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Hexatronic Group AB (OSTO:HTRO) Cyclically Adjusted Book per Share : kr5.90 (As of Mar. 2024)


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What is Hexatronic Group 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.

Hexatronic Group AB's adjusted book value per share for the three months ended in Mar. 2024 was kr18.007. 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 kr5.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hexatronic Group AB's average Cyclically Adjusted Book Growth Rate was 45.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 45.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 34.00% 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 Hexatronic Group AB was 45.80% per year. The lowest was 21.90% per year. And the median was 34.90% per year.

As of today (2024-06-20), Hexatronic Group AB's current stock price is kr48.90. Hexatronic Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr5.90. Hexatronic Group AB's Cyclically Adjusted PB Ratio of today is 8.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hexatronic Group AB was 50.38. The lowest was 3.75. And the median was 8.90.


Hexatronic Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hexatronic Group 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.

Hexatronic Group AB Cyclically Adjusted Book per Share Chart

Hexatronic Group AB Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.76 2.30 3.68 5.46

Hexatronic Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.06 4.54 4.98 5.46 5.90

Competitive Comparison of Hexatronic Group AB's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Hexatronic Group 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.


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

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

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



Hexatronic Group 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, Hexatronic Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.007/132.2054*132.2054
=18.007

Current CPI (Mar. 2024) = 132.2054.

Hexatronic Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.782 100.225 1.032
201408 0.927 100.001 1.226
201411 1.133 100.068 1.497
201502 1.183 99.867 1.566
201505 1.473 100.285 1.942
201508 1.525 99.829 2.020
201511 1.609 100.129 2.124
201602 1.597 100.253 2.106
201605 1.697 100.914 2.223
201608 1.787 100.968 2.340
201611 1.909 101.517 2.486
201703 1.885 102.022 2.443
201706 2.051 102.752 2.639
201709 2.176 103.279 2.785
201712 2.296 103.793 2.925
201803 2.382 103.962 3.029
201806 2.538 104.875 3.199
201809 2.627 105.679 3.286
201812 2.708 105.912 3.380
201903 2.847 105.886 3.555
201906 2.861 106.742 3.544
201909 3.118 107.214 3.845
201912 3.084 107.766 3.783
202003 3.393 106.563 4.209
202006 3.330 107.498 4.095
202009 3.467 107.635 4.258
202012 3.449 108.296 4.210
202103 3.955 108.360 4.825
202106 4.282 108.928 5.197
202109 5.050 110.338 6.051
202112 8.191 112.486 9.627
202203 9.090 114.825 10.466
202206 10.722 118.384 11.974
202209 12.766 122.296 13.800
202212 13.634 126.365 14.264
202303 14.604 127.042 15.198
202306 16.446 129.407 16.802
202309 16.973 130.224 17.231
202312 16.756 131.912 16.793
202403 18.007 132.205 18.007

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


Hexatronic Group AB  (OSTO:HTRO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.90/5.9
=8.29

* 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 Hexatronic Group AB was 50.38. The lowest was 3.75. And the median was 8.90.


Be Aware

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


Hexatronic Group AB Cyclically Adjusted Book per Share Related Terms

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


Hexatronic Group AB (OSTO:HTRO) Business Description

Industry
Traded in Other Exchanges
Address
Sofierogatan 3A, Gothenburg, SWE, SE-412 51
Hexatronic Group AB is a technology group, specializing in fiber communications products. The company supply fiber optic products and solutions; and complete range of passive infrastructure for telecom companies.

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