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Huntsman (FRA:HTR) Cyclically Adjusted Book per Share : €13.52 (As of Mar. 2024)


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What is Huntsman 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.

Huntsman's adjusted book value per share for the three months ended in Mar. 2024 was €16.848. 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 €13.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huntsman's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Huntsman was 14.00% per year. The lowest was 0.70% per year. And the median was 6.70% per year.

As of today (2024-05-26), Huntsman's current stock price is €22.80. Huntsman's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.52. Huntsman's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Huntsman was 4.39. The lowest was 1.08. And the median was 2.59.


Huntsman Cyclically Adjusted Book per Share Historical Data

The historical data trend for Huntsman'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.

Huntsman Cyclically Adjusted Book per Share Chart

Huntsman 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 8.06 7.84 9.96 12.21 13.00

Huntsman 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 12.06 12.90 13.37 13.00 13.52

Competitive Comparison of Huntsman's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Huntsman'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.


Huntsman's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huntsman's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Huntsman 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, Huntsman'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)
=16.848/131.7762*131.7762
=16.848

Current CPI (Mar. 2024) = 131.7762.

Huntsman Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.535 100.560 8.564
201409 7.099 100.428 9.315
201412 5.889 99.070 7.833
201503 6.045 99.621 7.996
201506 6.050 100.684 7.918
201509 5.849 100.392 7.678
201512 5.584 99.792 7.374
201603 5.697 100.470 7.472
201606 5.759 101.688 7.463
201609 5.987 101.861 7.745
201612 5.162 101.863 6.678
201703 5.701 102.862 7.304
201706 6.223 103.349 7.935
201709 7.423 104.136 9.393
201712 9.216 104.011 11.676
201803 9.840 105.290 12.315
201806 10.996 106.317 13.629
201809 10.676 106.507 13.209
201812 9.507 105.998 11.819
201903 9.965 107.251 12.244
201906 10.104 108.070 12.320
201909 10.030 108.329 12.201
201912 10.782 108.420 13.105
202003 13.362 108.902 16.169
202006 12.856 108.767 15.576
202009 12.444 109.815 14.933
202012 13.146 109.897 15.763
202103 13.560 111.754 15.989
202106 14.000 114.631 16.094
202109 14.801 115.734 16.853
202112 18.091 117.630 20.267
202203 18.781 121.301 20.403
202206 19.453 125.017 20.505
202209 19.775 125.227 20.809
202212 18.630 125.222 19.605
202303 19.429 127.348 20.105
202306 18.839 128.729 19.285
202309 18.507 129.860 18.780
202312 17.374 129.419 17.690
202403 16.848 131.776 16.848

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


Huntsman  (FRA:HTR) 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.

Huntsman's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.80/13.52
=1.69

* 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 Huntsman was 4.39. The lowest was 1.08. And the median was 2.59.


Be Aware

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


Huntsman Cyclically Adjusted Book per Share Related Terms

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


Huntsman (FRA:HTR) Business Description

Industry
Traded in Other Exchanges
Address
10003 Woodloch Forest Drive, The Woodlands, TX, USA, 77380
Huntsman Corp is a us-based manufacturer of differentiated organic chemical products. Its product portfolio comprises Methyl diphenyl diisocyanate (MDI), Amines, Maleic anhydride, Epoxy-based polymer formulations. The company's products are used in adhesives, aerospace, automotive, construction products, among others. Its operating segments are Polyurethanes, Performance Products and Advanced Materials. It derives most of its revenue from the Polyurethanes segment which includes MDI, polyols, TPU (thermoplastic polyurethane), and other polyurethane-related products. Its geographical segments are the United States & Canada, Europe, Asia- Pacific, and the Rest of the world.

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