GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dazzle Fashion Co Ltd (SHSE:603587) » Definitions » Cyclically Adjusted PB Ratio

Dazzle Fashion Co (SHSE:603587) Cyclically Adjusted PB Ratio : 2.36 (As of May. 27, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Dazzle Fashion Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Dazzle Fashion Co's current share price is ¥12.84. Dazzle Fashion Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ¥5.45. Dazzle Fashion Co's Cyclically Adjusted PB Ratio for today is 2.36.

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

SHSE:603587' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.29   Max: 4.37
Current: 2.35

During the past 12 years, Dazzle Fashion Co's highest Cyclically Adjusted PB Ratio was 4.37. The lowest was 2.19. And the median was 3.29.

SHSE:603587's Cyclically Adjusted PB Ratio is ranked worse than
75.07% of 698 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.055 vs SHSE:603587: 2.35

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.

Dazzle Fashion Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was ¥7.846. 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 ¥5.45 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dazzle Fashion Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dazzle Fashion Co'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.

Dazzle Fashion Co Cyclically Adjusted PB Ratio Chart

Dazzle Fashion Co 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 - - 4.28 3.13 2.41

Dazzle Fashion Co 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 - - - 2.41 -

Competitive Comparison of Dazzle Fashion Co's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Dazzle Fashion Co'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.


Dazzle Fashion Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dazzle Fashion Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dazzle Fashion Co's Cyclically Adjusted PB Ratio falls into.



Dazzle Fashion Co 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.

Dazzle Fashion Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.84/5.45
=2.36

* 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.

Dazzle Fashion Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dazzle Fashion Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.846/114.7809*114.7809
=7.846

Current CPI (Dec23) = 114.7809.

Dazzle Fashion Co Annual Data

Book Value per Share CPI Adj_Book
201412 1.498 99.000 1.737
201512 1.935 100.600 2.208
201612 2.087 102.600 2.335
201712 3.264 104.500 3.585
201812 6.414 106.500 6.913
201912 6.877 111.200 7.098
202012 7.147 111.500 7.357
202112 7.807 113.108 7.922
202212 7.501 115.116 7.479
202312 7.846 114.781 7.846

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.


Dazzle Fashion Co  (SHSE:603587) 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.


Dazzle Fashion Co Cyclically Adjusted PB Ratio Related Terms

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


Dazzle Fashion Co (SHSE:603587) Business Description

Traded in Other Exchanges
N/A
Address
Lane 579, Xianxia Road, No. 38, Room 103, Building 2, Room 103, Building 2, Shanghai, CHN, 200336
Dazzle Fashion Co Ltd designs and manufactures women's wear. The company owns approx 4 reowned women's wear brands.
Executives
Ma Rui Min Directors, senior managers
Tian Lin Directors, senior managers
Zhang Jun senior management

Dazzle Fashion Co (SHSE:603587) Headlines

No Headlines