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NTG Nordic Transport Group A/S (FRA:NRSA) Cyclically Adjusted Book per Share : €7.31 (As of Mar. 2024)


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What is NTG Nordic Transport Group A/S 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.

NTG Nordic Transport Group A/S's adjusted book value per share for the three months ended in Mar. 2024 was €6.951. 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 €7.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NTG Nordic Transport Group A/S's average Cyclically Adjusted Book Growth Rate was -51.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -39.40% 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 NTG Nordic Transport Group A/S was -28.90% per year. The lowest was -39.40% per year. And the median was -34.15% per year.

As of today (2024-06-04), NTG Nordic Transport Group A/S's current stock price is €39.35. NTG Nordic Transport Group A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.31. NTG Nordic Transport Group A/S's Cyclically Adjusted PB Ratio of today is 5.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NTG Nordic Transport Group A/S was 5.41. The lowest was 0.23. And the median was 1.71.


NTG Nordic Transport Group A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for NTG Nordic Transport Group A/S'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.

NTG Nordic Transport Group A/S Cyclically Adjusted Book per Share Chart

NTG Nordic Transport Group A/S 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 52.17 36.32 30.41 18.36 8.17

NTG Nordic Transport Group A/S 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 15.39 12.18 9.16 8.17 7.31

Competitive Comparison of NTG Nordic Transport Group A/S's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group A/S'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.


NTG Nordic Transport Group A/S's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group A/S's Cyclically Adjusted PB Ratio falls into.



NTG Nordic Transport Group A/S 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, NTG Nordic Transport Group A/S'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)
=6.951/118.4000*118.4000
=6.951

Current CPI (Mar. 2024) = 118.4000.

NTG Nordic Transport Group A/S Quarterly Data

Book Value per Share CPI Adj_Book
201203 27.981 98.300 33.702
201206 -5.728 98.200 -6.906
201209 -8.631 98.700 -10.354
201212 8.847 98.300 10.656
201303 8.500 99.300 10.135
201306 10.772 99.100 12.870
201309 9.667 99.200 11.538
201312 9.715 99.000 11.619
201406 8.639 99.700 10.259
201412 8.599 99.400 10.243
201506 8.302 100.300 9.800
201512 7.986 99.800 9.474
201606 7.969 100.600 9.379
201612 7.901 100.300 9.327
201706 7.616 101.200 8.910
201712 8.116 101.300 9.486
201806 7.770 102.300 8.993
201809 0.000 102.400 0.000
201812 12.583 102.100 14.592
201903 0.000 102.900 0.000
201906 7.022 102.900 8.080
201909 18.667 102.900 21.479
201912 1.436 102.900 1.652
202003 1.567 103.300 1.796
202006 1.622 103.200 1.861
202009 1.835 103.500 2.099
202012 1.992 103.400 2.281
202103 2.234 104.300 2.536
202106 2.880 105.000 3.248
202109 3.359 105.800 3.759
202112 3.390 106.600 3.765
202203 4.132 109.900 4.452
202206 5.053 113.600 5.267
202209 6.015 116.400 6.118
202212 5.947 115.900 6.075
202303 5.983 117.300 6.039
202306 5.677 116.400 5.775
202309 5.972 117.400 6.023
202312 6.430 116.700 6.524
202403 6.951 118.400 6.951

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


NTG Nordic Transport Group A/S  (FRA:NRSA) 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.

NTG Nordic Transport Group A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.35/7.31
=5.38

* 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 NTG Nordic Transport Group A/S was 5.41. The lowest was 0.23. And the median was 1.71.


Be Aware

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


NTG Nordic Transport Group A/S Cyclically Adjusted Book per Share Related Terms

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


NTG Nordic Transport Group A/S (FRA:NRSA) Business Description

Traded in Other Exchanges
Address
Hammerholmen 47-49, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group A/S is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air and Ocean and Road and Logistics fuelled by people power and technology. Business segments of the company include Road and Logistics and Air and Ocean. The majority of revenue is earned through Road and Logistics segment. The revenues are earned in Denmark, Sweden, the USA, Germany, Finland and other countries with the majority of the revenue earned in Denmark.

NTG Nordic Transport Group A/S (FRA:NRSA) Headlines

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