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HORNBACH Baumarkt AG (HAM:HBM) Cyclically Adjusted PB Ratio : 1.52 (As of Jun. 02, 2025)


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What is HORNBACH Baumarkt AG Cyclically Adjusted PB Ratio?

As of today (2025-06-02), HORNBACH Baumarkt AG's current share price is €65.50. HORNBACH Baumarkt AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb24 was €43.19. HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio for today is 1.52.

The historical rank and industry rank for HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

HAM:HBM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.96   Max: 1.68
Current: 1.52

During the past 13 years, HORNBACH Baumarkt AG's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.45. And the median was 0.96.

HAM:HBM's Cyclically Adjusted PB Ratio is ranked worse than
56.68% of 748 companies
in the Retail - Cyclical industry
Industry Median: 1.245 vs HAM:HBM: 1.52

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.

HORNBACH Baumarkt AG's adjusted book value per share data of for the fiscal year that ended in Feb24 was €49.740. 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 €43.19 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


HORNBACH Baumarkt AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio 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.

HORNBACH Baumarkt AG Cyclically Adjusted PB Ratio Chart

HORNBACH Baumarkt AG Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 1.03 1.33 - 1.11

HORNBACH Baumarkt AG Semi-Annual Data
Feb05 Feb06 Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio 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 0.50 1.03 1.33 - 1.11

Competitive Comparison of HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, HORNBACH Baumarkt 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.


HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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HORNBACH Baumarkt AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.50/43.19
=1.52

* 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.

HORNBACH Baumarkt AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb24 is calculated as:

For example, HORNBACH Baumarkt AG's adjusted Book Value per Share data for the fiscal year that ended in Feb24 was:

Adj_Book=Book Value per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=49.74/124.5109*124.5109
=49.740

Current CPI (Feb24) = 124.5109.

HORNBACH Baumarkt AG Annual Data

Book Value per Share CPI Adj_Book
201502 29.000 99.217 36.393
201602 30.587 99.317 38.346
201702 31.774 101.217 39.086
201802 32.974 102.317 40.126
201902 33.597 103.817 40.294
202002 35.591 105.618 41.958
202102 39.461 107.018 45.911
202202 45.180 111.754 50.337
202302 48.529 121.454 49.751
202402 49.740 124.511 49.740

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


HORNBACH Baumarkt AG  (HAM:HBM) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


HORNBACH Baumarkt AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of HORNBACH Baumarkt AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HORNBACH Baumarkt AG Business Description

Traded in Other Exchanges
Address
Hornbachstrasse, Pfalz, Bornheim bei Landau, RP, DEU, 76878
HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.