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Hamilton Lane (FRA:1M0) Cyclically Adjusted Book per Share : €6.61 (As of Mar. 2025)


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What is Hamilton Lane 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.

Hamilton Lane's adjusted book value per share for the three months ended in Mar. 2025 was €19.720. 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 €6.61 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Hamilton Lane's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

As of today (2025-05-30), Hamilton Lane's current stock price is €154.00. Hamilton Lane's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €6.61. Hamilton Lane's Cyclically Adjusted PB Ratio of today is 23.30.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Hamilton Lane was 24.77. The lowest was 13.77. And the median was 20.55.


Hamilton Lane Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hamilton Lane'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.

Hamilton Lane Cyclically Adjusted Book per Share Chart

Hamilton Lane Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.61

Hamilton Lane Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 6.61

Competitive Comparison of Hamilton Lane's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Hamilton Lane'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.


Hamilton Lane's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hamilton Lane's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hamilton Lane 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, Hamilton Lane's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=19.72/134.9266*134.9266
=19.720

Current CPI (Mar. 2025) = 134.9266.

Hamilton Lane Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.044 99.621 4.123
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 -6.486 100.470 -8.710
201606 0.000 101.688 0.000
201609 -5.987 101.861 -7.930
201612 -7.482 101.863 -9.911
201703 2.949 102.862 3.868
201706 2.905 103.349 3.793
201709 2.856 104.136 3.700
201712 2.534 104.011 3.287
201803 2.749 105.290 3.523
201806 3.092 106.317 3.924
201809 3.351 106.507 4.245
201812 3.514 105.998 4.473
201903 3.565 107.251 4.485
201906 3.729 108.070 4.656
201909 4.164 108.329 5.186
201912 4.331 108.420 5.390
202003 4.694 108.902 5.816
202006 4.519 108.767 5.606
202009 4.677 109.815 5.747
202012 5.092 109.897 6.252
202103 5.512 111.754 6.655
202106 5.797 114.631 6.823
202109 6.906 115.734 8.051
202112 8.179 117.630 9.382
202203 8.448 121.301 9.397
202206 9.347 125.017 10.088
202209 10.423 125.227 11.230
202212 9.838 125.222 10.600
202303 10.049 127.348 10.647
202306 10.399 128.729 10.900
202309 11.225 129.860 11.663
202312 11.115 129.419 11.588
202403 11.915 131.776 12.200
202406 12.980 132.554 13.212
202409 13.084 133.029 13.271
202412 14.842 133.157 15.039
202503 19.720 134.927 19.720

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


Hamilton Lane  (FRA:1M0) 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.

Hamilton Lane's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=154.00/6.61
=23.30

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Hamilton Lane was 24.77. The lowest was 13.77. And the median was 20.55.


Be Aware

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


Hamilton Lane Cyclically Adjusted Book per Share Related Terms

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


Hamilton Lane Business Description

Traded in Other Exchanges
Address
110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private market investment solutions provider in the United States. It works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world. The company offers a range of investment solutions across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity, venture capital and impact. The company generate revenues mainly from management and advisory fees.

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