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Dollar Tree (BSP:DLTR34) Cyclically Adjusted PB Ratio : 4.28 (As of May. 15, 2024)


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What is Dollar Tree Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Dollar Tree's current share price is R$332.31. Dollar Tree's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was R$77.70. Dollar Tree's Cyclically Adjusted PB Ratio for today is 4.28.

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

BSP:DLTR34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.62   Med: 7.41   Max: 15.07
Current: 3.89

During the past years, Dollar Tree's highest Cyclically Adjusted PB Ratio was 15.07. The lowest was 3.62. And the median was 7.41.

BSP:DLTR34's Cyclically Adjusted PB Ratio is ranked worse than
79.82% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.61 vs BSP:DLTR34: 3.89

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.

Dollar Tree's adjusted book value per share data for the three months ended in Jan. 2024 was R$82.529. 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$77.70 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dollar Tree Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dollar Tree'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.

Dollar Tree Cyclically Adjusted PB Ratio Chart

Dollar Tree Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 5.50 5.85 5.60 4.28

Dollar Tree Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.60 5.50 5.34 3.71 4.28

Competitive Comparison of Dollar Tree's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Dollar Tree'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.


Dollar Tree's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollar Tree's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dollar Tree 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.

Dollar Tree's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=332.31/77.7
=4.28

* 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.

Dollar Tree's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Dollar Tree's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=82.529/129.4194*129.4194
=82.529

Current CPI (Jan. 2024) = 129.4194.

Dollar Tree Quarterly Data

Book Value per Share CPI Adj_Book
201404 7.113 100.023 9.203
201407 7.833 100.520 10.085
201410 9.438 100.176 12.193
201501 11.432 98.604 15.005
201504 13.800 99.824 17.891
201507 27.838 100.691 35.781
201510 34.182 100.346 44.085
201601 38.032 99.957 49.242
201604 35.313 100.947 45.273
201607 33.775 101.524 43.055
201610 34.066 101.988 43.229
201701 36.405 102.456 45.986
201704 37.192 103.167 46.656
201707 39.589 103.278 49.610
201710 41.176 104.070 51.206
201801 48.596 104.578 60.140
201804 52.723 105.708 64.549
201807 61.432 106.324 74.776
201810 62.762 106.695 76.129
201901 44.270 106.200 53.949
201904 47.208 107.818 56.666
201907 46.798 108.250 55.950
201910 52.789 108.577 62.922
202001 54.842 108.841 65.211
202004 73.083 108.173 87.437
202007 75.709 109.318 89.631
202010 83.245 109.861 98.065
202101 83.773 110.364 98.237
202104 89.022 112.673 102.253
202107 80.454 115.183 90.398
202110 89.252 116.696 98.983
202201 94.810 118.619 103.442
202204 86.887 121.978 92.187
202207 100.657 125.002 104.214
202210 98.243 125.734 101.122
202301 102.701 126.223 105.302
202304 101.269 127.992 102.398
202307 98.567 128.974 98.907
202310 104.412 129.810 104.098
202401 82.529 129.419 82.529

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.


Dollar Tree  (BSP:DLTR34) 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.


Dollar Tree Cyclically Adjusted PB Ratio Related Terms

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


Dollar Tree (BSP:DLTR34) Business Description

Traded in Other Exchanges
Address
500 Volvo Parkway, Chesapeake, VA, USA, 23320
Dollar Tree operates discount stores across the United States and Canada, with over 8,200 shops under its namesake banner and 8,350 under Family Dollar. About 45% of Dollar Tree's sales in fiscal 2022 were composed of consumables (including food, health and beauty, and cleaning products), nearly 50% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (nearly 80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

Dollar Tree (BSP:DLTR34) Headlines

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