GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dentsu Group Inc (OTCPK:DNTUF) » Definitions » Cyclically Adjusted PB Ratio

Dentsu Group (Dentsu Group) Cyclically Adjusted PB Ratio : 1.07 (As of Apr. 29, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Dentsu Group Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Dentsu Group's current share price is $27.59. Dentsu Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $25.76. Dentsu Group's Cyclically Adjusted PB Ratio for today is 1.07.

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

DNTUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.32   Max: 2.55
Current: 1.17

During the past years, Dentsu Group's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.61. And the median was 1.32.

DNTUF's Cyclically Adjusted PB Ratio is ranked worse than
51.73% of 636 companies
in the Media - Diversified industry
Industry Median: 1.11 vs DNTUF: 1.17

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.

Dentsu Group's adjusted book value per share data for the three months ended in Dec. 2023 was $22.107. 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 $25.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsu Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dentsu 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.

* Premium members only.

Dentsu Group Cyclically Adjusted PB Ratio Chart

Dentsu Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 0.98 1.26 1.19 1.01

Dentsu Group 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 1.19 1.33 1.33 1.23 1.01

Competitive Comparison of Dentsu Group's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Dentsu 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.


Dentsu Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dentsu Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dentsu 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.

Dentsu Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.59/25.76
=1.07

* 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.

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

For example, Dentsu Group'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)
=22.107/106.8000*106.8000
=22.107

Current CPI (Dec. 2023) = 106.8000.

Dentsu Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 30.531 95.700 34.072
201406 29.356 98.000 31.992
201409 27.820 98.500 30.164
201412 27.606 97.900 30.116
201503 31.119 97.900 33.948
201506 28.852 98.400 31.315
201509 31.392 98.500 34.037
201512 0.000 98.100 0.000
201603 31.036 97.900 33.857
201606 31.065 98.100 33.820
201609 27.277 98.000 29.726
201612 28.201 98.400 30.608
201703 29.027 98.100 31.601
201706 30.254 98.500 32.803
201709 31.641 98.800 34.203
201712 34.337 99.400 36.893
201803 35.617 99.200 38.346
201806 34.234 99.200 36.857
201809 36.123 99.900 38.618
201812 33.122 99.700 35.481
201903 33.861 99.700 36.272
201906 34.531 99.800 36.953
201909 33.260 100.100 35.486
201912 32.292 100.500 34.316
202003 28.756 100.300 30.620
202006 30.823 99.900 32.952
202009 31.491 99.900 33.666
202012 25.370 99.300 27.286
202103 25.679 99.900 27.453
202106 26.591 99.500 28.542
202109 28.436 100.100 30.339
202112 27.129 100.100 28.945
202203 26.943 101.100 28.462
202206 25.359 101.800 26.605
202209 24.080 103.100 24.944
202212 24.679 104.100 25.319
202303 24.750 104.400 25.319
202306 24.615 105.200 24.989
202309 23.035 106.200 23.165
202312 22.107 106.800 22.107

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.


Dentsu Group  (OTCPK:DNTUF) 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.


Dentsu Group Cyclically Adjusted PB Ratio Related Terms

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


Dentsu Group (Dentsu Group) Business Description

Traded in Other Exchanges
Address
1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group Inc is a Japanese international advertising and public relations company that provides communication-related solutions and services such as management and business consulting. Dentsu is one of the world's largest advertising agencies. The company operates through its nine global network brands--Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, MKTG, Posterscope and Vizeum--as well as through its specialist/multi-market brands. It is also active in the production and marketing of sports and entertainment content on a global scale. The company earns a majority of its revenue in Japan, followed by Europe and the Americas, while operating in over 100 countries around the world.

Dentsu Group (Dentsu Group) Headlines

From GuruFocus

Isobar Appoints Deb Boyda as US CEO

By GlobeNewswire GlobeNewswire 04-20-2018

Dentsu Aegis Network accelerates towards RE100 commitment

By Marketwired Marketwired 09-16-2019

dentsu X Continues Rapid Growth, Merges with Gravity

By GlobeNewswire GlobeNewswire 10-10-2019

dentsu X Continues Rapid Growth, Merges with Gravity

By Marketwired Marketwired 10-10-2019

DENTSU ANNOUNCES NEW GLOBAL MANAGEMENT STRUCTURE

By PRNewswire PRNewswire 11-14-2022