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dorma+kaba Holding AG (XSWX:DOKA) Cyclically Adjusted PB Ratio : 7.51 (As of May. 16, 2024)


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What is dorma+kaba Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-16), dorma+kaba Holding AG's current share price is CHF496.50. dorma+kaba Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was CHF66.10. dorma+kaba Holding AG's Cyclically Adjusted PB Ratio for today is 7.51.

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

XSWX:DOKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.11   Med: 6.78   Max: 10.24
Current: 7.38

During the past 13 years, dorma+kaba Holding AG's highest Cyclically Adjusted PB Ratio was 10.24. The lowest was 4.11. And the median was 6.78.

XSWX:DOKA's Cyclically Adjusted PB Ratio is ranked worse than
91.34% of 658 companies
in the Business Services industry
Industry Median: 1.56 vs XSWX:DOKA: 7.38

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.

dorma+kaba Holding AG's adjusted book value per share data of for the fiscal year that ended in Jun23 was CHF59.884. 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 CHF66.10 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


dorma+kaba Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for dorma+kaba 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.

dorma+kaba Holding AG Cyclically Adjusted PB Ratio Chart

dorma+kaba Holding AG Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.51 5.97 7.86 5.56 6.08

dorma+kaba Holding AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 7.86 - 5.56 - 6.08

Competitive Comparison of dorma+kaba Holding AG's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, dorma+kaba 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.


dorma+kaba Holding AG's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, dorma+kaba Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where dorma+kaba Holding AG's Cyclically Adjusted PB Ratio falls into.



dorma+kaba 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.

dorma+kaba Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=496.50/66.1
=7.51

* 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.

dorma+kaba Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, dorma+kaba Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=59.884/106.5755*106.5755
=59.884

Current CPI (Jun23) = 106.5755.

dorma+kaba Holding AG Annual Data

Book Value per Share CPI Adj_Book
201406 84.884 101.517 89.114
201506 105.013 100.464 111.402
201606 105.656 100.088 112.505
201706 41.555 100.285 44.162
201806 41.459 101.435 43.560
201906 47.427 102.044 49.533
202006 33.219 100.743 35.142
202106 49.775 101.352 52.340
202206 62.297 104.783 63.363
202306 59.884 106.576 59.884

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.


dorma+kaba Holding AG  (XSWX:DOKA) 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.


dorma+kaba Holding AG Cyclically Adjusted PB Ratio Related Terms

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dorma+kaba Holding AG (XSWX:DOKA) Business Description

Traded in Other Exchanges
Address
Hofwisenstrasse 24, Rumlang, CHE, 8153
dorma+kaba Holding AG is the result of the merger of Dorma and Kaba. The combined company forms a group that offers security hardware and systems to protect buildings and rooms. The products include door closers, architectural hardware, space and rescue doors, automatic doors and operators, physical access systems, electronic access control, workforce management, installation services, master key systems, cylinder locks, digital and electronic locks, lodging systems, safe locks, interior glass products, and movable walls. The company earns the majority of revenue from DACH segment involving Germany, Austria, and Switzerland.

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