The Walt Disney Co (FRA:WDP0) Cyclically Adjusted Book per Share: €3.65 (As of Mar. 2026)


FRA:WDP0 The Walt Disney Co FRA:WDP0
86 GF Score
Price €6.70
GF Value €7.59
Valuation Modestly Undervalued
! 3 Warning Signs
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What is The Walt Disney Co Cyclically Adjusted Book per Share?

The Walt Disney Co FRA:WDP0 +3.08% 86 Cyclically Adjusted Book per Share is €3.65 as of Mar. 2026. GuruFocus rates FRA:WDP0 with a GF Score™ of 86/100 and a GF Value™ of €7.59 (Modestly Undervalued). The stock has 3 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.

The Walt Disney Co's adjusted book value per share for the three months ended in Mar. 2026 was €4.597. 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 €3.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Walt Disney Co's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 The Walt Disney Co was 15.80% per year. The lowest was 5.00% per year. And the median was 8.40% per year.

As of today (2026-07-04), The Walt Disney Co's current stock price is €6.70. The Walt Disney Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.65. The Walt Disney Co's Cyclically Adjusted PB Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Walt Disney Co was 6.03. The lowest was 1.66. And the median was 3.97.


The Walt Disney Co  (FRA:WDP0) 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.

The Walt Disney Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.70/3.65
=1.84

* 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 The Walt Disney Co was 6.03. The lowest was 1.66. And the median was 3.97.


Be Aware

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


The Walt Disney Co Cyclically Adjusted Book per Share Related Terms


The Walt Disney Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Walt Disney Co'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.

The Walt Disney Co Cyclically Adjusted Book per Share Chart

The Walt Disney Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.82 3.71 3.82 3.59

The Walt Disney Co 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 3.58 3.63 3.59 3.58 3.65

FRA:WDP0 vs WBD, LYV, NFLX: Cyclically Adjusted Book per Share Comparison

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Walt Disney Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:WDP0
86GF Score
The Walt Disney Co FRA:WDP0
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Walt Disney Co 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, The Walt Disney Co'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)
=4.597/330.2130*330.2130
=4.597

Current CPI (Mar. 2026) = 330.2130.

The Walt Disney Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.966 241.018 2.694
201609 2.048 241.428 2.801
201612 2.176 241.432 2.976
201703 2.223 243.801 3.011
201706 2.011 244.955 2.711
201709 1.964 246.819 2.628
201712 2.063 246.524 2.763
201803 2.075 249.554 2.746
201806 2.235 251.989 2.929
201809 2.368 252.439 3.098
201812 2.523 251.233 3.316
201903 3.798 254.202 4.934
201906 3.821 256.143 4.926
201909 3.851 256.759 4.953
201912 3.855 256.974 4.954
202003 3.904 258.115 4.994
202006 3.639 257.797 4.661
202009 3.386 260.280 4.296
202012 3.298 260.474 4.181
202103 3.429 264.877 4.275
202106 3.436 271.696 4.176
202109 3.519 274.310 4.236
202112 3.795 278.802 4.495
202203 3.927 287.504 4.510
202206 4.176 296.311 4.654
202209 4.579 296.808 5.094
202212 4.331 296.797 4.819
202303 4.362 301.836 4.772
202306 4.299 305.109 4.653
202309 4.320 307.789 4.635
202312 4.280 306.746 4.607
202403 4.250 312.332 4.493
202406 4.375 314.175 4.598
202409 4.264 315.301 4.466
202412 4.482 315.605 4.689
202503 4.560 319.799 4.708
202506 4.476 322.561 4.582
202509 4.442 324.800 4.516
202512 4.433 324.054 4.517
202603 4.597 330.213 4.597

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 €3.65 mean?
The Walt Disney Co (FRA:WDP0) has a Cyclically Adjusted Book per Share of €3.65 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 The Walt Disney Co and its competitors.
Is The Walt Disney Co's Cyclically Adjusted Book per Share too high?
The Walt Disney Co's current Cyclically Adjusted Book per Share is €3.65. Overall, The Walt Disney Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Walt Disney Co's Cyclically Adjusted Book per Share compare to WBD and LYV?
The Walt Disney Co's Cyclically Adjusted Book per Share of €3.65 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 The Walt Disney Co and its competitors. The Walt Disney Co's current Cyclically Adjusted Book per Share is €3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Walt Disney Co stock overvalued right now?
Based on GuruFocus' analysis, The Walt Disney Co (FRA:WDP0) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.59, compared to a current price of €6.70 — trading 11.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €3.65. The Walt Disney Co's overall GF Score™ is 86/100 with 3 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 The Walt Disney Co (FRA:WDP0), the current Cyclically Adjusted Book per Share is €3.65 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 The Walt Disney Co (FRA:WDP0) Overvalued in 2026?

Based on GuruFocus' analysis, The Walt Disney Co stock appears to be undervalued. The current stock price of €6.70 is trading 11.7% below its estimated GF Value™ of €7.59. GuruFocus considers The Walt Disney Co to be Modestly Undervalued.

Key valuation signals for FRA:WDP0:

  • Cyclically Adjusted Book per Share: €3.65
  • GF Value™: €7.59 vs. price of €6.70 (11.7% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the FRA:WDP0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Walt Disney Co Business Description

Address 500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm's ownership of iconic franchises and characters. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses the ESPN family of TV networks and streaming services. Experiences contains Disney's theme parks, cruises, and vacation destinations and also engages in merchandise licensing.
86GF Score

Get the complete analysis for FRA:WDP0

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

€6.70
Price
€7.59
GF Value