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Dampskibsselskabet NORDEN A/S (OCSE:DNORD) Cyclically Adjusted Book per Share : kr195.09 (As of Mar. 2024)


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What is Dampskibsselskabet NORDEN A/S 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.

Dampskibsselskabet NORDEN A/S's adjusted book value per share for the three months ended in Mar. 2024 was kr268.435. 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 kr195.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dampskibsselskabet NORDEN A/S's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.50% 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 Dampskibsselskabet NORDEN A/S was 1.00% per year. The lowest was -4.70% per year. And the median was -1.50% per year.

As of today (2024-06-14), Dampskibsselskabet NORDEN A/S's current stock price is kr300.60. Dampskibsselskabet NORDEN A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr195.09. Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dampskibsselskabet NORDEN A/S was 2.71. The lowest was 0.35. And the median was 0.84.


Dampskibsselskabet NORDEN A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dampskibsselskabet NORDEN A/S'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.

Dampskibsselskabet NORDEN A/S Cyclically Adjusted Book per Share Chart

Dampskibsselskabet NORDEN A/S 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 199.26 186.39 177.31 190.28 191.79

Dampskibsselskabet NORDEN A/S 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 192.22 190.74 192.77 191.79 195.09

Competitive Comparison of Dampskibsselskabet NORDEN A/S's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Dampskibsselskabet NORDEN A/S'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.


Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio falls into.



Dampskibsselskabet NORDEN A/S 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, Dampskibsselskabet NORDEN A/S'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)
=268.435/118.4000*118.4000
=268.435

Current CPI (Mar. 2024) = 118.4000.

Dampskibsselskabet NORDEN A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 201.637 99.700 239.457
201409 206.031 99.700 244.675
201412 169.939 99.400 202.422
201503 200.626 100.200 237.067
201506 200.681 100.300 236.896
201509 202.110 100.200 238.821
201512 144.970 99.800 171.988
201603 142.171 100.200 167.994
201606 136.548 100.600 160.709
201609 133.463 100.200 157.705
201612 139.663 100.300 164.866
201703 136.223 101.200 159.376
201706 129.793 101.200 151.853
201709 123.666 101.800 143.832
201712 129.663 101.300 151.551
201803 126.814 101.700 147.638
201806 135.900 102.300 157.288
201809 134.519 102.400 155.538
201812 135.810 102.100 157.492
201903 141.884 102.900 163.256
201906 137.568 102.900 158.290
201909 140.052 102.900 161.148
201912 146.903 102.900 169.031
202003 157.671 103.300 180.719
202006 155.781 103.200 178.725
202009 147.743 103.500 169.012
202012 145.988 103.400 167.166
202103 131.345 104.300 149.101
202106 113.190 105.000 127.635
202109 135.236 105.800 151.342
202112 177.812 106.600 197.495
202203 190.968 109.900 205.738
202206 247.702 113.600 258.168
202209 287.812 116.400 292.757
202212 276.884 115.900 282.856
202303 261.666 117.300 264.120
202306 263.404 116.400 267.930
202309 277.901 117.400 280.268
202312 259.361 116.700 263.139
202403 268.435 118.400 268.435

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


Dampskibsselskabet NORDEN A/S  (OCSE:DNORD) 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.

Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=300.60/195.09
=1.54

* 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 Dampskibsselskabet NORDEN A/S was 2.71. The lowest was 0.35. And the median was 0.84.


Be Aware

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


Dampskibsselskabet NORDEN A/S Cyclically Adjusted Book per Share Related Terms

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


Dampskibsselskabet NORDEN A/S (OCSE:DNORD) Business Description

Traded in Other Exchanges
Address
52, Strandvejen, Hellerup, DNK, DK-2900
Dampskibsselskabet NORDEN A/S is an independent shipping company. The company's operating segments include Assets & Logistics and Freight Services & Trading. Assets & Logistics is our business unit focusing on investments and Freight Services & Trading business unit is the combination of the dry operator and tanker operator business units. It generates maximum revenue from Freight Services & Trading.

Dampskibsselskabet NORDEN A/S (OCSE:DNORD) Headlines

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