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Domino's Pizza Group (Domino's Pizza Group) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Domino's Pizza Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Domino's Pizza Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Domino's Pizza Group'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.

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Domino's Pizza Group Cyclically Adjusted PB Ratio Chart

Domino's Pizza Group 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 27.47 29.99 55.28 64.04 -

Domino's Pizza Group 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 55.28 - 64.04 - -

Competitive Comparison of Domino's Pizza Group's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Domino's Pizza 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.


Domino's Pizza Group's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Domino's Pizza Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Domino's Pizza Group 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.

Domino's Pizza Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Domino's Pizza Group'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)
=-0.428/130.0000*130.0000
=-0.428

Current CPI (Dec23) = 130.0000.

Domino's Pizza Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.231 99.900 0.301
201512 0.293 100.400 0.379
201612 0.259 102.200 0.329
201712 0.121 105.000 0.150
201812 0.008 107.100 0.010
201912 -0.084 108.500 -0.101
202012 -0.025 109.400 -0.030
202112 -0.174 114.700 -0.197
202212 -0.325 125.300 -0.337
202312 -0.428 130.000 -0.428

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.


Domino's Pizza Group  (OTCPK:DMPZF) 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.


Domino's Pizza Group Cyclically Adjusted PB Ratio Related Terms

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Domino's Pizza Group (Domino's Pizza Group) Business Description

Traded in Other Exchanges
Address
1 Thornbury, West Ashland, Milton Keynes, Buckinghamshire, GBR, MK6 4BB
Domino's Pizza Group PLC is the UK's pizza brand and a player in the Irish market. The company owns, operates and franchises Domino's stores in the UK and the Republic of Ireland. The company also has an associate investment in Germany and Luxembourg. The company is organised into two geographical business units based on the operating models of the regions, the UK and Ireland. Revenue included in each segment includes all sales made to franchise stores (royalties, sales to franchisees and rental income) and by corporate stores located in that segment.

Domino's Pizza Group (Domino's Pizza Group) Headlines

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