Hufvudstaden AB (LTS:0GW3) Cyclically Adjusted Book per Share: kr161.04 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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LTS:0GW3 Hufvudstaden AB LTS:0GW3
70 GF Score
Price kr118.70
GF Value kr126.31
Valuation Fairly Valued
! 6 Warning Signs
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What is Hufvudstaden AB Cyclically Adjusted Book per Share?

Hufvudstaden AB LTS:0GW3 -0.08% 70 Cyclically Adjusted Book per Share is kr161.04 as of Jun. 2026. GuruFocus rates LTS:0GW3 with a GF Score™ of 70/100 and a GF Value™ of kr126.31 (Fairly Valued). The stock has 6 warning signs investors should review.

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.

Hufvudstaden AB's adjusted book value per share for the three months ended in Jun. 2026 was kr143.531. 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 kr161.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hufvudstaden AB's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Hufvudstaden AB was 13.30% per year. The lowest was 4.50% per year. And the median was 10.50% per year.

As of today (2026-09-07), Hufvudstaden AB's current stock price is kr118.70. Hufvudstaden AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr161.04. Hufvudstaden AB's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hufvudstaden AB was 2.18. The lowest was 0.71. And the median was 1.13.


Hufvudstaden AB  (LTS:0GW3) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=118.70/161.04
=0.74

* 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 Hufvudstaden AB was 2.18. The lowest was 0.71. And the median was 1.13.


Be Aware

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


Hufvudstaden AB Cyclically Adjusted Book per Share Related Terms


Hufvudstaden AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hufvudstaden 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.

Hufvudstaden AB Cyclically Adjusted Book per Share Chart

Hufvudstaden AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.19 141.63 151.84 156.80 159.39

Hufvudstaden AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 158.82 158.19 159.39 161.13 161.04

LTS:0GW3 vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Hufvudstaden 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.


Hufvudstaden AB Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


LTS:0GW3
70GF Score
Hufvudstaden AB LTS:0GW3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hufvudstaden 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, Hufvudstaden AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=143.531/134.6100*134.6100
=143.531

Current CPI (Jun. 2026) = 134.6100.

Hufvudstaden AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 104.149 101.138 138.618
201612 111.736 102.022 147.428
201703 110.725 102.022 146.094
201706 116.314 102.752 152.376
201709 118.771 103.279 154.802
201712 123.150 103.793 159.715
201803 123.003 103.962 159.265
201806 132.135 104.875 169.600
201809 134.861 105.679 171.781
201812 140.593 105.912 178.689
201903 139.314 105.886 177.106
201906 144.074 106.742 181.689
201909 146.806 107.214 184.319
201912 152.147 107.766 190.046
202003 145.830 106.563 184.212
202006 143.003 107.498 179.070
202009 143.719 107.635 179.737
202012 141.451 108.296 175.822
202103 139.018 108.360 172.696
202106 142.754 108.928 176.412
202109 145.234 110.338 177.182
202112 153.559 112.486 183.761
202203 152.837 114.825 179.171
202206 154.696 118.384 175.900
202209 156.162 122.296 171.886
202212 154.528 126.365 164.610
202303 149.359 127.042 158.257
202306 145.043 129.407 150.875
202309 143.993 130.224 148.843
202312 142.302 131.912 145.213
202403 137.644 132.205 140.148
202406 137.853 132.716 139.820
202409 138.560 132.304 140.975
202412 141.403 132.987 143.128
202503 139.006 132.825 140.875
202506 139.910 133.699 140.863
202509 141.602 133.480 142.801
202512 143.378 133.390 144.689
202603 141.992 133.560 143.108
202606 143.531 134.610 143.531

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

What does a Cyclically Adjusted Book per Share of kr161.04 mean?
Hufvudstaden AB (LTS:0GW3) has a Cyclically Adjusted Book per Share of kr161.04 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hufvudstaden AB and its competitors.
Is Hufvudstaden AB's Cyclically Adjusted Book per Share too high?
Hufvudstaden AB's current Cyclically Adjusted Book per Share is kr161.04. Overall, Hufvudstaden AB has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hufvudstaden AB's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Hufvudstaden AB's Cyclically Adjusted Book per Share of kr161.04 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hufvudstaden AB and its competitors. Hufvudstaden AB's current Cyclically Adjusted Book per Share is kr161.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hufvudstaden AB stock overvalued right now?
Based on GuruFocus' analysis, Hufvudstaden AB (LTS:0GW3) is currently considered Fairly Valued. The stock's GF Value™ is kr126.31, compared to a current price of kr118.70 — trading 6% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr161.04. Hufvudstaden AB's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Hufvudstaden AB (LTS:0GW3), the current Cyclically Adjusted Book per Share is kr161.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hufvudstaden AB (LTS:0GW3) Overvalued in 2026?

Based on GuruFocus' analysis, Hufvudstaden AB stock appears to be undervalued. The current stock price of kr118.70 is trading 6% below its estimated GF Value™ of kr126.31. GuruFocus considers Hufvudstaden AB to be Fairly Valued.

Key valuation signals for LTS:0GW3:

  • Cyclically Adjusted Book per Share: kr161.04
  • GF Value™: kr126.31 vs. price of kr118.70 (6% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the LTS:0GW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hufvudstaden AB Business Description

Address Regeringsgatan 38, Stockholm, SWE, SE-111 77
Hufvudstaden AB A manages and develops commercial properties in Sweden. The company focuses on retail and office properties in the Stockholm and Gothenburg area. The group's operations are divided into three segments: Property Management, NK Retail, and Other Operations. It rents out centrally located residential and commercial properties such as shops, offices, hotels, cinemas, restaurants, warehouses, garages, and apartments. It also owns Nordiska Kompaniet, a department store in Stockholm, Sweden. The company operates through three divisions: Stockholm business area, Gothenburg business area, and Noridska Kompaniet business area. The Stockholm business area contributes the majority of revenue.
70GF Score

Get the complete analysis for LTS:0GW3

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr118.70
Price
kr126.31
GF Value