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Helios Technologies (FRA:SH7) Cyclically Adjusted Book per Share : €16.57 (As of Mar. 2024)


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What is Helios Technologies 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.

Helios Technologies's adjusted book value per share for the three months ended in Mar. 2024 was €23.737. 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 €16.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Helios Technologies's average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.30% 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 Helios Technologies was 17.60% per year. The lowest was 7.20% per year. And the median was 12.50% per year.

As of today (2024-06-05), Helios Technologies's current stock price is €43.00. Helios Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.57. Helios Technologies's Cyclically Adjusted PB Ratio of today is 2.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Helios Technologies was 10.10. The lowest was 2.27. And the median was 5.75.


Helios Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Helios Technologies'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.

Helios Technologies Cyclically Adjusted Book per Share Chart

Helios Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.43 8.76 11.82 14.85 15.70

Helios Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.65 15.30 16.29 15.70 16.57

Competitive Comparison of Helios Technologies's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Helios Technologies'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.


Helios Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Helios Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Helios Technologies 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, Helios Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.737/131.7762*131.7762
=23.737

Current CPI (Mar. 2024) = 131.7762.

Helios Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.017 100.560 7.885
201409 5.654 100.428 7.419
201412 6.051 99.070 8.049
201503 7.063 99.621 9.343
201506 7.152 100.684 9.361
201509 7.305 100.392 9.589
201512 7.615 99.792 10.056
201603 7.715 100.470 10.119
201606 7.766 101.688 10.064
201609 7.923 101.861 10.250
201612 8.320 101.863 10.763
201703 8.576 102.862 10.987
201706 8.447 103.349 10.770
201709 8.332 104.136 10.544
201712 8.509 104.011 10.780
201803 13.481 105.290 16.872
201806 13.634 106.317 16.899
201809 14.119 106.507 17.469
201812 14.596 105.998 18.146
201903 14.950 107.251 18.369
201906 15.431 108.070 18.816
201909 15.830 108.329 19.256
201912 16.222 108.420 19.717
202003 15.564 108.902 18.833
202006 15.688 108.767 19.007
202009 15.549 109.815 18.659
202012 15.554 109.897 18.651
202103 16.298 111.754 19.218
202106 16.944 114.631 19.478
202109 18.061 115.734 20.564
202112 19.359 117.630 21.687
202203 20.566 121.301 22.342
202206 21.741 125.017 22.916
202209 23.321 125.227 24.541
202212 23.018 125.222 24.223
202303 23.178 127.348 23.984
202306 23.704 128.729 24.265
202309 23.908 129.860 24.261
202312 23.676 129.419 24.107
202403 23.737 131.776 23.737

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


Helios Technologies  (FRA:SH7) 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.

Helios Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.00/16.57
=2.60

* 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 Helios Technologies was 10.10. The lowest was 2.27. And the median was 5.75.


Be Aware

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


Helios Technologies Cyclically Adjusted Book per Share Related Terms

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


Helios Technologies (FRA:SH7) Business Description

Traded in Other Exchanges
Address
7456 16th Street E, Sarasota, FL, USA, 34243
Helios Technologies Inc is a United States-based industrial technology company that develops, manufactures, and markets solutions for the hydraulics and electronics markets. It operates under two business segments: Hydraulics and Electronics. The Hydraulics segment designs and manufactures hydraulic cartridge valves, hydraulic quick release couplings as well as engineers complete hydraulic systems. The Electronics segment designs and manufactures customized electronic controls systems and displays for a variety of end markets including industrial and mobile, recreational and health and wellness.

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