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Global Dividend Growth Split (TSX:GDV) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Global Dividend Growth Split Cyclically Adjusted PB Ratio?

Global Dividend Growth Split does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Dividend Growth Split Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global Dividend Growth Split'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.

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Global Dividend Growth Split Cyclically Adjusted PB Ratio Chart

Global Dividend Growth Split Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Global Dividend Growth Split Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Global Dividend Growth Split's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Global Dividend Growth Split'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.


Global Dividend Growth Split's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Global Dividend Growth Split's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Global Dividend Growth Split's Cyclically Adjusted PB Ratio falls into.



Global Dividend Growth Split 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.

Global Dividend Growth Split does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Global Dividend Growth Split  (TSX:GDV) 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.


Global Dividend Growth Split Cyclically Adjusted PB Ratio Related Terms

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Global Dividend Growth Split (TSX:GDV) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Global Dividend Growth Split Corp is a closed-end investment fund. It invests in a diversified portfolio of equity securities of large-capitalization global dividend growth companies. Its objectives are to provide holders with monthly non-cumulative cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the portfolio.