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Duro Dakovic Grupa Dionicko Drustvo (ZAG:DDJH) Cyclically Adjusted Book per Share : €30.50 (As of Sep. 2023)


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What is Duro Dakovic Grupa Dionicko Drustvo 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.

Duro Dakovic Grupa Dionicko Drustvo's adjusted book value per share for the three months ended in Sep. 2023 was €1.513. 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 €30.50 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Duro Dakovic Grupa Dionicko Drustvo's average Cyclically Adjusted Book Growth Rate was -45.80% 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.

As of today (2024-05-26), Duro Dakovic Grupa Dionicko Drustvo's current stock price is €21.00. Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €30.50. Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Duro Dakovic Grupa Dionicko Drustvo was 1.03. The lowest was 0.21. And the median was 0.71.


Duro Dakovic Grupa Dionicko Drustvo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Duro Dakovic Grupa Dionicko Drustvo'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.

Duro Dakovic Grupa Dionicko Drustvo Cyclically Adjusted Book per Share Chart

Duro Dakovic Grupa Dionicko Drustvo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 100.09 31.75

Duro Dakovic Grupa Dionicko Drustvo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 56.29 31.75 31.45 30.99 30.50

Competitive Comparison of Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Duro Dakovic Grupa Dionicko Drustvo'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.


Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted PB Ratio falls into.



Duro Dakovic Grupa Dionicko Drustvo 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, Duro Dakovic Grupa Dionicko Drustvo's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.513/129.8595*129.8595
=1.513

Current CPI (Sep. 2023) = 129.8595.

Duro Dakovic Grupa Dionicko Drustvo Quarterly Data

Book Value per Share CPI Adj_Book
201312 272.465 98.326 359.846
201403 233.110 99.695 303.643
201406 151.200 100.560 195.255
201409 92.052 100.428 119.029
201412 125.444 99.070 164.431
201503 94.291 99.621 122.912
201506 68.490 100.684 88.337
201509 47.391 100.392 61.302
201512 8.159 99.792 10.617
201603 -11.020 100.470 -14.244
201606 307.417 101.688 392.583
201609 -8.397 101.861 -10.705
201612 133.695 101.863 170.441
201703 147.762 102.862 186.544
201706 140.795 103.349 176.911
201709 391.342 104.136 488.013
201712 123.323 104.011 153.971
201803 128.132 105.290 158.032
201806 122.036 106.317 149.060
201809 105.690 106.507 128.864
201812 70.730 105.998 86.652
201903 64.259 107.251 77.805
201906 49.278 108.070 59.214
201909 19.117 108.329 22.916
201912 -170.295 108.420 -203.970
202003 -167.504 108.902 -199.740
202006 -200.623 108.767 -239.528
202009 -209.757 109.815 -248.044
202012 -256.234 109.897 -302.779
202103 -244.310 111.754 -283.890
202106 -283.436 114.631 -321.089
202109 -332.911 115.734 -373.542
202112 -379.735 117.630 -419.216
202203 1.237 121.301 1.324
202206 0.000 125.017 0.000
202209 119.596 125.227 124.021
202212 0.166 125.222 0.172
202303 1.414 127.348 1.442
202306 1.486 128.729 1.499
202309 1.513 129.860 1.513

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


Duro Dakovic Grupa Dionicko Drustvo  (ZAG:DDJH) 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.

Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.00/30.5
=0.69

* 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 Duro Dakovic Grupa Dionicko Drustvo was 1.03. The lowest was 0.21. And the median was 0.71.


Be Aware

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


Duro Dakovic Grupa Dionicko Drustvo Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Duro Dakovic Grupa Dionicko Drustvo's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Duro Dakovic Grupa Dionicko Drustvo (ZAG:DDJH) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Mile Budaka 1, Slavonski Brod, HRV, 35000
Duro Dakovic Grupa Dionicko Drustvo is a Croatia based company engaged in multiple businesses. Its operates in Defence, Transport and Industry and Energetics sectors. The company offers battle tanks and combat vehicles, freight wagons, pressure equipment, large components, steel structures and valves for the oil industry among other products.

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