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Dominion Lending Centres (Dominion Lending Centres) Cyclically Adjusted Book per Share : $1.54 (As of Mar. 2024)


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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. 2024 was $0.413. 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 $1.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dominion Lending Centres's average Cyclically Adjusted Book Growth Rate was -10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -9.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -10.60% 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 -9.85% per year.

As of today (2024-06-06), Dominion Lending Centres's current stock price is $2.45. Dominion Lending Centres's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.54. Dominion Lending Centres's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dominion Lending Centres was 1.77. The lowest was 0.09. And the median was 0.49.


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 Sep13 Sep14 Sep15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.00 1.98 2.14 1.55

Dominion Lending Centres Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.62 2.16 1.84 1.55 1.54

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.



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. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.413/126.2576*126.2576
=0.413

Current CPI (Mar. 2024) = 126.2576.

Dominion Lending Centres Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.394 98.604 3.065
201406 0.795 99.473 1.009
201409 0.717 99.394 0.911
201412 0.630 98.367 0.809
201503 3.642 99.789 4.608
201506 4.214 100.500 5.294
201509 2.078 100.421 2.613
201512 1.686 99.947 2.130
201603 1.631 101.054 2.038
201606 1.999 102.002 2.474
201609 2.190 101.765 2.717
201703 2.081 102.634 2.560
201706 2.111 103.029 2.587
201709 2.299 103.345 2.809
201712 2.082 103.345 2.544
201803 2.009 105.004 2.416
201806 1.958 105.557 2.342
201809 1.738 105.636 2.077
201812 1.559 105.399 1.868
201903 1.559 106.979 1.840
201906 1.519 107.690 1.781
201909 1.475 107.611 1.731
201912 1.466 107.769 1.717
202003 1.360 107.927 1.591
202006 1.379 108.401 1.606
202009 1.449 108.164 1.691
202012 0.828 108.559 0.963
202103 0.833 110.298 0.954
202106 0.856 111.720 0.967
202109 0.835 112.905 0.934
202112 0.535 113.774 0.594
202203 -0.031 117.646 -0.033
202206 0.108 120.806 0.113
202209 0.543 120.648 0.568
202212 0.487 120.964 0.508
202303 0.460 122.702 0.473
202306 0.397 124.203 0.404
202309 0.450 125.230 0.454
202312 0.397 125.072 0.401
202403 0.413 126.258 0.413

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


Dominion Lending Centres  (OTCPK:BRLGF) 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
=2.45/1.54
=1.59

* 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 1.77. The lowest was 0.09. And the median was 0.49.


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 (Dominion Lending Centres) Business Description

Traded in Other Exchanges
Address
2207 - 4th Street SW, Suite 400, Calgary, AB, CAN, T2S 1X1
Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment. The company generates revenue mainly from franchising and mortgage brokerage services.

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