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De'Longhi SPA (De'Longhi SPA) Cyclically Adjusted Book per Share : $9.77 (As of Mar. 2024)


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What is De'Longhi SPA 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.

De'Longhi SPA's adjusted book value per share for the three months ended in Mar. 2024 was $14.517. 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 $9.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, De'Longhi SPA's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 De'Longhi SPA was 13.30% per year. The lowest was 4.50% per year. And the median was 9.15% per year.

As of today (2024-05-22), De'Longhi SPA's current stock price is $34.87. De'Longhi SPA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.77. De'Longhi SPA's Cyclically Adjusted PB Ratio of today is 3.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of De'Longhi SPA was 6.33. The lowest was 1.91. And the median was 4.01.


De'Longhi SPA Cyclically Adjusted Book per Share Historical Data

The historical data trend for De'Longhi SPA'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.

De'Longhi SPA Cyclically Adjusted Book per Share Chart

De'Longhi SPA 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 6.41 7.67 6.52 11.92 9.40

De'Longhi SPA 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 12.07 8.93 9.31 9.40 9.77

Competitive Comparison of De'Longhi SPA's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, De'Longhi SPA'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.


De'Longhi SPA's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SPA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



De'Longhi SPA 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, De'Longhi SPA'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)
=14.517/120.2000*120.2000
=14.517

Current CPI (Mar. 2024) = 120.2000.

De'Longhi SPA Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.827 100.093 6.998
201409 6.038 99.814 7.271
201412 6.460 99.721 7.787
201503 6.422 99.814 7.734
201506 6.121 100.279 7.337
201509 6.161 100.000 7.406
201512 6.579 99.814 7.923
201603 6.694 99.600 8.079
201606 6.502 99.900 7.823
201609 6.631 100.100 7.962
201612 7.131 100.300 8.546
201703 7.371 101.000 8.772
201706 6.885 101.100 8.186
201709 7.458 101.200 8.858
201712 8.088 101.200 9.606
201803 8.595 101.800 10.149
201806 7.328 102.400 8.602
201809 7.481 102.600 8.764
201812 8.111 102.300 9.530
201903 8.296 102.800 9.700
201906 8.018 103.100 9.348
201909 8.134 102.900 9.502
201912 8.848 102.800 10.346
202003 8.801 102.900 10.281
202006 9.155 102.900 10.694
202009 9.965 102.300 11.709
202012 10.302 102.600 12.069
202103 10.851 103.700 12.578
202106 11.097 104.200 12.801
202109 11.395 104.900 13.057
202112 11.816 106.600 13.323
202203 11.970 110.400 13.033
202206 11.195 112.500 11.961
202209 10.852 114.200 11.422
202212 11.717 119.000 11.835
202303 11.967 118.800 12.108
202306 11.827 119.700 11.876
202309 12.223 120.300 12.213
202312 13.153 119.700 13.208
202403 14.517 120.200 14.517

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


De'Longhi SPA  (OTCPK:DELHF) 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.

De'Longhi SPA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.87/9.77
=3.57

* 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 De'Longhi SPA was 6.33. The lowest was 1.91. And the median was 4.01.


Be Aware

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


De'Longhi SPA Cyclically Adjusted Book per Share Related Terms

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


De'Longhi SPA (De'Longhi SPA) Business Description

Traded in Other Exchanges
Address
Via Lodovico Seitz, 47, Treviso, ITA, 31100
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, ironing products, floor-care products, air conditioners and air treatment products, heating products, and others. The company generates the majority of its revenue from coffeemakers and cooking and food preparation products. It offers products under four brands: De'Longhi, Kenwood, Nutribullet, Magic Bullet,Braun, and Ariete. Products under the De'Longhi brand contribute over half of total revenue. The company has a business presence across the world, including Europe, America, Australia and New Zealand, Asia, and elsewhere, with Europe its largest market.

De'Longhi SPA (De'Longhi SPA) Headlines

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