GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kuehne + Nagel International AG (OTCPK:KHNGY) » Definitions » Cyclically Adjusted Book per Share

Kuehne + Nagel International AG (Kuehne + Nagel International AG) Cyclically Adjusted Book per Share : $4.97 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Kuehne + Nagel International AG 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.

Kuehne + Nagel International AG's adjusted book value per share for the three months ended in Mar. 2024 was $6.666. 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 $4.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kuehne + Nagel International AG's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Kuehne + Nagel International AG was 6.00% per year. The lowest was 4.40% per year. And the median was 5.20% per year.

As of today (2024-06-10), Kuehne + Nagel International AG's current stock price is $59.58. Kuehne + Nagel International AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.97. Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio of today is 11.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuehne + Nagel International AG was 18.74. The lowest was 6.88. And the median was 11.43.


Kuehne + Nagel International AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuehne + Nagel International AG'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.

Kuehne + Nagel International AG Cyclically Adjusted Book per Share Chart

Kuehne + Nagel International AG 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 3.85 4.19 4.15 4.56 5.24

Kuehne + Nagel International AG 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 4.78 4.88 4.79 5.24 4.97

Competitive Comparison of Kuehne + Nagel International AG's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Kuehne + Nagel International AG'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.


Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio falls into.



Kuehne + Nagel International AG 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, Kuehne + Nagel International AG'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)
=6.666/107.3549*107.3549
=6.666

Current CPI (Mar. 2024) = 107.3549.

Kuehne + Nagel International AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.956 101.517 4.184
201409 4.086 101.247 4.333
201412 4.185 100.704 4.461
201503 4.099 100.339 4.386
201506 3.036 100.464 3.244
201509 3.307 99.785 3.558
201512 3.557 99.386 3.842
201603 3.848 99.475 4.153
201606 3.131 100.088 3.358
201609 3.417 99.604 3.683
201612 3.545 99.380 3.829
201703 3.825 100.040 4.105
201706 3.164 100.285 3.387
201709 3.582 100.254 3.836
201712 3.930 100.213 4.210
201803 4.342 100.836 4.623
201806 3.339 101.435 3.534
201809 3.631 101.246 3.850
201812 3.904 100.906 4.154
201903 4.125 101.571 4.360
201906 3.178 102.044 3.343
201909 3.487 101.396 3.692
201912 3.935 101.063 4.180
202003 4.046 101.048 4.299
202006 4.344 100.743 4.629
202009 4.075 100.585 4.349
202012 4.531 100.241 4.853
202103 5.125 100.800 5.458
202106 4.989 101.352 5.284
202109 5.058 101.533 5.348
202112 5.784 101.776 6.101
202203 6.856 103.205 7.132
202206 4.987 104.783 5.109
202209 6.619 104.835 6.778
202212 7.430 104.666 7.621
202303 7.895 106.245 7.977
202306 4.949 106.576 4.985
202309 5.906 106.570 5.950
202312 6.163 106.461 6.215
202403 6.666 107.355 6.666

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


Kuehne + Nagel International AG  (OTCPK:KHNGY) 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.

Kuehne + Nagel International AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=59.58/4.97
=11.99

* 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 Kuehne + Nagel International AG was 18.74. The lowest was 6.88. And the median was 11.43.


Be Aware

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


Kuehne + Nagel International AG Cyclically Adjusted Book per Share Related Terms

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


Kuehne + Nagel International AG (Kuehne + Nagel International AG) Business Description

Address
Kuehne + Nagel house, P.O. Box 67, Schindellegi, CHE, CH-8834
Kuehne + Nagel is a global transportation and logistics company based in Switzerland and founded in 1890. KN is the largest sea freight forwarder globally, and holds the number-two spot in air freight. Sea freight has traditionally constituted the largest part of the business, contributing almost half of group revenue in 2022. The company's goal is to become a more balanced, fully integrated freight forwarder while continually improving its end-to-end offering to its clients.

Kuehne + Nagel International AG (Kuehne + Nagel International AG) Headlines