Dampskibsselskabet Norden AS (FRA:D69) Cyclically Adjusted Book per Share: €27.96 (As of Mar. 2026)


FRA:D69 Dampskibsselskabet Norden AS FRA:D69
58 GF Score
Price €41.10
GF Value €31.14
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Dampskibsselskabet Norden AS Cyclically Adjusted Book per Share?

Dampskibsselskabet Norden AS FRA:D69 +13.29% 58 Cyclically Adjusted Book per Share is €27.96 as of Mar. 2026. GuruFocus rates FRA:D69 with a GF Score™ of 58/100 and a GF Value™ of €31.14 (Significantly Overvalued). The stock has 10 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.

Dampskibsselskabet Norden AS's adjusted book value per share for the three months ended in Mar. 2026 was €39.917. 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 €27.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dampskibsselskabet Norden AS's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Dampskibsselskabet Norden AS was 4.20% per year. The lowest was -4.70% per year. And the median was -0.25% per year.

As of today (2026-07-06), Dampskibsselskabet Norden AS's current stock price is €41.10. Dampskibsselskabet Norden AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €27.96. Dampskibsselskabet Norden AS's Cyclically Adjusted PB Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dampskibsselskabet Norden AS was 2.71. The lowest was 0.35. And the median was 0.94.


Dampskibsselskabet Norden AS  (FRA:D69) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.10/27.96
=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 Dampskibsselskabet Norden AS was 2.71. The lowest was 0.35. And the median was 0.94.


Be Aware

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


Dampskibsselskabet Norden AS Cyclically Adjusted Book per Share Related Terms


Dampskibsselskabet Norden AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Dampskibsselskabet Norden 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.

Dampskibsselskabet Norden AS Cyclically Adjusted Book per Share Chart

Dampskibsselskabet Norden AS 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 23.53 25.67 25.30 27.11 27.68

Dampskibsselskabet Norden AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 27.98 28.15 28.11 27.68 27.96

Dampskibsselskabet Norden AS Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Dampskibsselskabet Norden 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.


Dampskibsselskabet Norden AS Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Dampskibsselskabet Norden AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:D69
58GF Score
Dampskibsselskabet Norden AS FRA:D69
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Dampskibsselskabet Norden 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, Dampskibsselskabet Norden AS's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=39.917/121.6800*121.6800
=39.917

Current CPI (Mar. 2026) = 121.6800.

Dampskibsselskabet Norden AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.355 100.600 22.201
201609 17.911 100.200 21.751
201612 18.774 100.300 22.776
201703 18.312 101.200 22.018
201706 17.449 101.200 20.980
201709 16.613 101.800 19.857
201712 17.423 101.300 20.928
201803 17.026 101.700 20.371
201806 18.238 102.300 21.693
201809 18.030 102.400 21.425
201812 18.204 102.100 21.695
201903 19.008 102.900 22.477
201906 18.412 102.900 21.772
201909 18.760 102.900 22.184
201912 19.666 102.900 23.255
202003 21.094 103.300 24.847
202006 20.891 103.200 24.632
202009 19.863 103.500 23.352
202012 19.623 103.400 23.092
202103 17.658 104.300 20.600
202106 15.220 105.000 17.638
202109 18.187 105.800 20.917
202112 23.912 106.600 27.295
202203 25.680 109.900 28.433
202206 33.282 113.600 35.649
202209 38.671 116.400 40.425
202212 37.218 115.900 39.074
202303 35.154 117.300 36.467
202306 35.379 116.400 36.984
202309 37.265 117.400 38.624
202312 34.797 116.700 36.282
202403 36.001 118.400 36.998
202406 37.638 118.500 38.648
202409 37.179 118.900 38.048
202412 41.360 118.900 42.327
202503 40.025 120.200 40.518
202506 39.128 120.700 39.446
202509 38.007 121.600 38.032
202512 38.100 121.200 38.251
202603 39.917 121.680 39.917

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 €27.96 mean?
Dampskibsselskabet Norden AS (FRA:D69) has a Cyclically Adjusted Book per Share of €27.96 as of Mar. 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 Dampskibsselskabet Norden AS and its competitors.
Is Dampskibsselskabet Norden AS's Cyclically Adjusted Book per Share too high?
Dampskibsselskabet Norden AS's current Cyclically Adjusted Book per Share is €27.96. Overall, Dampskibsselskabet Norden AS has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dampskibsselskabet Norden AS's Cyclically Adjusted Book per Share compare to competitors?
Dampskibsselskabet Norden AS's Cyclically Adjusted Book per Share of €27.96 can be compared against companies in the Transportation 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 a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Dampskibsselskabet Norden AS and its competitors. Dampskibsselskabet Norden AS's current Cyclically Adjusted Book per Share is €27.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dampskibsselskabet Norden AS stock overvalued right now?
Based on GuruFocus' analysis, Dampskibsselskabet Norden AS (FRA:D69) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.14, compared to a current price of €41.10 — trading 32% above its estimated fair value. The current Cyclically Adjusted Book per Share is €27.96. Dampskibsselskabet Norden AS's overall GF Score™ is 58/100 with 10 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 Dampskibsselskabet Norden AS (FRA:D69), the current Cyclically Adjusted Book per Share is €27.96 as of Mar. 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 Dampskibsselskabet Norden AS (FRA:D69) Overvalued in 2026?

Based on GuruFocus' analysis, Dampskibsselskabet Norden AS stock appears to be overvalued. The current stock price of €41.10 is trading 32% above its estimated GF Value™ of €31.14. GuruFocus considers Dampskibsselskabet Norden AS to be Significantly Overvalued.

Key valuation signals for FRA:D69:

  • Cyclically Adjusted Book per Share: €27.96
  • GF Value™: €31.14 vs. price of €41.10 (32% above fair value)
  • GF Score™: 58/100 with 10 warning signs

No single metric tells the full story. See the FRA:D69 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dampskibsselskabet Norden AS Business Description

Address 52, Strandvejen, Hellerup, DNK, DK-2900
Dampskibsselskabet Norden AS is an independent shipping company. The company's operating segments include Assets & Logistics and Freight Services & Trading. It generates maximum revenue from Freight Services & Trading segment which offers transport of bulk commodities such as grain, coal, iron ore and sugar, and of fuel oil and refined oil products. Geographically, it generates revenue from China, Singapore, United States of America, Mexico and Other regions.
58GF Score

Get the complete analysis for FRA:D69

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

€41.10
Price
€31.14
GF Value