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DHL Group (DHL Group) Cyclically Adjusted PB Ratio : 2.92 (As of Jun. 06, 2024)


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What is DHL Group Cyclically Adjusted PB Ratio?

As of today (2024-06-06), DHL Group's current share price is $43.262. DHL Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.82. DHL Group's Cyclically Adjusted PB Ratio for today is 2.92.

The historical rank and industry rank for DHL Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

DHLGY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 3.46   Max: 5.98
Current: 2.92

During the past years, DHL Group's highest Cyclically Adjusted PB Ratio was 5.98. The lowest was 2.21. And the median was 3.46.

DHLGY's Cyclically Adjusted PB Ratio is ranked worse than
80.14% of 720 companies
in the Transportation industry
Industry Median: 1.255 vs DHLGY: 2.92

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 adjusted book value per share data 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 $14.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHL Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DHL Group's Cyclically Adjusted PB 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.

DHL Group Cyclically Adjusted PB Ratio Chart

DHL Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 4.27 5.45 2.93 3.34

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 PB Ratio 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 2.93 3.43 3.47 2.91 3.34

Competitive Comparison of DHL Group's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.262/14.82
=2.92

* 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.

DHL Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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)
=20.755/123.7729*123.7729
=20.755

Current CPI (Dec. 2023) = 123.7729.

DHL Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.317 99.543 14.072
201406 9.877 99.543 12.281
201409 8.973 99.823 11.126
201412 9.557 99.543 11.883
201503 8.171 99.717 10.142
201506 9.813 100.417 12.095
201509 9.391 100.417 11.575
201512 9.924 99.717 12.318
201603 9.478 100.017 11.729
201606 8.530 100.717 10.483
201609 7.735 101.017 9.477
201612 9.655 101.217 11.807
201703 10.387 101.417 12.677
201706 10.421 102.117 12.631
201709 10.993 102.717 13.246
201712 12.216 102.617 14.734
201803 12.922 102.917 15.541
201806 11.491 104.017 13.673
201809 11.957 104.718 14.133
201812 12.540 104.217 14.893
201903 12.945 104.217 15.374
201906 11.121 105.718 13.020
201909 10.897 106.018 12.722
201912 12.696 105.818 14.850
202003 12.877 105.718 15.076
202006 13.011 106.618 15.105
202009 12.469 105.818 14.585
202012 13.527 105.518 15.867
202103 16.159 107.518 18.602
202106 15.566 108.486 17.759
202109 16.575 109.435 18.747
202112 17.577 110.384 19.709
202203 19.192 113.968 20.843
202206 18.959 115.760 20.271
202209 19.024 118.818 19.817
202212 20.534 119.345 21.296
202303 21.323 122.402 21.562
202306 19.987 123.140 20.090
202309 20.788 124.195 20.717
202312 20.755 123.773 20.755

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


DHL Group  (OTCPK:DHLGY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


DHL Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of DHL Group's Cyclically Adjusted PB Ratio 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.

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