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HULCF (Hulic Co) Cyclically Adjusted Book per Share : $4.90 (As of Dec. 2024)


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What is Hulic Co 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.

Hulic Co's adjusted book value per share for the three months ended in Dec. 2024 was $7.112. 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 $4.90 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Hulic Co's average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Hulic Co was 13.10% per year. The lowest was -10.60% per year. And the median was 0.30% per year.

As of today (2025-05-19), Hulic Co's current stock price is $10.53. Hulic Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $4.90. Hulic Co's Cyclically Adjusted PB Ratio of today is 2.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hulic Co was 2.65. The lowest was 1.38. And the median was 1.92.


Hulic Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hulic Co'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.

Hulic Co Cyclically Adjusted Book per Share Chart

Hulic Co 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 4.46 4.84 4.31 4.60 4.90

Hulic Co 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 4.16 4.88 5.03 4.90 -

Competitive Comparison of Hulic Co's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Hulic Co'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.


Hulic Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hulic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hulic Co 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, Hulic Co'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)
=7.112/110.7000*110.7000
=7.112

Current CPI (Dec. 2024) = 110.7000.

Hulic Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 2.935 97.900 3.319
201506 3.686 98.400 4.147
201509 3.737 98.500 4.200
201512 3.904 98.100 4.405
201603 4.179 97.900 4.725
201606 4.535 98.100 5.117
201609 4.788 98.000 5.408
201612 4.411 98.400 4.962
201703 4.547 98.100 5.131
201706 4.856 98.500 5.457
201709 4.882 98.800 5.470
201712 5.047 99.400 5.621
201803 5.330 99.200 5.948
201806 5.397 99.200 6.023
201809 5.279 99.900 5.850
201812 5.423 99.700 6.021
201903 5.448 99.700 6.049
201906 5.854 99.800 6.493
201909 5.997 100.100 6.632
201912 6.297 100.500 6.936
202003 6.131 100.300 6.767
202006 6.386 99.900 7.076
202009 6.378 99.900 7.068
202012 7.017 99.300 7.823
202103 6.808 99.900 7.544
202106 7.035 99.500 7.827
202109 6.987 100.100 7.727
202112 7.352 100.100 8.131
202203 7.059 101.100 7.729
202206 6.446 101.800 7.010
202209 6.006 103.100 6.449
202212 6.679 104.100 7.102
202303 6.791 104.400 7.201
202306 6.763 105.200 7.117
202309 6.485 106.200 6.760
202312 6.988 106.800 7.243
202403 6.769 107.200 6.990
202406 6.636 108.200 6.789
202409 7.168 108.900 7.286
202412 7.112 110.700 7.112

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


Hulic Co  (OTCPK:HULCF) 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.

Hulic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.53/4.90
=2.15

* 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 Hulic Co was 2.65. The lowest was 1.38. And the median was 1.92.


Be Aware

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


Hulic Co Cyclically Adjusted Book per Share Related Terms

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


Hulic Co Business Description

Industry
Traded in Other Exchanges
Address
7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo, JPN
Hulic Co Ltd engages in real estate leasing of office buildings, residential properties, retail properties, hotels, and other properties across Tokyo. Although leasing is the core business, the company also operates a reconstruction business, development business, and investment business. Hulic's office buildings consist primarily of medium-sized offices and are constructed with quake-damping technology to ensure reliability and safety. Office buildings constitute nearly half of Hulic's portfolio. Aside from leasing condominiums, residential properties include housing built exclusively for the elderly. The group traditionally has staked its real estate business on accessibility by placing properties near stations and in metropolitan areas.

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