GURUFOCUS.COM » STOCK LIST » Technology » Software » The Hackett Group Inc (FRA:AWT) » Definitions » Cyclically Adjusted Book per Share

The Hackett Group (FRA:AWT) Cyclically Adjusted Book per Share : €4.12 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is The Hackett Group 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.

The Hackett Group's adjusted book value per share for the three months ended in Mar. 2024 was €3.116. 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 €4.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Hackett Group's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 The Hackett Group was 8.00% per year. The lowest was -4.00% per year. And the median was 3.00% per year.

As of today (2024-06-07), The Hackett Group's current stock price is €20.20. The Hackett Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.12. The Hackett Group's Cyclically Adjusted PB Ratio of today is 4.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Hackett Group was 6.78. The lowest was 1.72. And the median was 4.77.


The Hackett Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Hackett Group'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.

The Hackett Group Cyclically Adjusted Book per Share Chart

The Hackett Group 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 3.11 2.97 3.70 4.18 4.05

The Hackett Group 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 4.07 4.12 4.32 4.05 4.12

Competitive Comparison of The Hackett Group's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, The Hackett Group'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.


The Hackett Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, The Hackett Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Hackett Group 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, The Hackett Group'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)
=3.116/131.7762*131.7762
=3.116

Current CPI (Mar. 2024) = 131.7762.

The Hackett Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.204 100.560 2.888
201409 2.392 100.428 3.139
201412 2.493 99.070 3.316
201503 2.802 99.621 3.706
201506 2.784 100.684 3.644
201509 3.009 100.392 3.950
201512 3.156 99.792 4.168
201603 2.986 100.470 3.916
201606 2.390 101.688 3.097
201609 2.587 101.861 3.347
201612 2.861 101.863 3.701
201703 3.076 102.862 3.941
201706 2.841 103.349 3.622
201709 2.872 104.136 3.634
201712 3.148 104.011 3.988
201803 3.184 105.290 3.985
201806 3.535 106.317 4.382
201809 3.734 106.507 4.620
201812 3.680 105.998 4.575
201903 3.850 107.251 4.730
201906 3.890 108.070 4.743
201909 4.219 108.329 5.132
201912 4.162 108.420 5.059
202003 4.251 108.902 5.144
202006 4.036 108.767 4.890
202009 3.925 109.815 4.710
202012 3.862 109.897 4.631
202103 3.977 111.754 4.690
202106 4.017 114.631 4.618
202109 4.239 115.734 4.827
202112 4.071 117.630 4.561
202203 4.317 121.301 4.690
202206 4.684 125.017 4.937
202209 5.230 125.227 5.504
202212 2.047 125.222 2.154
202303 2.180 127.348 2.256
202306 2.472 128.729 2.531
202309 2.783 129.860 2.824
202312 3.029 129.419 3.084
202403 3.116 131.776 3.116

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


The Hackett Group  (FRA:AWT) 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.

The Hackett Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.20/4.12
=4.90

* 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 The Hackett Group was 6.78. The lowest was 1.72. And the median was 4.77.


Be Aware

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


The Hackett Group Cyclically Adjusted Book per Share Related Terms

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


The Hackett Group (FRA:AWT) Business Description

Industry
Traded in Other Exchanges
Address
1001 Brickell Bay Drive, Suite 3000, 30th Floor, Miami, FL, USA, 33131
The Hackett Group Inc is an advisory firm. The company's offerings include executive advisory programs, benchmarking, executive advisory, business transformation, and cloud enterprise application implementation. The company's executive and practices advisory programs offer performance metrics, peer-learning opportunities, and practice implementation practices. Benchmarking services help organizations measure and assess internal efficiency and effectiveness. The business transformation programs help customers develop strategies to improve performance. The company's technology advisory services help clients improve decision-making capabilities and deploy software applications. The Hackett Group generates the majority of its revenue in the United States.

The Hackett Group (FRA:AWT) Headlines

No Headlines