Huhtamaki Oyj (MIL:1HUH) Cyclically Adjusted Book per Share: €19.00 (As of Mar. 2026)

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MIL:1HUH Huhtamaki Oyj MIL:1HUH
57 GF Score
Price €26.90
GF Value €30.97
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Huhtamaki Oyj Cyclically Adjusted Book per Share?

Huhtamaki Oyj MIL:1HUH 57 Cyclically Adjusted Book per Share is €19.00 as of Mar. 2026. GuruFocus rates MIL:1HUH with a GF Score™ of 57/100 and a GF Value™ of €30.97 (Modestly Undervalued). The stock has 3 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.

Huhtamaki Oyj's adjusted book value per share for the three months ended in Mar. 2026 was €18.353. 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 €19.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Huhtamaki Oyj's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Huhtamaki Oyj was 11.60% per year. The lowest was 4.50% per year. And the median was 8.45% per year.

As of today (2026-07-21), Huhtamaki Oyj's current stock price is €26.90. Huhtamaki Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €19.00. Huhtamaki Oyj's Cyclically Adjusted PB Ratio of today is 1.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Huhtamaki Oyj was 4.56. The lowest was 1.64. And the median was 3.14.


Huhtamaki Oyj  (MIL:1HUH) 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.

Huhtamaki Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.90/19.00
=1.42

* 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 Huhtamaki Oyj was 4.56. The lowest was 1.64. And the median was 3.14.


Be Aware

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


Huhtamaki Oyj Cyclically Adjusted Book per Share Related Terms


Huhtamaki Oyj Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Huhtamaki Oyj'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.

Huhtamaki Oyj Cyclically Adjusted Book per Share Chart

Huhtamaki Oyj 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 0.00 0.00 17.05

Huhtamaki Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 16.41 17.07 17.05 19.00

MIL:1HUH vs SW, PKG, IP: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, Huhtamaki Oyj'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.


Huhtamaki Oyj Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:1HUH
57GF Score
Huhtamaki Oyj MIL:1HUH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huhtamaki Oyj 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, Huhtamaki Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=18.353/124.6700*124.6700
=18.353

Current CPI (Mar. 2026) = 124.6700.

Huhtamaki Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.851 100.390 12.234
201609 10.266 100.540 12.730
201612 10.925 101.020 13.483
201703 11.279 100.910 13.935
201706 10.516 101.140 12.963
201709 10.690 101.320 13.154
201712 11.130 101.510 13.669
201803 11.240 101.730 13.775
201806 11.272 102.320 13.734
201809 11.412 102.600 13.867
201812 11.646 102.710 14.136
201903 12.340 102.870 14.955
201906 11.966 103.360 14.433
201909 12.683 103.540 15.271
201912 12.918 103.650 15.538
202003 13.037 103.490 15.705
202006 13.326 103.320 16.080
202009 12.489 103.710 15.013
202012 12.306 103.890 14.767
202103 13.150 104.870 15.633
202106 12.745 105.360 15.081
202109 13.322 106.290 15.626
202112 14.571 107.490 16.900
202203 15.673 110.950 17.611
202206 16.522 113.570 18.137
202209 18.587 114.920 20.164
202212 17.652 117.320 18.758
202303 17.686 119.750 18.413
202306 16.831 120.690 17.386
202309 17.853 121.280 18.352
202312 17.585 121.540 18.038
202403 18.230 122.360 18.574
202406 17.977 122.230 18.336
202409 17.815 122.260 18.166
202412 19.447 122.390 19.809
202503 19.273 123.010 19.533
202506 16.747 122.530 17.039
202509 17.185 122.880 17.435
202512 17.605 122.670 17.892
202603 18.353 124.670 18.353

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 €19.00 mean?
Huhtamaki Oyj (MIL:1HUH) has a Cyclically Adjusted Book per Share of €19.00 as of Mar. 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 Huhtamaki Oyj and its competitors.
Is Huhtamaki Oyj's Cyclically Adjusted Book per Share too high?
Huhtamaki Oyj's current Cyclically Adjusted Book per Share is €19.00. Overall, Huhtamaki Oyj has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Huhtamaki Oyj's Cyclically Adjusted Book per Share compare to SW and PKG?
Huhtamaki Oyj's Cyclically Adjusted Book per Share of €19.00 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers 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 Huhtamaki Oyj and its competitors. Huhtamaki Oyj's current Cyclically Adjusted Book per Share is €19.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huhtamaki Oyj stock overvalued right now?
Based on GuruFocus' analysis, Huhtamaki Oyj (MIL:1HUH) is currently considered Modestly Undervalued. The stock's GF Value™ is €30.97, compared to a current price of €26.90 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €19.00. Huhtamaki Oyj's overall GF Score™ is 57/100 with 3 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 Huhtamaki Oyj (MIL:1HUH), the current Cyclically Adjusted Book per Share is €19.00 as of Mar. 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 Huhtamaki Oyj (MIL:1HUH) Overvalued in 2026?

Based on GuruFocus' analysis, Huhtamaki Oyj stock appears to be undervalued. The current stock price of €26.90 is trading 13.1% below its estimated GF Value™ of €30.97. GuruFocus considers Huhtamaki Oyj to be Modestly Undervalued.

Key valuation signals for MIL:1HUH:

  • Cyclically Adjusted Book per Share: €19.00
  • GF Value™: €30.97 vs. price of €26.90 (13.1% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the MIL:1HUH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huhtamaki Oyj Business Description

Address Revontulenkuja 1, Espoo, FIN, 02100
Huhtamäki Oyj is a packaging solutions provider operating globally. It offers paperboard-based foodservice packaging, smooth and rough molded fiber packaging, as well as flexible packaging through brands like Chinet and blueloop. The group's main customers are food and beverage companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers, and retailers. Its reporting segments are: North America, Foodservice Packaging, Flexible Packaging, and Fiber Packaging. Maximum revenue is generated from the North America segment, which serves local markets in North America with Chinet disposable tableware products, foodservice packaging products, ice cream containers, and other similar products. Geographically, it derives key revenue from the United States.
57GF Score

Get the complete analysis for MIL:1HUH

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

€26.90
Price
€30.97
GF Value