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Dana (DAN) Cyclically Adjusted PB Ratio : 1.23 (As of May. 22, 2024)


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What is Dana Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Dana's current share price is $13.91. Dana's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.27. Dana's Cyclically Adjusted PB Ratio for today is 1.23.

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

DAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.33   Max: 3.92
Current: 1.25

During the past years, Dana's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 0.74. And the median was 2.33.

DAN's Cyclically Adjusted PB Ratio is ranked better than
51.02% of 935 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs DAN: 1.25

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.

Dana's adjusted book value per share data for the three months ended in Mar. 2024 was $10.617. 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 $11.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dana Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dana'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.

Dana Cyclically Adjusted PB Ratio Chart

Dana 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 2.29 2.29 2.38 1.45 1.32

Dana 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 1.41 1.57 1.33 1.32 1.13

Competitive Comparison of Dana's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Dana'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.


Dana's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dana's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dana 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.91/11.27
=1.23

* 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.

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

For example, Dana'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)
=10.617/131.7762*131.7762
=10.617

Current CPI (Mar. 2024) = 131.7762.

Dana Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.221 100.560 9.463
201409 7.232 100.428 9.489
201412 6.503 99.070 8.650
201503 6.063 99.621 8.020
201506 6.263 100.684 8.197
201509 6.169 100.392 8.098
201512 4.851 99.792 6.406
201603 5.254 100.470 6.891
201606 5.169 101.688 6.698
201609 5.375 101.861 6.954
201612 8.038 101.863 10.398
201703 7.458 102.862 9.554
201706 7.736 103.349 9.864
201709 8.201 104.136 10.378
201712 6.987 104.011 8.852
201803 7.589 105.290 9.498
201806 7.921 106.317 9.818
201809 8.565 106.507 10.597
201812 9.297 105.998 11.558
201903 9.965 107.251 12.244
201906 11.924 108.070 14.540
201909 12.444 108.329 15.137
201912 13.012 108.420 15.815
202003 12.341 108.902 14.933
202006 11.379 108.767 13.786
202009 11.786 109.815 14.143
202012 12.165 109.897 14.587
202103 12.367 111.754 14.583
202106 12.883 114.631 14.810
202109 12.868 115.734 14.652
202112 13.325 117.630 14.928
202203 13.479 121.301 14.643
202206 12.898 125.017 13.595
202209 11.315 125.227 11.907
202212 10.818 125.222 11.384
202303 11.106 127.348 11.492
202306 11.245 128.729 11.511
202309 11.009 129.860 11.171
202312 10.908 129.419 11.107
202403 10.617 131.776 10.617

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.


Dana  (NYSE:DAN) 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.


Dana Cyclically Adjusted PB Ratio Related Terms

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


Dana (DAN) Business Description

Traded in Other Exchanges
Address
3939 Technology Drive, Maumee, OH, USA, 43537
Dana Inc is engaged in the designing and manufacturing of efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company's portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. From axles, driveshafts, transmissions, sealing, and thermal products to electrifications products including motors, inverters, controllers, e-sealing, e-thermal and digital solutions The company operates in four reportable segments Light Vehicle Drive Systems, Commercial Vehicle Drive & Motion Systems, Off-Highway Drive & Motion Systems, and Power Technologies. The maximum revenue is derived from the Light Vehicle Drive Systems segment.
Executives
Jeroen Decleer officer: SVP & Pres Off-Highway Drive GEMENEWEIDEWEG-NOORD 18, BRUGGE C9 8310
Aziz Aghili officer: Pres Off-Hwy Technologies & AP 5706 KIRKRIDGE TRAIL, ROCHESTER HILLS MI 48306
James D Kellett officer: VP & Chief Accounting Officer 3946 WRENS NEST BLVD, MAUMEE OH 43537
James Kevin Kamsickas director, officer: President & CEO 44011 CYPRESS POINT DRIVE, NORTHVILLE MI 48168
Byron S Foster officer: Pres, Light Veh Drive Systems 30 ISABELLA ST., PITTSBURGH PA 15212
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Gaoxiang Hu director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Ernesto M Hernandez director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Timothy R Kraus officer: SVP & Chief Financial Officer 812, PILGRAM AVENUE, BIRMINGHAM MI 48009
Robert D Pyle officer: Pres, Light Vehicle Driveline 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Jonathan Mark Collins officer: SVP & Chief Financial Officer 50196 VENICE COURT, NORTHVILLE MI 48168
Ryan Laskey officer: SVP - Commercial Veh Drive 9332 CRISTAL MARIE CT, TEMPERANCE MI 48182
Antonio Valencia officer: Pres. Power Technologies Group 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Keith E Wandell director
Bridget E Karlin director 3 TALL TREE LANE, PLEASANTVILLE NY 10570