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Diamondback Energy (FRA:7DB) Cyclically Adjusted Book per Share : €66.81 (As of Sep. 2024)


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What is Diamondback Energy 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.

Diamondback Energy's adjusted book value per share for the three months ended in Sep. 2024 was €115.198. 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 €66.81 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Diamondback Energy's average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.40% 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 Diamondback Energy was 17.40% per year. The lowest was 17.40% per year. And the median was 17.40% per year.

As of today (2024-12-11), Diamondback Energy's current stock price is €157.40. Diamondback Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €66.81. Diamondback Energy's Cyclically Adjusted PB Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Diamondback Energy was 3.01. The lowest was 0.61. And the median was 2.31.


Diamondback Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Diamondback Energy'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.

Diamondback Energy Cyclically Adjusted Book per Share Chart

Diamondback Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 33.44 43.47 54.61 60.91

Diamondback Energy 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 63.13 60.91 64.31 67.39 66.81

Competitive Comparison of Diamondback Energy's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Diamondback Energy'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.


Diamondback Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Diamondback Energy 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, Diamondback Energy'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)
=115.198/133.0289*133.0289
=115.198

Current CPI (Sep. 2024) = 133.0289.

Diamondback Energy Quarterly Data

Book Value per Share CPI Adj_Book
201412 24.963 99.070 33.520
201503 29.487 99.621 39.375
201506 28.127 100.684 37.163
201509 27.488 100.392 36.424
201512 25.782 99.792 34.369
201603 26.401 100.470 34.957
201606 24.320 101.688 31.816
201609 28.703 101.861 37.486
201612 38.884 101.863 50.781
201703 44.325 102.862 57.324
201706 43.694 103.349 56.242
201709 41.866 104.136 53.482
201712 45.233 104.011 57.852
201803 44.552 105.290 56.290
201806 48.880 106.317 61.161
201809 51.532 106.507 64.364
201812 73.307 105.998 92.001
201903 74.046 107.251 91.843
201906 75.594 108.070 93.053
201909 79.169 108.329 97.220
201912 74.993 108.420 92.015
202003 73.551 108.902 89.846
202006 60.283 108.767 73.730
202009 51.376 109.815 62.236
202012 45.726 109.897 55.351
202103 49.537 111.754 58.967
202106 50.089 114.631 58.128
202109 53.988 115.734 62.056
202112 60.252 117.630 68.140
202203 65.168 121.301 71.469
202206 71.900 125.017 76.508
202209 79.607 125.227 84.567
202212 78.783 125.222 83.695
202303 79.532 127.348 83.080
202306 80.104 128.729 82.780
202309 85.308 129.860 87.390
202312 85.300 129.419 87.679
202403 87.440 131.776 88.271
202406 90.862 132.554 91.188
202409 115.198 133.029 115.198

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


Diamondback Energy  (FRA:7DB) 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.

Diamondback Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=157.40/66.81
=2.36

* 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 Diamondback Energy was 3.01. The lowest was 0.61. And the median was 2.31.


Be Aware

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


Diamondback Energy Cyclically Adjusted Book per Share Related Terms

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


Diamondback Energy Business Description

Industry
Traded in Other Exchanges
Address
500 West Texas Avenue, Suite 1200, Midland, TX, USA, 79701
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2023, the company reported net proven reserves of 2.2 billion barrels of oil equivalent. Net production averaged about 448,000 barrels per day in 2023, at a ratio of 59% oil, 21% natural gas liquids, and 20% natural gas.

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