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Delivery Hero SE (XTER:DHER) Cyclically Adjusted PB Ratio : 2.58 (As of Apr. 28, 2024)


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What is Delivery Hero SE Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Delivery Hero SE's current share price is €25.86. Delivery Hero SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €10.03. Delivery Hero SE's Cyclically Adjusted PB Ratio for today is 2.58.

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

XTER:DHER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.6   Med: 4.46   Max: 10.83
Current: 3.07

During the past 12 years, Delivery Hero SE's highest Cyclically Adjusted PB Ratio was 10.83. The lowest was 2.60. And the median was 4.46.

XTER:DHER's Cyclically Adjusted PB Ratio is ranked worse than
79.36% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs XTER:DHER: 3.07

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.

Delivery Hero SE's adjusted book value per share data of for the fiscal year that ended in Dec23 was €6.290. 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 €10.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delivery Hero SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Delivery Hero SE'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.

Delivery Hero SE Cyclically Adjusted PB Ratio Chart

Delivery Hero SE 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 - - 12.46 4.92 2.49

Delivery Hero SE Semi-Annual Data
Dec13 Dec14 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 12.46 - 4.92 - 2.49

Competitive Comparison of Delivery Hero SE's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Delivery Hero SE'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.


Delivery Hero SE's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Delivery Hero SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delivery Hero SE's Cyclically Adjusted PB Ratio falls into.



Delivery Hero SE 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.

Delivery Hero SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.86/10.03
=2.58

* 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.

Delivery Hero SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Delivery Hero SE'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)
=6.29/123.6675*123.6675
=6.290

Current CPI (Dec23) = 123.6675.

Delivery Hero SE Annual Data

Book Value per Share CPI Adj_Book
201412 1.566 99.543 1.946
201512 4.488 99.717 5.566
201612 5.243 101.217 6.406
201712 9.422 102.617 11.355
201812 8.703 104.217 10.327
201912 9.918 105.818 11.591
202012 5.806 105.518 6.805
202112 22.320 110.384 25.006
202212 14.457 119.345 14.981
202312 6.290 123.668 6.290

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.


Delivery Hero SE  (XTER:DHER) 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.


Delivery Hero SE Cyclically Adjusted PB Ratio Related Terms

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


Delivery Hero SE (XTER:DHER) Business Description

Address
Oranienburger Strasse 70, Berlin, DEU, 10117
Delivery Hero is an online food delivery provider and active delivery service headquartered in Germany. It operates in over 70 countries across five continents. Commission rate per order, the company's largest source of revenue, varies across the countries in its four geographic segments--the Americas, Asia, Europe, and the Middle East and North Africa--as well as the type of restaurant and the provided service.
Executives
Emmanuel Thomassin Board of Directors
Niklas Östberg Board of Directors
Pieter-jan Vandepitte Board of Directors

Delivery Hero SE (XTER:DHER) Headlines

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