Universal (HAM:UVV) Cyclically Adjusted Book per Share: €58.17 (As of Jun. 2026)

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HAM:UVV Universal Corp HAM:UVV
75 GF Score
Price €38.36
GF Value €45.09
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Universal Cyclically Adjusted Book per Share?

Universal HAM:UVV -0.16% 75 Cyclically Adjusted Book per Share is €58.17 as of Jun. 2026. GuruFocus rates HAM:UVV with a GF Score™ of 75/100 and a GF Value™ of €45.09 (Modestly Undervalued). The stock has 8 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.

Universal's adjusted book value per share for the three months ended in Jun. 2026 was €48.340. 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 €58.17 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Universal's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Universal was 10.70% per year. The lowest was 1.60% per year. And the median was 5.65% per year.

As of today (2026-08-18), Universal's current stock price is €38.36. Universal's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €58.17. Universal's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Universal was 1.67. The lowest was 0.68. And the median was 0.92.


Universal  (HAM:UVV) 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.

Universal's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.36/58.17
=0.66

* 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 Universal was 1.67. The lowest was 0.68. And the median was 0.92.


Be Aware

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


Universal Cyclically Adjusted Book per Share Related Terms


Universal Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Universal'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.

Universal Cyclically Adjusted Book per Share Chart

Universal Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 57.29

Universal 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 0.00 0.00 54.75 57.29 58.17

HAM:UVV vs TPB, AIIR, ISPR: Cyclically Adjusted Book per Share Comparison

For the Tobacco subindustry, Universal'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.


Universal Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Universal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:UVV
75GF Score
Universal Corp HAM:UVV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal 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, Universal'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)
=48.34/333.9520*333.9520
=48.340

Current CPI (Jun. 2026) = 333.9520.

Universal Quarterly Data

Book Value per Share CPI Adj_Book
201609 46.575 241.428 64.424
201612 50.190 241.432 69.423
201703 47.591 243.801 65.189
201706 45.054 244.955 61.423
201709 43.042 246.819 58.237
201712 44.580 246.524 60.390
201803 43.669 249.554 58.438
201806 45.332 251.989 60.077
201809 45.867 252.439 60.678
201812 47.331 251.233 62.915
201903 47.352 254.202 62.208
201906 46.440 256.143 60.547
201909 47.467 256.759 61.738
201912 47.737 256.974 62.037
202003 46.197 258.115 59.770
202006 44.828 257.797 58.070
202009 42.926 260.280 55.076
202012 42.601 260.474 54.618
202103 44.794 264.877 56.475
202106 44.032 271.696 54.121
202109 44.814 274.310 54.558
202112 47.331 278.802 56.694
202203 49.581 287.504 57.591
202206 50.970 296.311 57.445
202209 54.494 296.808 61.314
202212 52.315 296.797 58.864
202303 53.141 301.836 58.795
202306 51.727 305.109 56.617
202309 52.813 307.789 57.302
202312 52.912 306.746 57.605
202403 53.808 312.332 57.533
202406 53.214 314.175 56.564
202409 51.785 315.301 54.848
202412 56.050 315.605 59.308
202503 54.587 319.799 57.003
202506 50.987 322.561 52.788
202509 50.270 324.800 51.686
202512 50.813 324.054 52.365
202603 49.124 330.213 49.680
202606 48.340 333.952 48.340

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 €58.17 mean?
Universal (HAM:UVV) has a Cyclically Adjusted Book per Share of €58.17 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 Universal and its competitors.
Is Universal's Cyclically Adjusted Book per Share too high?
Universal's current Cyclically Adjusted Book per Share is €58.17. Overall, Universal has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal's Cyclically Adjusted Book per Share compare to TPB and AIIR?
Universal's Cyclically Adjusted Book per Share of €58.17 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Cyclically Adjusted Book per Share depends on the Tobacco Products 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 Universal and its competitors. Universal's current Cyclically Adjusted Book per Share is €58.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal stock overvalued right now?
Based on GuruFocus' analysis, Universal (HAM:UVV) is currently considered Modestly Undervalued. The stock's GF Value™ is €45.09, compared to a current price of €38.36 — trading 14.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is €58.17. Universal's overall GF Score™ is 75/100 with 8 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 Universal (HAM:UVV), the current Cyclically Adjusted Book per Share is €58.17 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 Universal (HAM:UVV) Overvalued in 2026?

Based on GuruFocus' analysis, Universal stock appears to be undervalued. The current stock price of €38.36 is trading 14.9% below its estimated GF Value™ of €45.09. GuruFocus considers Universal to be Modestly Undervalued.

Key valuation signals for HAM:UVV:

  • Cyclically Adjusted Book per Share: €58.17
  • GF Value™: €45.09 vs. price of €38.36 (14.9% below fair value)
  • GF Score™: 75/100 with 8 warning signs

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


Universal Business Description

Other Exchanges UVV:USA0LJD:UKUVV:Germany
Address 9201 Forest Hill Avenue, Richmond, VA, USA, 23235
Universal Corp is an international leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segments include Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States. The company operates in the USA, Belgium, China, Egypt, Philippines, Germany, and Other Countries with majority of revenue from USA.
75GF Score

Get the complete analysis for HAM:UVV

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

€38.36
Price
€45.09
GF Value