GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DuPont de Nemours Inc (NYSE:DD) » Definitions » Cyclically Adjusted Book per Share

DuPont de Nemours (DuPont de Nemours) Cyclically Adjusted Book per Share : $81.78 (As of Dec. 2023)


View and export this data going back to 1947. Start your Free Trial

What is DuPont de Nemours 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.

DuPont de Nemours's adjusted book value per share for the three months ended in Dec. 2023 was $56.448. 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 $81.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, DuPont de Nemours's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 DuPont de Nemours was 8.40% per year. The lowest was -1.00% per year. And the median was 2.70% per year.

As of today (2024-04-28), DuPont de Nemours's current stock price is $73.71. DuPont de Nemours's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $81.78. DuPont de Nemours's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DuPont de Nemours was 1.83. The lowest was 0.45. And the median was 1.12.


DuPont de Nemours Cyclically Adjusted Book per Share Historical Data

The historical data trend for DuPont de Nemours'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.

DuPont de Nemours Cyclically Adjusted Book per Share Chart

DuPont de Nemours Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.59 71.49 75.68 79.83 81.78

DuPont de Nemours Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 79.83 81.27 82.02 82.52 81.78

Competitive Comparison of DuPont de Nemours's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, DuPont de Nemours'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.


DuPont de Nemours's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DuPont de Nemours's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DuPont de Nemours's Cyclically Adjusted PB Ratio falls into.



DuPont de Nemours 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, DuPont de Nemours's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=56.448/129.4194*129.4194
=56.448

Current CPI (Dec. 2023) = 129.4194.

DuPont de Nemours Quarterly Data

Book Value per Share CPI Adj_Book
201403 56.661 99.695 73.555
201406 57.164 100.560 73.570
201409 55.316 100.428 71.285
201412 47.745 99.070 62.372
201503 47.456 99.621 61.651
201506 50.804 100.684 65.304
201509 52.648 100.392 67.871
201512 57.409 99.792 74.453
201603 57.709 100.470 74.337
201606 66.388 101.688 84.493
201609 66.976 101.861 85.096
201612 64.370 101.863 81.784
201703 66.448 102.862 83.604
201706 69.691 103.349 87.271
201709 132.016 104.136 164.069
201712 129.328 104.011 160.921
201803 130.909 105.290 160.910
201806 127.774 106.317 155.539
201809 128.276 106.507 155.872
201812 124.671 105.998 152.219
201903 123.461 107.251 148.981
201906 56.200 108.070 67.303
201909 55.669 108.329 66.507
201912 55.495 108.420 66.244
202003 53.899 108.902 64.054
202006 50.428 108.767 60.003
202009 51.181 109.815 60.318
202012 52.443 109.897 61.759
202103 51.097 111.754 59.174
202106 51.229 114.631 57.838
202109 51.405 115.734 57.483
202112 51.648 117.630 56.825
202203 51.474 121.301 54.919
202206 50.965 125.017 52.760
202209 50.145 125.227 51.824
202212 57.995 125.222 59.939
202303 58.248 127.348 59.196
202306 56.910 128.729 57.215
202309 56.259 129.860 56.068
202312 56.448 129.419 56.448

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


DuPont de Nemours  (NYSE:DD) 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.

DuPont de Nemours's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=73.71/81.78
=0.90

* 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 DuPont de Nemours was 1.83. The lowest was 0.45. And the median was 1.12.


Be Aware

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


DuPont de Nemours Cyclically Adjusted Book per Share Related Terms

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


DuPont de Nemours (DuPont de Nemours) Business Description

Industry
Address
974 Centre Road, Building 730, Wilmington, DE, USA, 19805
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.
Executives
Raj Ratnakar officer: SVP & Chief Strategy Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Jon D. Kemp officer: President, Electronics & Indus 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Michael G. Goss officer: Controller 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kristina M Johnson director 19 HEATH PL, DURHAM NC 27705
Amy G. Brady director 127 PUBLIC SQUARE, CLEVELAND OH 44114
Deanna Mulligan director 7 HANOVER SQUARE, NEW YORK NY 10004
Du Pont Eleuthere I director 1007 MARKET STREET, WILMINGTON DE 19810
Raymond J Milchovich director C/O FOSTER WHEELER LTD, PERRYVILLE CORP PARK, CLINTON NJ 08809-4000
Kissam Luther C Iv director 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Ruby R Chandy director 630 DUNDEE ROAD, SUITE 400, NORTHBROOK IL 60062
Frederick M. Lowery director 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Steven Sterin director 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Terrence R Curtin director C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
Alexander M Cutler director EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Leland Weaver officer: President, Water & Protection 974 CENTRE ROAD, CRP 730, 5216, WILMINGTON DE 19805