GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heidelberger Druckmaschinen AG (OTCPK:HBGRY) » Definitions » Cyclically Adjusted PB Ratio

HBGRY (Heidelberger Druckmaschinen AG) Cyclically Adjusted PB Ratio : 0.73 (As of May. 16, 2025)


View and export this data going back to 2008. Start your Free Trial

What is Heidelberger Druckmaschinen AG Cyclically Adjusted PB Ratio?

As of today (2025-05-16), Heidelberger Druckmaschinen AG's current share price is $0.5098. Heidelberger Druckmaschinen AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.70. Heidelberger Druckmaschinen AG's Cyclically Adjusted PB Ratio for today is 0.73.

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

HBGRY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.86   Max: 2.43
Current: 1.08

During the past years, Heidelberger Druckmaschinen AG's highest Cyclically Adjusted PB Ratio was 2.43. The lowest was 0.27. And the median was 0.86.

HBGRY's Cyclically Adjusted PB Ratio is ranked better than
68.48% of 2078 companies
in the Industrial Products industry
Industry Median: 1.92 vs HBGRY: 1.08

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.

Heidelberger Druckmaschinen AG's adjusted book value per share data for the three months ended in Dec. 2024 was $0.807. 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 $0.70 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heidelberger Druckmaschinen AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Heidelberger Druckmaschinen 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.

Heidelberger Druckmaschinen AG Cyclically Adjusted PB Ratio Chart

Heidelberger Druckmaschinen AG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.80 1.99 1.39 0.84

Heidelberger Druckmaschinen AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.01 0.84 1.02 0.84 0.72

Competitive Comparison of Heidelberger Druckmaschinen AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Heidelberger Druckmaschinen 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.


Heidelberger Druckmaschinen AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


;
;

Heidelberger Druckmaschinen 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.

Heidelberger Druckmaschinen AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.5098/0.70
=0.73

* 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.

Heidelberger Druckmaschinen AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Heidelberger Druckmaschinen AG's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.807/127.0412*127.0412
=0.807

Current CPI (Dec. 2024) = 127.0412.

Heidelberger Druckmaschinen AG Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.386 99.717 0.492
201506 0.736 100.417 0.931
201509 0.642 100.417 0.812
201512 0.716 99.717 0.912
201603 0.620 100.017 0.788
201606 0.365 100.717 0.460
201609 0.274 101.017 0.345
201612 0.504 101.217 0.633
201703 0.707 101.417 0.886
201706 0.834 102.117 1.038
201709 0.815 102.717 1.008
201712 0.732 102.617 0.906
201803 0.754 102.917 0.931
201806 0.696 104.017 0.850
201809 0.781 104.718 0.947
201812 0.674 104.217 0.822
201903 0.741 104.217 0.903
201906 0.548 105.718 0.659
201909 0.482 106.018 0.578
201912 0.599 105.818 0.719
202003 0.367 105.718 0.441
202006 0.290 106.618 0.346
202009 0.223 105.818 0.268
202012 0.114 105.518 0.137
202103 0.213 107.518 0.252
202106 0.162 108.486 0.190
202109 0.264 109.435 0.306
202112 0.301 110.384 0.346
202203 0.438 113.968 0.488
202206 0.703 115.760 0.772
202209 0.743 118.818 0.794
202212 0.795 119.345 0.846
202303 0.902 122.402 0.936
202306 0.917 123.140 0.946
202309 1.017 124.195 1.040
202312 0.876 123.773 0.899
202403 0.941 125.038 0.956
202406 0.881 125.882 0.889
202409 0.859 126.198 0.865
202412 0.807 127.041 0.807

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.


Heidelberger Druckmaschinen AG  (OTCPK:HBGRY) 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.


Heidelberger Druckmaschinen AG Cyclically Adjusted PB Ratio Related Terms

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


Heidelberger Druckmaschinen AG Business Description

Traded in Other Exchanges
Address
Kurfursten-Anlage 52-60, Heidelberg, BW, DEU, 69115
Heidelberger Druckmaschinen AG is a company that develops and manufactures offset printing presses, parts, printing software, and accessories for its customers in packaging and label printing and advertising printing (commercial printing) areas. It organizes its business into three segments namely Print Solutions, Packaging Solutions, and Technology Solutions. The company generates maximum revenue from the Packaging Solutions segment. Geographically, the company generates revenue from EMEA, Asia Pacific, and the Americas regions.