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HolidayCheck Group AG (HAM:HOC) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is HolidayCheck Group AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HolidayCheck Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HolidayCheck Group 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.

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HolidayCheck Group AG Cyclically Adjusted PB Ratio Chart

HolidayCheck Group AG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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HolidayCheck Group AG Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of HolidayCheck Group AG's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, HolidayCheck Group 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.


HolidayCheck Group AG's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HolidayCheck Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HolidayCheck Group 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.

HolidayCheck Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, HolidayCheck Group AG's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=1.487/109.4347*109.4347
=1.487

Current CPI (Sep. 2021) = 109.4347.

HolidayCheck Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201112 1.821 95.998 2.076
201203 1.829 97.117 2.061
201206 1.797 96.744 2.033
201209 1.840 97.584 2.063
201212 1.966 97.957 2.196
201303 2.150 98.516 2.388
201306 2.136 98.516 2.373
201309 2.154 98.983 2.381
201312 2.275 99.356 2.506
201403 2.235 99.543 2.457
201406 2.206 99.543 2.425
201409 2.108 99.823 2.311
201412 2.152 99.543 2.366
201503 2.138 99.717 2.346
201506 2.414 100.417 2.631
201509 2.431 100.417 2.649
201512 2.896 99.717 3.178
201603 2.891 100.017 3.163
201606 2.869 100.717 3.117
201609 2.883 101.017 3.123
201612 2.841 101.217 3.072
201703 2.849 101.417 3.074
201706 2.752 102.117 2.949
201709 2.712 102.717 2.889
201712 2.692 102.617 2.871
201803 2.757 102.917 2.932
201806 2.754 104.017 2.897
201809 2.764 104.718 2.889
201812 2.794 104.217 2.934
201903 2.821 104.217 2.962
201906 2.761 105.718 2.858
201909 2.694 106.018 2.781
201912 2.662 105.818 2.753
202003 1.640 105.718 1.698
202006 1.514 106.618 1.554
202009 1.518 105.818 1.570
202012 1.390 105.518 1.442
202103 1.384 107.518 1.409
202106 1.354 108.486 1.366
202109 1.487 109.435 1.487

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.


HolidayCheck Group AG  (HAM:HOC) 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.


HolidayCheck Group AG Cyclically Adjusted PB Ratio Related Terms

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HolidayCheck Group AG (HAM:HOC) Business Description

Traded in Other Exchanges
N/A
Address
Neumarkter Strasse 61, Munich, DEU, 81673
HolidayCheck Group AG is a European digital company for holidaymakers. Its business activities include the operation of hotel rating and travel booking portals and rental car portal. Its core sales markets for the web portals are Australia, Belgium, Germany, the Netherlands, Poland, and Switzerland. It derives revenue in the form of brokerage on travel and hotel booking and online advertising.
Executives
Markus Scheuermann Board of Directors
Dr. Dirk Altenbeck Supervisory Board
Aliz Tepfenhart Supervisory Board
Dr. Marc Al-hames Board of Directors

HolidayCheck Group AG (HAM:HOC) Headlines

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