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DBG Technology Co (SZSE:300735) Cyclically Adjusted PB Ratio : 5.65 (As of May. 26, 2024)


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What is DBG Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), DBG Technology Co's current share price is ¥20.57. DBG Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ¥3.64. DBG Technology Co's Cyclically Adjusted PB Ratio for today is 5.65.

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

SZSE:300735' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 4.32   Max: 8.51
Current: 5.66

During the past 11 years, DBG Technology Co's highest Cyclically Adjusted PB Ratio was 8.51. The lowest was 2.77. And the median was 4.32.

SZSE:300735's Cyclically Adjusted PB Ratio is ranked worse than
90.43% of 1871 companies
in the Hardware industry
Industry Median: 1.66 vs SZSE:300735: 5.66

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.

DBG Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was ¥6.316. 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 ¥3.64 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


DBG Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DBG Technology 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.

DBG Technology Co Cyclically Adjusted PB Ratio Chart

DBG Technology 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 - - - 2.65 6.48

DBG Technology 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 - - - 6.48 -

Competitive Comparison of DBG Technology Co's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, DBG Technology 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.


DBG Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DBG Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DBG Technology 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.

DBG Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.57/3.64
=5.65

* 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.

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

For example, DBG Technology 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)
=6.316/114.7809*114.7809
=6.316

Current CPI (Dec23) = 114.7809.

DBG Technology Co Annual Data

Book Value per Share CPI Adj_Book
201412 0.969 99.000 1.123
201512 0.853 100.600 0.973
201612 1.263 102.600 1.413
201712 2.491 104.500 2.736
201812 2.809 106.500 3.027
201912 3.311 111.200 3.418
202012 5.451 111.500 5.611
202112 5.721 113.108 5.806
202212 5.947 115.116 5.930
202312 6.316 114.781 6.316

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.


DBG Technology Co  (SZSE:300735) 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.


DBG Technology Co Cyclically Adjusted PB Ratio Related Terms

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


DBG Technology Co (SZSE:300735) Business Description

Traded in Other Exchanges
N/A
Address
No.5, Yongda Road, Xiang Shui River Industrial Area, Daya Bay, Huizhou, Guangdong, CHN, 516803
DBG Technology Co Ltd is a China-based company engages in the manufacture of mobile electronic parts. The company manufacture, assemble, test, and fulfill contract electronic manufacturing needs, including tablet computers, smartphones, network gateways, automotive OBDs and electronics, optical fiber network terminals, advanced LED lighting modules, Bluetooth-enabled devices, notebook computers, all-in-one computers, GPS trackers, TV set-top boxes, and remote trainers for dogs.
Executives
Li Zheng Da Executives
Wang Jun Fa Executives
Zhu Jian Jun Executives
Su Zhi Biao Directors, executives
Tang Jian Xing Directors, executives
Xiao Yu Cai Executives
Yang Rong Secretary Dong
Xiao Miao Wen Director
Zhang Ping Supervisors

DBG Technology Co (SZSE:300735) Headlines

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