GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DFDS A/S (OCSE:DFDS) » Definitions » Cyclically Adjusted Book per Share

DFDS A/S (OCSE:DFDS) Cyclically Adjusted Book per Share : kr177.48 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is DFDS A/S 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.

DFDS A/S's adjusted book value per share for the three months ended in Mar. 2024 was kr242.976. 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 kr177.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DFDS A/S's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 DFDS A/S was 12.20% per year. The lowest was 6.80% per year. And the median was 9.55% per year.

As of today (2024-05-26), DFDS A/S's current stock price is kr210.60. DFDS A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr177.48. DFDS A/S's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DFDS A/S was 4.15. The lowest was 1.14. And the median was 2.27.


DFDS A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for DFDS A/S'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.

DFDS A/S Cyclically Adjusted Book per Share Chart

DFDS A/S 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 114.49 121.38 134.67 157.42 171.57

DFDS A/S 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 162.30 164.30 169.33 171.57 177.48

Competitive Comparison of DFDS A/S's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, DFDS A/S'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.


DFDS A/S's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DFDS A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DFDS A/S's Cyclically Adjusted PB Ratio falls into.



DFDS A/S 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, DFDS A/S'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)
=242.976/118.4000*118.4000
=242.976

Current CPI (Mar. 2024) = 118.4000.

DFDS A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 90.677 99.700 107.685
201409 103.821 99.700 123.294
201412 100.064 99.400 119.191
201503 96.958 100.200 114.569
201506 100.564 100.300 118.712
201509 107.578 100.200 127.118
201512 109.231 99.800 129.589
201603 101.272 100.200 119.667
201606 104.777 100.600 123.316
201609 108.188 100.200 127.839
201612 116.319 100.300 137.310
201703 105.468 101.200 123.393
201706 112.875 101.200 132.059
201709 116.779 101.800 135.822
201712 120.118 101.300 140.395
201803 116.204 101.700 135.286
201806 139.799 102.300 161.801
201809 151.308 102.400 174.950
201812 160.491 102.100 186.113
201903 152.860 102.900 175.886
201906 162.676 102.900 187.180
201909 175.988 102.900 202.497
201912 179.618 102.900 206.674
202003 179.801 103.300 206.084
202006 179.949 103.200 206.453
202009 182.378 103.500 208.633
202012 183.196 103.400 209.772
202103 187.796 104.300 213.184
202106 190.463 105.000 214.770
202109 193.617 105.800 216.675
202112 199.549 106.600 221.638
202203 197.870 109.900 213.174
202206 210.200 113.600 219.082
202209 220.346 116.400 224.132
202212 227.459 115.900 232.365
202303 224.213 117.300 226.316
202306 233.665 116.400 237.680
202309 244.435 117.400 246.517
202312 245.963 116.700 249.546
202403 242.976 118.400 242.976

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


DFDS A/S  (OCSE:DFDS) 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.

DFDS A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=210.60/177.48
=1.19

* 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 DFDS A/S was 4.15. The lowest was 1.14. And the median was 2.27.


Be Aware

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


DFDS A/S Cyclically Adjusted Book per Share Related Terms

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


DFDS A/S (OCSE:DFDS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DFDS A/S (OCSE:DFDS) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Marmorvej 18, Copenhagen, DNK, DK-2100
DFDS A/S is a transportation and logistics company domiciled in Denmark. The two main divisions are the ferry division and the logistics division. The ferry division operates ferry routes around Europe transporting freight, passenger, and passenger cruise ferries. The logistics division provides transport solutions for full and part loads as well as contracts logistics solutions, including warehousing. Its main customers include manufacturers of industrial goods. The company generates the most revenue from the ferry division. It has a presence in geographical markets such as the North Sea, Baltic Sea, English Channel, Mediterranean, continental Europe, Nordic nations, and United Kingdom/Ireland.

DFDS A/S (OCSE:DFDS) Headlines

No Headlines