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HWDJY (Howden Joinery Group) Cyclically Adjusted PB Ratio : 5.59 (As of Jun. 01, 2025)


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What is Howden Joinery Group Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Howden Joinery Group's current share price is $52.56. Howden Joinery Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was $9.41. Howden Joinery Group's Cyclically Adjusted PB Ratio for today is 5.59.

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

HWDJY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.79   Med: 12.09   Max: 52.85
Current: 6.07

During the past 13 years, Howden Joinery Group's highest Cyclically Adjusted PB Ratio was 52.85. The lowest was 4.79. And the median was 12.09.

HWDJY's Cyclically Adjusted PB Ratio is ranked worse than
92.43% of 317 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.24 vs HWDJY: 6.07

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.

Howden Joinery Group's adjusted book value per share data of for the fiscal year that ended in Dec24 was $10.382. 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 $9.41 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Howden Joinery Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Howden Joinery Group'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.

Howden Joinery Group Cyclically Adjusted PB Ratio Chart

Howden Joinery Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.41 10.62 5.29 6.61 5.60

Howden Joinery Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 5.29 - 6.61 - 5.60

Competitive Comparison of Howden Joinery Group's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery Group'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.


Howden Joinery Group's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Howden Joinery Group 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.

Howden Joinery Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.56/9.41
=5.59

* 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.

Howden Joinery Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Howden Joinery Group's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=10.382/135.1000*135.1000
=10.382

Current CPI (Dec24) = 135.1000.

Howden Joinery Group Annual Data

Book Value per Share CPI Adj_Book
201512 3.929 100.400 5.287
201612 3.154 102.200 4.169
201712 3.923 105.000 5.048
201812 4.717 107.100 5.950
201912 5.387 108.500 6.708
202012 6.490 109.400 8.015
202112 8.909 114.700 10.494
202212 7.643 125.300 8.241
202312 9.029 130.500 9.347
202412 10.382 135.100 10.382

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.


Howden Joinery Group  (OTCPK:HWDJY) 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.


Howden Joinery Group Cyclically Adjusted PB Ratio Related Terms

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Howden Joinery Group Business Description

Traded in Other Exchanges
Address
105 Wigmore Street, London, GBR, W1U 1QY
Howden Joinery Group PLC is a U.K.-based company that manufactures, sources, and sells kitchen and joinery products. The Group's operations are mainly located in the United Kingdom with a small presence in France, Belgium, and the Republic of Ireland. It generates the majority of its revenue from the U.K. The firm caters to small, local homebuilders. The company's products are divided among its kitchen collection, which includes kitchen accessories and cabinets; the appliance collection, which includes ovens, refrigeration, dishwashers, and laundry; the doors and joinery collection, which includes internal, external, and sliding doors and frames; the hardware collection, which includes door handles and accessories; the flooring collection; and the bathroom cabinet collection.