GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dampskibsselskabet NORDEN A/S (STU:D69) » Definitions » Cyclically Adjusted Book per Share

Dampskibsselskabet NORDEN A/S (STU:D69) Cyclically Adjusted Book per Share : €26.48 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

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 €36.001. 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 €26.48 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 (2024-05-22), Dampskibsselskabet NORDEN A/S's current stock price is €45.44. Dampskibsselskabet NORDEN A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.48. Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio of today is 1.72.

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 26.46 24.93 23.68 25.70 25.45

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 25.86 25.23 26.10 25.45 26.48

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)
=36.001/118.4000*118.4000
=36.001

Current CPI (Mar. 2024) = 118.4000.

Dampskibsselskabet NORDEN A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.051 99.700 32.125
201409 27.682 99.700 32.874
201412 22.837 99.400 27.202
201503 26.884 100.200 31.767
201506 26.904 100.300 31.759
201509 27.101 100.200 32.024
201512 19.420 99.800 23.039
201603 19.059 100.200 22.521
201606 18.355 100.600 21.603
201609 17.912 100.200 21.165
201612 18.774 100.300 22.162
201703 18.312 101.200 21.424
201706 17.449 101.200 20.415
201709 16.613 101.800 19.322
201712 17.423 101.300 20.364
201803 17.027 101.700 19.823
201806 18.238 102.300 21.108
201809 18.030 102.400 20.847
201812 18.204 102.100 21.110
201903 19.008 102.900 21.871
201906 18.412 102.900 21.185
201909 18.760 102.900 21.586
201912 19.666 102.900 22.628
202003 21.094 103.300 24.177
202006 20.891 103.200 23.968
202009 19.863 103.500 22.723
202012 19.623 103.400 22.470
202103 17.658 104.300 20.045
202106 15.220 105.000 17.162
202109 18.187 105.800 20.353
202112 23.912 106.600 26.559
202203 25.679 109.900 27.665
202206 33.282 113.600 34.688
202209 38.671 116.400 39.335
202212 37.218 115.900 38.021
202303 35.154 117.300 35.484
202306 35.379 116.400 35.987
202309 37.264 117.400 37.581
202312 34.798 116.700 35.305
202403 36.001 118.400 36.001

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  (STU:D69) 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
=45.44/26.48
=1.72

* 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 (STU:D69) 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 (STU:D69) Headlines

No Headlines