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DigitalBridge Group (FRA:6CL) Cyclically Adjusted Book per Share : €40.17 (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 €5.667. 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 €40.17 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 (2024-06-04), DigitalBridge Group's current stock price is €12.60. DigitalBridge Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €40.17. DigitalBridge Group's Cyclically Adjusted PB Ratio of today is 0.31.

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 55.55 45.73 48.43 47.94 41.13

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 44.37 43.01 43.23 41.13 40.17

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)
=5.667/131.7762*131.7762
=5.667

Current CPI (Mar. 2024) = 131.7762.

DigitalBridge Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 45.436 100.560 59.541
201409 47.326 100.428 62.099
201412 48.781 99.070 64.885
201503 54.136 99.621 71.610
201506 62.135 100.684 81.323
201509 62.383 100.392 81.885
201512 63.612 99.792 84.000
201603 61.275 100.470 80.368
201606 60.551 101.688 78.467
201609 60.532 101.861 78.309
201612 3.700 101.863 4.787
201703 50.757 102.862 65.025
201706 48.154 103.349 61.399
201709 44.837 104.136 56.738
201712 42.308 104.011 53.602
201803 41.370 105.290 51.777
201806 43.297 106.317 53.665
201809 42.399 106.507 52.458
201812 40.664 105.998 50.553
201903 39.819 107.251 48.925
201906 35.957 108.070 43.845
201909 31.694 108.329 38.554
201912 31.120 108.420 37.824
202003 28.208 108.902 34.133
202006 12.821 108.767 15.533
202009 11.166 109.815 13.399
202012 10.201 109.897 12.232
202103 8.420 111.754 9.929
202106 7.477 114.631 8.595
202109 7.842 115.734 8.929
202112 8.039 117.630 9.006
202203 3.258 121.301 3.539
202206 4.491 125.017 4.734
202209 5.289 125.227 5.566
202212 5.078 125.222 5.344
202303 3.759 127.348 3.890
202306 3.675 128.729 3.762
202309 5.138 129.860 5.214
202312 5.705 129.419 5.809
202403 5.667 131.776 5.667

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


DigitalBridge Group  (FRA:6CL) 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
=12.60/40.17
=0.31

* 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 (FRA:6CL) 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.

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