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Dacome International (ROCO:9960) Cyclically Adjusted PB Ratio : 1.59 (As of Jun. 10, 2024)


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What is Dacome International Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Dacome International's current share price is NT$27.45. Dacome International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$17.31. Dacome International's Cyclically Adjusted PB Ratio for today is 1.59.

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

ROCO:9960' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 1.79   Max: 2.36
Current: 1.59

During the past years, Dacome International's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 1.50. And the median was 1.79.

ROCO:9960's Cyclically Adjusted PB Ratio is ranked worse than
60.37% of 767 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs ROCO:9960: 1.59

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.

Dacome International's adjusted book value per share data for the three months ended in Mar. 2024 was NT$19.928. 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 NT$17.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dacome International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dacome International'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.

Dacome International Cyclically Adjusted PB Ratio Chart

Dacome International 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 2.48 2.36 1.80 1.63 1.62

Dacome International 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 1.85 1.78 1.55 1.62 1.56

Competitive Comparison of Dacome International's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Dacome International'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.


Dacome International's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dacome International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dacome International 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.

Dacome International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.45/17.31
=1.59

* 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.

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

For example, Dacome International'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)
=19.928/131.7762*131.7762
=19.928

Current CPI (Mar. 2024) = 131.7762.

Dacome International Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.357 100.560 17.503
201409 13.573 100.428 17.810
201412 14.159 99.070 18.833
201503 14.302 99.621 18.918
201506 13.558 100.684 17.745
201509 13.592 100.392 17.841
201512 13.535 99.792 17.873
201603 13.375 100.470 17.543
201606 12.861 101.688 16.666
201609 12.782 101.861 16.536
201612 13.097 101.863 16.943
201703 12.776 102.862 16.367
201706 12.652 103.349 16.132
201709 12.636 104.136 15.990
201712 12.636 104.011 16.009
201803 12.776 105.290 15.990
201806 13.180 106.317 16.336
201809 13.161 106.507 16.284
201812 13.186 105.998 16.393
201903 13.643 107.251 16.763
201906 13.404 108.070 16.344
201909 13.530 108.329 16.458
201912 13.856 108.420 16.841
202003 13.671 108.902 16.543
202006 13.426 108.767 16.266
202009 13.793 109.815 16.551
202012 14.348 109.897 17.205
202103 15.210 111.754 17.935
202106 15.330 114.631 17.623
202109 15.011 115.734 17.092
202112 15.801 117.630 17.701
202203 16.518 121.301 17.944
202206 15.499 125.017 16.337
202209 17.141 125.227 18.038
202212 17.949 125.222 18.888
202303 18.636 127.348 19.284
202306 16.929 128.729 17.330
202309 18.168 129.860 18.436
202312 18.800 129.419 19.142
202403 19.928 131.776 19.928

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.


Dacome International  (ROCO:9960) 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.


Dacome International Cyclically Adjusted PB Ratio Related Terms

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


Dacome International (ROCO:9960) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor-1, 29 Hai-Pien Road, Lingya District, Kaohsiung, TWN
Dacome International Ltd is a multi-channel retailer of golf equipment. The main business is the purchase and sale of golf equipment, sports accessories and agency services through electronic websites or directly operated stores.

Dacome International (ROCO:9960) Headlines

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