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DSDVY (DSV AS) Cyclically Adjusted PB Ratio : 7.32 (As of Dec. 14, 2024)


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What is DSV AS Cyclically Adjusted PB Ratio?

As of today (2024-12-14), DSV AS's current share price is $108.40. DSV AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $14.81. DSV AS's Cyclically Adjusted PB Ratio for today is 7.32.

The historical rank and industry rank for DSV AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

DSDVY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.4   Med: 11.51   Max: 19.23
Current: 7.7

During the past years, DSV AS's highest Cyclically Adjusted PB Ratio was 19.23. The lowest was 5.40. And the median was 11.51.

DSDVY's Cyclically Adjusted PB Ratio is ranked worse than
95.16% of 682 companies
in the Transportation industry
Industry Median: 1.36 vs DSDVY: 7.70

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.

DSV AS's adjusted book value per share data for the three months ended in Sep. 2024 was $25.807. 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 $14.81 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DSV AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DSV AS's Cyclically Adjusted PB Ratio 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.

DSV AS Cyclically Adjusted PB Ratio Chart

DSV AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.04 13.25 14.94 7.70 6.88

DSV AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio 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 7.94 6.88 6.16 5.63 6.99

Competitive Comparison of DSV AS's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, DSV AS'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.


DSV AS's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DSV AS's Cyclically Adjusted PB Ratio falls into.



DSV AS Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

DSV AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=108.40/14.81
=7.32

* 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.

DSV AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, DSV AS's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=25.807/118.9000*118.9000
=25.807

Current CPI (Sep. 2024) = 118.9000.

DSV AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.953 99.400 3.532
201503 2.588 100.200 3.071
201506 2.842 100.300 3.369
201509 2.878 100.200 3.415
201512 4.685 99.800 5.582
201603 4.634 100.200 5.499
201606 4.847 100.600 5.729
201609 5.098 100.200 6.049
201612 5.128 100.300 6.079
201703 5.395 101.200 6.339
201706 5.871 101.200 6.898
201709 6.263 101.800 7.315
201712 6.408 101.300 7.521
201803 6.550 101.700 7.658
201806 6.522 102.300 7.580
201809 6.620 102.400 7.687
201812 6.236 102.100 7.262
201903 6.333 102.900 7.318
201906 6.595 102.900 7.620
201909 16.162 102.900 18.675
201912 16.063 102.900 18.561
202003 15.113 103.300 17.395
202006 15.725 103.200 18.117
202009 16.719 103.500 19.207
202012 17.135 103.400 19.704
202103 16.375 104.300 18.667
202106 16.538 105.000 18.727
202109 24.707 105.800 27.766
202112 24.040 106.600 26.814
202203 24.146 109.900 26.123
202206 24.478 113.600 25.620
202209 23.812 116.400 24.323
202212 23.476 115.900 24.084
202303 23.464 117.300 23.784
202306 23.856 116.400 24.368
202309 23.760 117.400 24.064
202312 24.029 116.700 24.482
202403 23.969 118.400 24.070
202406 24.592 118.500 24.675
202409 25.807 118.900 25.807

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


DSV AS  (OTCPK:DSDVY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


DSV AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of DSV AS's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


DSV AS Business Description

Industry
Address
Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021, and is due to acquire DB Schenker in 2025, which would make it the largest sea freight forwarder.

DSV AS Headlines

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