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DigitalBridge Group (DigitalBridge Group) Cyclically Adjusted PB Ratio : 0.30 (As of May. 22, 2024)


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What is DigitalBridge Group Cyclically Adjusted PB Ratio?

As of today (2024-05-22), DigitalBridge Group's current share price is $13.20. DigitalBridge Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $43.57. DigitalBridge Group's Cyclically Adjusted PB Ratio for today is 0.30.

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

DBRG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.34   Max: 0.61
Current: 0.31

During the past years, DigitalBridge Group's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.09. And the median was 0.34.

DBRG's Cyclically Adjusted PB Ratio is ranked better than
72.51% of 1324 companies
in the Real Estate industry
Industry Median: 0.7 vs DBRG: 0.31

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.

DigitalBridge Group's adjusted book value per share data for the three months ended in Mar. 2024 was $6.159. 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 $43.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DigitalBridge Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DigitalBridge Group'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.

DigitalBridge Group Cyclically Adjusted PB Ratio Chart

DigitalBridge Group 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 0.31 0.34 0.61 0.22 0.39

DigitalBridge Group 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 0.24 0.31 0.38 0.39 0.44

Competitive Comparison of DigitalBridge Group's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, DigitalBridge Group'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.


DigitalBridge Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DigitalBridge Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DigitalBridge Group 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.

DigitalBridge Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.20/43.57
=0.30

* 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.

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

For example, DigitalBridge Group'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)
=6.159/131.7762*131.7762
=6.159

Current CPI (Mar. 2024) = 131.7762.

DigitalBridge Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 61.733 100.560 80.897
201409 60.987 100.428 80.024
201412 60.149 99.070 80.006
201503 58.589 99.621 77.500
201506 69.736 100.684 91.271
201509 70.015 100.392 91.903
201512 69.294 99.792 91.503
201603 68.235 100.470 89.496
201606 68.035 101.688 88.166
201609 67.937 101.861 87.889
201612 3.903 101.863 5.049
201703 54.286 102.862 69.545
201706 54.106 103.349 68.988
201709 53.441 104.136 67.626
201712 50.068 104.011 63.433
201803 51.011 105.290 63.843
201806 50.580 106.317 62.692
201809 49.473 106.507 61.211
201812 46.261 105.998 57.512
201903 44.994 107.251 55.283
201906 40.629 108.070 49.542
201909 34.905 108.329 42.460
201912 34.577 108.420 42.026
202003 31.169 108.902 37.716
202006 14.439 108.767 17.493
202009 13.152 109.815 15.782
202012 12.409 109.897 14.880
202103 10.024 111.754 11.820
202106 9.008 114.631 10.355
202109 9.226 115.734 10.505
202112 9.084 117.630 10.176
202203 3.588 121.301 3.898
202206 4.747 125.017 5.004
202209 5.237 125.227 5.511
202212 5.380 125.222 5.662
202303 4.025 127.348 4.165
202306 3.981 128.729 4.075
202309 5.483 129.860 5.564
202312 6.221 129.419 6.334
202403 6.159 131.776 6.159

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.


DigitalBridge Group  (NYSE:DBRG) 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.


DigitalBridge Group Cyclically Adjusted PB Ratio Related Terms

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


DigitalBridge Group (DigitalBridge Group) Business Description

Address
750 Park of Commerce Drive, Suite 210, Boca Raton, FL, USA, 33487
DigitalBridge Group Inc is a developer of alternative asset manager dedicated to investing in digital infrastructure. The company's platform invests in and operates businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, to provide clients with funds for digital infrastructure real estate infrastructure.
Executives
James Keith Brown director C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Geoffrey Goldschein officer: CLO and Secretary C/O DIGITALBRIDGE GROUP, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Benjamin J. Jenkins officer: President & CIO C/O DIGITALBRIDGE GROUP, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Liam Stewart officer: Chief Operating Officer 125 W. 55TH STREET, NEW YORK NY 10019
Marc C Ganzi director, officer: CEO & President 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
David Tolley director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jacky Wu officer: CFO & Treasurer 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
Sonia Kim officer: Chief Accounting Officer 515 SOUTH FLOWER ST, 44TH FL, C/O COLONY CAPITAL, INC., LOS ANGELES CA 90071
Shaka Rasheed director DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Carter J Braxton Ii director C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Mark M. Hedstrom officer: Chief Operating Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Ronald M. Sanders officer: Chief Legal Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Jeannie Diefenderfer director C/O MRV COMMUNICATIONS, INC., 20415 NORDHOFF STREET, CHATSWORTH CA 91311
Craig M Hatkoff director ONE WEST 72ND STREET, NEWYORK NY 10023