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Denso (DNZOY) Cyclically Adjusted Book per Share : $8.67 (As of Dec. 2024)


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What is Denso 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.

Denso's adjusted book value per share for the three months ended in Dec. 2024 was $12.097. 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 $8.67 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Denso's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 Denso was 9.30% per year. The lowest was 5.70% per year. And the median was 7.45% per year.

As of today (2025-03-29), Denso's current stock price is $12.77. Denso's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $8.67. Denso's Cyclically Adjusted PB Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Denso was 2.42. The lowest was 0.83. And the median was 1.63.


Denso Cyclically Adjusted Book per Share Historical Data

The historical data trend for Denso'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.

Denso Cyclically Adjusted Book per Share Chart

Denso Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.52 8.95 8.68 8.91 8.54

Denso 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 8.86 8.54 8.27 9.43 8.67

Competitive Comparison of Denso's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Denso'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.


Denso's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Denso's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Denso 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, Denso'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)
=12.097/110.7000*110.7000
=12.097

Current CPI (Dec. 2024) = 110.7000.

Denso Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.663 97.900 9.796
201506 8.577 98.400 9.649
201509 8.412 98.500 9.454
201512 8.528 98.100 9.623
201603 8.722 97.900 9.862
201606 8.780 98.100 9.908
201609 10.604 98.000 11.978
201612 10.096 98.400 11.358
201703 9.333 98.100 10.532
201706 9.614 98.500 10.805
201709 10.143 98.800 11.365
201712 10.316 99.400 11.489
201803 10.879 99.200 12.140
201806 10.614 99.200 11.844
201809 10.597 99.900 11.743
201812 10.121 99.700 11.238
201903 10.438 99.700 11.590
201906 10.693 99.800 11.861
201909 10.985 100.100 12.148
201912 11.040 100.500 12.160
202003 10.180 100.300 11.236
202006 9.998 99.900 11.079
202009 10.391 99.900 11.514
202012 11.262 99.300 12.555
202103 11.549 99.900 12.798
202106 11.804 99.500 13.133
202109 11.893 100.100 13.152
202112 11.776 100.100 13.023
202203 11.874 101.100 13.002
202206 10.624 101.800 11.553
202209 9.901 103.100 10.631
202212 10.259 104.100 10.909
202303 10.932 104.400 11.592
202306 11.449 105.200 12.048
202309 11.528 106.200 12.016
202312 11.472 106.800 11.891
202403 12.692 107.200 13.106
202406 11.922 108.200 12.197
202409 12.086 108.900 12.286
202412 12.097 110.700 12.097

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


Denso  (OTCPK:DNZOY) 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.

Denso's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.77/8.67
=1.47

* 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 Denso was 2.42. The lowest was 0.83. And the median was 1.63.


Be Aware

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


Denso Cyclically Adjusted Book per Share Related Terms

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


Denso Business Description

Industry
Traded in Other Exchanges
Address
1-1 Showa-cho, Kariya, JPN, 448-8661
Denso manufactures and sells mainly automotive components and systems. The company was founded in 1949 as a result of becoming independent from Toyota Motor, which is currently the largest shareholder. Its main businesses are powertrain control systems, thermal systems, electrification systems, mobility electronics, and sensors/semiconductor systems. The company operates globally and is headquartered in Kariya, Japan.