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Dollar Tree (Dollar Tree) Cyclically Adjusted Book per Share : $30.54 (As of Jan. 2024)


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What is Dollar Tree 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.

Dollar Tree's adjusted book value per share for the three months ended in Jan. 2024 was $33.561. 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 $30.54 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Dollar Tree's average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 20.60% 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 Dollar Tree was 26.40% per year. The lowest was 8.40% per year. And the median was 17.90% per year.

As of today (2024-04-27), Dollar Tree's current stock price is $121.74. Dollar Tree's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $30.54. Dollar Tree's Cyclically Adjusted PB Ratio of today is 3.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dollar Tree was 15.07. The lowest was 3.62. And the median was 7.47.


Dollar Tree Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dollar Tree'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.

Dollar Tree Cyclically Adjusted Book per Share Chart

Dollar Tree 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 15.97 18.49 22.43 26.80 30.54

Dollar Tree 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 26.80 27.93 28.90 29.97 30.54

Competitive Comparison of Dollar Tree's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Dollar Tree'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.


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

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

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



Dollar Tree 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, Dollar Tree'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)
=33.561/129.4194*129.4194
=33.561

Current CPI (Jan. 2024) = 129.4194.

Dollar Tree Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.372 100.023 8.245
201407 7.043 100.520 9.068
201410 7.706 100.176 9.956
201501 8.678 98.604 11.390
201504 9.073 99.824 11.763
201507 17.243 100.691 22.163
201510 17.641 100.346 22.752
201601 18.755 99.957 24.283
201604 19.820 100.947 25.410
201607 20.606 101.524 26.268
201610 21.389 101.988 27.142
201701 22.824 102.456 28.830
201704 23.697 103.167 29.727
201707 24.747 103.278 31.011
201710 25.797 104.070 32.081
201801 30.263 104.578 37.452
201804 30.932 105.708 37.870
201807 32.146 106.324 39.129
201810 33.374 106.695 40.482
201901 23.701 106.200 28.883
201904 24.225 107.818 29.078
201907 24.771 108.250 29.615
201910 25.861 108.577 30.825
202001 26.422 108.841 31.418
202004 27.490 108.173 32.889
202007 28.713 109.318 33.993
202010 29.597 109.861 34.866
202101 31.216 110.364 36.606
202104 31.973 112.673 36.725
202107 31.177 115.183 35.030
202110 32.212 116.696 35.724
202201 34.289 118.619 37.411
202204 36.548 121.978 38.778
202207 37.501 125.002 38.826
202210 37.411 125.734 38.507
202301 39.560 126.223 40.562
202304 40.334 127.992 40.784
202307 41.065 128.974 41.207
202310 41.303 129.810 41.179
202401 33.561 129.419 33.561

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


Dollar Tree  (NAS:DLTR) 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.

Dollar Tree's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=121.74/30.54
=3.99

* 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 Dollar Tree was 15.07. The lowest was 3.62. And the median was 7.47.


Be Aware

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


Dollar Tree Cyclically Adjusted Book per Share Related Terms

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


Dollar Tree (Dollar Tree) Business Description

Traded in Other Exchanges
Address
500 Volvo Parkway, Chesapeake, VA, USA, 23320
Dollar Tree operates discount stores across the United States and Canada, with over 8,200 shops under its namesake banner and 8,350 under Family Dollar. About 45% of Dollar Tree's sales in fiscal 2022 were composed of consumables (including food, health and beauty, and cleaning products), nearly 50% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (nearly 80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.
Executives
Mantle Ridge Lp other: Director by deputization 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019
Robert Aflatooni officer: Chief Information Officer DOLLAR TREE, INC., 500 VOLVO PARKWAY, CHESAPEAKE VA 23328
Daniel J Heinrich director CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
Jonathan Leiken officer: Chief Legal Officer C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR RD., NORTH CANTON OH 44720
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Jennifer Hulett officer: Chief Human Resources Officer 1500 SOLANA BLVD., SUITE 3400, WESTLAKE TX 76262
Michael J Kindy officer: Chief Supply Chain Officer 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Jeffrey A. Davis officer: Chief Financial Officer 1200 WILSON DRIVE, WEST CHESTER PA 19380
Richard W Dreiling director, other: Executive Chairman C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Janet Dhillon officer: Chief Legal Officer 111 W RIO SALADO PARKWAY, TEMPE AZ 85281
Creedon Michael C Jr officer: Chief Operating Officer 833 KEITH ROAD, WAKE FOREST NC 27587
John W Flanigan officer: Chief Supply Chain Officer 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Gatta Lawrence J. Jr. officer: Chief Merchandising Officer FD C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596
David A. Jacobs officer: Chief Strategy Officer 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Kelly Edward J Iii director CIT GROUP INC, ONE CIT DRIVE, LIVINGSTON NJ 07039

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