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Dominion Lending Centres (Dominion Lending Centres) Cyclically Adjusted PB Ratio : 1.59 (As of Jun. 06, 2024)


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What is Dominion Lending Centres Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Dominion Lending Centres's current share 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 for today is 1.59.

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

BRLGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.49   Max: 1.77
Current: 1.77

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

BRLGF's Cyclically Adjusted PB Ratio is ranked worse than
85.64% of 1191 companies
in the Banks industry
Industry Median: 0.91 vs BRLGF: 1.77

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dominion Lending Centres Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dominion Lending Centres'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.

Dominion Lending Centres Cyclically Adjusted PB Ratio Chart

Dominion Lending Centres Annual Data
Trend Sep13 Sep14 Sep15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 1.07 1.43 1.32 1.28

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 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 1.21 0.90 0.91 1.28 1.40

Competitive Comparison of Dominion Lending Centres's Cyclically Adjusted PB Ratio

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 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.

Dominion Lending Centres's Cyclically Adjusted PB Ratio for 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.

Dominion Lending Centres's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Dominion Lending Centres  (OTCPK:BRLGF) 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.


Dominion Lending Centres Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Dominion Lending Centres's Cyclically Adjusted PB Ratio 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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