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Borussia Dortmund GmbH KGaA (XTER:BVB) Cyclically Adjusted Book per Share : €3.70 (As of Dec. 2023)


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What is Borussia Dortmund GmbH KGaA 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.

Borussia Dortmund GmbH KGaA's adjusted book value per share for the three months ended in Dec. 2023 was €3.201. 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 €3.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Borussia Dortmund GmbH KGaA's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Borussia Dortmund GmbH KGaA was 9.10% per year. The lowest was 8.20% per year. And the median was 8.65% per year.

As of today (2024-06-09), Borussia Dortmund GmbH KGaA's current stock price is €3.575. Borussia Dortmund GmbH KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €3.70. Borussia Dortmund GmbH KGaA's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Borussia Dortmund GmbH KGaA was 4.00. The lowest was 0.90. And the median was 1.74.


Borussia Dortmund GmbH KGaA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Borussia Dortmund GmbH KGaA'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.

Borussia Dortmund GmbH KGaA Cyclically Adjusted Book per Share Chart

Borussia Dortmund GmbH KGaA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.82 3.04 3.38 3.66

Borussia Dortmund GmbH KGaA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.54 3.65 3.66 3.70 3.70

Competitive Comparison of Borussia Dortmund GmbH KGaA's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Borussia Dortmund GmbH KGaA'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.


Borussia Dortmund GmbH KGaA's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Borussia Dortmund GmbH KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Borussia Dortmund GmbH KGaA's Cyclically Adjusted PB Ratio falls into.



Borussia Dortmund GmbH KGaA 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, Borussia Dortmund GmbH KGaA's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.201/123.7729*123.7729
=3.201

Current CPI (Dec. 2023) = 123.7729.

Borussia Dortmund GmbH KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.255 99.543 2.804
201406 2.302 99.543 2.862
201409 3.044 99.823 3.774
201412 3.012 99.543 3.745
201503 2.921 99.717 3.626
201506 3.030 100.417 3.735
201509 2.970 100.417 3.661
201512 2.930 99.717 3.637
201603 2.835 100.017 3.508
201606 3.282 100.717 4.033
201609 3.501 101.017 4.290
201612 3.389 101.217 4.144
201703 3.239 101.417 3.953
201706 3.354 102.117 4.065
201709 3.880 102.717 4.675
201712 3.682 102.617 4.441
201803 3.917 102.917 4.711
201806 3.643 104.017 4.335
201809 3.620 104.718 4.279
201812 3.685 104.217 4.376
201903 3.990 104.217 4.739
201906 3.764 105.718 4.407
201909 3.764 106.018 4.394
201912 3.736 105.818 4.370
202003 3.748 105.718 4.388
202006 3.239 106.618 3.760
202009 2.859 105.818 3.344
202012 2.960 105.518 3.472
202103 2.762 107.518 3.180
202106 2.467 108.486 2.815
202109 2.878 109.435 3.255
202112 3.199 110.384 3.587
202203 2.957 113.968 3.211
202206 2.475 115.760 2.646
202209 2.884 118.818 3.004
202212 2.905 119.345 3.013
202303 2.765 122.402 2.796
202306 2.561 123.140 2.574
202309 3.036 124.195 3.026
202312 3.201 123.773 3.201

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


Borussia Dortmund GmbH KGaA  (XTER:BVB) 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.

Borussia Dortmund GmbH KGaA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.575/3.7
=0.97

* 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 Borussia Dortmund GmbH KGaA was 4.00. The lowest was 0.90. And the median was 1.74.


Be Aware

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


Borussia Dortmund GmbH KGaA Cyclically Adjusted Book per Share Related Terms

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


Borussia Dortmund GmbH KGaA (XTER:BVB) Business Description

Address
Rheinlanddamm 207-209, Dortmund, NW, DEU, 44137
Borussia Dortmund GmbH & Co KGaA operates football club. The company operates its business through the following segments; Borussia Dortmund GmbH & Co KGaA operates a football club including a professional football squad and leverages the associated revenue potential arising from the transfer of players, catering, TV marketing, sponsorship, and ticketing. BVB Merchandising segment consists of the separate merchandising business. BVB Event and Catering Gmbh segment conducts tours, provides and arranges for event staffing services and planning and organising, catering and steering and conducting events of all types. Besttravel dortmund Gmbh segment comprises arranging travel by air, rail and ship as well. The firm earns the majority of its revenues from Borussia Dortmund GmbH & Co KGaA.
Executives
Judith Dommermuth Supervisory Board

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