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Dundee (Dundee) Cyclically Adjusted PB Ratio : 0.11 (As of Apr. 29, 2024)


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What is Dundee Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Dundee's current share price is $1.01. Dundee's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.15. Dundee's Cyclically Adjusted PB Ratio for today is 0.11.

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

DDEJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.09   Max: 1.39
Current: 0.12

During the past years, Dundee's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.03. And the median was 0.09.

DDEJF's Cyclically Adjusted PB Ratio is ranked better than
87.22% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs DDEJF: 0.12

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.

Dundee's adjusted book value per share data for the three months ended in Dec. 2023 was $2.048. 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 $9.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dundee Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dundee'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.

Dundee Cyclically Adjusted PB Ratio Chart

Dundee Annual Data
Trend Dec14 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 0.06 0.07 0.08 0.09 0.08

Dundee Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.09 0.09 0.09 0.09 0.08

Competitive Comparison of Dundee's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Dundee'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.


Dundee's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dundee's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dundee 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.

Dundee's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.01/9.15
=0.11

* 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.

Dundee's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dundee's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.048/125.4675*125.4675
=2.048

Current CPI (Dec. 2023) = 125.4675.

Dundee Quarterly Data

Book Value per Share CPI Adj_Book
201403 26.317 98.604 33.487
201406 26.537 99.473 33.472
201409 24.486 99.394 30.909
201412 20.791 98.367 26.519
201503 18.691 99.789 23.501
201506 17.017 100.500 21.244
201509 12.989 100.421 16.229
201512 11.539 99.947 14.485
201603 11.776 101.054 14.621
201606 11.888 102.002 14.623
201609 11.112 101.765 13.700
201612 9.348 101.449 11.561
201703 9.788 102.634 11.966
201706 9.442 103.029 11.498
201709 9.526 103.345 11.565
201712 8.115 103.345 9.852
201803 7.738 105.004 9.246
201806 6.996 105.557 8.316
201809 5.727 105.636 6.802
201812 5.112 105.399 6.085
201903 5.312 106.979 6.230
201906 3.400 107.690 3.961
201909 3.205 107.611 3.737
201912 3.253 107.769 3.787
202003 1.956 107.927 2.274
202006 2.367 108.401 2.740
202009 2.543 108.164 2.950
202012 2.862 108.559 3.308
202103 3.031 110.298 3.448
202106 3.001 111.720 3.370
202109 2.467 112.905 2.741
202112 2.288 113.774 2.523
202203 2.597 117.646 2.770
202206 2.162 120.806 2.245
202209 2.116 120.648 2.201
202212 2.307 120.964 2.393
202303 2.243 122.702 2.294
202306 2.304 124.203 2.327
202309 2.056 125.230 2.060
202312 2.048 125.468 2.048

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.


Dundee  (OTCPK:DDEJF) 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.


Dundee Cyclically Adjusted PB Ratio Related Terms

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


Dundee (Dundee) Business Description

Address
80 Richmond Street West, Suite 2000, Corporate Legal, Toronto, ON, CAN, M5H 2A4
Dundee Corp is a public Canadian independent holding company. Through its operating subsidiaries, Dundee is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than thirty years of experience making accretive mining investments.