GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hino Motors Ltd (FRA:HMO) » Definitions » Cyclically Adjusted Book per Share

Hino Motors (FRA:HMO) Cyclically Adjusted Book per Share : €5.22 (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Hino Motors 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.

Hino Motors's adjusted book value per share for the three months ended in Dec. 2024 was €1.368. 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 €5.22 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Hino Motors'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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hino Motors was 8.90% per year. The lowest was 6.50% per year. And the median was 8.30% per year.

As of today (2025-05-27), Hino Motors's current stock price is €2.74. Hino Motors's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €5.22. Hino Motors's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hino Motors was 2.74. The lowest was 0.41. And the median was 1.14.


Hino Motors Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hino Motors'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.

Hino Motors Cyclically Adjusted Book per Share Chart

Hino Motors 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 5.57 5.80 5.77 5.20 -

Hino Motors 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 5.20 5.01 5.42 5.22 -

Competitive Comparison of Hino Motors's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Hino Motors'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.


Hino Motors's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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


;
;

Hino Motors 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, Hino Motors's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.368/110.7000*110.7000
=1.368

Current CPI (Dec. 2024) = 110.7000.

Hino Motors Quarterly Data

Book Value per Share CPI Adj_Book
201503 5.609 97.900 6.342
201506 5.351 98.400 6.020
201509 5.594 98.500 6.287
201512 5.874 98.100 6.628
201603 5.956 97.900 6.735
201606 6.109 98.100 6.894
201609 6.550 98.000 7.399
201612 6.411 98.400 7.212
201703 6.717 98.100 7.580
201706 6.602 98.500 7.420
201709 6.422 98.800 7.196
201712 6.550 99.400 7.295
201803 6.695 99.200 7.471
201806 6.858 99.200 7.653
201809 6.938 99.900 7.688
201812 7.061 99.700 7.840
201903 7.528 99.700 8.359
201906 7.710 99.800 8.552
201909 8.103 100.100 8.961
201912 8.141 100.500 8.967
202003 7.939 100.300 8.762
202006 7.790 99.900 8.632
202009 7.562 99.900 8.380
202012 7.558 99.300 8.426
202103 7.461 99.900 8.268
202106 7.280 99.500 8.099
202109 7.479 100.100 8.271
202112 7.580 100.100 8.383
202203 6.112 101.100 6.692
202206 5.753 101.800 6.256
202209 5.825 103.100 6.254
202212 5.409 104.100 5.752
202303 4.479 104.400 4.749
202306 4.205 105.200 4.425
202309 4.173 106.200 4.350
202312 4.085 106.800 4.234
202403 4.194 107.200 4.331
202406 3.999 108.200 4.091
202409 1.991 108.900 2.024
202412 1.368 110.700 1.368

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


Hino Motors  (FRA:HMO) 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.

Hino Motors's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.74/5.22
=0.52

* 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 Hino Motors was 2.74. The lowest was 0.41. And the median was 1.14.


Be Aware

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


Hino Motors Cyclically Adjusted Book per Share Related Terms

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


Hino Motors Business Description

Traded in Other Exchanges
Address
1-1 Hinodai 3-chome, Hino-shi, Tokyo, JPN
Hino Motors Ltd is a Japanese automobile manufacturer, and a subsidiary of Toyota Motor. The company primarily manufactures and sells medium and heavy commercial vehicles, such as trucks and buses, and light commercial vehicles under the Hino brand. These operations contribute the majority of consolidated revenue. In addition, Hino manufactures passenger vehicles under the Toyota brand, along with engines and spare parts. Domestic sales represent the largest share of Hino's revenue, with Asia excluding Japan the next most significant contributor.

Hino Motors Headlines

No Headlines