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Delignit AG (XTER:DLX) Cyclically Adjusted PB Ratio : 1.53 (As of Jun. 08, 2024)


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What is Delignit AG Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Delignit AG's current share price is €3.90. Delignit AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €2.55. Delignit AG's Cyclically Adjusted PB Ratio for today is 1.53.

The historical rank and industry rank for Delignit AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTER:DLX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 3.26   Max: 5.62
Current: 1.47

During the past 13 years, Delignit AG's highest Cyclically Adjusted PB Ratio was 5.62. The lowest was 1.26. And the median was 3.26.

XTER:DLX's Cyclically Adjusted PB Ratio is ranked worse than
69.92% of 246 companies
in the Forest Products industry
Industry Median: 0.92 vs XTER:DLX: 1.47

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.

Delignit AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was €3.599. 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 €2.55 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delignit AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Delignit AG's Cyclically Adjusted PB Ratio 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.

Delignit AG Cyclically Adjusted PB Ratio Chart

Delignit AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 3.66 4.41 2.79 1.56

Delignit AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 4.41 - 2.79 - 1.56

Competitive Comparison of Delignit AG's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Delignit 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.


Delignit AG's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Delignit AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delignit AG's Cyclically Adjusted PB Ratio falls into.



Delignit AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Delignit AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.90/2.55
=1.53

* 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.

Delignit AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Delignit AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.599/123.7729*123.7729
=3.599

Current CPI (Dec23) = 123.7729.

Delignit AG Annual Data

Book Value per Share CPI Adj_Book
201412 1.419 99.543 1.764
201512 1.531 99.717 1.900
201612 1.654 101.217 2.023
201712 1.848 102.617 2.229
201812 2.087 104.217 2.479
201912 2.194 105.818 2.566
202012 2.426 105.518 2.846
202112 2.665 110.384 2.988
202212 2.987 119.345 3.098
202312 3.599 123.773 3.599

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


Delignit AG  (XTER:DLX) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Delignit AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Delignit AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Delignit AG (XTER:DLX) Business Description

Traded in Other Exchanges
Address
Konigswinkel 2-6, Blomberg, NW, DEU, 32825
Delignit AG develops, manufactures, and sells ecological, usually hardwood-based, materials and system solutions based on the natural, renewable, and CO2-neutral raw material and wood. The company's operating divisions are the Automotive target market, which is divided into the product groups of light commercial vehicles (LCV), motor caravans, and passenger cars; and the Technological Applications target market, which is divided into the product groups Building Equipment, Compressed Wood, Railfloor and Special Applications. Some of its brands are Delignit, VANYCARE, Festholz, Panzerholz, and carbonwood. Its geographical segments are Germany, European Union, and Others.
Executives
Herr Markus Büscher Board of Directors
Gert-maria Freimuth Supervisory Board