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Delek US Holdings (Delek US Holdings) Cyclically Adjusted Book per Share : $20.52 (As of Dec. 2023)


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What is Delek US Holdings 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.

Delek US Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $13.218. 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 $20.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Delek US Holdings's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Delek US Holdings was 9.30% per year. The lowest was 4.10% per year. And the median was 7.65% per year.

As of today (2024-04-27), Delek US Holdings's current stock price is $29.34. Delek US Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $20.52. Delek US Holdings's Cyclically Adjusted PB Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Delek US Holdings was 3.93. The lowest was 0.56. And the median was 1.65.


Delek US Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Delek US Holdings'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.

Delek US Holdings Cyclically Adjusted Book per Share Chart

Delek US Holdings 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 17.36 18.21 19.45 20.46 20.52

Delek US Holdings 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 20.46 20.67 20.72 20.77 20.52

Competitive Comparison of Delek US Holdings's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Delek US Holdings'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.


Delek US Holdings's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek US Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delek US Holdings's Cyclically Adjusted PB Ratio falls into.



Delek US Holdings 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, Delek US Holdings'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)
=13.218/129.4194*129.4194
=13.218

Current CPI (Dec. 2023) = 129.4194.

Delek US Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.348 99.695 21.222
201406 17.009 100.560 21.890
201409 17.772 100.428 22.902
201412 17.490 99.070 22.848
201503 16.810 99.621 21.838
201506 19.737 100.684 25.370
201509 19.483 100.392 25.116
201512 18.561 99.792 24.072
201603 17.998 100.470 23.184
201606 18.016 101.688 22.929
201609 15.325 101.861 19.471
201612 16.010 101.863 20.341
201703 16.088 102.862 20.242
201706 15.624 103.349 19.565
201709 18.176 104.136 22.589
201712 20.436 104.011 25.428
201803 19.270 105.290 23.686
201806 19.097 106.317 23.247
201809 20.958 106.507 25.467
201812 20.931 105.998 25.556
201903 22.423 107.251 27.058
201906 22.725 108.070 27.214
201909 22.764 108.329 27.196
201912 22.680 108.420 27.073
202003 18.051 108.902 21.452
202006 18.923 108.767 22.516
202009 17.663 109.815 20.816
202012 13.644 109.897 16.068
202103 12.334 111.754 14.284
202106 11.261 114.631 12.714
202109 11.585 115.734 12.955
202112 12.052 117.630 13.260
202203 12.018 121.301 12.822
202206 17.104 125.017 17.706
202209 16.658 125.227 17.216
202212 14.097 125.222 14.570
202303 14.927 127.348 15.170
202306 14.355 128.729 14.432
202309 16.047 129.860 15.993
202312 13.218 129.419 13.218

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


Delek US Holdings  (NYSE:DK) 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.

Delek US Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.34/20.52
=1.43

* 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 Delek US Holdings was 3.93. The lowest was 0.56. And the median was 1.65.


Be Aware

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


Delek US Holdings Cyclically Adjusted Book per Share Related Terms

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


Delek US Holdings (Delek US Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Delek US Holdings Inc (NYSE:DK) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation, and storage; wholesale crude oil, intermediate, and refined products, and convenience store retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. Delek's logistics segment sells portions of the petroleum products its refineries produce. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.
Executives
Reuven Spiegel officer: EVP, Finance 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Laurie Z. Tolson director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Avigal Soreq officer: EVP / CCO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Leonardo Moreno director 4300 WILSON BLVD., ARLINGTON VA 22203
Nithia Thaver officer: EVP, Refining 7102 COMMERCE WAY, BRENTWOOD TN 37027
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Cvr Energy Inc 10 percent owner 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Todd O'malley officer: EVP, Chief Commercial Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Richard J Marcogliese director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
William J Finnerty director 12490 ARBOR HILL STREET, MOORPARK CA 93021
Abigail K Yates officer: General Counsel, EVP Secretary 7102 COMMERCE WAY, BRENTWOOD TN 37027