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Digital Garage (Digital Garage) Cyclically Adjusted PB Ratio : 2.71 (As of Jun. 03, 2024)


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What is Digital Garage Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Digital Garage's current share price is $20.19. Digital Garage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.44. Digital Garage's Cyclically Adjusted PB Ratio for today is 2.71.

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

DLGEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 5.35   Max: 9.17
Current: 1.98

During the past years, Digital Garage's highest Cyclically Adjusted PB Ratio was 9.17. The lowest was 1.98. And the median was 5.35.

DLGEF's Cyclically Adjusted PB Ratio is ranked better than
57.59% of 1384 companies
in the Software industry
Industry Median: 2.545 vs DLGEF: 1.98

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.

Digital Garage's adjusted book value per share data for the three months ended in Mar. 2024 was $12.574. 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 $7.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Garage Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digital Garage'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.

Digital Garage Cyclically Adjusted PB Ratio Chart

Digital Garage Annual Data
Trend Jun15 Jun16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 5.86 5.05 4.04 2.71

Digital Garage 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 4.04 3.44 2.98 3.09 2.71

Competitive Comparison of Digital Garage's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Digital Garage'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.


Digital Garage's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Digital Garage's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Digital Garage 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.

Digital Garage's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.19/7.44
=2.71

* 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.

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

For example, Digital Garage'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)
=12.574/107.2000*107.2000
=12.574

Current CPI (Mar. 2024) = 107.2000.

Digital Garage Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.379 98.000 6.978
201409 6.141 98.500 6.683
201412 6.338 97.900 6.940
201503 6.497 97.900 7.114
201506 4.975 98.400 5.420
201509 5.035 98.500 5.480
201512 5.070 98.100 5.540
201603 5.527 97.900 6.052
201606 6.164 98.100 6.736
201609 6.543 98.000 7.157
201612 6.223 98.400 6.780
201703 6.947 98.100 7.591
201706 6.617 98.500 7.201
201709 6.877 98.800 7.462
201712 7.217 99.400 7.783
201803 8.536 99.200 9.224
201806 7.732 99.200 8.356
201809 7.127 99.900 7.648
201812 7.065 99.700 7.596
201903 9.126 99.700 9.813
201906 10.054 99.800 10.799
201909 10.644 100.100 11.399
201912 10.812 100.500 11.533
202003 10.502 100.300 11.224
202006 10.468 99.900 11.233
202009 11.535 99.900 12.378
202012 12.224 99.300 13.197
202103 12.406 99.900 13.313
202106 12.605 99.500 13.580
202109 15.574 100.100 16.679
202112 15.912 100.100 17.041
202203 17.145 101.100 18.179
202206 16.094 101.800 16.948
202209 13.333 103.100 13.863
202212 13.049 104.100 13.438
202303 13.014 104.400 13.363
202306 12.695 105.200 12.936
202309 11.991 106.200 12.104
202312 12.127 106.800 12.172
202403 12.574 107.200 12.574

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.


Digital Garage  (OTCPK:DLGEF) 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.


Digital Garage Cyclically Adjusted PB Ratio Related Terms

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


Digital Garage (Digital Garage) Business Description

Industry
Traded in Other Exchanges
Address
Daikanyama DG Bldg., Tokyo, JPN
Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

Digital Garage (Digital Garage) Headlines