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ADF Group (TSX:DRX) Cyclically Adjusted PB Ratio : 1.81 (As of May. 22, 2025)


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What is ADF Group Cyclically Adjusted PB Ratio?

As of today (2025-05-22), ADF Group's current share price is C$7.26. ADF Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was C$4.01. ADF Group's Cyclically Adjusted PB Ratio for today is 1.81.

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

TSX:DRX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.61   Max: 4.46
Current: 1.9

During the past years, ADF Group's highest Cyclically Adjusted PB Ratio was 4.46. The lowest was 0.20. And the median was 0.61.

TSX:DRX's Cyclically Adjusted PB Ratio is ranked better than
50.74% of 2091 companies
in the Industrial Products industry
Industry Median: 1.96 vs TSX:DRX: 1.90

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.

ADF Group's adjusted book value per share data for the three months ended in Jan. 2025 was C$5.808. 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 C$4.01 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ADF Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ADF Group'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.

ADF Group Cyclically Adjusted PB Ratio Chart

ADF Group Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.51 0.58 2.10 2.00

ADF Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.10 3.72 3.55 2.56 2.00

Competitive Comparison of ADF Group's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, ADF Group'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.


ADF Group's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADF Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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ADF Group 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.

ADF Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.26/4.01
=1.81

* 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.

ADF Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, ADF Group's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=5.808/127.4427*127.4427
=5.808

Current CPI (Jan. 2025) = 127.4427.

ADF Group Quarterly Data

Book Value per Share CPI Adj_Book
201504 3.090 99.710 3.949
201507 3.159 100.579 4.003
201510 3.182 100.500 4.035
201601 3.296 100.184 4.193
201604 3.190 101.370 4.010
201607 3.241 101.844 4.056
201610 3.264 102.002 4.078
201701 3.238 102.318 4.033
201704 3.298 103.029 4.080
201707 3.251 103.029 4.021
201710 3.255 103.424 4.011
201801 2.935 104.056 3.595
201804 2.939 105.320 3.556
201807 2.935 106.110 3.525
201810 2.994 105.952 3.601
201901 2.969 105.557 3.585
201904 3.032 107.453 3.596
201907 3.022 108.243 3.558
201910 2.889 107.927 3.411
202001 2.893 108.085 3.411
202004 2.942 107.216 3.497
202007 2.965 108.401 3.486
202010 3.028 108.638 3.552
202101 3.051 109.192 3.561
202104 3.133 110.851 3.602
202107 3.195 112.431 3.622
202110 3.264 113.695 3.659
202201 3.323 114.801 3.689
202204 3.452 118.357 3.717
202207 3.620 120.964 3.814
202210 3.794 121.517 3.979
202301 3.829 121.596 4.013
202304 4.009 123.571 4.135
202307 4.282 124.914 4.369
202310 4.718 125.310 4.798
202401 4.967 125.072 5.061
202404 5.484 126.890 5.508
202407 4.890 128.075 4.866
202410 5.448 127.838 5.431
202501 5.808 127.443 5.808

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.


ADF Group  (TSX:DRX) 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.


ADF Group Cyclically Adjusted PB Ratio Related Terms

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


ADF Group Business Description

Traded in Other Exchanges
Address
300, rue Henry-Bessemer, Terrebonne, QC, CAN, J6Y 1T3
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators in the United States and Canada.

ADF Group Headlines

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