GURUFOCUS.COM » STOCK LIST » Europe » Denmark » OCSE » DSV AS (OCSE:DSV) » Definitions » PE Ratio
Switch to:

DSV AS (OCSE:DSV) PE Ratio

: 19.89 (As of Today)
View and export this data going back to 1993. Start your Free Trial

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-02-21), DSV AS's share price is kr1135.50. DSV AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was kr57.10. Therefore, DSV AS's PE Ratio for today is 19.89.


The historical rank and industry rank for DSV AS's PE Ratio or its related term are showing as below:

OCSE:DSV' s PE Ratio Range Over the Past 10 Years
Min: 12.22   Med: 25.44   Max: 77.67
Current: 20.07


During the past 13 years, the highest PE Ratio of DSV AS was 77.67. The lowest was 12.22. And the median was 25.44.


OCSE:DSV's PE Ratio is ranked worse than
65.35% of 785 companies
in the Transportation industry
Industry Median: 14.06 vs OCSE:DSV: 20.07

DSV AS's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was kr13.70. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was kr57.10.

As of today (2024-02-21), DSV AS's share price is kr1135.50. DSV AS's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was kr101.00. Therefore, DSV AS's PE Ratio without NRI for today is 11.24.

During the past 13 years, DSV AS's highest PE Ratio without NRI was 52.63. The lowest was 8.02. And the median was 23.36.

DSV AS's EPS without NRI for the three months ended in Dec. 2023 was kr-4.40. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was kr101.00.

During the past 12 months, DSV AS's average EPS without NRI Growth Rate was -27.90% per year. During the past 3 years, the average EPS without NRI Growth Rate was 30.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 31.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was 22.90% per year.

During the past 13 years, DSV AS's highest 3-Year average EPS without NRI Growth Rate was 97.00% per year. The lowest was -32.30% per year. And the median was 20.40% per year.

DSV AS's EPS (Basic) for the three months ended in Dec. 2023 was kr13.90. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was kr57.70.


DSV AS PE Ratio Historical Data

The historical data trend for DSV AS's PE 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.

DSV AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.73 55.43 31.69 14.39 20.76

DSV AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 14.39 18.25 21.52 21.84 20.76

Competitive Comparison

For the Integrated Freight & Logistics subindustry, DSV AS's PE Ratio, along with its competitors' market caps and PE 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.


DSV AS PE Ratio Distribution

For the Transportation industry and Industrials sector, DSV AS's PE Ratio distribution charts can be found below:

* The bar in red indicates where DSV AS's PE Ratio falls into.



DSV AS PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

DSV AS's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=1135.50/57.100
=19.89

DSV AS's Share Price of today is kr1135.50.
DSV AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr57.10.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


DSV AS  (OCSE:DSV) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


DSV AS PE Ratio Related Terms

Thank you for viewing the detailed overview of DSV AS's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


DSV AS (OCSE:DSV) Business Description

Address
Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, sea, and train, with the bulk of its activities coming from its European trucking network and airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021. This acquisition further diversifies its revenue base away from European road freight and adds scale in key regions such as the Middle East. It also moves DSV into third spot among the largest 3PL firms globally.

DSV AS (OCSE:DSV) Headlines

No Headlines