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Digital Bros SpA (LTS:0N8R) Cyclically Adjusted Book per Share : €6.51 (As of Mar. 2024)


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What is Digital Bros SpA 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.

Digital Bros SpA's adjusted book value per share for the three months ended in Mar. 2024 was €8.963. 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 €6.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Digital Bros SpA's average Cyclically Adjusted Book Growth Rate was 14.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 Digital Bros SpA was 22.60% per year. The lowest was 11.10% per year. And the median was 17.00% per year.

As of today (2024-06-06), Digital Bros SpA's current stock price is €9.84. Digital Bros SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.51. Digital Bros SpA's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Digital Bros SpA was 11.47. The lowest was 1.28. And the median was 4.32.


Digital Bros SpA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Digital Bros SpA'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.

Digital Bros SpA Cyclically Adjusted Book per Share Chart

Digital Bros SpA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 3.00 3.64 4.85 5.68

Digital Bros SpA 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 5.47 5.68 5.97 6.06 6.51

Competitive Comparison of Digital Bros SpA's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Digital Bros SpA'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.


Digital Bros SpA's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Digital Bros SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Digital Bros SpA's Cyclically Adjusted PB Ratio falls into.



Digital Bros SpA 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, Digital Bros SpA'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)
=8.963/120.2000*120.2000
=8.963

Current CPI (Mar. 2024) = 120.2000.

Digital Bros SpA Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.868 100.093 2.243
201409 1.972 99.814 2.375
201412 2.085 99.721 2.513
201503 2.196 99.814 2.645
201506 2.466 100.279 2.956
201509 2.752 100.000 3.308
201512 2.680 99.814 3.227
201603 2.450 99.600 2.957
201606 3.458 99.900 4.161
201609 3.890 100.100 4.671
201612 3.813 100.300 4.570
201703 3.903 101.000 4.645
201706 4.121 101.100 4.900
201709 4.126 101.200 4.901
201712 4.059 101.200 4.821
201803 4.833 101.800 5.707
201806 4.671 102.400 5.483
201809 4.645 102.600 5.442
201812 4.360 102.300 5.123
201903 4.199 102.800 4.910
201906 4.504 103.100 5.251
201909 4.733 102.900 5.529
201912 4.688 102.800 5.481
202003 4.928 102.900 5.757
202006 5.536 102.900 6.467
202009 6.126 102.300 7.198
202012 6.554 102.600 7.678
202103 7.081 103.700 8.208
202106 7.777 104.200 8.971
202109 8.079 104.900 9.257
202112 8.261 106.600 9.315
202203 8.575 110.400 9.336
202206 9.529 112.500 10.181
202209 9.789 114.200 10.303
202212 10.376 119.000 10.481
202303 10.739 118.800 10.866
202306 9.978 119.700 10.020
202309 9.527 120.300 9.519
202312 9.222 119.700 9.261
202403 8.963 120.200 8.963

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


Digital Bros SpA  (LTS:0N8R) 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.

Digital Bros SpA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.84/6.51
=1.51

* 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 Digital Bros SpA was 11.47. The lowest was 1.28. And the median was 4.32.


Be Aware

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


Digital Bros SpA Cyclically Adjusted Book per Share Related Terms

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


Digital Bros SpA (LTS:0N8R) Business Description

Traded in Other Exchanges
Address
Via Tortona, 37, Milan, ITA, 20144
Digital Bros SpA develops, publishes, distributes, and markets video games. The company operates in various business segments that are Premium Games; Free to Play; Italian Distribution; Other activities and Holding. It generates maximum revenue from the Premium Games segment. Premium Games operations consist of the acquisition of video game content exploitation rights from developers and the subsequent distribution of the games through a traditional international retail sales network and via digital marketplaces such as Steam, Sony PlayStation Network, Microsoft Xbox Live, Epic Game Store, and others. Geographically, it derives a majority of revenue from the Americas.

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