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Hufvudstaden AB (OSTO:HUFV A) Cyclically Adjusted Book per Share : kr152.54 (As of Mar. 2024)


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What is Hufvudstaden 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.

Hufvudstaden AB's adjusted book value per share for the three months ended in Mar. 2024 was kr137.644. 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 kr152.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hufvudstaden AB's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% 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 Hufvudstaden AB was 13.30% per year. The lowest was 10.40% per year. And the median was 12.10% per year.

As of today (2024-06-02), Hufvudstaden AB's current stock price is kr130.40. Hufvudstaden AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr152.54. Hufvudstaden AB's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hufvudstaden AB was 2.12. The lowest was 0.77. And the median was 1.23.


Hufvudstaden AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hufvudstaden 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.

Hufvudstaden AB Cyclically Adjusted Book per Share Chart

Hufvudstaden AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.89 105.32 117.91 139.42 151.15

Hufvudstaden 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 141.81 145.85 148.10 151.15 152.54

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

For the Real Estate - Diversified subindustry, Hufvudstaden 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.


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

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

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



Hufvudstaden 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, Hufvudstaden 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)
=137.644/132.2054*132.2054
=137.644

Current CPI (Mar. 2024) = 132.2054.

Hufvudstaden AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 75.062 100.432 98.809
201409 76.063 100.161 100.398
201412 80.938 100.225 106.765
201503 80.204 99.950 106.087
201506 83.957 99.995 111.001
201509 87.064 100.228 114.842
201512 94.861 100.276 125.066
201603 95.341 100.751 125.106
201606 99.753 101.019 130.548
201609 104.149 101.138 136.142
201612 111.736 102.022 144.794
201703 110.725 102.022 143.484
201706 116.314 102.752 149.654
201709 118.771 103.279 152.037
201712 123.150 103.793 156.862
201803 123.003 103.962 156.420
201806 132.135 104.875 166.570
201809 134.861 105.679 168.713
201812 140.593 105.912 175.497
201903 139.314 105.886 173.942
201906 144.074 106.742 178.444
201909 146.806 107.214 181.027
201912 152.147 107.766 186.651
202003 145.830 106.563 180.922
202006 143.003 107.498 175.871
202009 143.719 107.635 176.526
202012 141.451 108.296 172.681
202103 139.018 108.360 169.611
202106 142.754 108.928 173.260
202109 145.234 110.338 174.017
202112 153.559 112.486 180.479
202203 152.837 114.825 175.971
202206 154.696 118.384 172.757
202209 156.162 122.296 168.815
202212 154.528 126.365 161.670
202303 149.359 127.042 155.430
202306 145.043 129.407 148.180
202309 143.993 130.224 146.184
202312 142.302 131.912 142.619
202403 137.644 132.205 137.644

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


Hufvudstaden AB  (OSTO:HUFV A) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=130.40/152.54
=0.85

* 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 Hufvudstaden AB was 2.12. The lowest was 0.77. And the median was 1.23.


Be Aware

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


Hufvudstaden AB Cyclically Adjusted Book per Share Related Terms

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


Hufvudstaden AB (OSTO:HUFV A) Business Description

Industry
Traded in Other Exchanges
Address
Regeringsgatan 38, Stockholm, SWE, SE-111 77
Hufvudstaden AB A manages and develops commercial properties in Sweden. The company focuses on retail and office properties in the Stockholm and Gothenburg area. Its two main segments include property management and parking operations. It rents out centrally located residential and commercial properties such as shops, offices, hotels, cinemas, restaurants, warehouses, garages, and apartments. It also owns Nordiska Kompaniet, a department store in Stockholm and Sweden. The company operates through three divisions: Stockholm business area, Gothenburg business area, and Noridska Kompaniet business area. The Stockholm business area contributes the largest proportion of revenue.

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