DKL (Delek Logistics Partners LP) Cyclically Adjusted Book per Share: $-2.96 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

DKL Delek Logistics Partners LP DKL
83 GF Score
Price $53.78
GF Value $46.85
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Delek Logistics Partners LP Cyclically Adjusted Book per Share?

Delek Logistics Partners LP DKL +0.13% 83 Cyclically Adjusted Book per Share is $-2.96 as of Jun. 2026. GuruFocus rates DKL with a GF Score™ of 83/100 and a GF Value™ of $46.85 (Modestly Overvalued). The stock has 11 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.

Delek Logistics Partners LP's adjusted book value per share for the three months ended in Jun. 2026 was $-1.303. 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 $-2.96 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -16.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -30.90% 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 Delek Logistics Partners LP was -16.50% per year. The lowest was -49.20% per year. And the median was -35.20% per year.

As of today (2026-08-21), Delek Logistics Partners LP's current stock price is $53.78. Delek Logistics Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $-2.96. Delek Logistics Partners LP's Cyclically Adjusted PB Ratio of today is .


Delek Logistics Partners LP  (NYSE:DKL) 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.


Be Aware

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


Delek Logistics Partners LP Cyclically Adjusted Book per Share Related Terms


Delek Logistics Partners LP Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Delek Logistics Partners LP'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.

Delek Logistics Partners LP Cyclically Adjusted Book per Share Chart

Delek Logistics Partners LP 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 -1.19 -1.81 -2.69 -2.94 -2.86

Delek Logistics Partners LP 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 -2.89 -2.89 -2.86 -2.91 -2.96

DKL vs CVI, DK, PARR: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP'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.


Delek Logistics Partners LP Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delek Logistics Partners LP's Cyclically Adjusted PB Ratio falls into.


DKL
83GF Score
Delek Logistics Partners LP DKL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delek Logistics Partners LP 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, Delek Logistics Partners LP's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.303/333.9520*333.9520
=-1.303

Current CPI (Jun. 2026) = 333.9520.

Delek Logistics Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.577 241.428 -0.798
201612 -0.546 241.432 -0.755
201703 -0.780 243.801 -1.068
201706 -0.865 244.955 -1.179
201709 -1.057 246.819 -1.430
201712 -1.199 246.524 -1.624
201803 -5.358 249.554 -7.170
201806 -5.286 251.989 -7.005
201809 -5.346 252.439 -7.072
201812 -5.525 251.233 -7.344
201903 -5.814 254.202 -7.638
201906 -5.910 256.143 -7.705
201909 -5.836 256.759 -7.591
201912 -6.187 256.974 -8.040
202003 -1.509 258.115 -1.952
202006 -2.661 257.797 -3.447
202009 -2.566 260.280 -3.292
202012 -2.493 260.474 -3.196
202103 -2.564 264.877 -3.233
202106 -2.482 271.696 -3.051
202109 -2.410 274.310 -2.934
202112 -2.392 278.802 -2.865
202203 -2.450 287.504 -2.846
202206 -2.678 296.311 -3.018
202209 -2.627 296.808 -2.956
202212 -2.541 296.797 -2.859
202303 -2.695 301.836 -2.982
202306 -2.971 305.109 -3.252
202309 -3.192 307.789 -3.463
202312 -3.712 306.746 -4.041
202403 -0.900 312.332 -0.962
202406 -1.086 314.175 -1.154
202409 -2.447 315.301 -2.592
202412 0.690 315.605 0.730
202503 1.823 319.799 1.904
202506 0.598 322.561 0.619
202509 0.327 324.800 0.336
202512 0.114 324.054 0.117
202603 -0.377 330.213 -0.381
202606 -1.303 333.952 -1.303

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 $-2.96 mean?
Delek Logistics Partners LP (DKL) has a Cyclically Adjusted Book per Share of $-2.96 as of Jun. 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 Delek Logistics Partners LP and its competitors.
Is Delek Logistics Partners LP's Cyclically Adjusted Book per Share too high?
Delek Logistics Partners LP's current Cyclically Adjusted Book per Share is $-2.96. Overall, Delek Logistics Partners LP has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delek Logistics Partners LP's Cyclically Adjusted Book per Share compare to CVI and DK?
Delek Logistics Partners LP's Cyclically Adjusted Book per Share of $-2.96 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Delek Logistics Partners LP and its competitors. Delek Logistics Partners LP's current Cyclically Adjusted Book per Share is $-2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delek Logistics Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Delek Logistics Partners LP (DKL) is currently considered Modestly Overvalued. The stock's GF Value™ is $46.85, compared to a current price of $53.78 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is $-2.96. Delek Logistics Partners LP's overall GF Score™ is 83/100 with 11 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 Delek Logistics Partners LP (DKL), the current Cyclically Adjusted Book per Share is $-2.96 as of Jun. 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 Delek Logistics Partners LP (DKL) Overvalued in 2026?

Based on GuruFocus' analysis, Delek Logistics Partners LP stock appears to be overvalued. The current stock price of $53.78 is trading 14.8% above its estimated GF Value™ of $46.85. GuruFocus considers Delek Logistics Partners LP to be Modestly Overvalued.

Key valuation signals for DKL:

  • Cyclically Adjusted Book per Share: $-2.96
  • GF Value™: $46.85 vs. price of $53.78 (14.8% above fair value)
  • GF Score™: 83/100 with 11 warning signs

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


Delek Logistics Partners LP Business Description

Industry EnergyOil & Gas
Address 310 Seven Springs Way, Suite 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes gathering and processing; wholesale marketing and terminalling; storage and transportation and investment in pipeline joint ventures. It generates maximum revenue from the wholesale marketing and terminalling segment, which provides marketing services for the refined products output of the Delek Holdings' refineries, engages in wholesale activity at its terminals and terminals owned by third parties, whereby it purchases light product for sale and exchange to third parties, and provides terminalling services at its refined products terminals to independent third parties and Delek Holdings.
83GF Score

Get the complete analysis for DKL

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

$53.78
Price
$46.85
GF Value