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Heba Fastighets AB (OSTO:HEBA B) Cyclically Adjusted Book per Share : kr38.96 (As of Mar. 2025)


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What is Heba Fastighets 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.

Heba Fastighets AB's adjusted book value per share for the three months ended in Mar. 2025 was kr39.392. 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 kr38.96 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Heba Fastighets AB's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.80% 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 Heba Fastighets AB was 16.10% per year. The lowest was 10.10% per year. And the median was 12.70% per year.

As of today (2025-07-08), Heba Fastighets AB's current stock price is kr30.20. Heba Fastighets AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr38.96. Heba Fastighets AB's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Heba Fastighets AB was 3.16. The lowest was 0.64. And the median was 1.59.


Heba Fastighets AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Heba Fastighets 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.

Heba Fastighets AB Cyclically Adjusted Book per Share Chart

Heba Fastighets AB 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 23.47 26.99 33.24 36.69 38.61

Heba Fastighets AB 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 37.18 37.73 38.01 38.61 38.96

Competitive Comparison of Heba Fastighets AB's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Heba Fastighets 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.


Heba Fastighets AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


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Heba Fastighets 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, Heba Fastighets AB'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)
=39.392/132.8245*132.8245
=39.392

Current CPI (Mar. 2025) = 132.8245.

Heba Fastighets AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.691 99.995 26.156
201509 20.372 100.228 26.997
201512 22.291 100.276 29.526
201603 22.580 100.751 29.768
201606 22.590 101.019 29.702
201609 23.056 101.138 30.280
201612 24.172 102.022 31.470
201703 24.434 102.022 31.811
201706 24.715 102.752 31.948
201709 25.574 103.279 32.890
201712 26.001 103.793 33.274
201803 26.576 103.962 33.954
201806 26.753 104.875 33.883
201809 28.649 105.679 36.008
201812 29.509 105.912 37.007
201903 30.074 105.886 37.725
201906 30.207 106.742 37.588
201909 30.529 107.214 37.822
201912 33.344 107.766 41.097
202003 33.636 106.563 41.925
202006 33.185 107.498 41.003
202009 34.388 107.635 42.436
202012 37.094 108.296 45.496
202103 37.738 108.360 46.258
202106 38.689 108.928 47.177
202109 41.649 110.338 50.137
202112 45.378 112.486 53.583
202203 46.587 114.825 53.890
202206 46.777 118.384 52.483
202209 44.904 122.296 48.770
202212 43.753 126.365 45.989
202303 42.618 127.042 44.558
202306 40.949 129.407 42.031
202309 39.339 130.224 40.125
202312 38.990 131.912 39.260
202403 38.748 132.205 38.929
202406 38.333 132.716 38.364
202409 38.422 132.304 38.573
202412 39.068 132.987 39.020
202503 39.392 132.825 39.392

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


Heba Fastighets AB  (OSTO:HEBA B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.20/38.96
=0.78

* 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 Heba Fastighets AB was 3.16. The lowest was 0.64. And the median was 1.59.


Be Aware

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


Heba Fastighets AB Cyclically Adjusted Book per Share Related Terms

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


Heba Fastighets AB Business Description

Industry
Traded in Other Exchanges
Address
Timmermansgatan 31, Box 17006, Stockholm, SWE, 104 62
Heba Fastighets AB along with its holdings engages in acquisition, management and operation of primarily residential real estate in the cities of Stockholm and Lidingo, the municipality of Huddinge and in Taby.

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