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Dominion Lending Centres (TSX:DLCG) Cyclically Adjusted Book per Share : C$2.14 (As of Mar. 2025)


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What is Dominion Lending Centres 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.

Dominion Lending Centres's adjusted book value per share for the three months ended in Mar. 2025 was C$1.730. 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$2.14 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -11.10% 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 Dominion Lending Centres was 1.00% per year. The lowest was -18.70% per year. And the median was -8.50% per year.

As of today (2025-07-09), Dominion Lending Centres's current stock price is C$8.30. Dominion Lending Centres's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$2.14. Dominion Lending Centres's Cyclically Adjusted PB Ratio of today is 3.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dominion Lending Centres was 4.44. The lowest was 0.19. And the median was 0.72.


Dominion Lending Centres Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dominion Lending Centres'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.

Dominion Lending Centres Cyclically Adjusted Book per Share Chart

Dominion Lending Centres Annual Data
Trend Sep14 Sep15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 2.62 2.42 2.19 2.09

Dominion Lending Centres Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.14 2.09 2.08 2.09 2.14

Competitive Comparison of Dominion Lending Centres's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Dominion Lending Centres'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.


Dominion Lending Centres's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dominion Lending Centres's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Dominion Lending Centres 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, Dominion Lending Centres's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.73/129.1809*129.1809
=1.730

Current CPI (Mar. 2025) = 129.1809.

Dominion Lending Centres Quarterly Data

Book Value per Share CPI Adj_Book
201503 4.595 99.789 5.948
201506 5.211 100.500 6.698
201509 2.757 100.421 3.547
201512 2.312 99.947 2.988
201603 2.158 101.054 2.759
201606 2.577 102.002 3.264
201609 2.870 101.765 3.643
201703 2.785 102.634 3.505
201706 2.807 103.029 3.520
201709 2.822 103.345 3.528
201712 2.659 103.345 3.324
201803 2.598 105.004 3.196
201806 2.570 105.557 3.145
201809 2.265 105.636 2.770
201812 2.094 105.399 2.566
201903 2.085 106.979 2.518
201906 2.019 107.690 2.422
201909 1.953 107.611 2.344
201912 1.930 107.769 2.313
202003 1.899 107.927 2.273
202006 1.868 108.401 2.226
202009 1.917 108.164 2.289
202012 1.060 108.559 1.261
202103 1.047 110.298 1.226
202106 1.046 111.720 1.209
202109 1.059 112.905 1.212
202112 0.685 113.774 0.778
202203 -0.039 117.646 -0.043
202206 0.139 120.806 0.149
202209 0.724 120.648 0.775
202212 0.661 120.964 0.706
202303 0.629 122.702 0.662
202306 0.527 124.203 0.548
202309 0.609 125.230 0.628
202312 0.533 125.072 0.551
202403 0.559 126.258 0.572
202406 0.595 127.522 0.603
202409 0.671 127.285 0.681
202412 1.684 127.364 1.708
202503 1.730 129.181 1.730

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


Dominion Lending Centres  (TSX:DLCG) 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.

Dominion Lending Centres's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.30/2.14
=3.88

* 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 Dominion Lending Centres was 4.44. The lowest was 0.19. And the median was 0.72.


Be Aware

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


Dominion Lending Centres Cyclically Adjusted Book per Share Related Terms

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


Dominion Lending Centres Business Description

Traded in Other Exchanges
Address
2215 Coquitlam Avenue, Port Coquitlam, BC, CAN, V3B 1J6
Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada.
Executives
James Geral Bell Director
Geoffrey Charles Willis Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Trevor Bruno Director
Richard George Spence Senior Officer
Jose Pinheiro Senior Officer
Edward Cocciollo Senior Officer
Dennis Frank Sykora Director
Ronald Philippe Gratton Director
Dustan Haney Woodhouse Senior Officer
Amardeep Leekha Senior Officer
Belkorp Industries Inc. 10% Security Holder
Gary Brian Mauris Director
Christopher Mark Kayat Director
Dominion Lending Centres Inc. Issuer
Robin Candice Burpee Senior Officer

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