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Delek Logistics Partners LP (Delek Logistics Partners LP) Cyclically Adjusted Book per Share : $-2.76 (As of Mar. 2024)


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What is Delek Logistics Partners LP 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.

Delek Logistics Partners LP's adjusted book value per share for the three months ended in Mar. 2024 was $-0.900. 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 $-2.76 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -49.20% 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 Delek Logistics Partners LP was -49.20% per year. The lowest was -49.20% per year. And the median was -49.20% per year.

As of today (2024-05-31), Delek Logistics Partners LP's current stock price is $39.50. Delek Logistics Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-2.76. Delek Logistics Partners LP's Cyclically Adjusted PB Ratio of today is .


Delek Logistics Partners LP Cyclically Adjusted Book per Share Historical Data

The historical data trend for Delek Logistics Partners LP'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.

Delek Logistics Partners LP Cyclically Adjusted Book per Share Chart

Delek Logistics Partners LP 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 - -0.81 -1.19 -1.81 -2.69

Delek Logistics Partners LP 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 -2.05 -2.31 -2.49 -2.69 -2.76

Competitive Comparison of Delek Logistics Partners LP's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP'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.


Delek Logistics Partners LP's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delek Logistics Partners LP's Cyclically Adjusted PB Ratio falls into.



Delek Logistics Partners LP 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, Delek Logistics Partners LP'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)
=-0.9/131.7762*131.7762
=-0.900

Current CPI (Mar. 2024) = 131.7762.

Delek Logistics Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.328 100.560 0.430
201409 0.466 100.428 0.611
201412 1.643 99.070 2.185
201503 -0.851 99.621 -1.126
201506 -0.652 100.684 -0.853
201509 -0.481 100.392 -0.631
201512 -0.454 99.792 -0.600
201603 -0.452 100.470 -0.593
201606 -0.381 101.688 -0.494
201609 -0.577 101.861 -0.746
201612 -0.546 101.863 -0.706
201703 -0.780 102.862 -0.999
201706 -0.865 103.349 -1.103
201709 -1.057 104.136 -1.338
201712 -1.199 104.011 -1.519
201803 -5.358 105.290 -6.706
201806 -5.286 106.317 -6.552
201809 -5.346 106.507 -6.614
201812 -5.525 105.998 -6.869
201903 -5.814 107.251 -7.144
201906 -5.910 108.070 -7.206
201909 -5.836 108.329 -7.099
201912 -6.187 108.420 -7.520
202003 -1.509 108.902 -1.826
202006 -2.661 108.767 -3.224
202009 -2.566 109.815 -3.079
202012 -2.493 109.897 -2.989
202103 -2.564 111.754 -3.023
202106 -2.482 114.631 -2.853
202109 -2.410 115.734 -2.744
202112 -2.392 117.630 -2.680
202203 -2.450 121.301 -2.662
202206 -2.678 125.017 -2.823
202209 -2.627 125.227 -2.764
202212 -2.541 125.222 -2.674
202303 -2.695 127.348 -2.789
202306 -2.971 128.729 -3.041
202309 -3.192 129.860 -3.239
202312 -3.712 129.419 -3.780
202403 -0.900 131.776 -0.900

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


Delek Logistics Partners LP  (NYSE:DKL) 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.


Be Aware

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


Delek Logistics Partners LP Cyclically Adjusted Book per Share Related Terms

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


Delek Logistics Partners LP (Delek Logistics Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes Pipelines and Transportation; Pipelines and Transportation and Investments in Pipeline Joint Ventures. It generates maximum revenue from the Pipelines and Transportation segment. The pipelines and Transportation segment consist of pipelines, tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil gathering and crude oil, intermediate and refined products transportation and storage services in support of Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Big Spring, Texas.
Executives
Reuven Spiegel director 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Odely Sakazi officer: Senior Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Avigal Soreq officer: Executive Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Ezra Uzi Yemin director, officer: Chairman / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Brown Charles J Iii director 524 ROOKWOOD PLACE, CHARLOTTESVILLE VA 22903
Todd O'malley officer: EVP Chief Operating Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Delek Us Holdings, Inc. director, 10 percent owner 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Francis C. D'andrea director 70 NORTH WINDSAIL PLACE, THE WOODLANDS TX 77381
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Sherri Anne Brillon director 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Delek Logistics Services Co director, 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027