The Descartes Systems Group (MEX:DSG N) Cyclically Adjusted Book per Share: MXN217.60 (As of Apr. 2026)

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MEX:DSG N The Descartes Systems Group Inc MEX:DSG N
88 GF Score
Price MXN1,264.95
GF Value MXN1,930.98
! 1 Warning Sign
View Full Analysis

What is The Descartes Systems Group Cyclically Adjusted Book per Share?

The Descartes Systems Group MEX:DSG N 88 Cyclically Adjusted Book per Share is MXN217.60 as of Apr. 2026. GuruFocus rates MEX:DSG N with a GF Score™ of 88/100 and a GF Value™ of MXN1,930.98. The stock has 1 warning sign 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 Descartes Systems Group's adjusted book value per share for the three months ended in Apr. 2026 was MXN332.369. 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 MXN217.60 for the trailing ten years ended in Apr. 2026.

During the past 12 months, The Descartes Systems Group's average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.00% 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 Descartes Systems Group was 17.80% per year. The lowest was -15.00% per year. And the median was 14.75% per year.

As of today (2026-08-13), The Descartes Systems Group's current stock price is MXN1264.95. The Descartes Systems Group's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was MXN217.60. The Descartes Systems Group's Cyclically Adjusted PB Ratio of today is 5.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Descartes Systems Group was 12.89. The lowest was 5.41. And the median was 8.79.


The Descartes Systems Group  (MEX:DSG N) 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 Descartes Systems Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1264.95/217.60
=5.81

* 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 Descartes Systems Group was 12.89. The lowest was 5.41. And the median was 8.79.


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 Descartes Systems Group Cyclically Adjusted Book per Share Related Terms


The Descartes Systems Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Descartes Systems Group'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 Descartes Systems Group Cyclically Adjusted Book per Share Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.82 142.13 135.18 107.15 200.89

The Descartes Systems Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 129.13 132.47 161.04 200.89 217.60

MEX:DSG N vs QH, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, The Descartes Systems Group'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 Descartes Systems Group Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, The Descartes Systems Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Descartes Systems Group's Cyclically Adjusted PB Ratio falls into.


MEX:DSG N
88GF Score
The Descartes Systems Group Inc MEX:DSG N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Descartes Systems Group 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 Descartes Systems Group's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=332.369/132.7364*132.7364
=332.369

Current CPI (Apr. 2026) = 132.7364.

The Descartes Systems Group Quarterly Data

Book Value per Share CPI Adj_Book
201607 103.815 101.844 135.306
201610 104.501 102.002 135.989
201701 118.243 102.318 153.396
201704 109.212 103.029 140.703
201707 107.352 103.029 138.306
201710 119.967 103.424 153.968
201801 120.988 104.056 154.336
201804 124.566 105.320 156.992
201807 124.769 106.110 156.077
201810 137.737 105.952 172.556
201901 132.240 105.557 166.290
201904 135.045 107.453 166.820
201907 179.798 108.243 220.482
201910 184.286 107.927 226.648
202001 184.444 108.085 226.510
202004 232.916 107.216 288.356
202007 225.203 108.401 275.759
202010 219.291 108.638 267.934
202101 218.400 109.192 265.493
202104 225.085 110.851 269.524
202107 225.793 112.431 266.572
202110 240.676 113.695 280.984
202201 243.443 114.801 281.476
202204 243.614 118.357 273.212
202207 249.392 120.964 273.663
202210 245.278 121.517 267.924
202301 243.650 121.596 265.973
202304 239.382 123.571 257.137
202307 230.610 124.914 245.051
202310 251.791 125.310 266.714
202401 249.636 125.072 264.933
202404 253.107 126.890 264.770
202407 285.395 128.075 295.783
202410 317.608 127.838 329.778
202501 333.753 127.443 347.616
202504 331.598 129.102 340.933
202507 328.082 130.290 334.242
202510 334.682 130.603 340.149
202601 326.509 130.366 332.446
202604 332.369 132.736 332.369

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 MXN217.60 mean?
The Descartes Systems Group (MEX:DSG N) has a Cyclically Adjusted Book per Share of MXN217.60 as of Apr. 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 Descartes Systems Group and its competitors.
Is The Descartes Systems Group's Cyclically Adjusted Book per Share too high?
The Descartes Systems Group's current Cyclically Adjusted Book per Share is MXN217.60. Overall, The Descartes Systems Group has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Cyclically Adjusted Book per Share compare to QH and SHOP?
The Descartes Systems Group's Cyclically Adjusted Book per Share of MXN217.60 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Descartes Systems Group and its competitors. The Descartes Systems Group's current Cyclically Adjusted Book per Share is MXN217.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
The Descartes Systems Group (MEX:DSG N) has a current Cyclically Adjusted Book per Share of MXN217.60. The stock's GF Value™ is MXN1,930.98, compared to a current price of MXN1,264.95 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN217.60. The Descartes Systems Group's overall GF Score™ is 88/100 with 1 warning sign 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 Descartes Systems Group (MEX:DSG N), the current Cyclically Adjusted Book per Share is MXN217.60 as of Apr. 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 Descartes Systems Group (MEX:DSG N) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of MXN1,264.95 is trading 34.5% below its estimated GF Value™ of MXN1,930.98.

Key valuation signals for MEX:DSG N:

  • Cyclically Adjusted Book per Share: MXN217.60
  • GF Value™: MXN1,930.98 vs. price of MXN1,264.95 (34.5% below fair value)
  • GF Score™: 88/100 with 1 warning sign

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


The Descartes Systems Group Business Description

Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
88GF Score

Get the complete analysis for MEX:DSG N

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

MXN1,264.95
Price
MXN1,930.98
GF Value