GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huhtamaki Oyj (OTCPK:HOYFF) » Definitions » Cyclically Adjusted Book per Share

Huhtamaki Oyj (Huhtamaki Oyj) Cyclically Adjusted Book per Share : $15.43 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Huhtamaki Oyj 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.

Huhtamaki Oyj's adjusted book value per share for the three months ended in Mar. 2024 was $19.815. 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 $15.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huhtamaki Oyj's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Huhtamaki Oyj was 11.50% per year. The lowest was 4.60% per year. And the median was 7.75% per year.

As of today (2024-05-25), Huhtamaki Oyj's current stock price is $39.1449. Huhtamaki Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $15.43. Huhtamaki Oyj's Cyclically Adjusted PB Ratio of today is 2.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Huhtamaki Oyj was 4.56. The lowest was 2.17. And the median was 3.52.


Huhtamaki Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Huhtamaki Oyj'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.

Huhtamaki Oyj Cyclically Adjusted Book per Share Chart

Huhtamaki Oyj 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 10.41 9.60 12.24 13.77 15.27

Huhtamaki Oyj 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 13.36 15.77 13.75 15.27 15.43

Competitive Comparison of Huhtamaki Oyj's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Huhtamaki Oyj'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.


Huhtamaki Oyj's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Huhtamaki Oyj 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, Huhtamaki Oyj'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)
=19.815/122.3600*122.3600
=19.815

Current CPI (Mar. 2024) = 122.3600.

Huhtamaki Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.384 100.147 12.687
201409 10.652 100.726 12.940
201412 10.266 100.229 12.533
201503 9.956 100.120 12.168
201506 9.693 100.030 11.857
201509 9.929 100.130 12.133
201512 10.514 99.990 12.866
201603 10.897 100.080 13.323
201606 11.069 100.390 13.491
201609 11.522 100.540 14.023
201612 11.524 101.020 13.958
201703 12.063 100.910 14.627
201706 11.815 101.140 14.294
201709 12.742 101.320 15.388
201712 13.172 101.510 15.878
201803 13.859 101.730 16.669
201806 13.169 102.320 15.748
201809 13.317 102.600 15.882
201812 13.249 102.710 15.784
201903 13.944 102.870 16.586
201906 13.520 103.360 16.005
201909 13.968 103.540 16.507
201912 14.353 103.650 16.944
202003 14.405 103.490 17.032
202006 15.007 103.320 17.773
202009 14.710 103.710 17.355
202012 14.970 103.890 17.631
202103 15.655 104.870 18.266
202106 15.355 105.360 17.833
202109 15.672 106.290 18.041
202112 16.464 107.490 18.742
202203 17.261 110.950 19.036
202206 17.465 113.570 18.817
202209 18.403 114.920 19.594
202212 18.699 117.320 19.502
202303 18.936 119.750 19.349
202306 18.235 120.690 18.487
202309 19.053 121.280 19.223
202312 19.177 121.540 19.306
202403 19.815 122.360 19.815

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


Huhtamaki Oyj  (OTCPK:HOYFF) 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.

Huhtamaki Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.1449/15.43
=2.54

* 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 Huhtamaki Oyj was 4.56. The lowest was 2.17. And the median was 3.52.


Be Aware

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


Huhtamaki Oyj Cyclically Adjusted Book per Share Related Terms

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


Huhtamaki Oyj (Huhtamaki Oyj) Business Description

Traded in Other Exchanges
Address
Revontulenkuja 1, Espoo, FIN, 02100
Huhtamäki Oyj is a Finland-based company engaged in manufacturing and selling consumer packaging products. The company operates in three segments; Fiber Foodservice Europe, Asia, and Oceania segment offer high-quality paperboard and molded fiber packaging for fresh food and beverages, the North America segment serves retail tableware, food service, and consumer goods packaging markets, and The flexible Packaging segment offer light and flexible packaging materials, pouches and labels for food and beverages, coffee packaging, pet food packaging, barrier packaging, retort pouches and packaging for healthcare products.