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Koninklijke Ahold Delhaize NV (WBO:AD) Cyclically Adjusted Book per Share : €14.93 (As of Dec. 2024)


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What is Koninklijke Ahold Delhaize 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.

Koninklijke Ahold Delhaize NV's adjusted book value per share for the three months ended in Dec. 2024 was €16.916. 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 €14.93 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Koninklijke Ahold Delhaize NV's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 Koninklijke Ahold Delhaize NV was 11.50% per year. The lowest was 9.80% per year. And the median was 11.15% per year.

As of today (2025-05-07), Koninklijke Ahold Delhaize NV's current stock price is €36.56. Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €14.93. Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio of today is 2.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Koninklijke Ahold Delhaize NV was 3.23. The lowest was 1.89. And the median was 2.42.


Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Koninklijke Ahold Delhaize 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.

Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Chart

Koninklijke Ahold Delhaize NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 11.05 12.91 13.54 14.93

Koninklijke Ahold Delhaize NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.54 13.99 14.38 14.80 14.93

Competitive Comparison of Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize 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.


Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Koninklijke Ahold Delhaize 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, Koninklijke Ahold Delhaize NV's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=16.916/131.6300*131.6300
=16.916

Current CPI (Dec. 2024) = 131.6300.

Koninklijke Ahold Delhaize NV Quarterly Data

Book Value per Share CPI Adj_Book
201503 6.463 99.750 8.529
201506 6.485 100.230 8.517
201509 6.802 100.500 8.909
201512 7.298 99.730 9.632
201603 6.691 100.310 8.780
201606 5.784 100.260 7.594
201609 11.950 100.570 15.641
201612 12.793 100.710 16.721
201703 12.850 101.440 16.674
201706 12.028 101.370 15.618
201709 12.023 102.030 15.511
201712 11.886 101.970 15.343
201803 12.359 102.470 15.876
201806 12.398 103.100 15.829
201809 12.643 103.950 16.010
201812 12.569 103.970 15.913
201903 13.010 105.370 16.252
201906 12.932 105.840 16.083
201909 12.689 106.700 15.654
201912 12.944 106.800 15.953
202003 13.314 106.850 16.402
202006 13.442 107.510 16.458
202009 12.578 107.880 15.347
202012 11.874 107.850 14.492
202103 12.684 108.870 15.336
202106 12.619 109.670 15.146
202109 12.849 110.790 15.266
202112 13.566 114.010 15.663
202203 14.361 119.460 15.824
202206 15.263 119.050 16.876
202209 16.167 126.890 16.771
202212 15.762 124.940 16.606
202303 16.108 124.720 17.000
202306 15.641 125.830 16.362
202309 16.058 127.160 16.622
202312 15.597 126.450 16.236
202403 16.249 128.580 16.634
202406 16.272 129.910 16.487
202409 15.582 131.610 15.584
202412 16.916 131.630 16.916

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


Koninklijke Ahold Delhaize NV  (WBO:AD) 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.56/14.93
=2.45

* 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 Koninklijke Ahold Delhaize NV was 3.23. The lowest was 1.89. And the median was 2.42.


Be Aware

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


Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Related Terms

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


Koninklijke Ahold Delhaize NV Business Description

Address
Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the US and a top player in many parts of Europe. The US is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The US store network stretches from Maine to Georgia and includes such banners as Stop & Shop, The Giant Company, Giant Food, Food Lion, and Hannaford. The Netherlands, Belgium, and Central and SouthEastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in almost all of these countries.

Koninklijke Ahold Delhaize NV Headlines

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