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DGWPF (Draegerwerk AG KGaA) Cyclically Adjusted Book per Share : $77.60 (As of Dec. 2024)


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What is Draegerwerk AG KGaA 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.

Draegerwerk AG KGaA's adjusted book value per share for the three months ended in Dec. 2024 was $85.687. 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 $77.60 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Draegerwerk AG KGaA's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Draegerwerk AG KGaA was 8.60% per year. The lowest was 4.30% per year. And the median was 6.80% per year.

As of today (2025-05-19), Draegerwerk AG KGaA's current stock price is $57.00. Draegerwerk AG KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $77.60. Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Draegerwerk AG KGaA was 1.44. The lowest was 0.55. And the median was 0.77.


Draegerwerk AG KGaA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA Cyclically Adjusted Book per Share Chart

Draegerwerk AG KGaA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.99 70.22 63.43 77.15 77.60

Draegerwerk AG KGaA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 77.15 77.32 76.01 75.35 77.60

Competitive Comparison of Draegerwerk AG KGaA's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.


Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio falls into.


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Draegerwerk AG KGaA 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, Draegerwerk AG KGaA's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=85.687/127.0412*127.0412
=85.687

Current CPI (Dec. 2024) = 127.0412.

Draegerwerk AG KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201503 56.267 99.717 71.685
201506 58.705 100.417 74.270
201509 56.661 100.417 71.684
201512 57.920 99.717 73.791
201603 56.820 100.017 72.173
201606 56.507 100.717 71.276
201609 56.370 101.017 70.892
201612 59.483 101.217 74.659
201703 60.897 101.417 76.283
201706 63.154 102.117 78.568
201709 67.612 102.717 83.623
201712 71.105 102.617 88.029
201803 72.241 102.917 89.174
201806 67.263 104.017 82.151
201809 67.616 104.718 82.030
201812 69.133 104.217 84.273
201903 67.493 104.217 82.274
201906 65.726 105.718 78.983
201909 62.594 106.018 75.007
201912 67.242 105.818 80.729
202003 50.711 105.718 60.940
202006 52.182 106.618 62.178
202009 58.842 105.818 70.644
202012 66.981 105.518 80.644
202103 73.329 107.518 86.644
202106 77.682 108.486 90.969
202109 78.648 109.435 91.301
202112 75.886 110.384 87.338
202203 74.814 113.968 83.396
202206 74.706 115.760 81.986
202209 69.655 118.818 74.476
202212 74.426 119.345 79.226
202303 75.904 122.402 78.781
202306 77.360 123.140 79.811
202309 78.471 124.195 80.270
202312 81.776 123.773 83.935
202403 82.984 125.038 84.313
202406 82.645 125.882 83.406
202409 84.854 126.198 85.421
202412 85.687 127.041 85.687

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


Draegerwerk AG KGaA  (OTCPK:DGWPF) 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.

Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=57.00/77.60
=0.73

* 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 Draegerwerk AG KGaA was 1.44. The lowest was 0.55. And the median was 0.77.


Be Aware

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


Draegerwerk AG KGaA Cyclically Adjusted Book per Share Related Terms

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


Draegerwerk AG KGaA Business Description

Address
Moislinger Allee 53 - 55, Lubeck, DEU, 23542
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.