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Hoist Finance AB (OSTO:HOFI) Cyclically Adjusted Book per Share : kr59.66 (As of Mar. 2025)


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What is Hoist Finance 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.

Hoist Finance AB's adjusted book value per share for the three months ended in Mar. 2025 was kr72.750. 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 kr59.66 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Hoist Finance AB's average Cyclically Adjusted Book Growth Rate was 6.10% 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 (2025-05-30), Hoist Finance AB's current stock price is kr92.55. Hoist Finance AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr59.66. Hoist Finance AB's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hoist Finance AB was 1.77. The lowest was 0.49. And the median was 0.97.


Hoist Finance AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hoist Finance 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.

Hoist Finance AB Cyclically Adjusted Book per Share Chart

Hoist Finance 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 - - - 55.70 58.82

Hoist Finance 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 56.23 56.89 57.19 58.82 59.66

Competitive Comparison of Hoist Finance AB's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Hoist Finance 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.


Hoist Finance AB's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hoist Finance AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hoist Finance 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, Hoist Finance 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)
=72.75/132.8245*132.8245
=72.750

Current CPI (Mar. 2025) = 132.8245.

Hoist Finance AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 27.356 99.995 36.337
201509 28.338 100.228 37.554
201512 29.144 100.276 38.604
201603 30.293 100.751 39.936
201606 30.617 101.019 40.257
201609 31.280 101.138 41.080
201612 36.240 102.022 47.182
201703 38.086 102.022 49.585
201706 37.163 102.752 48.039
201709 38.608 103.279 49.653
201712 39.761 103.793 50.883
201803 41.904 103.962 53.538
201806 44.355 104.875 56.176
201809 48.162 105.679 60.533
201812 49.416 105.912 61.973
201903 51.409 105.886 64.488
201906 53.033 106.742 65.992
201909 53.996 107.214 66.894
201912 54.847 107.766 67.600
202003 58.889 106.563 73.402
202006 57.288 107.498 70.785
202009 58.150 107.635 71.759
202012 57.758 108.296 70.840
202103 33.896 108.360 41.549
202106 33.985 108.928 41.441
202109 54.567 110.338 65.687
202112 55.328 112.486 65.332
202203 56.695 114.825 65.582
202206 58.285 118.384 65.395
202209 58.990 122.296 64.068
202212 64.320 126.365 67.608
202303 64.891 127.042 67.845
202306 71.745 129.407 73.640
202309 66.448 130.224 67.775
202312 66.302 131.912 66.761
202403 71.185 132.205 71.518
202406 73.680 132.716 73.740
202409 75.895 132.304 76.193
202412 76.696 132.987 76.602
202503 72.750 132.825 72.750

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


Hoist Finance AB  (OSTO:HOFI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=92.55/59.66
=1.55

* 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 Hoist Finance AB was 1.77. The lowest was 0.49. And the median was 0.97.


Be Aware

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


Hoist Finance AB Cyclically Adjusted Book per Share Related Terms

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


Hoist Finance AB Business Description

Traded in Other Exchanges
Address
P.O. Box 7848, Stockholm, SWE, 103 99
Hoist Finance AB is is principally engaged in purchasing portfolios of nonperforming loans. The company runs a business as a debt-restructuring partner to international banks and financial institutions. It provides several solutions for the acquisition and management of nonperforming unsecured consumer loans. The company is present in several countries in Europe, including Belgium, France, Greece, Spain, the Netherlands, the United Kingdom, Germany, Austria, Italy, and Poland. Additionally, the company provides retail deposit services through its online platform HoistSpar.

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