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Dollarama (Dollarama) Cyclically Adjusted Book per Share : $0.41 (As of Jan. 2024)


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What is Dollarama Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Dollarama's adjusted book value per share for the three months ended in Jan. 2024 was $1.018. 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 $0.41 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Dollarama's average Cyclically Adjusted Book Growth Rate was -21.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -19.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Dollarama was -11.80% per year. The lowest was -19.90% per year. And the median was -16.00% per year.

As of today (2024-04-28), Dollarama's current stock price is $84.535. Dollarama's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.41. Dollarama's Cyclically Adjusted PB Ratio of today is 206.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dollarama was 211.64. The lowest was 22.52. And the median was 53.92.


Dollarama Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dollarama's Cyclically Adjusted Book per Share 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.

Dollarama Cyclically Adjusted Book per Share Chart

Dollarama Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.83 0.72 0.52 0.41

Dollarama Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 0.52 0.49 0.47 0.42 0.41

Competitive Comparison of Dollarama's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Dollarama'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.


Dollarama's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Dollarama Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Dollarama's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.018/125.4675*125.4675
=1.018

Current CPI (Jan. 2024) = 125.4675.

Dollarama Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.675 98.920 2.125
201407 1.586 99.315 2.004
201410 1.575 99.473 1.987
201501 1.569 98.209 2.004
201504 1.537 99.710 1.934
201507 1.495 100.579 1.865
201510 1.265 100.500 1.579
201601 0.896 100.184 1.122
201604 0.704 101.370 0.871
201607 0.540 101.844 0.665
201610 0.430 102.002 0.529
201701 0.220 102.318 0.270
201704 0.078 103.029 0.095
201707 -0.139 103.029 -0.169
201710 -0.036 103.424 -0.044
201801 -0.814 104.056 -0.981
201804 -0.351 105.320 -0.418
201807 -0.133 106.110 -0.157
201810 -0.520 105.952 -0.616
201901 -0.758 105.557 -0.901
201904 -0.520 107.453 -0.607
201907 -0.257 108.243 -0.298
201910 -0.274 107.927 -0.319
202001 -0.227 108.085 -0.264
202004 0.024 107.216 0.028
202007 0.273 108.401 0.316
202010 0.638 108.638 0.737
202101 0.848 109.192 0.974
202104 0.368 110.851 0.417
202107 0.361 112.431 0.403
202110 0.050 113.695 0.055
202201 -0.179 114.801 -0.196
202204 -0.046 118.357 -0.049
202207 -0.330 120.964 -0.342
202210 0.104 121.517 0.107
202301 0.074 121.596 0.076
202304 0.567 123.571 0.576
202307 0.545 124.914 0.547
202310 0.845 125.310 0.846
202401 1.018 125.468 1.018

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Dollarama  (OTCPK:DLMAF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Dollarama's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=84.535/0.41
=206.18

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dollarama was 211.64. The lowest was 22.52. And the median was 53.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Dollarama Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Dollarama's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dollarama (Dollarama) Business Description

Traded in Other Exchanges
Address
5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items both in-store and online. General merchandise and consumer products jointly account for the majority of the company's product offerings. The company's stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.