GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » The Dixie Group Inc (NAS:DXYN) » Definitions » Cyclically Adjusted Book per Share

The Dixie Group (The Dixie Group) Cyclically Adjusted Book per Share : $5.15 (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is The Dixie Group 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.

The Dixie Group's adjusted book value per share for the three months ended in Mar. 2024 was $1.694. 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 $5.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Dixie Group's average Cyclically Adjusted Book Growth Rate was -7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.60% 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 The Dixie Group was 0.80% per year. The lowest was -8.70% per year. And the median was -5.10% per year.

As of today (2024-05-15), The Dixie Group's current stock price is $0.8303. The Dixie Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.15. The Dixie Group's Cyclically Adjusted PB Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Dixie Group was 1.94. The lowest was 0.09. And the median was 0.52.


The Dixie Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Dixie Group'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.

The Dixie Group Cyclically Adjusted Book per Share Chart

The Dixie Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 5.34 5.53 5.58 5.28

The Dixie Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.57 5.51 5.43 5.28 5.15

Competitive Comparison of The Dixie Group's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, The Dixie 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.


The Dixie Group's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, The Dixie Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Dixie Group 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, The Dixie Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.694/129.4194*129.4194
=1.694

Current CPI (Mar. 2024) = 129.4194.

The Dixie Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.221 100.560 8.006
201409 6.230 100.428 8.028
201412 5.895 99.070 7.701
201503 5.650 99.621 7.340
201506 5.722 100.684 7.355
201509 5.668 100.392 7.307
201512 5.673 99.792 7.357
201603 5.292 100.470 6.817
201606 5.385 101.688 6.854
201609 5.448 101.861 6.922
201612 5.411 101.863 6.875
201703 5.391 102.862 6.783
201706 5.471 103.349 6.851
201709 5.453 104.136 6.777
201712 4.911 104.011 6.111
201803 4.723 105.290 5.805
201806 4.647 106.317 5.657
201809 4.503 106.507 5.472
201812 3.605 105.998 4.402
201903 3.187 107.251 3.846
201906 3.078 108.070 3.686
201909 2.927 108.329 3.497
201912 4.616 108.420 5.510
202003 4.392 108.902 5.219
202006 3.966 108.767 4.719
202009 4.055 109.815 4.779
202012 4.132 109.897 4.866
202103 3.932 111.754 4.554
202106 4.152 114.631 4.688
202109 4.575 115.734 5.116
202112 4.202 117.630 4.623
202203 3.942 121.301 4.206
202206 3.642 125.017 3.770
202209 3.124 125.227 3.229
202212 2.022 125.222 2.090
202303 1.913 127.348 1.944
202306 1.809 128.729 1.819
202309 1.667 129.860 1.661
202312 1.886 129.419 1.886
202403 1.694 129.419 1.694

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


The Dixie Group  (NAS:DXYN) 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.

The Dixie Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.8303/5.15
=0.16

* 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 The Dixie Group was 1.94. The lowest was 0.09. And the median was 0.52.


Be Aware

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


The Dixie Group Cyclically Adjusted Book per Share Related Terms

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


The Dixie Group (The Dixie Group) Business Description

Traded in Other Exchanges
Address
475 Reed Road, Dalton, GA, USA, 30720
The Dixie Group Inc is carpet and rug mills company. Its businesses consist principally of marketing, manufacturing and selling finished carpet, rugs, and luxury vinyl tile in the domestic floor covering market. The company has one reportable segment, Floor covering. The company sells floor covering products in both residential and commercial applications. Additionally, the company provides manufacturing support to its carpet businesses through its separate processing operations. Its business is primarily concentrated in areas of the soft floor covering market segment. The company provides its products under the brand of Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract, and Hospitality.
Executives
Lowry F Kline director PO BOX 2007, DALTON GA 30722
Allen L Danzey officer: Chief Financial Officer PO BOX 2007, DALTON GA 30722-2007
Frierson Daniel K Jr officer: President, Masland Residential PO BOX 2007, DALTON GA 30722
Jon A Faulkner officer: VP Planning & Development PO BOX 2007, DALTON GA 30722
Daniel K Frierson director, 10 percent owner, officer: Chairman of the Board & CEO PO BOX 2007, DALTON GA 30722
W Derek Davis officer: VP - Human Resources PO BOX 2007, DALTON GA 30722
Murrey John W Iii director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Thomas Martin Nuckols officer: Executive Vice President 475 REED ROAD, DALTON GA 30720
Blue William F Jr director PO BOX 2007, DALTON GA 30722
David E Hobbs officer: VP - Pres Masland Contract 716 BILL MYLES DRIVE, SARALAND AL 36571
Paul B Comiskey officer: Vice Pres/President Dixie Home PO BOX 2007, DALTON GA 30722
D Eugene Lasater officer: Controller 2208 S. HAMILTON STREET, DALTON GA 30721
Starr T Klein officer: Secretary PO BOX 25107, CHATTANOOGA TN 37422-5107
Michael L. Owens director PO BOX 2007, DALTON GA 30722
Vinson Lee Martin officer: VP-President Masland Contract 716 BILL MYLES DRIVE, SARALAND AL 36571