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DigitalBridge Group (DigitalBridge Group) Cyclically Adjusted Book per Share : $43.57 (As of Mar. 2024)


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What is DigitalBridge 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.

DigitalBridge Group's adjusted book value per share for the three months ended in Mar. 2024 was $6.159. 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 $43.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DigitalBridge Group's average Cyclically Adjusted Book Growth Rate was -11.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.90% 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 DigitalBridge Group was -5.90% per year. The lowest was -7.90% per year. And the median was -6.90% per year.

As of today (2024-05-22), DigitalBridge Group's current stock price is $13.20. DigitalBridge Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $43.57. DigitalBridge Group's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DigitalBridge Group was 0.61. The lowest was 0.09. And the median was 0.34.


DigitalBridge Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for DigitalBridge 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.

DigitalBridge Group Cyclically Adjusted Book per Share Chart

DigitalBridge 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 60.52 56.99 54.52 50.38 44.57

DigitalBridge Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 49.35 47.99 46.54 44.57 43.57

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

For the Real Estate Services subindustry, DigitalBridge 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.


DigitalBridge Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DigitalBridge Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DigitalBridge 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, DigitalBridge Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.159/131.7762*131.7762
=6.159

Current CPI (Mar. 2024) = 131.7762.

DigitalBridge Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 61.733 100.560 80.897
201409 60.987 100.428 80.024
201412 60.149 99.070 80.006
201503 58.589 99.621 77.500
201506 69.736 100.684 91.271
201509 70.015 100.392 91.903
201512 69.294 99.792 91.503
201603 68.235 100.470 89.496
201606 68.035 101.688 88.166
201609 67.937 101.861 87.889
201612 3.903 101.863 5.049
201703 54.286 102.862 69.545
201706 54.106 103.349 68.988
201709 53.441 104.136 67.626
201712 50.068 104.011 63.433
201803 51.011 105.290 63.843
201806 50.580 106.317 62.692
201809 49.473 106.507 61.211
201812 46.261 105.998 57.512
201903 44.994 107.251 55.283
201906 40.629 108.070 49.542
201909 34.905 108.329 42.460
201912 34.577 108.420 42.026
202003 31.169 108.902 37.716
202006 14.439 108.767 17.493
202009 13.152 109.815 15.782
202012 12.409 109.897 14.880
202103 10.024 111.754 11.820
202106 9.008 114.631 10.355
202109 9.226 115.734 10.505
202112 9.084 117.630 10.176
202203 3.588 121.301 3.898
202206 4.747 125.017 5.004
202209 5.237 125.227 5.511
202212 5.380 125.222 5.662
202303 4.025 127.348 4.165
202306 3.981 128.729 4.075
202309 5.483 129.860 5.564
202312 6.221 129.419 6.334
202403 6.159 131.776 6.159

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


DigitalBridge Group  (NYSE:DBRG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.20/43.57
=0.30

* 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 DigitalBridge Group was 0.61. The lowest was 0.09. And the median was 0.34.


Be Aware

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


DigitalBridge Group Cyclically Adjusted Book per Share Related Terms

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


DigitalBridge Group (DigitalBridge Group) Business Description

Industry
Address
750 Park of Commerce Drive, Suite 210, Boca Raton, FL, USA, 33487
DigitalBridge Group Inc is a developer of alternative asset manager dedicated to investing in digital infrastructure. The company's platform invests in and operates businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, to provide clients with funds for digital infrastructure real estate infrastructure.
Executives
James Keith Brown director C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Geoffrey Goldschein officer: CLO and Secretary C/O DIGITALBRIDGE GROUP, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Benjamin J. Jenkins officer: President & CIO C/O DIGITALBRIDGE GROUP, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Liam Stewart officer: Chief Operating Officer 125 W. 55TH STREET, NEW YORK NY 10019
Marc C Ganzi director, officer: CEO & President 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
David Tolley director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jacky Wu officer: CFO & Treasurer 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
Sonia Kim officer: Chief Accounting Officer 515 SOUTH FLOWER ST, 44TH FL, C/O COLONY CAPITAL, INC., LOS ANGELES CA 90071
Shaka Rasheed director DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Carter J Braxton Ii director C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Mark M. Hedstrom officer: Chief Operating Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Ronald M. Sanders officer: Chief Legal Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Jeannie Diefenderfer director C/O MRV COMMUNICATIONS, INC., 20415 NORDHOFF STREET, CHATSWORTH CA 91311
Craig M Hatkoff director ONE WEST 72ND STREET, NEWYORK NY 10023