GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DHL Group (MIL:1DHL) » Definitions » Cyclically Adjusted PB Ratio

DHL Group (MIL:1DHL) Cyclically Adjusted PB Ratio : 3.03 (As of May. 21, 2024)


View and export this data going back to 2016. Start your Free Trial

What is DHL Group Cyclically Adjusted PB Ratio?

As of today (2024-05-21), DHL Group's current share price is €39.88. DHL Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €13.16. DHL Group's Cyclically Adjusted PB Ratio for today is 3.03.

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

MIL:1DHL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 3.46   Max: 5.98
Current: 2.97

During the past years, DHL Group's highest Cyclically Adjusted PB Ratio was 5.98. The lowest was 2.21. And the median was 3.46.

MIL:1DHL's Cyclically Adjusted PB Ratio is ranked worse than
80.8% of 703 companies
in the Transportation industry
Industry Median: 1.26 vs MIL:1DHL: 2.97

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.

DHL Group's adjusted book value per share data for the three months ended in Dec. 2023 was €19.032. 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 €13.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHL Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DHL Group'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.

DHL Group Cyclically Adjusted PB Ratio Chart

DHL Group 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 3.64 4.27 5.45 2.93 3.34

DHL Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.93 3.43 3.47 2.91 3.34

Competitive Comparison of DHL Group's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, DHL 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.


DHL Group's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



DHL Group 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.

DHL Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.88/13.16
=3.03

* 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.

DHL Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, DHL Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.032/123.7729*123.7729
=19.032

Current CPI (Dec. 2023) = 123.7729.

DHL Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.182 99.543 10.174
201406 7.270 99.543 9.040
201409 6.963 99.823 8.634
201412 7.751 99.543 9.638
201503 7.550 99.717 9.371
201506 8.743 100.417 10.777
201509 8.367 100.417 10.313
201512 9.110 99.717 11.308
201603 8.511 100.017 10.533
201606 7.592 100.717 9.330
201609 6.892 101.017 8.445
201612 9.153 101.217 11.193
201703 9.711 101.417 11.852
201706 9.274 102.117 11.241
201709 9.223 102.717 11.114
201712 10.323 102.617 12.451
201803 10.480 102.917 12.604
201806 9.836 104.017 11.704
201809 10.247 104.718 12.112
201812 11.023 104.217 13.091
201903 11.456 104.217 13.606
201906 9.842 105.718 11.523
201909 9.895 106.018 11.552
201912 11.426 105.818 13.365
202003 11.653 105.718 13.643
202006 11.553 106.618 13.412
202009 10.586 105.818 12.382
202012 11.119 105.518 13.043
202103 13.574 107.518 15.626
202106 12.919 108.486 14.739
202109 14.089 109.435 15.935
202112 15.556 110.384 17.443
202203 17.426 113.968 18.925
202206 17.935 115.760 19.176
202209 19.214 118.818 20.015
202212 19.384 119.345 20.103
202303 19.916 122.402 20.139
202306 18.448 123.140 18.543
202309 19.479 124.195 19.413
202312 19.032 123.773 19.032

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.


DHL Group  (MIL:1DHL) 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.


DHL Group Cyclically Adjusted PB Ratio Related Terms

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


DHL Group (MIL:1DHL) Business Description

Industry
Address
Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the largest parcel-shipping and third-party logistics providers globally. Its DHL divisions (international express shipping, air and ocean freight forwarding, contract logistics, and e-commerce solutions) generated 83% of revenue in 2022. Roughly 17% of revenue comes from the Post and Parcel Germany division, which includes the legacy postal business and the German small-package delivery business.

DHL Group (MIL:1DHL) Headlines

No Headlines