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Hewlett Packard Enterprise Co (BSP:H1PE34) Cyclically Adjusted Book per Share : R$93.60 (As of Jan. 2024)


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What is Hewlett Packard Enterprise Co 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.

Hewlett Packard Enterprise Co's adjusted book value per share for the three months ended in Jan. 2024 was R$81.036. 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 R$93.60 for the trailing ten years ended in Jan. 2024.

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.

As of today (2024-05-05), Hewlett Packard Enterprise Co's current stock price is R$85.44. Hewlett Packard Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was R$93.60. Hewlett Packard Enterprise Co's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Hewlett Packard Enterprise Co was 0.95. The lowest was 0.79. And the median was 0.88.


Hewlett Packard Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hewlett Packard Enterprise Co'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.

Hewlett Packard Enterprise Co Cyclically Adjusted Book per Share Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 96.27

Hewlett Packard Enterprise Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - 91.86 96.27 93.60

Competitive Comparison of Hewlett Packard Enterprise Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Hewlett Packard Enterprise Co'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.


Hewlett Packard Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hewlett Packard Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hewlett Packard Enterprise Co's Cyclically Adjusted PB Ratio falls into.



Hewlett Packard Enterprise Co 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, Hewlett Packard Enterprise Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=81.036/129.4194*129.4194
=81.036

Current CPI (Jan. 2024) = 129.4194.

Hewlett Packard Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.000 100.023 0.000
201407 0.000 100.520 0.000
201410 49.333 100.176 63.735
201501 0.000 98.604 0.000
201504 63.034 99.824 81.722
201507 74.707 100.691 96.022
201510 74.579 100.346 96.187
201601 73.130 99.957 94.685
201604 65.385 100.947 83.827
201607 63.880 101.524 81.432
201610 60.129 101.988 76.302
201701 60.428 102.456 76.331
201704 55.325 103.167 69.403
201707 57.156 103.278 71.623
201710 46.966 104.070 58.406
201801 49.087 104.578 60.747
201804 53.426 105.708 65.410
201807 60.416 106.324 73.539
201810 56.136 106.695 68.092
201901 49.590 106.200 60.432
201904 52.693 107.818 63.250
201907 50.571 108.250 60.461
201910 53.943 108.577 64.298
202001 55.186 108.841 65.620
202004 67.231 108.173 80.436
202007 66.247 109.318 78.429
202010 70.148 109.861 82.637
202101 66.934 110.364 78.491
202104 70.718 112.673 81.229
202107 67.209 115.183 75.516
202110 85.460 116.696 94.778
202201 86.430 118.619 94.299
202204 75.153 121.978 79.738
202207 85.904 125.002 88.940
202210 81.442 125.734 83.829
202301 80.109 126.223 82.138
202304 79.155 127.992 80.038
202307 77.175 128.974 77.441
202310 83.496 129.810 83.245
202401 81.036 129.419 81.036

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


Hewlett Packard Enterprise Co  (BSP:H1PE34) 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.

Hewlett Packard Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.44/93.6
=0.91

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Hewlett Packard Enterprise Co was 0.95. The lowest was 0.79. And the median was 0.88.


Be Aware

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


Hewlett Packard Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Hewlett Packard Enterprise Co (BSP:H1PE34) Business Description

Traded in Other Exchanges
Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

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