Bremer Lagerhaus-Gesellschaft (HAM:BLH) Cyclically Adjusted Book per Share: €66.47 (As of Dec. 2025)


HAM:BLH Bremer Lagerhaus-Gesellschaft HAM:BLH
65 GF Score
Price €10.20
GF Value €8.64
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Bremer Lagerhaus-Gesellschaft Cyclically Adjusted Book per Share?

Bremer Lagerhaus-Gesellschaft HAM:BLH 65 Cyclically Adjusted Book per Share is €66.47 as of Dec. 2025. GuruFocus rates HAM:BLH with a GF Score™ of 65/100 and a GF Value™ of €8.64 (Modestly Overvalued). 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.

Bremer Lagerhaus-Gesellschaft's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was €100.910. 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 €66.47 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Bremer Lagerhaus-Gesellschaft's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Bremer Lagerhaus-Gesellschaft was 11.90% per year. The lowest was -3.30% per year. And the median was 2.70% per year.

As of today (2026-07-11), Bremer Lagerhaus-Gesellschaft's current stock price is € 10.20. Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was €66.47. Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bremer Lagerhaus-Gesellschaft was 0.39. The lowest was 0.14. And the median was 0.19.


Bremer Lagerhaus-Gesellschaft  (HAM:BLH) 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.

Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.20/66.47
=0.15

* 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 Bremer Lagerhaus-Gesellschaft was 0.39. The lowest was 0.14. And the median was 0.19.


Be Aware

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


Bremer Lagerhaus-Gesellschaft Cyclically Adjusted Book per Share Related Terms


Bremer Lagerhaus-Gesellschaft Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bremer Lagerhaus-Gesellschaft'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.

Bremer Lagerhaus-Gesellschaft Cyclically Adjusted Book per Share Chart

Bremer Lagerhaus-Gesellschaft 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 58.52 60.37 63.69 79.31 66.47

Bremer Lagerhaus-Gesellschaft Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 63.69 0.00 79.31 0.00 66.47

HAM:BLH vs UPS, FDX, JBHT: Cyclically Adjusted Book per Share Comparison

For the Integrated Freight & Logistics subindustry, Bremer Lagerhaus-Gesellschaft'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.


Bremer Lagerhaus-Gesellschaft Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted PB Ratio falls into.


HAM:BLH
65GF Score
Bremer Lagerhaus-Gesellschaft HAM:BLH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Bremer Lagerhaus-Gesellschaft 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, Bremer Lagerhaus-Gesellschaft's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=100.91/129.3606*129.3606
=100.910

Current CPI (Dec. 2025) = 129.3606.

Bremer Lagerhaus-Gesellschaft Annual Data

Book Value per Share CPI Adj_Book
201612 55.171 101.217 70.511
201712 59.404 102.617 74.886
201812 62.923 104.217 78.104
201912 50.705 105.818 61.986
202012 14.117 105.518 17.307
202112 38.895 110.384 45.582
202212 70.687 119.345 76.619
202312 72.590 123.773 75.867
202412 90.717 127.041 92.373
202512 100.910 129.361 100.910

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 €66.47 mean?
Bremer Lagerhaus-Gesellschaft (HAM:BLH) has a Cyclically Adjusted Book per Share of €66.47 as of Dec. 2025. 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 Bremer Lagerhaus-Gesellschaft and its competitors.
Is Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted Book per Share too high?
Bremer Lagerhaus-Gesellschaft's current Cyclically Adjusted Book per Share is €66.47. Overall, Bremer Lagerhaus-Gesellschaft has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted Book per Share compare to UPS and FDX?
Bremer Lagerhaus-Gesellschaft's Cyclically Adjusted Book per Share of €66.47 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Bremer Lagerhaus-Gesellschaft and its competitors. Bremer Lagerhaus-Gesellschaft's current Cyclically Adjusted Book per Share is €66.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bremer Lagerhaus-Gesellschaft stock overvalued right now?
Based on GuruFocus' analysis, Bremer Lagerhaus-Gesellschaft (HAM:BLH) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.64, compared to a current price of €10.20 — trading 18.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is €66.47. Bremer Lagerhaus-Gesellschaft's overall GF Score™ is 65/100 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 Bremer Lagerhaus-Gesellschaft (HAM:BLH), the current Cyclically Adjusted Book per Share is €66.47 as of Dec. 2025. 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 Bremer Lagerhaus-Gesellschaft (HAM:BLH) Overvalued in 2026?

Based on GuruFocus' analysis, Bremer Lagerhaus-Gesellschaft stock appears to be overvalued. The current stock price of €10.20 is trading 18.1% above its estimated GF Value™ of €8.64. GuruFocus considers Bremer Lagerhaus-Gesellschaft to be Modestly Overvalued.

Key valuation signals for HAM:BLH:

  • Cyclically Adjusted Book per Share: €66.47
  • GF Value™: €8.64 vs. price of €10.20 (18.1% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Bremer Lagerhaus-Gesellschaft Business Description

Other Exchanges BLH:Germany
Address Praesident-Kennedy-Platz 1, Bremen, DEU, 28203
Bremer Lagerhaus-Gesellschaft is engaged in the provision of logistics services. The company operates through three segments which include Automobile, Contract, and Container. The Automobile segment, which generates maximum revenue consists of logistics of finished vehicles and includes handling, storage, technical processing and forwarding and transport logistics through rail, road and inland waterway. Its Contract segment offers automotive, industrial, retail and seaport logistics, forwarding services and logistics for the offshore wind industry. The Container segment focuses on container handling.
65GF Score

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

€10.20
Price
€8.64
GF Value