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PostNL NV (LTS:0P47) Cyclically Adjusted Book per Share : €-0.11 (As of Mar. 2024)


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What is PostNL NV 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.

PostNL NV's adjusted book value per share for the three months ended in Mar. 2024 was €0.366. 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 €-0.11 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -47.40% 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 PostNL NV was -2.70% per year. The lowest was -47.40% per year. And the median was -24.70% per year.

As of today (2024-06-09), PostNL NV's current stock price is €1.29. PostNL NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €-0.11. PostNL NV's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PostNL NV was 23.62. The lowest was 0.38. And the median was 1.88.


PostNL NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for PostNL NV'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.

PostNL NV Cyclically Adjusted Book per Share Chart

PostNL NV 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 0.65 -0.05 -0.22 -0.41 -0.16

PostNL NV 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 -0.35 -0.28 -0.22 -0.16 -0.11

Competitive Comparison of PostNL NV's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, PostNL NV'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.


PostNL NV's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



PostNL NV 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, PostNL NV'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)
=0.366/128.5800*128.5800
=0.366

Current CPI (Mar. 2024) = 128.5800.

PostNL NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.402 99.240 -1.816
201409 -1.694 99.960 -2.179
201412 -1.354 99.050 -1.758
201503 -1.302 99.750 -1.678
201506 -0.808 100.230 -1.037
201509 -0.996 100.500 -1.274
201512 -0.482 99.730 -0.621
201603 -0.439 100.310 -0.563
201606 -0.400 100.260 -0.513
201609 -0.427 100.570 -0.546
201612 -0.178 100.710 -0.227
201703 -0.072 101.440 -0.091
201706 -0.038 101.370 -0.048
201709 -0.176 102.030 -0.222
201712 0.075 101.970 0.095
201803 0.128 102.470 0.161
201806 0.028 103.100 0.035
201809 -0.056 103.950 -0.069
201812 0.098 103.970 0.121
201903 0.098 105.370 0.120
201906 -0.014 105.840 -0.017
201909 -0.054 106.700 -0.065
201912 -0.043 106.800 -0.052
202003 -0.020 106.850 -0.024
202006 0.057 107.510 0.068
202009 0.115 107.880 0.137
202012 0.426 107.850 0.508
202103 0.726 108.870 0.857
202106 0.673 109.670 0.789
202109 0.662 110.790 0.768
202112 0.830 114.010 0.936
202203 0.848 119.460 0.913
202206 0.386 119.050 0.417
202209 0.269 126.890 0.273
202212 0.363 124.940 0.374
202303 0.373 124.720 0.385
202306 0.375 125.830 0.383
202309 0.320 127.160 0.324
202312 0.401 126.450 0.408
202403 0.366 128.580 0.366

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


PostNL NV  (LTS:0P47) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PostNL NV was 23.62. The lowest was 0.38. And the median was 1.88.


Be Aware

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


PostNL NV Cyclically Adjusted Book per Share Related Terms

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


PostNL NV (LTS:0P47) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PostNL NV (LTS:0P47) » Definitions » Cyclically Adjusted Book per Share
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Address
Waldorpstraat 3, The Hague, NLD, 2521 CA
PostNL NV is based in the Netherlands, TNT is a integrated express shipping provider. Key strategic initiatives revolve around stabilizing mail segment profitability and capitalizing on positive express package and freight delivery trends in emerging markets. The company has two reportable segments-Parcels and Mail in the Netherlands. Majority of revenue is generated from Parcels segment. Geographically, the company operates in The Netherlands, Rest of Europe and Rest of the World.

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