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HLAGF (Hapag-Lloyd AG) Cyclically Adjusted Book per Share : $75.29 (As of Dec. 2024)


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What is Hapag-Lloyd AG 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.

Hapag-Lloyd AG's adjusted book value per share for the three months ended in Dec. 2024 was $123.049. 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 $75.29 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Hapag-Lloyd AG's average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.60% 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 Hapag-Lloyd AG was 21.60% per year. The lowest was 21.60% per year. And the median was 21.60% per year.

As of today (2025-04-14), Hapag-Lloyd AG's current stock price is $140.00. Hapag-Lloyd AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $75.29. Hapag-Lloyd AG's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hapag-Lloyd AG was 9.83. The lowest was 1.63. And the median was 3.50.


Hapag-Lloyd AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hapag-Lloyd AG'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.

Hapag-Lloyd AG Cyclically Adjusted Book per Share Chart

Hapag-Lloyd AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 47.17 58.43 75.83 75.29

Hapag-Lloyd AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 75.83 74.83 74.59 77.50 75.29

Competitive Comparison of Hapag-Lloyd AG's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Hapag-Lloyd AG'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.


Hapag-Lloyd AG's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hapag-Lloyd AG's Cyclically Adjusted PB Ratio falls into.


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Hapag-Lloyd AG 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, Hapag-Lloyd AG'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)
=123.049/127.0412*127.0412
=123.049

Current CPI (Dec. 2024) = 127.0412.

Hapag-Lloyd AG Quarterly Data

Book Value per Share CPI Adj_Book
201503 48.739 99.717 62.095
201506 44.622 100.417 56.453
201509 44.528 100.417 56.334
201512 45.970 99.717 58.567
201603 44.404 100.017 56.402
201606 44.545 100.717 56.188
201609 44.423 101.017 55.867
201612 44.659 101.217 56.053
201703 44.221 101.417 55.394
201706 37.847 102.117 47.085
201709 39.133 102.717 48.400
201712 40.708 102.617 50.397
201803 41.115 102.917 50.752
201806 40.770 104.017 49.794
201809 41.034 104.718 49.782
201812 40.446 104.217 49.304
201903 41.221 104.217 50.248
201906 40.611 105.718 48.802
201909 41.963 106.018 50.284
201912 41.765 105.818 50.142
202003 42.719 105.718 51.336
202006 42.776 106.618 50.970
202009 44.427 105.818 53.338
202012 46.425 105.518 55.895
202103 56.063 107.518 66.243
202106 62.219 108.486 72.861
202109 81.912 109.435 95.090
202112 103.821 110.384 119.488
202203 129.922 113.968 144.825
202206 123.448 115.760 135.478
202209 153.325 118.818 163.937
202212 168.116 119.345 178.957
202303 178.178 122.402 184.931
202306 117.327 123.140 121.044
202309 119.995 124.195 122.745
202312 115.960 123.773 119.022
202403 120.349 125.038 122.277
202406 112.723 125.882 113.761
202409 117.268 126.198 118.052
202412 123.049 127.041 123.049

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


Hapag-Lloyd AG  (OTCPK:HLAGF) 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.

Hapag-Lloyd AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=140.00/75.29
=1.86

* 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 Hapag-Lloyd AG was 9.83. The lowest was 1.63. And the median was 3.50.


Be Aware

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


Hapag-Lloyd AG Cyclically Adjusted Book per Share Related Terms

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


Hapag-Lloyd AG Business Description

Industry
Address
Ballindamm 25, Hamburg, DEU, 20095
German-listed Hapag-Lloyd AG operates global trade, shipping, inland services, and terminals assets globally. Hapag-Lloyd liner shipping, the largest contributor to group revenue and earnings, has the fifth-largest shipping capacity globally. Hapag also provides various services such as e-business solutions, inland services, and terminal operations.

Hapag-Lloyd AG Headlines

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