GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HA Sustainable Infrastructure Capital Inc (LTS:0J2Z) » Definitions » Cyclically Adjusted Book per Share

HA Sustainable Infrastructure Capital (LTS:0J2Z) Cyclically Adjusted Book per Share : $17.45 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is HA Sustainable Infrastructure Capital 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.

HA Sustainable Infrastructure Capital's adjusted book value per share for the three months ended in Mar. 2025 was $19.828. 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 $17.45 for the trailing ten years ended in Mar. 2025.

During the past 12 months, HA Sustainable Infrastructure Capital's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 HA Sustainable Infrastructure Capital was 10.20% per year. The lowest was 10.20% per year. And the median was 10.20% per year.

As of today (2025-05-30), HA Sustainable Infrastructure Capital's current stock price is $25.37. HA Sustainable Infrastructure Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $17.45. HA Sustainable Infrastructure Capital's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HA Sustainable Infrastructure Capital was 5.17. The lowest was 0.89. And the median was 1.83.


HA Sustainable Infrastructure Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for HA Sustainable Infrastructure Capital'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.

HA Sustainable Infrastructure Capital Cyclically Adjusted Book per Share Chart

HA Sustainable Infrastructure Capital 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 - 13.25 15.17 16.51 17.49

HA Sustainable Infrastructure Capital 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 16.89 16.70 17.12 17.49 17.45

Competitive Comparison of HA Sustainable Infrastructure Capital's Cyclically Adjusted Book per Share

For the Asset Management subindustry, HA Sustainable Infrastructure Capital'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.


HA Sustainable Infrastructure Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HA Sustainable Infrastructure Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where HA Sustainable Infrastructure Capital's Cyclically Adjusted PB Ratio falls into.


;
;

HA Sustainable Infrastructure Capital 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, HA Sustainable Infrastructure Capital's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=19.828/134.9266*134.9266
=19.828

Current CPI (Mar. 2025) = 134.9266.

HA Sustainable Infrastructure Capital Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.963 100.684 14.692
201509 10.807 100.392 14.525
201512 11.569 99.792 15.642
201603 11.338 100.470 15.226
201606 11.872 101.688 15.753
201609 11.750 101.861 15.564
201612 12.273 101.863 16.257
201703 12.613 102.862 16.545
201706 12.769 103.349 16.670
201709 12.604 104.136 16.331
201712 12.372 104.011 16.049
201803 12.030 105.290 15.416
201806 12.193 106.317 15.474
201809 12.196 106.507 15.450
201812 13.239 105.998 16.852
201903 13.338 107.251 16.780
201906 13.579 108.070 16.954
201909 13.544 108.329 16.869
201912 14.117 108.420 17.568
202003 14.472 108.902 17.930
202006 14.493 108.767 17.979
202009 14.707 109.815 18.070
202012 15.738 109.897 19.322
202103 16.632 111.754 20.081
202106 16.650 114.631 19.598
202109 17.258 115.734 20.120
202112 18.104 117.630 20.766
202203 18.349 121.301 20.410
202206 17.808 125.017 19.220
202209 18.192 125.227 19.601
202212 17.936 125.222 19.326
202303 17.645 127.348 18.695
202306 18.263 128.729 19.142
202309 18.467 129.860 19.188
202312 18.652 129.419 19.446
202403 19.542 131.776 20.009
202406 19.630 132.554 19.981
202409 19.106 133.029 19.379
202412 19.643 133.157 19.904
202503 19.828 134.927 19.828

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


HA Sustainable Infrastructure Capital  (LTS:0J2Z) 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.

HA Sustainable Infrastructure Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.37/17.45
=1.45

* 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 HA Sustainable Infrastructure Capital was 5.17. The lowest was 0.89. And the median was 1.83.


Be Aware

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


HA Sustainable Infrastructure Capital Cyclically Adjusted Book per Share Related Terms

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


HA Sustainable Infrastructure Capital Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 200, Annapolis, MD, USA, 21401
HA Sustainable Infrastructure Capital Inc is an investor in sustainable infrastructure assets advancing the energy transition. Its investment is focused on actively partnering with clients to deploy capital in income-generating real assets that are supported by long-term recurring cash flows. This enabled to the generation of attractive risk-adjusted returns and provided stockholders with diversified exposure to the energy transition.

HA Sustainable Infrastructure Capital Headlines

No Headlines