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DDM Holding AG (OSTO:DDM) Cyclically Adjusted PB Ratio : 1.12 (As of May. 17, 2024)


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What is DDM Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-17), DDM Holding AG's current share price is kr23.00. DDM Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was kr20.57. DDM Holding AG's Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for DDM Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSTO:DDM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.12   Max: 1.43
Current: 1.12

During the past years, DDM Holding AG's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.43. And the median was 1.12.

OSTO:DDM's Cyclically Adjusted PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.79 vs OSTO:DDM: 1.12

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.

DDM Holding AG's adjusted book value per share data for the three months ended in Jun. 2023 was kr18.408. 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 kr20.57 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DDM Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DDM Holding AG'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.

DDM Holding AG Cyclically Adjusted PB Ratio Chart

DDM Holding AG 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 - - - 1.41 -

DDM Holding AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 1.41 1.31 0.99 -

Competitive Comparison of DDM Holding AG's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, DDM Holding AG'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.


DDM Holding AG's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DDM Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DDM Holding AG's Cyclically Adjusted PB Ratio falls into.



DDM Holding AG 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.

DDM Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.00/20.57
=1.12

* 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.

DDM Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, DDM Holding AG's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=18.408/106.5755*106.5755
=18.408

Current CPI (Jun. 2023) = 106.5755.

DDM Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 101.336 0.000
201312 0.807 101.036 0.851
201403 0.000 101.224 0.000
201406 1.908 101.517 2.003
201409 13.509 101.247 14.220
201412 8.039 100.704 8.508
201503 8.199 100.339 8.709
201506 6.445 100.464 6.837
201509 4.548 99.785 4.857
201512 9.649 99.386 10.347
201603 9.777 99.475 10.475
201606 13.292 100.088 14.154
201609 17.363 99.604 18.578
201612 19.764 99.380 21.195
201703 19.537 100.040 20.813
201706 20.488 100.285 21.773
201709 20.577 100.254 21.875
201712 22.642 100.213 24.080
201803 23.908 100.836 25.269
201806 24.934 101.435 26.198
201809 24.873 101.246 26.182
201812 27.160 100.906 28.686
201903 27.767 101.571 29.135
201906 24.894 102.044 26.000
201909 23.887 101.396 25.107
201912 24.492 101.063 25.828
202003 25.290 101.048 26.674
202006 23.820 100.743 25.199
202009 29.157 100.585 30.894
202012 32.498 100.241 34.552
202103 33.011 100.800 34.902
202106 29.431 101.352 30.948
202109 27.548 101.533 28.916
202112 25.683 101.776 26.894
202203 24.950 103.205 25.765
202206 21.895 104.783 22.270
202209 22.700 104.835 23.077
202212 7.849 104.666 7.992
202303 23.241 106.245 23.313
202306 18.408 106.576 18.408

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.


DDM Holding AG  (OSTO:DDM) 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.


DDM Holding AG Cyclically Adjusted PB Ratio Related Terms

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


DDM Holding AG (OSTO:DDM) Business Description

Traded in Other Exchanges
N/A
Address
Landis & Gyr Strasse 1, Zug, CHE, 6300
DDM Holding AG is a Swiss company investing and managing non-performing loans and special situations. It invests in corporate and consumer-secured portfolios in Southern, Central and Eastern Europe and also unsecured portfolios. It has invested in assets that originate in Greece, Croatia, Serbia, Bosnia, Romania, Hungary, Russia, Czech Republic, Slovakia, and Slovenia.

DDM Holding AG (OSTO:DDM) Headlines