GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DSV AS (OCSE:DSV) » Definitions » Cyclically Adjusted PB Ratio

DSV AS (OCSE:DSV) Cyclically Adjusted PB Ratio : 5.73 (As of May. 28, 2024)


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

What is DSV AS Cyclically Adjusted PB Ratio?

As of today (2024-05-28), DSV AS's current share price is kr1044.00. DSV AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr182.06. DSV AS's Cyclically Adjusted PB Ratio for today is 5.73.

The historical rank and industry rank for DSV AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

OCSE:DSV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.4   Med: 11.71   Max: 19.23
Current: 5.74

During the past years, DSV AS's highest Cyclically Adjusted PB Ratio was 19.23. The lowest was 5.40. And the median was 11.71.

OCSE:DSV's Cyclically Adjusted PB Ratio is ranked worse than
91.96% of 709 companies
in the Transportation industry
Industry Median: 1.27 vs OCSE:DSV: 5.74

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.

DSV AS's adjusted book value per share data for the three months ended in Mar. 2024 was kr328.850. 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 kr182.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DSV AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DSV AS'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.

DSV AS Cyclically Adjusted PB Ratio Chart

DSV AS 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 13.04 13.25 14.94 7.70 6.88

DSV AS 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 8.76 9.10 7.94 6.88 6.16

Competitive Comparison of DSV AS's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, DSV AS'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.


DSV AS's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DSV AS 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.

DSV AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1044.00/182.06
=5.73

* 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.

DSV AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DSV AS'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)
=328.85/118.4000*118.4000
=328.850

Current CPI (Mar. 2024) = 118.4000.

DSV AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.737 99.700 42.440
201409 36.225 99.700 43.019
201412 35.642 99.400 42.455
201503 35.693 100.200 42.176
201506 37.772 100.300 44.588
201509 38.244 100.200 45.191
201512 64.216 99.800 76.184
201603 62.083 100.200 73.360
201606 64.184 100.600 75.541
201609 67.685 100.200 79.979
201612 72.327 100.300 85.379
201703 75.053 101.200 87.809
201706 77.738 101.200 90.950
201709 78.229 101.800 90.985
201712 80.589 101.300 94.193
201803 79.130 101.700 92.124
201806 83.202 102.300 96.296
201809 84.648 102.400 97.874
201812 81.796 102.100 94.855
201903 83.666 102.900 96.269
201906 87.210 102.900 100.347
201909 219.106 102.900 252.110
201912 215.984 102.900 248.518
202003 204.466 103.300 234.354
202006 208.244 103.200 238.916
202009 211.163 103.500 241.562
202012 209.575 103.400 239.978
202103 204.628 104.300 232.291
202106 204.168 105.000 230.224
202109 312.330 105.800 349.526
202112 316.409 106.600 351.434
202203 326.089 109.900 351.310
202206 344.674 113.600 359.238
202209 357.989 116.400 364.140
202212 329.733 115.900 336.845
202303 326.253 117.300 329.312
202306 327.878 116.400 333.512
202309 332.059 117.400 334.887
202312 328.469 116.700 333.254
202403 328.850 118.400 328.850

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.


DSV AS  (OCSE:DSV) 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.


DSV AS Cyclically Adjusted PB Ratio Related Terms

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


DSV AS (OCSE:DSV) Business Description

Industry
Address
Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, sea, and train, with the bulk of its activities coming from its European trucking network and airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021. This acquisition further diversifies its revenue base away from European road freight and adds scale in key regions such as the Middle East. It also moves DSV into third spot among the largest 3PL firms globally.

DSV AS (OCSE:DSV) Headlines

No Headlines