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Husqvarna AB (Husqvarna AB) Cyclically Adjusted Book per Share : $3.33 (As of Mar. 2024)


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What is Husqvarna AB 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.

Husqvarna AB's adjusted book value per share for the three months ended in Mar. 2024 was $4.400. 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 $3.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Husqvarna AB's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Husqvarna AB was 12.30% per year. The lowest was 5.60% per year. And the median was 10.40% per year.

As of today (2024-05-18), Husqvarna AB's current stock price is $8.55905. Husqvarna AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.33. Husqvarna AB's Cyclically Adjusted PB Ratio of today is 2.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Husqvarna AB was 5.15. The lowest was 1.79. And the median was 2.98.


Husqvarna AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Husqvarna AB'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.

Husqvarna AB Cyclically Adjusted Book per Share Chart

Husqvarna AB 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 2.71 3.19 3.18 3.25 3.74

Husqvarna AB 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 3.33 2.87 3.75 3.74 3.33

Competitive Comparison of Husqvarna AB's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, Husqvarna AB'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.


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

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

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



Husqvarna AB 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, Husqvarna AB'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)
=4.4/132.2054*132.2054
=4.400

Current CPI (Mar. 2024) = 132.2054.

Husqvarna AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.279 100.432 4.316
201409 3.147 100.161 4.154
201412 2.761 100.225 3.642
201503 2.637 99.950 3.488
201506 2.731 99.995 3.611
201509 2.755 100.228 3.634
201512 2.679 100.276 3.532
201603 2.855 100.751 3.746
201606 2.912 101.019 3.811
201609 2.913 101.138 3.808
201612 2.722 102.022 3.527
201703 3.014 102.022 3.906
201706 3.116 102.752 4.009
201709 3.377 103.279 4.323
201712 3.268 103.793 4.163
201803 3.575 103.962 4.546
201806 3.434 104.875 4.329
201809 3.335 105.679 4.172
201812 3.101 105.912 3.871
201903 3.247 105.886 4.054
201906 3.231 106.742 4.002
201909 3.198 107.214 3.943
201912 3.202 107.766 3.928
202003 3.326 106.563 4.126
202006 3.630 107.498 4.464
202009 3.895 107.635 4.784
202012 3.562 108.296 4.348
202103 3.988 108.360 4.866
202106 4.195 108.928 5.091
202109 4.276 110.338 5.123
202112 4.172 112.486 4.903
202203 4.381 114.825 5.044
202206 4.371 118.384 4.881
202209 4.252 122.296 4.597
202212 4.054 126.365 4.241
202303 4.317 127.042 4.492
202306 4.276 129.407 4.368
202309 4.124 130.224 4.187
202312 4.055 131.912 4.064
202403 4.400 132.205 4.400

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


Husqvarna AB  (OTCPK:HUSQF) 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.

Husqvarna AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.55905/3.33
=2.57

* 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 Husqvarna AB was 5.15. The lowest was 1.79. And the median was 2.98.


Be Aware

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


Husqvarna AB Cyclically Adjusted Book per Share Related Terms

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


Husqvarna AB (Husqvarna AB) Business Description

Industry
Address
Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53
Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.