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DFDS A/S (OCSE:DFDS) Cyclically Adjusted PB Ratio : 1.19 (As of May. 26, 2024)


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What is DFDS A/S Cyclically Adjusted PB Ratio?

As of today (2024-05-26), DFDS A/S's current share 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 for today is 1.19.

The historical rank and industry rank for DFDS A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

OCSE:DFDS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.27   Max: 4.15
Current: 1.19

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

OCSE:DFDS's Cyclically Adjusted PB Ratio is ranked better than
53.75% of 707 companies
in the Transportation industry
Industry Median: 1.26 vs OCSE:DFDS: 1.19

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


DFDS A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DFDS A/S's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

DFDS A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 2.27 2.59 1.63 1.30

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 PB Ratio 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 1.71 1.51 1.38 1.30 1.13

Competitive Comparison of DFDS A/S's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

DFDS A/S's Cyclically Adjusted PB Ratio for 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.

DFDS A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


DFDS A/S  (OCSE:DFDS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


DFDS A/S Cyclically Adjusted PB Ratio Related Terms

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


DFDS A/S (OCSE:DFDS) Business Description

Industry
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

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