSA:DSRP) Business Description

Traded in Other Exchanges
N/A
Address
Terminal E, Shed 20, 3rd Floor, GDNL Administrative Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar into edible sugar and selling refined sugar. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of revenue from the Northern Nigeria region.

Dangote Sugar Refinery (NSA:DSRP) Headlines

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