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Djurslands Bank A/S (OCSE:DJUR) Cyclically Adjusted Book per Share : kr464.15 (As of Mar. 2024)


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What is Djurslands Bank 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.

Djurslands Bank A/S's adjusted book value per share for the three months ended in Mar. 2024 was kr592.820. 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 kr464.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Djurslands Bank A/S's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Djurslands Bank A/S was 8.90% per year. The lowest was 8.70% per year. And the median was 8.80% per year.

As of today (2024-06-03), Djurslands Bank A/S's current stock price is kr510.00. Djurslands Bank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr464.15. Djurslands Bank A/S's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Djurslands Bank A/S was 1.33. The lowest was 0.64. And the median was 0.89.


Djurslands Bank A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Djurslands Bank 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.

Djurslands Bank A/S Cyclically Adjusted Book per Share Chart

Djurslands Bank 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 331.41 349.17 377.11 426.06 451.56

Djurslands Bank 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 436.13 438.19 447.86 451.56 464.15

Competitive Comparison of Djurslands Bank A/S's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Djurslands Bank 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.


Djurslands Bank A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Djurslands Bank A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Djurslands Bank A/S's Cyclically Adjusted PB Ratio falls into.



Djurslands Bank 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, Djurslands Bank 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)
=592.82/118.4000*118.4000
=592.820

Current CPI (Mar. 2024) = 118.4000.

Djurslands Bank A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 301.345 99.700 357.866
201409 308.688 99.700 366.586
201412 310.366 99.400 369.691
201503 314.724 100.200 371.889
201506 321.669 100.300 379.717
201509 325.603 100.200 384.744
201512 327.040 99.800 387.991
201603 326.965 100.200 386.354
201606 332.244 100.600 391.031
201609 340.051 100.200 401.817
201612 348.839 100.300 411.790
201703 352.327 101.200 412.209
201706 362.939 101.200 424.624
201709 371.989 101.800 432.647
201712 379.609 101.300 443.689
201803 372.656 101.700 433.849
201806 384.470 102.300 444.978
201809 389.569 102.400 450.439
201812 390.289 102.100 452.598
201903 393.616 102.900 452.907
201906 408.337 102.900 469.845
201909 422.673 102.900 486.341
201912 425.027 102.900 489.050
202003 413.991 103.300 474.507
202006 422.409 103.200 484.624
202009 429.159 103.500 490.941
202012 436.384 103.400 499.689
202103 440.682 104.300 500.256
202106 453.758 105.000 511.666
202109 465.712 105.800 521.175
202112 480.019 106.600 533.154
202203 481.961 109.900 519.237
202206 487.438 113.600 508.034
202209 502.331 116.400 510.962
202212 520.203 115.900 531.424
202303 530.586 117.300 535.562
202306 549.439 116.400 558.880
202309 577.405 117.400 582.323
202312 599.199 116.700 607.928
202403 592.820 118.400 592.820

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


Djurslands Bank A/S  (OCSE:DJUR) 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.

Djurslands Bank A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=510.00/464.15
=1.10

* 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 Djurslands Bank A/S was 1.33. The lowest was 0.64. And the median was 0.89.


Be Aware

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


Djurslands Bank A/S Cyclically Adjusted Book per Share Related Terms

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


Djurslands Bank A/S (OCSE:DJUR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Torvet 5, Grenaa, DNK, 8500
Djurslands Bank A/S provides banking products and financial services to private customers, small and medium sized enterprises as well as to public institutions. It product and service offerings include loans, mortgage, pension funds, and insurance. It also provide consultation services for private and professional banking.

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