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DCM Holdings Co (TSE:3050) Cyclically Adjusted Book per Share : 円1,516.04 (As of Nov. 2023)


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What is DCM Holdings Co 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.

DCM Holdings Co's adjusted book value per share for the three months ended in Nov. 2023 was 円1,867.742. 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 円1,516.04 for the trailing ten years ended in Nov. 2023.

During the past 12 months, DCM Holdings Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 DCM Holdings Co was 6.00% per year. The lowest was 4.50% per year. And the median was 5.25% per year.

As of today (2024-04-28), DCM Holdings Co's current stock price is 円1450.00. DCM Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円1,516.04. DCM Holdings Co's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DCM Holdings Co was 1.19. The lowest was 0.74. And the median was 0.87.


DCM Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for DCM Holdings Co'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.

DCM Holdings Co Cyclically Adjusted Book per Share Chart

DCM Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,198.40 1,249.77 1,321.48 1,428.55 -

DCM Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,428.55 1,458.67 1,485.22 1,516.04 -

Competitive Comparison of DCM Holdings Co's Cyclically Adjusted Book per Share

For the Home Improvement Retail subindustry, DCM Holdings Co'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.


DCM Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, DCM Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DCM Holdings Co 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, DCM Holdings Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=1867.742/106.9000*106.9000
=1,867.742

Current CPI (Nov. 2023) = 106.9000.

DCM Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 1,097.812 95.500 1,228.860
201405 1,116.818 98.100 1,217.001
201408 1,137.132 98.300 1,236.617
201411 1,129.377 97.900 1,233.201
201502 1,154.747 97.600 1,264.779
201505 1,178.199 98.700 1,276.084
201508 1,216.889 98.400 1,322.006
201511 1,228.670 98.100 1,338.887
201602 1,205.138 97.800 1,317.273
201605 1,227.414 98.200 1,336.156
201608 1,249.080 97.900 1,363.909
201611 1,264.122 98.600 1,370.534
201702 1,263.312 98.100 1,376.637
201705 1,280.437 98.600 1,388.222
201708 1,299.432 98.500 1,410.247
201711 1,306.976 99.100 1,409.846
201802 1,328.827 99.500 1,427.654
201805 1,351.514 99.300 1,454.953
201808 1,382.570 99.800 1,480.929
201811 1,400.208 100.000 1,496.822
201902 1,410.178 99.700 1,512.016
201905 1,420.321 100.000 1,518.323
201908 1,451.008 100.000 1,551.128
201911 1,464.033 100.500 1,557.265
202002 1,467.314 100.300 1,563.867
202005 1,521.394 100.100 1,624.745
202008 1,525.509 100.100 1,629.140
202011 1,527.018 99.500 1,640.585
202102 1,531.652 99.800 1,640.617
202105 1,567.815 99.400 1,686.111
202108 1,608.135 99.700 1,724.269
202111 1,604.700 100.100 1,713.711
202202 1,624.211 100.700 1,724.212
202205 1,698.702 101.800 1,783.804
202208 1,743.583 102.700 1,814.888
202211 1,672.651 103.900 1,720.947
202302 1,738.365 104.000 1,786.839
202305 1,767.882 105.100 1,798.160
202308 1,815.412 105.900 1,832.555
202311 1,867.742 106.900 1,867.742

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


DCM Holdings Co  (TSE:3050) 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.

DCM Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1450.00/1516.04
=0.96

* 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 DCM Holdings Co was 1.19. The lowest was 0.74. And the median was 0.87.


Be Aware

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


DCM Holdings Co Cyclically Adjusted Book per Share Related Terms

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


DCM Holdings Co (TSE:3050) Business Description

Traded in Other Exchanges
N/A
Address
6-16-16 Minamiohi, Shinagawa-ku, Tokyo, JPN, 140-0013
DCM Holdings Co Ltd is a Japanese holding company engaged in managing its subsidiaries that sell home improvement appliances and products. The company operates across Japan through its holdings. The majority of its stores are located on the northern Japanese island of Hokkaido and the central region of Chubu. The segments of the company include DCM Homac, DCM Sanwa, DCM Kahma, and DCM Daiki, which are all various regional home center brands. Some of DCM's products include gardening products, home improvement products, home leisure products, pet products, housekeeping products, home electronic products, home furnishing products, and lighting and electronics.

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