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CDI (FRA:CDD) Cyclically Adjusted Book per Share : €0.00 (As of Jun. 2017)


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What is CDI 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.

CDI's adjusted book value per share for the three months ended in Jun. 2017 was €8.368. 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 €0.00 for the trailing ten years ended in Jun. 2017.

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.

As of today (2024-06-06), CDI's current stock price is €6.76. CDI's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 was €0.00. CDI's Cyclically Adjusted PB Ratio of today is .


CDI Cyclically Adjusted Book per Share Historical Data

The historical data trend for CDI'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.

CDI Cyclically Adjusted Book per Share Chart

CDI Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Book per Share
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CDI Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of CDI's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, CDI'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.


CDI's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CDI's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CDI 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, CDI's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book= Book Value per Share /CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=8.368/103.3491*103.3491
=8.368

Current CPI (Jun. 2017) = 103.3491.

CDI Quarterly Data

Book Value per Share CPI Adj_Book
200709 11.670 87.964 13.711
200712 11.318 88.616 13.200
200803 10.748 90.090 12.330
200806 10.897 92.320 12.199
200809 11.558 92.307 12.941
200812 11.405 88.697 13.289
200903 11.614 89.744 13.375
200906 11.142 91.003 12.654
200909 9.034 91.120 10.246
200912 9.934 91.111 11.268
201003 10.510 91.821 11.830
201006 11.696 91.962 13.144
201009 10.969 92.162 12.301
201012 10.252 92.474 11.458
201103 9.691 94.283 10.623
201106 9.770 95.235 10.602
201109 10.173 95.727 10.983
201112 10.563 95.213 11.466
201203 10.634 96.783 11.355
201206 11.236 96.819 11.994
201209 11.199 97.633 11.855
201212 10.981 96.871 11.715
201303 11.118 98.209 11.700
201306 10.894 98.518 11.428
201309 10.913 98.790 11.417
201312 10.646 98.326 11.190
201403 10.468 99.695 10.852
201406 10.789 100.560 11.088
201409 11.359 100.428 11.689
201412 11.311 99.070 11.800
201503 12.574 99.621 13.045
201506 12.087 100.684 12.407
201509 10.944 100.392 11.266
201512 10.310 99.792 10.677
201603 10.070 100.470 10.359
201606 9.772 101.688 9.932
201609 9.132 101.861 9.265
201612 9.594 101.863 9.734
201703 9.155 102.862 9.198
201706 8.368 103.349 8.368

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


CDI  (FRA:CDD) 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.


CDI Cyclically Adjusted Book per Share Related Terms

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


CDI (FRA:CDD) Business Description

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CDI Corp. is a staffing firm that provides temporary and permanent workers mainly in the engineering, IT servicing, and construction markets. At the end of 2007 approximately 20% of the firm's revenue was derived from the U.K. construction market and had 1,400 worldwide employees with 11,000 temporary workers on assignment. Based in Philadelphia, Pa., CDI traces its roots back to 1950.

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