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D&L Industries (PHS:DNL) Cyclically Adjusted PB Ratio : 2.33 (As of Jun. 10, 2024)


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What is D&L Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-10), D&L Industries's current share price is ₱6.25. D&L Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱2.68. D&L Industries's Cyclically Adjusted PB Ratio for today is 2.33.

The historical rank and industry rank for D&L Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:DNL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.27   Med: 3.17   Max: 4.33
Current: 2.33

During the past years, D&L Industries's highest Cyclically Adjusted PB Ratio was 4.33. The lowest was 2.27. And the median was 3.17.

PHS:DNL's Cyclically Adjusted PB Ratio is ranked worse than
63.14% of 1202 companies
in the Chemicals industry
Industry Median: 1.66 vs PHS:DNL: 2.33

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.

D&L Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₱3.008. 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 ₱2.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


D&L Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for D&L Industries'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.

D&L Industries Cyclically Adjusted PB Ratio Chart

D&L Industries 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 - - 4.34 3.31 2.42

D&L Industries 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 3.33 2.89 2.49 2.42 2.31

Competitive Comparison of D&L Industries's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, D&L Industries'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.


D&L Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, D&L Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where D&L Industries's Cyclically Adjusted PB Ratio falls into.



D&L Industries 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.

D&L Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.25/2.68
=2.33

* 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.

D&L Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, D&L Industries'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)
=3.008/131.7762*131.7762
=3.008

Current CPI (Mar. 2024) = 131.7762.

D&L Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.253 100.560 1.642
201409 1.323 100.428 1.736
201412 1.533 99.070 2.039
201503 1.610 99.621 2.130
201506 1.605 100.684 2.101
201509 1.708 100.392 2.242
201512 1.782 99.792 2.353
201603 1.866 100.470 2.447
201606 1.765 101.688 2.287
201609 1.859 101.861 2.405
201612 1.953 101.863 2.527
201703 2.052 102.862 2.629
201706 2.149 103.349 2.740
201709 2.021 104.136 2.557
201712 2.126 104.011 2.694
201803 2.230 105.290 2.791
201806 2.097 106.317 2.599
201809 2.219 106.507 2.745
201812 2.319 105.998 2.883
201903 2.424 107.251 2.978
201906 2.231 108.070 2.720
201909 2.317 108.329 2.818
201912 2.396 108.420 2.912
202003 2.468 108.902 2.986
202006 2.508 108.767 3.039
202009 2.405 109.815 2.886
202012 2.487 109.897 2.982
202103 2.585 111.754 3.048
202106 2.492 114.631 2.865
202109 2.599 115.734 2.959
202112 2.675 117.630 2.997
202203 2.784 121.301 3.024
202206 2.663 125.017 2.807
202209 2.790 125.227 2.936
202212 2.891 125.222 3.042
202303 2.974 127.348 3.077
202306 2.765 128.729 2.830
202309 2.842 129.860 2.884
202312 2.921 129.419 2.974
202403 3.008 131.776 3.008

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.


D&L Industries  (PHS:DNL) 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.


D&L Industries Cyclically Adjusted PB Ratio Related Terms

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


D&L Industries (PHS:DNL) Business Description

Traded in Other Exchanges
Address
No. 65 Industria Street, Bagumbayan, Quezon, PHL, 1110
D&L Industries Inc is engaged in custom and specialized products for the food and plastic industries. The company's business segments consist of Food Ingredients; Colorants and plastic additives; Oleochemicals, resin and powder coatings; Aerosols, and Management and administrative. It generates maximum revenue from the Food ingredients segment. Food Ingredients segment which supplies fats, oils, and other food ingredients to food manufacturers and restaurant chains.

D&L Industries (PHS:DNL) Headlines

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