HubSpot (MEX:HUBS) Cyclically Adjusted Book per Share: MXN381.78 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:HUBS HubSpot Inc MEX:HUBS
72 GF Score
Price MXN4,062.40
GF Value MXN12,573.97
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is HubSpot Cyclically Adjusted Book per Share?

HubSpot MEX:HUBS 72 Cyclically Adjusted Book per Share is MXN381.78 as of Jun. 2026. GuruFocus rates MEX:HUBS with a GF Score™ of 72/100 and a GF Value™ of MXN12,573.97 (Significantly Undervalued). The stock has 2 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.

HubSpot's adjusted book value per share for the three months ended in Jun. 2026 was MXN582.147. 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 MXN381.78 for the trailing ten years ended in Jun. 2026.

During the past 12 months, HubSpot's average Cyclically Adjusted Book Growth Rate was 21.70% 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.

As of today (2026-08-26), HubSpot's current stock price is MXN4062.40. HubSpot's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN381.78. HubSpot's Cyclically Adjusted PB Ratio of today is 10.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HubSpot was 51.81. The lowest was 8.48. And the median was 37.32.


HubSpot  (MEX:HUBS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4062.40/381.78
=10.64

* 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 HubSpot was 51.81. The lowest was 8.48. And the median was 37.32.


Be Aware

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


HubSpot Cyclically Adjusted Book per Share Related Terms


HubSpot Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for HubSpot'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.

HubSpot Cyclically Adjusted Book per Share Chart

HubSpot 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 0.00 0.00 207.88 328.71 339.94

HubSpot 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 379.83 382.56 339.94 362.66 381.78

MEX:HUBS vs FIG, FROG, DOCU: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, HubSpot'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.


HubSpot Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, HubSpot's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:HUBS
72GF Score
HubSpot Inc MEX:HUBS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HubSpot 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, HubSpot'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)
=582.147/333.9520*333.9520
=582.147

Current CPI (Jun. 2026) = 333.9520.

HubSpot Quarterly Data

Book Value per Share CPI Adj_Book
201609 66.331 241.428 91.751
201612 68.389 241.432 94.597
201703 64.065 243.801 87.755
201706 100.164 244.955 136.556
201709 101.783 246.819 137.715
201712 110.161 246.524 149.229
201803 105.348 249.554 140.976
201806 115.304 251.989 152.808
201809 110.293 252.439 145.907
201812 122.221 251.233 162.463
201903 277.374 254.202 364.394
201906 280.865 256.143 366.184
201909 290.929 256.759 378.395
201912 285.373 256.974 370.858
202003 355.935 258.115 460.513
202006 367.724 257.797 476.352
202009 354.253 260.280 454.524
202012 328.976 260.474 421.778
202103 339.856 264.877 428.484
202106 342.260 271.696 420.685
202109 363.169 274.310 442.131
202112 378.247 278.802 453.068
202203 348.499 287.504 404.801
202206 366.047 296.311 412.547
202209 377.955 296.808 425.254
202212 393.043 296.797 442.247
202303 381.238 301.836 421.803
202306 372.337 305.109 407.535
202309 412.354 307.789 447.405
202312 448.968 306.746 488.788
202403 473.797 312.332 506.594
202406 573.699 314.175 609.813
202409 671.019 315.301 710.712
202412 768.803 315.605 813.496
202503 784.388 319.799 819.102
202506 737.811 322.561 763.866
202509 651.970 324.800 670.341
202512 707.909 324.054 729.532
202603 693.062 330.213 700.910
202606 582.147 333.952 582.147

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 MXN381.78 mean?
HubSpot (MEX:HUBS) has a Cyclically Adjusted Book per Share of MXN381.78 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 HubSpot and its competitors.
Is HubSpot's Cyclically Adjusted Book per Share too high?
HubSpot's current Cyclically Adjusted Book per Share is MXN381.78. Overall, HubSpot has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HubSpot's Cyclically Adjusted Book per Share compare to FIG and FROG?
HubSpot's Cyclically Adjusted Book per Share of MXN381.78 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 HubSpot and its competitors. HubSpot's current Cyclically Adjusted Book per Share is MXN381.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HubSpot stock overvalued right now?
Based on GuruFocus' analysis, HubSpot (MEX:HUBS) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN12,573.97, compared to a current price of MXN4,062.40 — trading 67.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN381.78. HubSpot's overall GF Score™ is 72/100 with 2 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 HubSpot (MEX:HUBS), the current Cyclically Adjusted Book per Share is MXN381.78 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 HubSpot (MEX:HUBS) Overvalued in 2026?

Based on GuruFocus' analysis, HubSpot stock appears to be undervalued. The current stock price of MXN4,062.40 is trading 67.7% below its estimated GF Value™ of MXN12,573.97. GuruFocus considers HubSpot to be Significantly Undervalued.

Key valuation signals for MEX:HUBS:

  • Cyclically Adjusted Book per Share: MXN381.78
  • GF Value™: MXN12,573.97 vs. price of MXN4,062.40 (67.7% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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


HubSpot Business Description

Address Two Canal Park, Cambridge, MA, USA, 02141
HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot's mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly. The company was founded in 2006, completed its initial public offering in 2014, and is headquartered in Cambridge, Massachusetts.
72GF Score

Get the complete analysis for MEX:HUBS

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

MXN4,062.40
Price
MXN12,573.97
GF Value