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Domino's Pizza (WBO:DPZ) Cyclically Adjusted Book per Share : €-78.07 (As of Mar. 2024)


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What is Domino's Pizza 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.

Domino's Pizza's adjusted book value per share for the three months ended in Mar. 2024 was €-105.962. 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 €-78.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -19.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -15.70% 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 Domino's Pizza was -7.10% per year. The lowest was -21.10% per year. And the median was -15.00% per year.

As of today (2024-05-22), Domino's Pizza's current stock price is €472.90. Domino's Pizza's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €-78.07. Domino's Pizza's Cyclically Adjusted PB Ratio of today is .


Domino's Pizza Cyclically Adjusted Book per Share Historical Data

The historical data trend for Domino's Pizza'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.

Domino's Pizza Cyclically Adjusted Book per Share Chart

Domino's Pizza 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 -35.12 -37.21 -50.66 -66.04 -73.36

Domino's Pizza 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 -68.01 -69.70 -75.59 -73.36 -78.07

Competitive Comparison of Domino's Pizza's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Domino's Pizza'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.


Domino's Pizza's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Domino's Pizza's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Domino's Pizza 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, Domino's Pizza'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)
=-105.962/131.7762*131.7762
=-105.962

Current CPI (Mar. 2024) = 131.7762.

Domino's Pizza Quarterly Data

Book Value per Share CPI Adj_Book
201406 -17.221 100.560 -22.567
201409 -18.082 100.428 -23.726
201412 -17.803 99.070 -23.680
201503 -20.255 99.621 -26.793
201506 -20.211 100.684 -26.452
201509 -20.478 100.392 -26.880
201512 -33.160 99.792 -43.788
201603 -31.007 100.470 -40.669
201606 -35.256 101.688 -45.688
201609 -35.881 101.861 -46.419
201612 -37.115 101.863 -48.014
201703 -36.041 102.862 -46.172
201706 -33.261 103.349 -42.410
201709 -53.051 104.136 -67.132
201712 -53.881 104.011 -68.264
201803 -52.718 105.290 -65.980
201806 -59.881 106.317 -74.221
201809 -61.270 106.507 -75.807
201812 -65.209 105.998 -81.068
201903 -64.089 107.251 -78.745
201906 -62.336 108.070 -76.010
201909 -65.172 108.329 -79.278
201912 -78.959 108.420 -95.969
202003 -78.636 108.902 -95.153
202006 -74.090 108.767 -89.763
202009 -69.203 109.815 -83.043
202012 -69.798 109.897 -83.694
202103 -70.027 111.754 -82.573
202106 -93.252 114.631 -107.199
202109 -96.419 115.734 -109.784
202112 -103.088 117.630 -115.486
202203 -105.789 121.301 -114.925
202206 -110.156 125.017 -116.112
202209 -123.158 125.227 -129.600
202212 -111.646 125.222 -117.490
202303 -109.758 127.348 -113.575
202306 -109.698 128.729 -112.295
202309 -111.253 129.860 -112.895
202312 -107.484 129.419 -109.441
202403 -105.962 131.776 -105.962

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


Domino's Pizza  (WBO:DPZ) 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.


Be Aware

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


Domino's Pizza Cyclically Adjusted Book per Share Related Terms

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


Domino's Pizza (WBO:DPZ) Business Description

Industry
Traded in Other Exchanges
Address
30 Frank Lloyd Wright Drive, Ann Arbor, MI, USA, 48105
Domino's is a restaurant operator and franchiser with nearly 20,000 global stores across more than 90 international markets at the end of 2022. The firm generates revenue through the sales of pizza, wings, salads, sandwiches, and desserts at company-owned stores, royalty and marketing contributions from franchise-operated stores, and its network of 26 domestic (and five Canadian) dough manufacturing and supply chain facilities, which centralize purchasing, preparation, and last-mile delivery for the firm's U.S. and Canadian restaurants. With roughly $17.7 billion in 2022 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Little Caesars, and Papa John's.

Domino's Pizza (WBO:DPZ) Headlines

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