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Digi International (Digi International) Cyclically Adjusted Book per Share : $14.93 (As of Mar. 2024)


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What is Digi International 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.

Digi International's adjusted book value per share for the three months ended in Mar. 2024 was $15.116. 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 $14.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Digi International's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Digi International was 9.70% per year. The lowest was -0.60% per year. And the median was 3.90% per year.

As of today (2024-05-17), Digi International's current stock price is $26.94. Digi International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.93. Digi International's Cyclically Adjusted PB Ratio of today is 1.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Digi International was 3.01. The lowest was 0.65. And the median was 1.12.


Digi International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Digi International'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.

Digi International Cyclically Adjusted Book per Share Chart

Digi International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 12.12 12.92 14.06 14.67

Digi International 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 14.34 14.52 14.67 14.64 14.93

Competitive Comparison of Digi International's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Digi International'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.


Digi International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Digi International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Digi International 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, Digi International'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)
=15.116/131.7762*131.7762
=15.116

Current CPI (Mar. 2024) = 131.7762.

Digi International Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.920 100.560 14.310
201409 10.877 100.428 14.272
201412 10.826 99.070 14.400
201503 10.638 99.621 14.072
201506 10.832 100.684 14.177
201509 10.977 100.392 14.409
201512 11.092 99.792 14.647
201603 11.225 100.470 14.723
201606 11.362 101.688 14.724
201609 11.522 101.861 14.906
201612 11.445 101.863 14.806
201703 11.550 102.862 14.797
201706 11.742 103.349 14.972
201709 12.011 104.136 15.199
201712 11.789 104.011 14.936
201803 11.861 105.290 14.845
201806 11.872 106.317 14.715
201809 12.050 106.507 14.909
201812 12.120 105.998 15.068
201903 12.147 107.251 14.925
201906 12.270 108.070 14.962
201909 12.357 108.329 15.032
201912 12.374 108.420 15.040
202003 12.377 108.902 14.977
202006 12.514 108.767 15.161
202009 12.740 109.815 15.288
202012 12.724 109.897 15.257
202103 13.493 111.754 15.910
202106 13.646 114.631 15.687
202109 13.791 115.734 15.703
202112 13.557 117.630 15.187
202203 13.698 121.301 14.881
202206 13.813 125.017 14.560
202209 14.112 125.227 14.850
202212 14.270 125.222 15.017
202303 14.506 127.348 15.010
202306 14.784 128.729 15.134
202309 14.987 129.860 15.208
202312 14.954 129.419 15.226
202403 15.116 131.776 15.116

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


Digi International  (NAS:DGII) 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.

Digi International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.94/14.93
=1.80

* 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 Digi International was 3.01. The lowest was 0.65. 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.


Digi International Cyclically Adjusted Book per Share Related Terms

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


Digi International (Digi International) Business Description

Industry
Traded in Other Exchanges
Address
9350 Excelsior Boulevard, Suite 700, Hopkins, MN, USA, 55343
Digi International Inc is a Minnesota corporation. The company provides business and mission-critical and Internet of Things (IoT) connectivity products and services. It has two segments: IoT Products and Services and IoT Solutions. The IoT Products and Services segment consists of distinct communications products and communication product development services. IoT Solutions segment offers wireless temperature and other environmental condition monitoring services as well as employee task management services. The company generates majority of its revenue from the IoT Products & Services segment. Geographically, the company generates majority of its revenue from its business in the United States and also has its presence in Europe, Middle East and Africa and Rest of the world.
Executives
Terrence G. Schneider officer: VP, Supply Chain 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
David H. Sampsell officer: VP, Corp. Dev, GC & Corp. Sec. 9350 EXCELSIOR BLVD, HOPKINS MN 55343
James J. Loch officer: Chief Financial Officer 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Ronald Konezny director, officer: President and CEO C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Radha Chavali officer: VP, Technology Services 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Tracy L. Roberts officer: VP, Technology Services 9350 EXCELSIOR BLVD, HOPKINS MN 55343
Kevin C. Riley officer: President, Digi SmartSense 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Michael A. Ueland officer: President of Products 216 BRIDLE CREEK DRIVE, CARY NC 27513
Jon A. Nyland officer: VP, Manufacturing Operations 11001 BREN ROAD EAST, MINNETONKA MN 55343
Brian G. Ballenger officer: VP Fin, Acting PFO & PAO 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Hatem H. Naguib director 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Ahmed Nawaz director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Gokul V Hemmady officer: Senior VP/CFO/Treasurer P.O. BOX 1101, MS067, MINNEAPOLIS MN 55440-1101
Sally J Smith director 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Christopher Heim director C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343

Digi International (Digi International) Headlines

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