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DNNGY (Orsted AS) Cyclically Adjusted Book per Share : $9.75 (As of Sep. 2024)


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What is Orsted AS 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.

Orsted AS's adjusted book value per share for the three months ended in Sep. 2024 was $10.265. 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 $9.75 for the trailing ten years ended in Sep. 2024.

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.

As of today (2024-12-11), Orsted AS's current stock price is $16.83. Orsted AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $9.75. Orsted AS's Cyclically Adjusted PB Ratio of today is 1.73.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Orsted AS was 2.31. The lowest was 1.85. And the median was 2.08.


Orsted AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Orsted AS'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.

Orsted AS Cyclically Adjusted Book per Share Chart

Orsted AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Orsted AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 9.26 9.75

Competitive Comparison of Orsted AS's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Orsted AS'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.


Orsted AS's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orsted AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Orsted AS 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, Orsted AS's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.265/118.9000*118.9000
=10.265

Current CPI (Sep. 2024) = 118.9000.

Orsted AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.563 99.400 9.047
201503 0.000 100.200 0.000
201506 0.000 100.300 0.000
201509 0.000 100.200 0.000
201512 5.230 99.800 6.231
201603 6.002 100.200 7.122
201606 5.892 100.600 6.964
201609 6.244 100.200 7.409
201612 5.889 100.300 6.981
201703 6.054 101.200 7.113
201706 6.859 101.200 8.059
201709 7.659 101.800 8.946
201712 8.583 101.300 10.074
201803 8.813 101.700 10.303
201806 8.224 102.300 9.558
201809 8.099 102.400 9.404
201812 9.890 102.100 11.517
201903 9.902 102.900 11.442
201906 9.986 102.900 11.539
201909 9.861 102.900 11.394
201912 10.190 102.900 11.774
202003 10.085 103.300 11.608
202006 9.951 103.200 11.465
202009 11.772 103.500 13.524
202012 12.276 103.400 14.116
202103 11.915 104.300 13.583
202106 12.059 105.000 13.655
202109 9.553 105.800 10.736
202112 9.892 106.600 11.033
202203 8.657 109.900 9.366
202206 6.544 113.600 6.849
202209 5.316 116.400 5.430
202212 10.339 115.900 10.607
202303 11.221 117.300 11.374
202306 11.710 116.400 11.962
202309 8.670 117.400 8.781
202312 8.807 116.700 8.973
202403 9.424 118.400 9.464
202406 9.065 118.500 9.096
202409 10.265 118.900 10.265

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


Orsted AS  (OTCPK:DNNGY) 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.

Orsted AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.83/9.75
=1.73

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Orsted AS was 2.31. The lowest was 1.85. And the median was 2.08.


Be Aware

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


Orsted AS Cyclically Adjusted Book per Share Related Terms

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


Orsted AS Business Description

Address
Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2023. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

Orsted AS Headlines