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Delta Apparel (FRA:DA7) Cyclically Adjusted Book per Share : €22.69 (As of Mar. 2024)


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What is Delta Apparel 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.

Delta Apparel's adjusted book value per share for the three months ended in Mar. 2024 was €13.918. 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 €22.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Delta Apparel's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Delta Apparel was 8.50% per year. The lowest was 4.90% per year. And the median was 5.70% per year.

As of today (2024-05-22), Delta Apparel's current stock price is €1.34. Delta Apparel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €22.69. Delta Apparel's Cyclically Adjusted PB Ratio of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Delta Apparel was 1.63. The lowest was 0.05. And the median was 1.03.


Delta Apparel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Delta Apparel'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.

Delta Apparel Cyclically Adjusted Book per Share Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.45 26.42 23.22

Delta Apparel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.22 22.29 23.22 22.67 22.69

Competitive Comparison of Delta Apparel's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Delta Apparel'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.


Delta Apparel's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Apparel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Delta Apparel 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, Delta Apparel's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.918/131.7762*131.7762
=13.918

Current CPI (Mar. 2024) = 131.7762.

Delta Apparel Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.978 100.560 17.007
201409 13.614 100.428 17.864
201412 13.762 99.070 18.305
201503 16.150 99.621 21.363
201506 16.033 100.684 20.984
201509 16.512 100.392 21.674
201512 17.112 99.792 22.596
201603 17.215 100.470 22.579
201606 17.416 101.688 22.569
201609 17.799 101.861 23.026
201612 18.748 101.863 24.254
201703 19.072 102.862 24.433
201706 18.675 103.349 23.812
201709 17.916 104.136 22.671
201712 16.662 104.011 21.110
201803 16.498 105.290 20.648
201806 18.075 106.317 22.403
201809 18.608 106.507 23.023
201812 18.327 105.998 22.784
201903 18.601 107.251 22.855
201906 19.240 108.070 23.461
201909 20.225 108.329 24.602
201912 19.938 108.420 24.233
202003 20.246 108.902 24.499
202006 17.666 108.767 21.403
202009 17.646 109.815 21.175
202012 16.943 109.897 20.316
202103 17.901 111.754 21.108
202106 18.724 114.631 21.524
202109 20.090 115.734 22.875
202112 21.008 117.630 23.535
202203 22.998 121.301 24.984
202206 24.948 125.017 26.297
202209 26.782 125.227 28.183
202212 24.271 125.222 25.541
202303 23.124 127.348 23.928
202306 22.073 128.729 22.596
202309 20.196 129.860 20.494
202312 18.557 129.419 18.895
202403 13.918 131.776 13.918

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


Delta Apparel  (FRA:DA7) 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.

Delta Apparel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.34/22.69
=0.06

* 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 Delta Apparel was 1.63. The lowest was 0.05. And the median was 1.03.


Be Aware

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


Delta Apparel Cyclically Adjusted Book per Share Related Terms

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


Delta Apparel (FRA:DA7) Business Description

Traded in Other Exchanges
Address
2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.

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