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The Descartes Systems Group (The Descartes Systems Group) Cyclically Adjusted Book per Share : $9.39 (As of Jan. 2024)


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What is The Descartes Systems Group 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.

The Descartes Systems Group's adjusted book value per share for the three months ended in Jan. 2024 was $14.534. 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 $9.39 for the trailing ten years ended in Jan. 2024.

During the past 12 months, The Descartes Systems Group's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.40% 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 The Descartes Systems Group was 17.80% per year. The lowest was -15.00% per year. And the median was 14.75% per year.

As of today (2024-05-01), The Descartes Systems Group's current stock price is $94.50. The Descartes Systems Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $9.39. The Descartes Systems Group's Cyclically Adjusted PB Ratio of today is 10.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Descartes Systems Group was 12.89. The lowest was 3.94. And the median was 7.65.


The Descartes Systems Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Cyclically Adjusted Book per Share Chart

The Descartes Systems Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 6.05 7.22 8.20 9.39

The Descartes Systems Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.20 8.42 8.99 8.83 9.39

Competitive Comparison of The Descartes Systems Group's Cyclically Adjusted Book per Share

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, The Descartes Systems Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Descartes Systems Group's Cyclically Adjusted PB Ratio falls into.



The Descartes Systems Group 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, The Descartes Systems Group's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=14.534/125.4675*125.4675
=14.534

Current CPI (Jan. 2024) = 125.4675.

The Descartes Systems Group Quarterly Data

Book Value per Share CPI Adj_Book
201404 4.051 98.920 5.138
201407 5.346 99.315 6.754
201410 5.291 99.473 6.674
201501 5.172 98.209 6.608
201504 5.283 99.710 6.648
201507 5.309 100.579 6.623
201510 5.345 100.500 6.673
201601 5.307 100.184 6.646
201604 5.559 101.370 6.881
201607 5.534 101.844 6.818
201610 5.562 102.002 6.842
201701 5.675 102.318 6.959
201704 5.768 103.029 7.024
201707 6.011 103.029 7.320
201710 6.271 103.424 7.608
201801 6.497 104.056 7.834
201804 6.636 105.320 7.905
201807 6.709 106.110 7.933
201810 6.800 105.952 8.052
201901 6.941 105.557 8.250
201904 7.110 107.453 8.302
201907 9.467 108.243 10.973
201910 9.611 107.927 11.173
202001 9.764 108.085 11.334
202004 9.713 107.216 11.366
202007 10.132 108.401 11.727
202010 10.307 108.638 11.904
202101 10.783 109.192 12.390
202104 11.160 110.851 12.632
202107 11.377 112.431 12.696
202110 11.711 113.695 12.924
202201 11.796 114.801 12.892
202204 11.966 118.357 12.685
202207 12.247 120.964 12.703
202210 12.358 121.517 12.760
202301 12.961 121.596 13.374
202304 13.308 123.571 13.512
202307 13.794 124.914 13.855
202310 13.947 125.310 13.965
202401 14.534 125.468 14.534

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


The Descartes Systems Group  (NAS:DSGX) 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.

The Descartes Systems Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=94.50/9.39
=10.06

* 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 The Descartes Systems Group was 12.89. The lowest was 3.94. And the median was 7.65.


Be Aware

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


The Descartes Systems Group Cyclically Adjusted Book per Share Related Terms

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


The Descartes Systems Group (The Descartes Systems Group) Business Description

Traded in Other Exchanges
Address
120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.