Haverty Furniture (FRA:25F) Cyclically Adjusted Book per Share: €17.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:25F Haverty Furniture Companies Inc FRA:25F
69 GF Score
Price €23.60
GF Value €21.46
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Haverty Furniture Cyclically Adjusted Book per Share?

Haverty Furniture FRA:25F -0.84% 69 Cyclically Adjusted Book per Share is €17.00 as of Jun. 2026. GuruFocus rates FRA:25F with a GF Score™ of 69/100 and a GF Value™ of €21.46 (Fairly Valued). The stock has 9 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.

Haverty Furniture's adjusted book value per share for the three months ended in Jun. 2026 was €16.494. 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 €17.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Haverty Furniture's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 Haverty Furniture was 8.20% per year. The lowest was -0.10% per year. And the median was 4.20% per year.

As of today (2026-09-16), Haverty Furniture's current stock price is €23.60. Haverty Furniture's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €17.00. Haverty Furniture's Cyclically Adjusted PB Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Haverty Furniture was 3.50. The lowest was 0.71. And the median was 1.61.


Haverty Furniture  (FRA:25F) 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.

Haverty Furniture's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.60/16.996
=1.39

* 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 Haverty Furniture was 3.50. The lowest was 0.71. And the median was 1.61.


Be Aware

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


Haverty Furniture Cyclically Adjusted Book per Share Related Terms


Haverty Furniture Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Haverty Furniture'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.

Haverty Furniture Cyclically Adjusted Book per Share Chart

Haverty Furniture 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 12.91 14.28 15.22 16.06 16.39

Haverty Furniture 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 16.47 16.58 16.52 16.82 17.00

FRA:25F vs TTSH, LIVE, HD: Cyclically Adjusted Book per Share Comparison

For the Home Improvement Retail subindustry, Haverty Furniture'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.


Haverty Furniture Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Haverty Furniture's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:25F
69GF Score
Haverty Furniture Companies Inc FRA:25F
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haverty Furniture 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, Haverty Furniture'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)
=16.494/333.9520*333.9520
=16.494

Current CPI (Jun. 2026) = 333.9520.

Haverty Furniture Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.440 241.428 17.207
201612 12.717 241.432 17.590
201703 12.736 243.801 17.445
201706 12.046 244.955 16.423
201709 11.768 246.819 15.922
201712 11.592 246.524 15.703
201803 11.410 249.554 15.269
201806 11.969 251.989 15.862
201809 12.191 252.439 16.127
201812 11.748 251.233 15.616
201903 12.258 254.202 16.104
201906 11.957 256.143 15.589
201909 12.612 256.759 16.404
201912 12.191 256.974 15.843
202003 12.340 258.115 15.966
202006 12.559 257.797 16.269
202009 12.575 260.280 16.134
202012 11.352 260.474 14.554
202103 12.605 264.877 15.892
202106 13.294 271.696 16.340
202109 14.117 274.310 17.186
202112 13.144 278.802 15.744
202203 14.011 287.504 16.275
202206 15.618 296.311 17.602
202209 17.928 296.808 20.172
202212 16.790 296.797 18.892
202303 16.773 301.836 18.558
202306 17.106 305.109 18.723
202309 18.370 307.789 19.932
202312 17.288 306.746 18.821
202403 17.489 312.332 18.700
202406 17.462 314.175 18.561
202409 16.807 315.301 17.801
202412 18.341 315.605 19.407
202503 17.501 319.799 18.276
202506 15.966 322.561 16.530
202509 16.011 324.800 16.462
202512 16.241 324.054 16.737
202603 16.534 330.213 16.721
202606 16.494 333.952 16.494

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 €17.00 mean?
Haverty Furniture (FRA:25F) has a Cyclically Adjusted Book per Share of €17.00 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 Haverty Furniture and its competitors.
Is Haverty Furniture's Cyclically Adjusted Book per Share too high?
Haverty Furniture's current Cyclically Adjusted Book per Share is €17.00. Overall, Haverty Furniture has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Haverty Furniture's Cyclically Adjusted Book per Share compare to TTSH and LIVE?
Haverty Furniture's Cyclically Adjusted Book per Share of €17.00 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Haverty Furniture and its competitors. Haverty Furniture's current Cyclically Adjusted Book per Share is €17.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haverty Furniture stock overvalued right now?
Based on GuruFocus' analysis, Haverty Furniture (FRA:25F) is currently considered Fairly Valued. The stock's GF Value™ is €21.46, compared to a current price of €23.60 — trading 10% above its estimated fair value. The current Cyclically Adjusted Book per Share is €17.00. Haverty Furniture's overall GF Score™ is 69/100 with 9 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 Haverty Furniture (FRA:25F), the current Cyclically Adjusted Book per Share is €17.00 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 Haverty Furniture (FRA:25F) Overvalued in 2026?

Based on GuruFocus' analysis, Haverty Furniture stock appears to be overvalued. The current stock price of €23.60 is trading 10% above its estimated GF Value™ of €21.46. GuruFocus considers Haverty Furniture to be Fairly Valued.

Key valuation signals for FRA:25F:

  • Cyclically Adjusted Book per Share: €17.00
  • GF Value™: €21.46 vs. price of €23.60 (10% above fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the FRA:25F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haverty Furniture Business Description

Other Exchanges HVT.A:USAHVT:USA
Address 780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, floral and Tress, and other related products. The company operates in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of revenue from its upholstery products and, secondarily, from bedroom furniture.
69GF Score

Get the complete analysis for FRA:25F

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

€23.60
Price
€21.46
GF Value