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DuPont de Nemours (BSP:DDNB34) Cyclically Adjusted Book per Share : R$400.38 (As of Mar. 2024)


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What is DuPont de Nemours Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

DuPont de Nemours's adjusted book value per share for the three months ended in Mar. 2024 was R$280.916. 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 R$400.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DuPont de Nemours's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of DuPont de Nemours was 8.40% per year. The lowest was -1.00% per year. And the median was 3.10% per year.

As of today (2024-05-23), DuPont de Nemours's current stock price is R$405.90. DuPont de Nemours's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$400.38. DuPont de Nemours's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DuPont de Nemours was 1.83. The lowest was 0.45. And the median was 1.12.


DuPont de Nemours Cyclically Adjusted Book per Share Historical Data

The historical data trend for DuPont de Nemours's Cyclically Adjusted Book per Share 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.

DuPont de Nemours Cyclically Adjusted Book per Share Chart

DuPont de Nemours Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 285.26 362.02 420.45 429.11 394.11

DuPont de Nemours Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 418.32 379.33 402.65 394.11 400.38

Competitive Comparison of DuPont de Nemours's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, DuPont de Nemours'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.


DuPont de Nemours's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DuPont de Nemours's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DuPont de Nemours's Cyclically Adjusted PB Ratio falls into.



DuPont de Nemours Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, DuPont de Nemours's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=280.916/131.7762*131.7762
=280.916

Current CPI (Mar. 2024) = 131.7762.

DuPont de Nemours Quarterly Data

Book Value per Share CPI Adj_Book
201406 127.818 100.560 167.497
201409 129.323 100.428 169.691
201412 126.137 99.070 167.779
201503 149.078 99.621 197.197
201506 158.086 100.684 206.905
201509 205.497 100.392 269.740
201512 222.791 99.792 294.196
201603 213.407 100.470 279.903
201606 227.273 101.688 294.520
201609 217.885 101.861 281.875
201612 215.898 101.863 279.300
201703 207.817 102.862 266.233
201706 229.659 103.349 292.829
201709 413.541 104.136 523.307
201712 426.137 104.011 539.892
201803 429.251 105.290 537.234
201806 481.836 106.317 597.220
201809 527.047 106.507 652.093
201812 484.148 105.998 601.891
201903 474.177 107.251 582.610
201906 216.689 108.070 264.223
201909 229.327 108.329 278.963
201912 227.781 108.420 276.850
202003 263.363 108.902 318.682
202006 261.640 108.767 316.988
202009 276.378 109.815 331.649
202012 269.804 109.897 323.519
202103 287.934 111.754 339.520
202106 257.605 114.631 296.134
202109 271.366 115.734 308.980
202112 292.063 117.630 327.188
202203 256.155 121.301 278.276
202206 257.254 125.017 271.163
202209 262.941 125.227 276.694
202212 304.208 125.222 320.131
202303 303.393 127.348 313.943
202306 276.222 128.729 282.761
202309 277.846 129.860 281.947
202312 276.586 129.419 281.623
202403 280.916 131.776 280.916

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


DuPont de Nemours  (BSP:DDNB34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

DuPont de Nemours's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=405.90/400.38
=1.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DuPont de Nemours was 1.83. The lowest was 0.45. And the median was 1.12.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


DuPont de Nemours Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of DuPont de Nemours's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


DuPont de Nemours (BSP:DDNB34) Business Description

Industry
Traded in Other Exchanges
Address
974 Centre Road, Building 730, Wilmington, DE, USA, 19805
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.

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