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Dorian LPG (FRA:0DA) Cyclically Adjusted Book per Share : €20.19 (As of Sep. 2024)


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What is Dorian LPG 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.

Dorian LPG's adjusted book value per share for the three months ended in Sep. 2024 was €22.907. 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 €20.19 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Dorian LPG's average Cyclically Adjusted Book Growth Rate was 6.20% 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.

As of today (2024-12-11), Dorian LPG's current stock price is €22.11. Dorian LPG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €20.19. Dorian LPG's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Dorian LPG was 2.25. The lowest was 0.99. And the median was 1.66.


Dorian LPG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dorian LPG'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.

Dorian LPG Cyclically Adjusted Book per Share Chart

Dorian LPG 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 - - - - 20.70

Dorian LPG 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 20.70 19.93 20.70 21.20 20.19

Competitive Comparison of Dorian LPG's Cyclically Adjusted Book per Share

For the Oil & Gas Midstream subindustry, Dorian LPG'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.


Dorian LPG's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorian LPG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dorian LPG 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, Dorian LPG'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)
=22.907/133.0289*133.0289
=22.907

Current CPI (Sep. 2024) = 133.0289.

Dorian LPG Quarterly Data

Book Value per Share CPI Adj_Book
201412 12.124 99.070 16.280
201503 13.897 99.621 18.557
201506 13.624 100.684 18.001
201509 14.291 100.392 18.937
201512 15.647 99.792 20.858
201603 15.770 100.470 20.880
201606 15.730 101.688 20.578
201609 15.670 101.861 20.465
201612 16.779 101.863 21.913
201703 16.600 102.862 21.468
201706 15.662 103.349 20.160
201709 14.599 104.136 18.650
201712 14.746 104.011 18.860
201803 14.124 105.290 17.845
201806 14.577 106.317 18.239
201809 14.486 106.507 18.093
201812 14.775 105.998 18.543
201903 14.641 107.251 18.160
201906 14.772 108.070 18.184
201909 15.858 108.329 19.474
201912 16.371 108.420 20.087
202003 17.397 108.902 21.251
202006 17.226 108.767 21.068
202009 16.512 109.815 20.003
202012 16.737 109.897 20.260
202103 19.168 111.754 22.817
202106 19.240 114.631 22.328
202109 19.205 115.734 22.075
202112 20.377 117.630 23.045
202203 20.791 121.301 22.801
202206 19.901 125.017 21.176
202209 20.669 125.227 21.957
202212 19.589 125.222 20.810
202303 20.211 127.348 21.113
202306 20.237 128.729 20.913
202309 21.305 129.860 21.825
202312 22.222 129.419 22.842
202403 23.182 131.776 23.402
202406 24.410 132.554 24.497
202409 22.907 133.029 22.907

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


Dorian LPG  (FRA:0DA) 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.

Dorian LPG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.11/20.19
=1.10

* 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 Dorian LPG was 2.25. The lowest was 0.99. And the median was 1.66.


Be Aware

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


Dorian LPG Cyclically Adjusted Book per Share Related Terms

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


Dorian LPG Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorian LPG Ltd (FRA:0DA) » Definitions » Cyclically Adjusted Book per Share
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Address
27 Signal Road, Stamford, CT, USA, 06902
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.

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