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Hypoport AG (XTER:HYQ) Cyclically Adjusted Book per Share : €29.17 (As of Mar. 2024)


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What is Hypoport AG 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.

Hypoport AG's adjusted book value per share for the three months ended in Mar. 2024 was €51.082. 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 €29.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hypoport AG's average Cyclically Adjusted Book Growth Rate was 19.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 26.70% 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 Hypoport AG was 28.30% per year. The lowest was 26.30% per year. And the median was 26.90% per year.

As of today (2024-06-20), Hypoport AG's current stock price is €300.20. Hypoport AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €29.17. Hypoport AG's Cyclically Adjusted PB Ratio of today is 10.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hypoport AG was 43.88. The lowest was 3.89. And the median was 21.67.


Hypoport AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hypoport AG'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.

Hypoport AG Cyclically Adjusted Book per Share Chart

Hypoport AG 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 10.72 13.62 17.76 22.56 28.11

Hypoport AG 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 24.61 25.98 26.43 28.11 29.17

Competitive Comparison of Hypoport AG's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Hypoport AG'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.


Hypoport AG's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



Hypoport AG 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, Hypoport AG'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)
=51.082/125.0381*125.0381
=51.082

Current CPI (Mar. 2024) = 125.0381.

Hypoport AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.902 99.543 7.414
201409 6.102 99.823 7.643
201412 6.309 99.543 7.925
201503 6.755 99.717 8.470
201506 7.472 100.417 9.304
201509 8.035 100.417 10.005
201512 8.675 99.717 10.878
201603 9.238 100.017 11.549
201606 9.862 100.717 12.243
201609 10.572 101.017 13.086
201612 10.742 101.217 13.270
201703 11.658 101.417 14.373
201706 12.554 102.117 15.372
201709 13.225 102.717 16.099
201712 13.891 102.617 16.926
201803 14.947 102.917 18.160
201806 22.670 104.017 27.251
201809 23.581 104.718 28.157
201812 24.515 104.217 29.413
201903 25.537 104.217 30.639
201906 26.480 105.718 31.319
201909 27.692 106.018 32.660
201912 28.473 105.818 33.645
202003 31.886 105.718 37.713
202006 32.598 106.618 38.230
202009 33.457 105.818 39.534
202012 34.996 105.518 41.470
202103 36.546 107.518 42.501
202106 37.738 108.486 43.496
202109 39.189 109.435 44.777
202112 39.963 110.384 45.269
202203 42.042 113.968 46.126
202206 43.691 115.760 47.193
202209 43.922 118.818 46.221
202212 42.999 119.345 45.050
202303 48.053 122.402 49.088
202306 47.647 123.140 48.381
202309 47.506 124.195 47.829
202312 50.627 123.773 51.145
202403 51.082 125.038 51.082

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


Hypoport AG  (XTER:HYQ) 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.

Hypoport AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=300.20/29.17
=10.29

* 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 Hypoport AG was 43.88. The lowest was 3.89. And the median was 21.67.


Be Aware

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


Hypoport AG Cyclically Adjusted Book per Share Related Terms

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


Hypoport AG (XTER:HYQ) Business Description

Industry
Traded in Other Exchanges
Address
Heidestr 8, Berlin, BB, DEU, 10557
Hypoport AG operates as a technology-based financial service provider in Germany. Business activity of the group is divided into Credit Platform, Private Clients, Real Estate Platform, Insurance Platform, Holding and Reconciliation. It generates maximum revenue from the Credit Platform segment. The Credit Platform segment focuses on financial product distributors and product suppliers. Its Private Clients segment offers mortgage finance, personal loans, insurance, current accounts, and deposit accounts through two distribution channels.
Executives
Dieter Pfeiffenberger Supervisory Board

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