Old Dominion Freight Line (BSP:O1DF34) Cyclically Adjusted Book per Share: R$4.10 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:O1DF34 Old Dominion Freight Line Inc BSP:O1DF34
92 GF Score
Price R$58.32
GF Value R$51.38
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Old Dominion Freight Line Cyclically Adjusted Book per Share?

Old Dominion Freight Line BSP:O1DF34 92 Cyclically Adjusted Book per Share is R$4.10 as of Mar. 2026. GuruFocus rates BSP:O1DF34 with a GF Score™ of 92/100 and a GF Value™ of R$51.38 (Modestly Overvalued). The stock has 2 warning signs investors should review.

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.

Old Dominion Freight Line's adjusted book value per share for the three months ended in Mar. 2026 was R$5.527. 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 R$4.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Old Dominion Freight Line's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 17.20% 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 Old Dominion Freight Line was 19.00% per year. The lowest was 9.80% per year. And the median was 16.10% per year.

As of today (2026-08-01), Old Dominion Freight Line's current stock price is R$58.32. Old Dominion Freight Line's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$4.10. Old Dominion Freight Line's Cyclically Adjusted PB Ratio of today is 14.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Old Dominion Freight Line was 19.75. The lowest was 5.80. And the median was 11.91.


Old Dominion Freight Line  (BSP:O1DF34) 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.

Old Dominion Freight Line's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=58.32/4.10
=14.22

* 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 Old Dominion Freight Line was 19.75. The lowest was 5.80. And the median was 11.91.


Be Aware

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


Old Dominion Freight Line Cyclically Adjusted Book per Share Related Terms


Old Dominion Freight Line Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Old Dominion Freight Line'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.

Old Dominion Freight Line Cyclically Adjusted Book per Share Chart

Old Dominion Freight Line Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.82 3.15 4.48 4.52

Old Dominion Freight Line Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.23 4.29 4.52 4.10 0.00

BSP:O1DF34 vs XPO, KNX, SAIA: Cyclically Adjusted Book per Share Comparison

For the Trucking subindustry, Old Dominion Freight Line'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.


Old Dominion Freight Line Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Old Dominion Freight Line's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's Cyclically Adjusted PB Ratio falls into.


BSP:O1DF34
92GF Score
Old Dominion Freight Line Inc BSP:O1DF34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Old Dominion Freight Line 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, Old Dominion Freight Line's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.527/330.2130*330.2130
=5.527

Current CPI (Mar. 2026) = 330.2130.

Old Dominion Freight Line Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.196 241.018 1.639
201609 1.178 241.428 1.611
201612 1.256 241.432 1.718
201703 1.207 243.801 1.635
201706 1.329 244.955 1.792
201709 1.323 246.819 1.770
201712 1.518 246.524 2.033
201803 1.567 249.554 2.073
201806 1.901 251.989 2.491
201809 2.188 252.439 2.862
201812 2.136 251.233 2.807
201903 2.187 254.202 2.841
201906 2.244 256.143 2.893
201909 2.501 256.759 3.216
201912 2.645 256.974 3.399
202003 3.119 258.115 3.990
202006 3.297 257.797 4.223
202009 3.648 260.280 4.628
202012 3.655 260.474 4.634
202103 3.878 264.877 4.835
202106 3.693 271.696 4.488
202109 3.924 274.310 4.724
202112 4.523 278.802 5.357
202203 3.831 287.504 4.400
202206 3.998 296.311 4.455
202209 4.204 296.808 4.677
202212 4.346 296.797 4.835
202303 4.442 301.836 4.860
202306 4.253 305.109 4.603
202309 4.595 307.789 4.930
202312 4.786 306.746 5.152
202403 5.037 312.332 5.325
202406 5.156 314.175 5.419
202409 5.408 315.301 5.664
202412 6.079 315.605 6.360
202503 5.754 319.799 5.941
202506 5.570 322.561 5.702
202509 5.459 324.800 5.550
202512 5.639 324.054 5.746
202603 5.527 330.213 5.527

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

What does a Cyclically Adjusted Book per Share of R$4.10 mean?
Old Dominion Freight Line (BSP:O1DF34) has a Cyclically Adjusted Book per Share of R$4.10 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Old Dominion Freight Line and its competitors.
Is Old Dominion Freight Line's Cyclically Adjusted Book per Share too high?
Old Dominion Freight Line's current Cyclically Adjusted Book per Share is R$4.10. Overall, Old Dominion Freight Line has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Dominion Freight Line's Cyclically Adjusted Book per Share compare to XPO and KNX?
Old Dominion Freight Line's Cyclically Adjusted Book per Share of R$4.10 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Old Dominion Freight Line and its competitors. Old Dominion Freight Line's current Cyclically Adjusted Book per Share is R$4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Dominion Freight Line stock overvalued right now?
Based on GuruFocus' analysis, Old Dominion Freight Line (BSP:O1DF34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$51.38, compared to a current price of R$58.32 — trading 13.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$4.10. Old Dominion Freight Line's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Old Dominion Freight Line (BSP:O1DF34), the current Cyclically Adjusted Book per Share is R$4.10 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Old Dominion Freight Line (BSP:O1DF34) Overvalued in 2026?

Based on GuruFocus' analysis, Old Dominion Freight Line stock appears to be overvalued. The current stock price of R$58.32 is trading 13.5% above its estimated GF Value™ of R$51.38. GuruFocus considers Old Dominion Freight Line to be Modestly Overvalued.

Key valuation signals for BSP:O1DF34:

  • Cyclically Adjusted Book per Share: R$4.10
  • GF Value™: R$51.38 vs. price of R$58.32 (13.5% above fair value)
  • GF Score™: 92/100 with 2 warning signs

No single metric tells the full story. See the BSP:O1DF34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Old Dominion Freight Line Business Description

Address 500 Old Dominion Way, Thomasville, NC, USA, 27360
Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with roughly 260 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are well above those of its peers. Strategic initiatives focus on increasing network density through market-share gains and on maintaining industry-leading service (including ultralow cargo claims) through steadfast infrastructure investment.
92GF Score

Get the complete analysis for BSP:O1DF34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$58.32
Price
R$51.38
GF Value