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DTCOM - Direct To Co (BSP:DTCY3) Cyclically Adjusted Book per Share : R$0.27 (As of Dec. 2023)


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What is DTCOM - Direct To Co 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.

DTCOM - Direct To Co's adjusted book value per share for the three months ended in Dec. 2023 was R$-0.359. 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 R$0.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, DTCOM - Direct To Co's average Cyclically Adjusted Book Growth Rate was -35.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.60% 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 DTCOM - Direct To Co was -20.60% per year. The lowest was -20.60% per year. And the median was -20.60% per year.

As of today (2024-05-17), DTCOM - Direct To Co's current stock price is R$5.40. DTCOM - Direct To Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$0.27. DTCOM - Direct To Co's Cyclically Adjusted PB Ratio of today is 20.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DTCOM - Direct To Co was 82.22. The lowest was 11.11. And the median was 15.10.


DTCOM - Direct To Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for DTCOM - Direct To Co'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.

DTCOM - Direct To Co Cyclically Adjusted Book per Share Chart

DTCOM - Direct To Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.54 0.56 0.42 0.27

DTCOM - Direct To Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.42 0.39 0.36 0.31 0.27

Competitive Comparison of DTCOM - Direct To Co's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, DTCOM - Direct To Co'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.


DTCOM - Direct To Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, DTCOM - Direct To Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DTCOM - Direct To Co's Cyclically Adjusted PB Ratio falls into.



DTCOM - Direct To Co 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, DTCOM - Direct To Co'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)
=-0.359/157.1481*157.1481
=-0.359

Current CPI (Dec. 2023) = 157.1481.

DTCOM - Direct To Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.592 88.522 1.051
201406 0.000 91.838 0.000
201409 0.000 92.602 0.000
201412 0.443 94.194 0.739
201503 0.000 97.799 0.000
201506 0.201 100.006 0.316
201509 0.097 101.392 0.150
201512 0.400 104.247 0.603
201603 0.366 106.979 0.538
201606 0.214 108.851 0.309
201609 0.053 109.986 0.076
201612 0.294 110.802 0.417
201703 0.337 111.869 0.473
201706 0.266 112.115 0.373
201709 -0.102 112.777 -0.142
201712 0.020 114.068 0.028
201803 -0.135 114.868 -0.185
201806 -0.186 117.038 -0.250
201809 -0.385 117.881 -0.513
201812 0.738 118.340 0.980
201903 0.482 120.124 0.631
201906 0.102 120.977 0.132
201909 -0.101 121.292 -0.131
201912 0.534 123.436 0.680
202003 0.693 124.092 0.878
202006 0.910 123.557 1.157
202009 0.772 125.095 0.970
202012 0.648 129.012 0.789
202103 0.420 131.660 0.501
202106 0.228 133.871 0.268
202109 0.140 137.913 0.160
202112 0.021 141.992 0.023
202203 -0.087 146.537 -0.093
202206 -0.205 149.784 -0.215
202209 -0.210 147.800 -0.223
202212 -0.004 150.207 -0.004
202303 -0.050 153.352 -0.051
202306 -0.033 154.519 -0.034
202309 -0.149 155.464 -0.151
202312 -0.359 157.148 -0.359

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


DTCOM - Direct To Co  (BSP:DTCY3) 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.

DTCOM - Direct To Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.40/0.27
=20.00

* 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 DTCOM - Direct To Co was 82.22. The lowest was 11.11. And the median was 15.10.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


DTCOM - Direct To Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of DTCOM - Direct To Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


DTCOM - Direct To Co (BSP:DTCY3) Business Description

Traded in Other Exchanges
N/A
Address
Av Dom Pedro Ii, 1720, Quatro Barras, PR, BRA, 83420000
DTCOM - Direct To Co SA provides distance learning solutions, corporate communication & satellite telecommunications services. Its offerings include video portals, educational TV channels, & teleconference &videoconference services among others. It produces content for distance education; and provides courseware acquis made by educational experts for educational, interactive, and functional needs. The company also operates WayCO platform, a platform focused on managing the production of content. In addition, it offers corporate solutions for self-development of careers; and develops customized projects for continuing education courses in the online format, as well as executive business administration courses.

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