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Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Cyclically Adjusted Book per Share : $14.82 (As of Dec. 2023)


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What is Koninklijke Ahold Delhaize NV 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.

Koninklijke Ahold Delhaize NV's adjusted book value per share for the three months ended in Dec. 2023 was $17.009. 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 $14.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Koninklijke Ahold Delhaize NV's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Koninklijke Ahold Delhaize NV was 11.40% per year. The lowest was 9.50% per year. And the median was 11.30% per year.

As of today (2024-05-02), Koninklijke Ahold Delhaize NV's current stock price is $30.321. Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.82. Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Koninklijke Ahold Delhaize NV was 3.23. The lowest was 1.90. And the median was 2.46.


Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Koninklijke Ahold Delhaize NV'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.

Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Chart

Koninklijke Ahold Delhaize NV 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 10.33 11.87 12.35 13.52 14.82

Koninklijke Ahold Delhaize NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.52 13.86 14.22 14.09 14.82

Competitive Comparison of Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.


Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio falls into.



Koninklijke Ahold Delhaize NV 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, Koninklijke Ahold Delhaize NV'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)
=17.009/126.4000*126.4000
=17.009

Current CPI (Dec. 2023) = 126.4000.

Koninklijke Ahold Delhaize NV Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.811 99.390 9.934
201406 7.502 99.240 9.555
201409 7.255 99.960 9.174
201412 7.715 99.050 9.845
201503 6.994 99.750 8.863
201506 7.278 100.230 9.178
201509 7.634 100.500 9.601
201512 7.950 99.730 10.076
201603 7.451 100.310 9.389
201606 6.499 100.260 8.193
201609 13.412 100.570 16.857
201612 13.494 100.710 16.936
201703 13.743 101.440 17.125
201706 13.514 101.370 16.851
201709 14.247 102.030 17.650
201712 14.066 101.970 17.436
201803 15.239 102.470 18.798
201806 14.480 103.100 17.752
201809 14.753 103.950 17.939
201812 14.299 103.970 17.384
201903 14.700 105.370 17.634
201906 14.612 105.840 17.450
201909 13.975 106.700 16.555
201912 14.383 106.800 17.023
202003 14.712 106.850 17.404
202006 13.702 107.510 16.110
202009 14.815 107.880 17.358
202012 14.445 107.850 16.930
202103 15.100 108.870 17.531
202106 0.000 109.670 0.000
202109 15.116 110.790 17.246
202112 15.329 114.010 16.995
202203 15.816 119.460 16.735
202206 16.134 119.050 17.130
202209 16.007 126.890 15.945
202212 16.697 124.940 16.892
202303 17.247 124.720 17.479
202306 16.946 125.830 17.023
202309 17.137 127.160 17.035
202312 17.009 126.400 17.009

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


Koninklijke Ahold Delhaize NV  (OTCPK:ADRNY) 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.321/14.82
=2.05

* 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 Koninklijke Ahold Delhaize NV was 3.23. The lowest was 1.90. And the median was 2.46.


Be Aware

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


Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Related Terms

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


Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Business Description

Address
Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.

Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Headlines

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