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Dominion Lending Centres (TSX:DLCG) Cyclically Adjusted PS Ratio : 2.45 (As of Jun. 01, 2024)


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What is Dominion Lending Centres Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Dominion Lending Centres's current share price is C$3.78. Dominion Lending Centres's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$1.54. Dominion Lending Centres's Cyclically Adjusted PS Ratio for today is 2.45.

The historical rank and industry rank for Dominion Lending Centres's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:DLCG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.49   Max: 4.79
Current: 2.17

During the past years, Dominion Lending Centres's highest Cyclically Adjusted PS Ratio was 4.79. The lowest was 0.08. And the median was 1.49.

TSX:DLCG's Cyclically Adjusted PS Ratio is ranked better than
56.77% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs TSX:DLCG: 2.17

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Dominion Lending Centres's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.283. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$1.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dominion Lending Centres Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dominion Lending Centres's Cyclically Adjusted PS 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.

Dominion Lending Centres Cyclically Adjusted PS Ratio Chart

Dominion Lending Centres Annual Data
Trend Sep13 Sep14 Sep15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 3.43 3.35 2.37 1.87

Dominion Lending Centres Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 2.06 1.45 1.37 1.87 1.95

Competitive Comparison of Dominion Lending Centres's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Dominion Lending Centres's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Dominion Lending Centres's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dominion Lending Centres's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dominion Lending Centres's Cyclically Adjusted PS Ratio falls into.



Dominion Lending Centres Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Dominion Lending Centres's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.78/1.54
=2.45

* 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.

Dominion Lending Centres's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dominion Lending Centres's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.283/126.2576*126.2576
=0.283

Current CPI (Mar. 2024) = 126.2576.

Dominion Lending Centres Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.002 98.604 0.003
201406 0.002 99.473 0.003
201409 0.003 99.394 0.004
201412 0.002 98.367 0.003
201503 0.005 99.789 0.006
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.003 99.947 0.004
201603 0.002 101.054 0.002
201606 0.130 102.002 0.161
201609 0.293 101.765 0.364
201703 0.371 102.634 0.456
201706 0.519 103.029 0.636
201709 0.574 103.345 0.701
201712 0.733 103.345 0.896
201803 0.789 105.004 0.949
201806 0.934 105.557 1.117
201809 0.546 105.636 0.653
201812 0.540 105.399 0.647
201903 0.540 106.979 0.637
201906 0.618 107.690 0.725
201909 0.609 107.611 0.715
201912 -0.591 107.769 -0.692
202003 0.249 107.927 0.291
202006 0.299 108.401 0.348
202009 0.369 108.164 0.431
202012 0.459 108.559 0.534
202103 0.298 110.298 0.341
202106 0.444 111.720 0.502
202109 0.467 112.905 0.522
202112 0.458 113.774 0.508
202203 0.375 117.646 0.402
202206 0.459 120.806 0.480
202209 0.370 120.648 0.387
202212 0.288 120.964 0.301
202303 0.241 122.702 0.248
202306 0.325 124.203 0.330
202309 0.401 125.230 0.404
202312 0.327 125.072 0.330
202403 0.283 126.258 0.283

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Dominion Lending Centres  (TSX:DLCG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Dominion Lending Centres Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Dominion Lending Centres's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dominion Lending Centres (TSX:DLCG) Business Description

Traded in Other Exchanges
Address
2207 - 4th Street SW, Suite 400, Calgary, AB, CAN, T2S 1X1
Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment. The company generates revenue mainly from franchising and mortgage brokerage services.
Executives
Dennis Frank Sykora Director

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