Hiab (CYJBY) Cyclically Adjusted Book per Share: $11.55 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CYJBY Hiab Corp CYJBY
79 GF Score
Price $26.52
GF Value $19.31
! 6 Warning Signs
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What is Hiab Cyclically Adjusted Book per Share?

Hiab CYJBY -2.25% 79 Cyclically Adjusted Book per Share is $11.55 as of Jun. 2026. GuruFocus rates CYJBY with a GF Score™ of 79/100 and a GF Value™ of $19.31. The stock has 6 warning signs investors should review.

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.

Hiab's adjusted book value per share for the three months ended in Jun. 2026 was $9.037. 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 $11.55 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hiab's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Hiab was 6.10% per year. The lowest was 0.20% per year. And the median was 4.50% per year.

As of today (2026-08-23), Hiab's current stock price is $26.52. Hiab's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.55. Hiab's Cyclically Adjusted PB Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hiab was 2.58. The lowest was 0.48. And the median was 1.19.


Hiab  (OTCPK:CYJBY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.52/11.55
=2.30

* 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 Hiab was 2.58. The lowest was 0.48. And the median was 1.19.


Be Aware

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


Hiab Cyclically Adjusted Book per Share Related Terms


Hiab Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hiab'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.

Hiab Cyclically Adjusted Book per Share Chart

Hiab Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.61 9.71 7.96 13.96 13.24

Hiab Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.33 15.31 13.24 14.69 11.55

CYJBY vs CAT, DE, PCAR: Cyclically Adjusted Book per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, Hiab'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.


Hiab Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hiab's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CYJBY
79GF Score
Hiab Corp CYJBY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiab 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, Hiab's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.037/125.0800*125.0800
=9.037

Current CPI (Jun. 2026) = 125.0800.

Hiab Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.106 100.540 15.061
201612 11.417 101.020 14.136
201703 11.489 100.910 14.241
201706 12.183 101.140 15.067
201709 13.116 101.320 16.192
201712 13.053 101.510 16.084
201803 13.171 101.730 16.194
201806 12.445 102.320 15.213
201809 12.743 102.600 15.535
201812 14.797 102.710 18.020
201903 12.174 102.870 14.802
201906 12.334 103.360 14.926
201909 12.257 103.540 14.807
201912 12.288 103.650 14.829
202003 11.893 103.490 14.374
202006 11.555 103.320 13.989
202009 11.799 103.710 14.230
202012 12.251 103.890 14.750
202103 11.620 104.870 13.859
202106 12.000 105.360 14.246
202109 13.843 106.290 16.290
202112 13.530 107.490 15.744
202203 12.932 110.950 14.579
202206 12.703 113.570 13.990
202209 12.179 114.920 13.256
202212 12.548 117.320 13.378
202303 12.303 119.750 12.851
202306 13.189 120.690 13.669
202309 13.943 121.280 14.380
202312 14.859 121.540 15.292
202403 15.211 122.360 15.549
202406 9.714 122.230 9.940
202409 10.368 122.260 10.607
202412 8.398 122.390 8.583
202503 8.590 123.010 8.735
202506 9.299 122.530 9.493
202509 8.879 122.880 9.038
202512 9.165 122.670 9.345
202603 8.687 124.670 8.716
202606 9.037 125.080 9.037

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

What does a Cyclically Adjusted Book per Share of $11.55 mean?
Hiab (CYJBY) has a Cyclically Adjusted Book per Share of $11.55 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hiab and its competitors.
Is Hiab's Cyclically Adjusted Book per Share too high?
Hiab's current Cyclically Adjusted Book per Share is $11.55. Overall, Hiab has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Hiab's Cyclically Adjusted Book per Share compare to CAT and DE?
Hiab's Cyclically Adjusted Book per Share of $11.55 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted Book per Share depends on the Farm & Heavy Construction Machinery industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hiab and its competitors. Hiab's current Cyclically Adjusted Book per Share is $11.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiab stock overvalued right now?
Hiab (CYJBY) has a current Cyclically Adjusted Book per Share of $11.55. The stock's GF Value™ is $19.31, compared to a current price of $26.52 — trading 37.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $11.55. Hiab's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Hiab (CYJBY), the current Cyclically Adjusted Book per Share is $11.55 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hiab (CYJBY) Overvalued in 2026?

Based on GuruFocus' analysis, Hiab stock appears to be overvalued. The current stock price of $26.52 is trading 37.3% above its estimated GF Value™ of $19.31.

Key valuation signals for CYJBY:

  • Cyclically Adjusted Book per Share: $11.55
  • GF Value™: $19.31 vs. price of $26.52 (37.3% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the CYJBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiab Business Description

Address Itamerenkatu 25, P.O. Box 61, Helsinki, FIN, 00180
Hiab Corp provides cargo and load-handling solutions. The company is engaged in providing smart and sustainable on-road load-handling solutions, committed to delivering the customer experience every day with engaged people and partners. The reporting segments of the company are: Equipment comprises new equipment Including loader cranes, forestry and recycling cranes, truck-mounted forklifts, demountables, and tail lifts, and Services segment comprises spare parts, maintenance, accessories, installations, digital services, and refurbished equipment.
79GF Score

Get the complete analysis for CYJBY

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.52
Price
$19.31
GF Value