HIFS (Hingham Institution forvings) Cyclically Adjusted Book per Share: $172.37 (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.

HIFS Hingham Institution for Savings HIFS
57 GF Score
Price $301.13
GF Value $387.54
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hingham Institution forvings Cyclically Adjusted Book per Share?

Hingham Institution forvings HIFS +0.44% 57 Cyclically Adjusted Book per Share is $172.37 as of Jun. 2026. GuruFocus rates HIFS with a GF Score™ of 57/100 and a GF Value™ of $387.54 (Modestly Undervalued). The stock has 4 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.

Hingham Institution forvings's adjusted book value per share for the three months ended in Jun. 2026 was $229.291. 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 $172.37 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hingham Institution forvings's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.60% 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 Hingham Institution forvings was 18.50% per year. The lowest was 6.80% per year. And the median was 10.10% per year.

As of today (2026-08-09), Hingham Institution forvings's current stock price is $301.13. Hingham Institution forvings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $172.37. Hingham Institution forvings's Cyclically Adjusted PB Ratio of today is 1.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hingham Institution forvings was 4.46. The lowest was 1.21. And the median was 2.86.


Hingham Institution forvings  (NAS:HIFS) 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.

Hingham Institution forvings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=301.13/172.37
=1.75

* 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 Hingham Institution forvings was 4.46. The lowest was 1.21. And the median was 2.86.


Be Aware

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


Hingham Institution forvings Cyclically Adjusted Book per Share Related Terms


Hingham Institution forvings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hingham Institution forvings'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.

Hingham Institution forvings Cyclically Adjusted Book per Share Chart

Hingham Institution forvings 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 94.17 112.42 128.74 144.52 160.92

Hingham Institution forvings 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 153.80 158.01 160.92 167.15 172.37

HIFS vs NRIM, CIVB, NPB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Hingham Institution forvings'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.


Hingham Institution forvings Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Hingham Institution forvings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HIFS
57GF Score
Hingham Institution for Savings HIFS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hingham Institution forvings 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, Hingham Institution forvings'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)
=229.291/333.9520*333.9520
=229.291

Current CPI (Jun. 2026) = 333.9520.

Hingham Institution forvings Quarterly Data

Book Value per Share CPI Adj_Book
201609 72.339 241.428 100.062
201612 75.492 241.432 104.422
201703 78.278 243.801 107.223
201706 81.041 244.955 110.485
201709 84.256 246.819 114.000
201712 87.275 246.524 118.226
201803 91.134 249.554 121.955
201806 94.536 251.989 125.285
201809 98.334 252.439 130.086
201812 99.661 251.233 132.475
201903 103.881 254.202 136.471
201906 107.582 256.143 140.262
201909 111.459 256.759 144.968
201912 115.741 256.974 150.412
202003 116.331 258.115 150.510
202006 123.560 257.797 160.060
202009 130.235 260.280 167.098
202012 137.017 260.474 175.669
202103 144.152 264.877 181.744
202106 153.050 271.696 188.120
202109 159.064 274.310 193.649
202112 165.552 278.802 198.300
202203 170.523 287.504 198.072
202206 171.263 296.311 193.019
202209 175.552 296.808 197.521
202212 179.770 296.797 202.275
202303 182.924 301.836 202.388
202306 185.978 305.109 203.559
202309 186.778 307.789 202.655
202312 188.538 306.746 205.260
202403 190.091 312.332 203.249
202406 191.366 314.175 203.412
202409 193.441 315.301 204.884
202412 198.053 315.605 209.566
202503 200.714 319.799 209.597
202506 204.380 322.561 211.598
202509 211.694 324.800 217.659
202512 219.848 324.054 226.563
202603 220.093 330.213 222.585
202606 229.291 333.952 229.291

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 $172.37 mean?
Hingham Institution forvings (HIFS) has a Cyclically Adjusted Book per Share of $172.37 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 Hingham Institution forvings and its competitors.
Is Hingham Institution forvings' Cyclically Adjusted Book per Share too high?
Hingham Institution forvings' current Cyclically Adjusted Book per Share is $172.37. Overall, Hingham Institution forvings has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hingham Institution forvings' Cyclically Adjusted Book per Share compare to NRIM and CIVB?
Hingham Institution forvings' Cyclically Adjusted Book per Share of $172.37 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Hingham Institution forvings and its competitors. Hingham Institution forvings's current Cyclically Adjusted Book per Share is $172.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hingham Institution forvings stock overvalued right now?
Based on GuruFocus' analysis, Hingham Institution forvings (HIFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $387.54, compared to a current price of $301.13 — trading 22.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is $172.37. Hingham Institution forvings' overall GF Score™ is 57/100 with 4 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 Hingham Institution forvings (HIFS), the current Cyclically Adjusted Book per Share is $172.37 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 Hingham Institution forvings (HIFS) Overvalued in 2026?

Based on GuruFocus' analysis, Hingham Institution forvings stock appears to be undervalued. The current stock price of $301.13 is trading 22.3% below its estimated GF Value™ of $387.54. GuruFocus considers Hingham Institution forvings to be Modestly Undervalued.

Key valuation signals for HIFS:

  • Cyclically Adjusted Book per Share: $172.37
  • GF Value™: $387.54 vs. price of $301.13 (22.3% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Hingham Institution forvings Business Description

Address 55 Main Street, Hingham, MA, USA, 02043
Hingham Institution for Savings is a Massachusetts-chartered savings bank headquartered in Hingham, Massachusetts. The bank is principally engaged in the business of commercial and residential real estate mortgage lending, funded by a mix of retail and commercial deposits, wholesale deposits and borrowings. Its primary deposit products are savings, checking, and term certificate accounts, and its primary lending products are residential and commercial mortgage loans secured by properties in eastern Massachusetts. The bank also lends to commercial and residential real estate borrowers and services deposits for customers in the greater Washington, D.C. metropolitan area (WMA) and in the San Francisco Bay Area.
57GF Score

Get the complete analysis for HIFS

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

$301.13
Price
$387.54
GF Value