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DFDS AS (LTS:0RB3) Cyclically Adjusted PB Ratio : 0.71 (As of Jan. 18, 2025)


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What is DFDS AS Cyclically Adjusted PB Ratio?

As of today (2025-01-18), DFDS AS's current share price is kr132.80. DFDS AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr185.96. DFDS AS's Cyclically Adjusted PB Ratio for today is 0.71.

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

LTS:0RB3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.15   Max: 4.15
Current: 0.74

During the past years, DFDS AS's highest Cyclically Adjusted PB Ratio was 4.15. The lowest was 0.68. And the median was 2.15.

LTS:0RB3's Cyclically Adjusted PB Ratio is ranked better than
73.1% of 684 companies
in the Transportation industry
Industry Median: 1.31 vs LTS:0RB3: 0.74

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.

DFDS AS's adjusted book value per share data for the three months ended in Sep. 2024 was kr260.011. 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 kr185.96 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DFDS AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DFDS 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.

DFDS AS Cyclically Adjusted PB Ratio Chart

DFDS 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 2.84 2.27 2.59 1.63 1.30

DFDS 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 1.38 1.30 1.13 1.09 0.93

Competitive Comparison of DFDS AS's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, DFDS 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.


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

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

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



DFDS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=132.80/185.96
=0.71

* 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.

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

For example, DFDS 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)
=260.011/118.9000*118.9000
=260.011

Current CPI (Sep. 2024) = 118.9000.

DFDS AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 100.064 99.400 119.694
201503 96.958 100.200 115.053
201506 100.564 100.300 119.213
201509 107.578 100.200 127.655
201512 109.231 99.800 130.136
201603 101.272 100.200 120.172
201606 104.777 100.600 123.837
201609 108.188 100.200 128.379
201612 116.319 100.300 137.890
201703 105.468 101.200 123.914
201706 112.875 101.200 132.617
201709 116.779 101.800 136.395
201712 120.118 101.300 140.987
201803 116.204 101.700 135.857
201806 139.799 102.300 162.484
201809 151.308 102.400 175.689
201812 160.491 102.100 186.899
201903 152.860 102.900 176.628
201906 162.676 102.900 187.971
201909 175.988 102.900 203.353
201912 179.618 102.900 207.547
202003 179.801 103.300 206.954
202006 179.949 103.200 207.325
202009 182.378 103.500 209.514
202012 183.196 103.400 210.658
202103 187.796 104.300 214.084
202106 190.463 105.000 215.677
202109 193.617 105.800 217.590
202112 199.549 106.600 222.574
202203 197.870 109.900 214.074
202206 210.200 113.600 220.007
202209 220.346 116.400 225.079
202212 227.459 115.900 233.347
202303 224.213 117.300 227.271
202306 233.665 116.400 238.684
202309 244.435 117.400 247.558
202312 245.963 116.700 250.600
202403 242.976 118.400 244.002
202406 249.682 118.500 250.525
202409 260.011 118.900 260.011

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.


DFDS AS  (LTS:0RB3) 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.


DFDS AS Cyclically Adjusted PB Ratio Related Terms

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


DFDS AS Business Description

Industry
Address
Marmorvej 18, Copenhagen, DNK, DK-2100
DFDS AS is a transportation and logistics company domiciled in Denmark. The two main divisions are the ferry division and the logistics division. The ferry division operates ferry routes around Europe transporting freight, passenger, and passenger cruise ferries. The logistics division provides transport solutions for full and part loads as well as contracts logistics solutions, including warehousing. Its main customers include manufacturers of industrial goods. The company generates the majority of its revenue from the ferry division. It has a presence in geographical markets such as the North Sea, Baltic Sea, English Channel, Mediterranean, continental Europe, Nordic nations, and the United Kingdom/Ireland.

DFDS AS Headlines

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