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Hexagon AB (OSTO:HEXA B) Cyclically Adjusted Book per Share : kr31.92 (As of Mar. 2025)


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What is Hexagon 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.

Hexagon AB's adjusted book value per share for the three months ended in Mar. 2025 was kr44.702. 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 kr31.92 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Hexagon AB's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.80% 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 Hexagon AB was 19.80% per year. The lowest was 13.00% per year. And the median was 18.40% per year.

As of today (2025-07-16), Hexagon AB's current stock price is kr98.98. Hexagon AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr31.92. Hexagon AB's Cyclically Adjusted PB Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hexagon AB was 8.70. The lowest was 2.65. And the median was 5.19.


Hexagon AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hexagon 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.

Hexagon AB Cyclically Adjusted Book per Share Chart

Hexagon 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 16.36 18.86 24.06 28.14 31.31

Hexagon 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 28.96 29.80 30.39 31.31 31.92

Competitive Comparison of Hexagon AB's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Hexagon 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.


Hexagon AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Hexagon 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, Hexagon 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)
=44.702/132.8245*132.8245
=44.702

Current CPI (Mar. 2025) = 132.8245.

Hexagon AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.009 99.995 18.608
201509 14.443 100.228 19.140
201512 15.011 100.276 19.883
201603 14.885 100.751 19.623
201606 15.205 101.019 19.992
201609 15.966 101.138 20.968
201612 17.617 102.022 22.936
201703 17.552 102.022 22.851
201706 16.820 102.752 21.743
201709 16.608 103.279 21.359
201712 18.078 103.793 23.135
201803 18.732 103.962 23.933
201806 19.715 104.875 24.969
201809 21.000 105.679 26.394
201812 21.454 105.912 26.906
201903 23.250 105.886 29.165
201906 23.038 106.742 28.667
201909 24.738 107.214 30.647
201912 24.701 107.766 30.445
202003 26.136 106.563 32.577
202006 25.145 107.498 31.069
202009 24.985 107.635 30.832
202012 23.510 108.296 28.835
202103 25.333 108.360 31.053
202106 25.087 108.928 30.591
202109 26.478 110.338 31.874
202112 33.264 112.486 39.278
202203 35.578 114.825 41.155
202206 37.812 118.384 42.424
202209 41.775 122.296 45.371
202212 40.179 126.365 42.233
202303 41.228 127.042 43.105
202306 42.649 129.407 43.775
202309 44.592 130.224 45.483
202312 41.729 131.912 42.018
202403 43.976 132.205 44.182
202406 43.588 132.716 43.624
202409 43.162 132.304 43.332
202412 47.825 132.987 47.766
202503 44.702 132.825 44.702

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


Hexagon AB  (OSTO:HEXA 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=98.98/31.92
=3.10

* 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 Hexagon AB was 8.70. The lowest was 2.65. And the median was 5.19.


Be Aware

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


Hexagon AB Cyclically Adjusted Book per Share Related Terms

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


Hexagon AB Business Description

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Address
Lilla Bantorget 15, Stockholm, SWE, SE-111 23
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.

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