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Dottikon ES Holding AG (XSWX:DESN) Cyclically Adjusted PB Ratio : 6.46 (As of Jun. 04, 2024)


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What is Dottikon ES Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Dottikon ES Holding AG's current share price is CHF260.00. Dottikon ES Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was CHF40.27. Dottikon ES Holding AG's Cyclically Adjusted PB Ratio for today is 6.46.

The historical rank and industry rank for Dottikon ES Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XSWX:DESN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 3.21   Max: 12.17
Current: 6.51

During the past 13 years, Dottikon ES Holding AG's highest Cyclically Adjusted PB Ratio was 12.17. The lowest was 0.80. And the median was 3.21.

XSWX:DESN's Cyclically Adjusted PB Ratio is ranked worse than
89.68% of 1173 companies
in the Chemicals industry
Industry Median: 1.7 vs XSWX:DESN: 6.51

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.

Dottikon ES Holding AG's adjusted book value per share data of for the fiscal year that ended in Mar24 was CHF64.111. 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 CHF40.27 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dottikon ES Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dottikon ES Holding AG'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.

Dottikon ES Holding AG Cyclically Adjusted PB Ratio Chart

Dottikon ES Holding AG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 6.44 8.00 7.23 5.91

Dottikon ES Holding AG Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 8.00 - 7.23 - 5.91

Competitive Comparison of Dottikon ES Holding AG's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Dottikon ES Holding AG'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.


Dottikon ES Holding AG's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dottikon ES Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dottikon ES Holding AG's Cyclically Adjusted PB Ratio falls into.



Dottikon ES Holding AG 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.

Dottikon ES Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=260.00/40.27
=6.46

* 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.

Dottikon ES Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Dottikon ES Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=64.111/107.3549*107.3549
=64.111

Current CPI (Mar24) = 107.3549.

Dottikon ES Holding AG Annual Data

Book Value per Share CPI Adj_Book
201503 23.018 100.339 24.628
201603 23.378 99.475 25.230
201703 24.455 100.040 26.243
201803 28.116 100.836 29.934
201903 29.446 101.571 31.123
202003 32.097 101.048 34.100
202103 52.028 100.800 55.411
202203 51.073 103.205 53.127
202303 58.136 106.245 58.743
202403 64.111 107.355 64.111

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.


Dottikon ES Holding AG  (XSWX:DESN) 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.


Dottikon ES Holding AG Cyclically Adjusted PB Ratio Related Terms

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Dottikon ES Holding AG (XSWX:DESN) Business Description

Traded in Other Exchanges
Address
Hembrunnstrasse 17, Dottikon, CHE, 5605
Dottikon ES Holding AG manufactures high quality performance chemicals, intermediates, and exclusive active pharmaceutical ingredients for the chemical and pharmaceutical industry.

Dottikon ES Holding AG (XSWX:DESN) Headlines

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