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DO AG (WBO:DOC) Cyclically Adjusted Book per Share : €22.76 (As of Dec. 2023)


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What is DO AG 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.

DO AG's adjusted book value per share for the three months ended in Dec. 2023 was €24.664. 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 €22.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, DO AG's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 DO AG was 3.90% per year. The lowest was 2.70% per year. And the median was 2.90% per year.

As of today (2024-04-29), DO AG's current stock price is €144.80. DO AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €22.76. DO AG's Cyclically Adjusted PB Ratio of today is 6.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DO AG was 6.42. The lowest was 1.54. And the median was 3.94.


DO AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for DO AG'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.

DO AG Cyclically Adjusted Book per Share Chart

DO AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.13 19.76 19.94 20.83 22.16

DO AG 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 21.79 22.16 22.40 22.59 22.76

Competitive Comparison of DO AG's Cyclically Adjusted Book per Share

For the Airports & Air Services subindustry, DO AG'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.


DO AG's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



DO AG 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, DO AG'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)
=24.664/132.0288*132.0288
=24.664

Current CPI (Dec. 2023) = 132.0288.

DO AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.667 99.044 23.551
201406 18.738 99.496 24.865
201409 18.910 99.586 25.070
201412 20.041 99.676 26.546
201503 20.671 99.992 27.294
201506 21.111 100.492 27.736
201509 20.553 100.292 27.057
201512 21.448 100.692 28.123
201603 20.949 100.692 27.469
201606 21.627 101.092 28.246
201609 21.226 101.192 27.694
201612 21.427 102.092 27.710
201703 21.031 102.592 27.066
201706 20.939 102.991 26.843
201709 20.354 103.591 25.941
201712 20.538 104.291 26.000
201803 20.606 104.491 26.036
201806 20.794 105.091 26.124
201809 19.775 105.691 24.703
201812 21.091 106.291 26.198
201903 21.530 106.391 26.718
201906 21.734 106.791 26.870
201909 22.312 106.991 27.533
201912 22.555 108.091 27.550
202003 16.649 108.024 20.349
202006 13.712 107.915 16.776
202009 10.933 108.348 13.323
202012 10.822 109.321 13.070
202103 12.057 110.186 14.447
202106 12.887 110.943 15.336
202109 13.502 111.916 15.928
202112 13.246 113.971 15.345
202203 11.712 117.647 13.144
202206 13.878 120.567 15.197
202209 15.211 123.811 16.221
202212 15.250 125.541 16.038
202303 17.184 128.461 17.661
202306 20.109 130.191 20.393
202309 23.529 131.272 23.665
202312 24.664 132.029 24.664

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


DO AG  (WBO:DOC) 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.

DO AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=144.80/22.76
=6.36

* 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 DO AG was 6.42. The lowest was 1.54. And the median was 3.94.


Be Aware

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


DO AG Cyclically Adjusted Book per Share Related Terms

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


DO AG (WBO:DOC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DO & Co AG (WBO:DOC) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Stephansplatz 12, Vienna, AUT, AT-1010
DO & Co AG is a gourmet entertainment company with its primary business in Austria. The company operates restaurants, bars, and hotels and provides international catering and airline catering services. The company is active in three main divisions: airline catering, international events catering, and restaurants, lounges and hotel. The airline division is the primary source of revenue. This segment consists of providing fresh meals for passengers across multiple airlines, such as Austrian Airlines, Turkish Airlines, African Airways, and Oman Air. The international event catering division consists of managing the menu and providing food for sporting events worldwide.
Executives
Attila Dogudan Board of Directors