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DHL Group (DHL Group) Cyclically Adjusted Book per Share : $14.81 (As of Dec. 2023)


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What is DHL Group 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.

DHL Group's adjusted book value per share for the three months ended in Dec. 2023 was $20.755. 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 Dec. 2023.

During the past 12 months, DHL Group's average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 DHL Group was 12.30% per year. The lowest was 2.40% per year. And the median was 5.30% per year.

As of today (2024-04-27), DHL Group's current stock price is $41.71. DHL Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.81. DHL Group's Cyclically Adjusted PB Ratio of today is 2.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DHL Group was 5.98. The lowest was 2.21. And the median was 3.47.


DHL Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for DHL Group'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.

DHL Group Cyclically Adjusted Book per Share Chart

DHL Group 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 10.40 11.67 11.75 12.81 14.81

DHL Group 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 12.81 13.67 14.12 13.94 14.81

Competitive Comparison of DHL Group's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, DHL Group'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.


DHL Group's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



DHL Group 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, DHL Group'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)
=20.755/123.6675*123.6675
=20.755

Current CPI (Dec. 2023) = 123.6675.

DHL Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.317 99.543 14.060
201406 9.877 99.543 12.271
201409 8.973 99.823 11.116
201412 9.557 99.543 11.873
201503 8.171 99.717 10.134
201506 9.813 100.417 12.085
201509 9.391 100.417 11.565
201512 9.924 99.717 12.308
201603 9.478 100.017 11.719
201606 8.530 100.717 10.474
201609 7.735 101.017 9.469
201612 9.655 101.217 11.797
201703 10.387 101.417 12.666
201706 10.421 102.117 12.620
201709 10.993 102.717 13.235
201712 12.216 102.617 14.722
201803 12.922 102.917 15.527
201806 11.491 104.017 13.662
201809 11.957 104.718 14.121
201812 12.540 104.217 14.880
201903 12.945 104.217 15.361
201906 11.121 105.718 13.009
201909 10.897 106.018 12.711
201912 12.696 105.818 14.838
202003 12.877 105.718 15.063
202006 13.011 106.618 15.092
202009 12.469 105.818 14.572
202012 13.527 105.518 15.854
202103 16.159 107.518 18.586
202106 15.566 108.486 17.744
202109 16.575 109.435 18.731
202112 17.577 110.384 19.692
202203 19.192 113.968 20.825
202206 18.959 115.760 20.254
202209 19.024 118.818 19.800
202212 20.534 119.345 21.278
202303 21.323 122.402 21.543
202306 19.987 123.140 20.073
202309 20.788 124.195 20.700
202312 20.755 123.668 20.755

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


DHL Group  (OTCPK:DHLGY) 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.

DHL Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.71/14.81
=2.82

* 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 DHL Group was 5.98. The lowest was 2.21. And the median was 3.47.


Be Aware

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


DHL Group Cyclically Adjusted Book per Share Related Terms

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


DHL Group (DHL Group) Business Description

Industry
Address
Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the largest parcel-shipping and third-party logistics providers globally. Its DHL divisions (international express shipping, air and ocean freight forwarding, contract logistics, and e-commerce solutions) generated 83% of revenue in 2022. Roughly 17% of revenue comes from the Post and Parcel Germany division, which includes the legacy postal business and the German small-package delivery business.

DHL Group (DHL Group) Headlines

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