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Digital Realty Trust (MEX:DLR) Cyclically Adjusted Book per Share : MXN981.68 (As of Sep. 2024)


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What is Digital Realty Trust 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 Realty Trust's adjusted book value per share for the three months ended in Sep. 2024 was MXN1,219.070. 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 MXN981.68 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Digital Realty Trust's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.30% 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 Realty Trust was 16.70% per year. The lowest was 7.30% per year. And the median was 14.35% per year.

As of today (2025-01-18), Digital Realty Trust's current stock price is MXN3671.00. Digital Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was MXN981.68. Digital Realty Trust's Cyclically Adjusted PB Ratio of today is 3.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Digital Realty Trust was 6.31. The lowest was 1.97. And the median was 4.43.


Digital Realty Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Digital Realty Trust'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 Realty Trust Cyclically Adjusted Book per Share Chart

Digital Realty Trust 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 - - 770.37 879.82 824.56

Digital Realty Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 790.28 824.56 804.95 868.58 981.68

Competitive Comparison of Digital Realty Trust's Cyclically Adjusted Book per Share

For the REIT - Specialty subindustry, Digital Realty Trust'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 Realty Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Digital Realty Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Digital Realty Trust 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 Realty Trust's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1219.07/133.0289*133.0289
=1,219.070

Current CPI (Sep. 2024) = 133.0289.

Digital Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201412 307.791 99.070 413.296
201503 310.677 99.621 414.862
201506 323.401 100.684 427.295
201509 336.566 100.392 445.984
201512 377.062 99.792 502.645
201603 365.470 100.470 483.904
201606 377.741 101.688 494.163
201609 504.385 101.861 658.719
201612 529.373 101.863 691.341
201703 474.266 102.862 613.355
201706 463.655 103.349 596.807
201709 814.457 104.136 1,040.435
201712 869.762 104.011 1,112.415
201803 794.591 105.290 1,003.933
201806 847.833 106.317 1,060.851
201809 795.901 106.507 994.096
201812 818.886 105.998 1,027.714
201903 804.509 107.251 997.878
201906 780.314 108.070 960.533
201909 789.153 108.329 969.083
201912 762.422 108.420 935.474
202003 1,336.611 108.902 1,632.741
202006 1,337.297 108.767 1,635.594
202009 1,319.434 109.815 1,598.352
202012 1,189.926 109.897 1,440.393
202103 1,211.239 111.754 1,441.821
202106 1,178.144 114.631 1,367.227
202109 1,198.341 115.734 1,377.413
202112 1,245.841 117.630 1,408.940
202203 1,186.725 121.301 1,301.463
202206 1,159.239 125.017 1,233.533
202209 1,142.656 125.227 1,213.851
202212 1,128.428 125.222 1,198.781
202303 1,019.799 127.348 1,065.293
202306 967.640 128.729 999.964
202309 1,004.157 129.860 1,028.665
202312 1,001.534 129.419 1,029.467
202403 971.493 131.776 980.728
202406 1,113.413 132.554 1,117.404
202409 1,219.070 133.029 1,219.070

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


Digital Realty Trust  (MEX:DLR) 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 Realty Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3671.00/981.68
=3.74

* 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 Realty Trust was 6.31. The lowest was 1.97. And the median was 4.43.


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 Realty Trust Cyclically Adjusted Book per Share Related Terms

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


Digital Realty Trust Business Description

Industry
Address
5707 Southwest Parkway, Building 1, Suite 275, Austin, TX, USA, 78735
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.