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HSHZY (Hoshizaki) Cyclically Adjusted Book per Share : $3.22 (As of Dec. 2024)


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What is Hoshizaki 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.

Hoshizaki's adjusted book value per share for the three months ended in Dec. 2024 was $4.158. 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 $3.22 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Hoshizaki's average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Hoshizaki was 11.30% per year. The lowest was 7.50% per year. And the median was 9.50% per year.

As of today (2025-05-20), Hoshizaki's current stock price is $11.00. Hoshizaki's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $3.22. Hoshizaki's Cyclically Adjusted PB Ratio of today is 3.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hoshizaki was 5.88. The lowest was 2.47. And the median was 3.40.


Hoshizaki Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hoshizaki'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.

Hoshizaki Cyclically Adjusted Book per Share Chart

Hoshizaki 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 - 2.86 2.65 2.60 3.22

Hoshizaki Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.79 2.67 3.14 3.22 -

Competitive Comparison of Hoshizaki's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Hoshizaki'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.


Hoshizaki's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoshizaki's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hoshizaki 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, Hoshizaki'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)
=4.158/110.7000*110.7000
=4.158

Current CPI (Dec. 2024) = 110.7000.

Hoshizaki Quarterly Data

Book Value per Share CPI Adj_Book
201503 2.338 97.900 2.644
201506 2.381 98.400 2.679
201509 2.494 98.500 2.803
201512 2.467 98.100 2.784
201603 2.618 97.900 2.960
201606 2.808 98.100 3.169
201609 3.003 98.000 3.392
201612 2.762 98.400 3.107
201703 2.837 98.100 3.201
201706 3.007 98.500 3.379
201709 3.150 98.800 3.529
201712 3.133 99.400 3.489
201803 3.298 99.200 3.680
201806 3.320 99.200 3.705
201809 3.414 99.900 3.783
201812 3.419 99.700 3.796
201903 3.476 99.700 3.860
201906 3.629 99.800 4.025
201909 3.760 100.100 4.158
201912 3.805 100.500 4.191
202003 3.790 100.300 4.183
202006 3.784 99.900 4.193
202009 3.895 99.900 4.316
202012 3.960 99.300 4.415
202103 3.861 99.900 4.278
202106 3.887 99.500 4.325
202109 3.975 100.100 4.396
202112 3.909 100.100 4.323
202203 3.859 101.100 4.225
202206 3.751 101.800 4.079
202209 3.639 103.100 3.907
202212 3.696 104.100 3.930
202303 3.827 104.400 4.058
202306 3.910 105.200 4.114
202309 3.887 106.200 4.052
202312 3.937 106.800 4.081
202403 3.947 107.200 4.076
202406 4.006 108.200 4.099
202409 4.127 108.900 4.195
202412 4.158 110.700 4.158

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


Hoshizaki  (OTCPK:HSHZY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.00/3.22
=3.42

* 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 Hoshizaki was 5.88. The lowest was 2.47. And the median was 3.40.


Be Aware

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


Hoshizaki Cyclically Adjusted Book per Share Related Terms

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


Hoshizaki Business Description

Industry
Traded in Other Exchanges
Address
South Building 3-16 Sakae-cho, Aichi, JPN, 470-1194
Hoshizaki Corporation manufactures/sells commercial food service equipment globally. The company's main products include refrigerators, ice machines, dishwashers, beer dispensers, and hygiene control equipment. Its products are used in mainly restaurants, supermarkets, cafeterias, and the agro-fishery industry. The company was formerly known as Hoshizaki Electric Co., Ltd. and changed its name to Hoshizaki Corporation in July 2016. Hoshizaki Corporation was founded in 1947 and its headquarters are in Toyoake (Aichi prefecture), Japan.

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