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Harju Elekter Group (OTSE:HAE1T) Cyclically Adjusted Book per Share : €4.79 (As of Sep. 2024)


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What is Harju Elekter 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.

Harju Elekter Group's adjusted book value per share for the three months ended in Sep. 2024 was €5.040. 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 €4.79 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Harju Elekter Group's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 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 Harju Elekter Group was 8.30% per year. The lowest was 5.20% per year. And the median was 7.40% per year.

As of today (2024-10-31), Harju Elekter Group's current stock price is €4.605. Harju Elekter Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €4.79. Harju Elekter Group's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Harju Elekter Group was 2.38. The lowest was 0.96. And the median was 1.29.


Harju Elekter Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Harju Elekter 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.

Harju Elekter Group Cyclically Adjusted Book per Share Chart

Harju Elekter 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 3.49 3.66 4.07 4.43 4.62

Harju Elekter Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.64 4.62 4.71 4.75 4.79

Competitive Comparison of Harju Elekter Group's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Harju Elekter 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.


Harju Elekter Group's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harju Elekter Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Harju Elekter 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, Harju Elekter Group's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.04/133.0289*133.0289
=5.040

Current CPI (Sep. 2024) = 133.0289.

Harju Elekter Group Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.361 99.070 4.513
201503 3.556 99.621 4.748
201506 3.471 100.684 4.586
201509 3.271 100.392 4.334
201512 3.274 99.792 4.364
201603 3.252 100.470 4.306
201606 3.310 101.688 4.330
201609 3.465 101.861 4.525
201612 3.399 101.863 4.439
201703 3.983 102.862 5.151
201706 3.782 103.349 4.868
201709 3.884 104.136 4.962
201712 3.939 104.011 5.038
201803 3.940 105.290 4.978
201806 3.758 106.317 4.702
201809 3.762 106.507 4.699
201812 3.775 105.998 4.738
201903 3.810 107.251 4.726
201906 3.683 108.070 4.534
201909 3.770 108.329 4.630
201912 3.782 108.420 4.640
202003 3.750 108.902 4.581
202006 3.757 108.767 4.595
202009 3.862 109.815 4.678
202012 4.146 109.897 5.019
202103 4.189 111.754 4.986
202106 4.453 114.631 5.168
202109 4.561 115.734 5.243
202112 4.827 117.630 5.459
202203 4.739 121.301 5.197
202206 4.410 125.017 4.693
202209 4.488 125.227 4.768
202212 4.351 125.222 4.622
202303 4.396 127.348 4.592
202306 4.893 128.729 5.056
202309 5.049 129.860 5.172
202312 4.865 129.419 5.001
202403 4.896 131.776 4.943
202406 4.952 132.554 4.970
202409 5.040 133.029 5.040

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


Harju Elekter Group  (OTSE:HAE1T) 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.

Harju Elekter Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.605/4.79
=0.96

* 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 Harju Elekter Group was 2.38. The lowest was 0.96. And the median was 1.29.


Be Aware

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


Harju Elekter Group Cyclically Adjusted Book per Share Related Terms

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


Harju Elekter Group Business Description

Traded in Other Exchanges
Address
Paldiski maantee 31/2, Keila, EST, 76606
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

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