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Kuehne + Nagel International AG (Kuehne + Nagel International AG) Cyclically Adjusted Book per Share : $25.10 (As of Mar. 2024)


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What is Kuehne + Nagel International AG 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.

Kuehne + Nagel International AG's adjusted book value per share for the three months ended in Mar. 2024 was $33.329. 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 $25.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kuehne + Nagel International AG's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Kuehne + Nagel International AG was 6.00% per year. The lowest was 4.40% per year. And the median was 5.20% per year.

As of today (2024-05-19), Kuehne + Nagel International AG's current stock price is $272.11. Kuehne + Nagel International AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.10. Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio of today is 10.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuehne + Nagel International AG was 18.74. The lowest was 6.88. And the median was 11.44.


Kuehne + Nagel International AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuehne + Nagel International AG'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.

Kuehne + Nagel International AG Cyclically Adjusted Book per Share Chart

Kuehne + Nagel International AG 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 18.83 20.96 21.67 22.72 26.00

Kuehne + Nagel International AG 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 24.02 24.50 24.07 26.00 25.10

Competitive Comparison of Kuehne + Nagel International AG's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Kuehne + Nagel International 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.


Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio falls into.



Kuehne + Nagel International AG 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, Kuehne + Nagel International AG'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)
=33.329/107.3549*107.3549
=33.329

Current CPI (Mar. 2024) = 107.3549.

Kuehne + Nagel International AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.778 101.517 20.915
201409 20.428 101.247 21.660
201412 20.925 100.704 22.307
201503 20.497 100.339 21.930
201506 15.178 100.464 16.219
201509 16.534 99.785 17.788
201512 17.785 99.386 19.211
201603 19.238 99.475 20.762
201606 15.655 100.088 16.792
201609 17.087 99.604 18.417
201612 17.724 99.380 19.146
201703 19.127 100.040 20.526
201706 15.821 100.285 16.936
201709 17.911 100.254 19.180
201712 19.651 100.213 21.051
201803 21.711 100.836 23.115
201806 16.696 101.435 17.670
201809 18.156 101.246 19.252
201812 19.518 100.906 20.765
201903 20.627 101.571 21.802
201906 15.892 102.044 16.719
201909 17.435 101.396 18.460
201912 19.676 101.063 20.901
202003 20.232 101.048 21.495
202006 21.718 100.743 23.143
202009 20.373 100.585 21.744
202012 22.657 100.241 24.265
202103 25.623 100.800 27.289
202106 24.944 101.352 26.421
202109 25.289 101.533 26.739
202112 28.922 101.776 30.508
202203 34.278 103.205 35.656
202206 24.936 104.783 25.548
202209 33.094 104.835 33.890
202212 37.151 104.666 38.105
202303 39.473 106.245 39.885
202306 24.744 106.576 24.925
202309 29.529 106.570 29.747
202312 30.815 106.461 31.074
202403 33.329 107.355 33.329

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


Kuehne + Nagel International AG  (OTCPK:KHNGF) 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.

Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=272.11/25.1
=10.84

* 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 Kuehne + Nagel International AG was 18.74. The lowest was 6.88. And the median was 11.44.


Be Aware

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


Kuehne + Nagel International AG Cyclically Adjusted Book per Share Related Terms

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


Kuehne + Nagel International AG (Kuehne + Nagel International AG) Business Description

Address
Kuehne + Nagel house, P.O. Box 67, Schindellegi, CHE, CH-8834
Kuehne + Nagel is a global transportation and logistics company based in Switzerland and founded in 1890. KN is the largest sea freight forwarder globally, and holds the number-two spot in air freight. Sea freight has traditionally constituted the largest part of the business, contributing almost half of group revenue in 2022. The company's goal is to become a more balanced, fully integrated freight forwarder while continually improving its end-to-end offering to its clients.

Kuehne + Nagel International AG (Kuehne + Nagel International AG) Headlines