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Dampskibsselskabet NORDEN A/S (STU:D69) Cyclically Adjusted PB Ratio : 1.72 (As of May. 22, 2024)


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What is Dampskibsselskabet NORDEN A/S Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Dampskibsselskabet NORDEN A/S's current share 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 for today is 1.72.

The historical rank and industry rank for Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:D69' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.84   Max: 2.71
Current: 1.7

During the past years, Dampskibsselskabet NORDEN A/S's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.35. And the median was 0.84.

STU:D69's Cyclically Adjusted PB Ratio is ranked worse than
63.12% of 705 companies
in the Transportation industry
Industry Median: 1.25 vs STU:D69: 1.70

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.

Dampskibsselskabet NORDEN A/S's adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dampskibsselskabet NORDEN A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dampskibsselskabet NORDEN A/S'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.

Dampskibsselskabet NORDEN A/S Cyclically Adjusted PB Ratio Chart

Dampskibsselskabet NORDEN A/S 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 0.54 0.59 0.94 2.20 1.67

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 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 2.40 1.78 2.04 1.67 1.44

Competitive Comparison of Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio

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 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.

Dampskibsselskabet NORDEN A/S's Cyclically Adjusted PB Ratio for 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.

Dampskibsselskabet NORDEN A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Dampskibsselskabet NORDEN A/S  (STU:D69) 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.


Dampskibsselskabet NORDEN A/S Cyclically Adjusted PB Ratio Related Terms

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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

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