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Husqvarna AB (OSTO:HUSQ A) Cyclically Adjusted Book per Share : kr38.13 (As of Mar. 2024)


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What is Husqvarna 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.

Husqvarna AB's adjusted book value per share for the three months ended in Mar. 2024 was kr45.811. 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 kr38.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Husqvarna AB's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Husqvarna AB was 12.60% per year. The lowest was 5.60% per year. And the median was 10.40% per year.

As of today (2024-05-27), Husqvarna AB's current stock price is kr88.80. Husqvarna AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr38.13. Husqvarna AB's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Husqvarna AB was 5.15. The lowest was 1.79. And the median was 2.98.


Husqvarna AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Husqvarna 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.

Husqvarna AB Cyclically Adjusted Book per Share Chart

Husqvarna 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 25.37 26.36 28.65 34.16 37.60

Husqvarna 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 34.86 36.00 36.73 37.60 38.13

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

For the Tools & Accessories subindustry, Husqvarna 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.


Husqvarna AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Husqvarna AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Husqvarna 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, Husqvarna 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)
=45.811/132.2054*132.2054
=45.811

Current CPI (Mar. 2024) = 132.2054.

Husqvarna AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.921 100.432 28.856
201409 22.436 100.161 29.614
201412 21.065 100.225 27.787
201503 22.534 99.950 29.806
201506 22.574 99.995 29.846
201509 23.044 100.228 30.396
201512 22.759 100.276 30.006
201603 23.809 100.751 31.242
201606 24.179 101.019 31.643
201609 24.850 101.138 32.484
201612 25.065 102.022 32.481
201703 26.869 102.022 34.818
201706 27.038 102.752 34.788
201709 27.051 103.279 34.627
201712 27.427 103.793 34.935
201803 29.456 103.962 37.458
201806 30.220 104.875 38.096
201809 29.812 105.679 37.295
201812 28.000 105.912 34.951
201903 30.171 105.886 37.670
201906 30.398 106.742 37.650
201909 31.052 107.214 38.290
201912 30.201 107.766 37.050
202003 32.744 106.563 40.623
202006 33.795 107.498 41.563
202009 34.488 107.635 42.361
202012 29.793 108.296 36.371
202103 34.074 108.360 41.572
202106 35.223 108.928 42.750
202109 36.961 110.338 44.286
202112 37.925 112.486 44.573
202203 41.908 114.825 48.251
202206 43.862 118.384 48.983
202209 46.386 122.296 50.144
202212 42.075 126.365 44.020
202303 45.226 127.042 47.064
202306 46.048 129.407 47.044
202309 45.715 130.224 46.411
202312 41.591 131.912 41.684
202403 45.811 132.205 45.811

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


Husqvarna AB  (OSTO:HUSQ 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=88.80/38.13
=2.33

* 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 Husqvarna AB was 5.15. The lowest was 1.79. And the median was 2.98.


Be Aware

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


Husqvarna AB Cyclically Adjusted Book per Share Related Terms

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


Husqvarna AB (OSTO:HUSQ A) Business Description

Industry
Address
Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53
Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.

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