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DuPont de Nemours (FRA:6D81) Cyclically Adjusted Book per Share : €73.82 (As of Dec. 2023)


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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 €51.763. 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 €73.82 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 (2024-04-27), DuPont de Nemours's current stock price is €68.46. DuPont de Nemours's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €73.82. DuPont de Nemours's Cyclically Adjusted PB Ratio of today is 0.93.

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 62.42 56.80 66.74 74.55 73.82

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 74.55 73.17 74.60 77.84 73.82

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)
=51.763/129.4194*129.4194
=51.763

Current CPI (Dec. 2023) = 129.4194.

DuPont de Nemours Quarterly Data

Book Value per Share CPI Adj_Book
201403 40.966 99.695 53.180
201406 42.073 100.560 54.148
201409 42.925 100.428 55.317
201412 38.721 99.070 50.583
201503 43.849 99.621 56.965
201506 45.266 100.684 58.185
201509 46.910 100.392 60.474
201512 52.701 99.792 68.347
201603 51.822 100.470 66.754
201606 59.085 101.688 75.198
201609 59.675 101.861 75.820
201612 61.023 101.863 77.531
201703 62.129 102.862 78.170
201706 62.025 103.349 77.671
201709 110.762 104.136 137.655
201712 109.282 104.011 135.978
201803 106.167 105.290 130.498
201806 109.375 106.317 133.142
201809 109.932 106.507 133.582
201812 109.586 105.998 133.800
201903 109.263 107.251 131.848
201906 49.737 108.070 59.563
201909 50.547 108.329 60.388
201912 49.946 108.420 59.620
202003 48.779 108.902 57.969
202006 44.780 108.767 53.283
202009 43.453 109.815 51.210
202012 43.108 109.897 50.766
202103 42.921 111.754 49.706
202106 42.520 114.631 48.005
202109 43.694 115.734 48.861
202112 45.708 117.630 50.289
202203 46.738 121.301 49.866
202206 48.213 125.017 49.911
202209 50.647 125.227 52.343
202212 54.747 125.222 56.582
202303 54.404 127.348 55.289
202306 52.527 128.729 52.809
202309 52.715 129.860 52.536
202312 51.763 129.419 51.763

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


DuPont de Nemours  (FRA:6D81) 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
=68.46/73.82
=0.93

* 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 (FRA:6D81) 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.

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