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HTHIY (Hitachi) Cyclically Adjusted PB Ratio : 4.74 (As of May. 30, 2025)


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What is Hitachi Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Hitachi's current share price is $27.80. Hitachi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $5.86. Hitachi's Cyclically Adjusted PB Ratio for today is 4.74.

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

HTHIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.62   Max: 5.09
Current: 4.39

During the past years, Hitachi's highest Cyclically Adjusted PB Ratio was 5.09. The lowest was 0.80. And the median was 1.62.

HTHIY's Cyclically Adjusted PB Ratio is ranked worse than
89.91% of 456 companies
in the Conglomerates industry
Industry Median: 0.945 vs HTHIY: 4.39

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.

Hitachi's adjusted book value per share data for the three months ended in Mar. 2025 was $8.569. 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 $5.86 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitachi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hitachi'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.

Hitachi Cyclically Adjusted PB Ratio Chart

Hitachi Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.97 2.06 3.55 4.00

Hitachi Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.55 - 4.62 4.65 4.00

Competitive Comparison of Hitachi's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hitachi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hitachi 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.

Hitachi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.80/5.86
=4.74

* 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.

Hitachi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hitachi's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.569/111.1000*111.1000
=8.569

Current CPI (Mar. 2025) = 111.1000.

Hitachi Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.045 98.400 5.696
201509 5.073 98.500 5.722
201512 5.089 98.100 5.763
201603 5.016 97.900 5.692
201606 5.104 98.100 5.780
201609 5.340 98.000 6.054
201612 5.151 98.400 5.816
201703 5.443 98.100 6.164
201706 5.627 98.500 6.347
201709 5.881 98.800 6.613
201712 5.906 99.400 6.601
201803 6.403 99.200 7.171
201806 6.318 99.200 7.076
201809 6.374 99.900 7.089
201812 5.801 99.700 6.464
201903 6.080 99.700 6.775
201906 6.299 99.800 7.012
201909 6.431 100.100 7.138
201912 6.127 100.500 6.773
202003 6.075 100.300 6.729
202006 5.839 99.900 6.494
202009 5.713 99.900 6.353
202012 5.836 99.300 6.530
202103 6.709 99.900 7.461
202106 6.750 99.500 7.537
202109 7.180 100.100 7.969
202112 7.176 100.100 7.965
202203 7.571 101.100 8.320
202206 7.174 101.800 7.829
202209 7.152 103.100 7.707
202212 7.153 104.100 7.634
202303 7.888 104.400 8.394
202306 7.944 105.200 8.390
202309 7.905 106.200 8.270
202312 7.913 106.800 8.232
202403 8.217 107.200 8.516
202406 0.000 108.200 0.000
202409 8.371 108.900 8.540
202412 8.306 110.700 8.336
202503 8.569 111.100 8.569

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.


Hitachi  (OTCPK:HTHIY) 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.


Hitachi Cyclically Adjusted PB Ratio Related Terms

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


Hitachi Business Description

Industry
Traded in Other Exchanges
Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.