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Dicker Data (ASX:DDR) Cyclically Adjusted PB Ratio : 13.30 (As of Apr. 28, 2024)


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What is Dicker Data Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Dicker Data's current share price is A$10.77. Dicker Data's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was A$0.81. Dicker Data's Cyclically Adjusted PB Ratio for today is 13.30.

The historical rank and industry rank for Dicker Data's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:DDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.7   Med: 21.37   Max: 36.81
Current: 13.35

During the past 13 years, Dicker Data's highest Cyclically Adjusted PB Ratio was 36.81. The lowest was 11.70. And the median was 21.37.

ASX:DDR's Cyclically Adjusted PB Ratio is ranked worse than
97.93% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs ASX:DDR: 13.35

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.

Dicker Data's adjusted book value per share data of for the fiscal year that ended in Dec23 was A$1.416. 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 A$0.81 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dicker Data Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dicker Data's Cyclically Adjusted PB Ratio 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.

Dicker Data Cyclically Adjusted PB Ratio Chart

Dicker Data Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 24.89 28.47 15.19 14.83

Dicker Data Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 28.47 - 15.19 - 14.83

Competitive Comparison of Dicker Data's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Dicker Data'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.


Dicker Data's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dicker Data's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dicker Data Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Dicker Data's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.77/0.81
=13.30

* 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.

Dicker Data's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dicker Data's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.416/125.6559*125.6559
=1.416

Current CPI (Dec23) = 125.6559.

Dicker Data Annual Data

Book Value per Share CPI Adj_Book
201406 0.159 98.352 0.203
201512 0.451 100.673 0.563
201612 0.462 102.159 0.568
201712 0.467 104.110 0.564
201812 0.498 105.967 0.591
201912 0.588 107.917 0.685
202012 0.939 108.846 1.084
202112 1.031 112.654 1.150
202212 1.278 121.477 1.322
202312 1.416 125.656 1.416

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


Dicker Data  (ASX:DDR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Dicker Data Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Dicker Data's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dicker Data (ASX:DDR) Business Description

Industry
Traded in Other Exchanges
Address
238 Captain Cook Drive, Kurnell, Sydney, NSW, AUS, 2231
Dicker Data Ltd is engaged in the wholesale distribution of computer hardware, software, and related products. The business is geographically organized into Australia and New Zealand and generates maximum revenue in Australia.

Dicker Data (ASX:DDR) Headlines

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