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Hexagon AB (OSTO:HEXA B) Cyclically Adjusted PB Ratio : 3.00 (As of Jul. 07, 2025)


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What is Hexagon AB Cyclically Adjusted PB Ratio?

As of today (2025-07-07), Hexagon AB's current share price is kr95.72. Hexagon AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr31.92. Hexagon AB's Cyclically Adjusted PB Ratio for today is 3.00.

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

OSTO:HEXA B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.65   Med: 5.2   Max: 8.7
Current: 2.99

During the past years, Hexagon AB's highest Cyclically Adjusted PB Ratio was 8.70. The lowest was 2.65. And the median was 5.20.

OSTO:HEXA B's Cyclically Adjusted PB Ratio is ranked worse than
67.76% of 1945 companies
in the Hardware industry
Industry Median: 1.7 vs OSTO:HEXA B: 2.99

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.

Hexagon AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr44.702. 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 kr31.92 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexagon AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hexagon AB'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.

Hexagon AB Cyclically Adjusted PB Ratio Chart

Hexagon AB 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 6.55 7.62 4.53 4.30 3.37

Hexagon AB 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 4.38 4.01 3.59 3.37 3.34

Competitive Comparison of Hexagon AB's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Hexagon AB'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.


Hexagon AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hexagon AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hexagon AB 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.

Hexagon AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=95.72/31.92
=3.00

* 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.

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

For example, Hexagon AB'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)
=44.702/132.8245*132.8245
=44.702

Current CPI (Mar. 2025) = 132.8245.

Hexagon AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.009 99.995 18.608
201509 14.443 100.228 19.140
201512 15.011 100.276 19.883
201603 14.885 100.751 19.623
201606 15.205 101.019 19.992
201609 15.966 101.138 20.968
201612 17.617 102.022 22.936
201703 17.552 102.022 22.851
201706 16.820 102.752 21.743
201709 16.608 103.279 21.359
201712 18.078 103.793 23.135
201803 18.732 103.962 23.933
201806 19.715 104.875 24.969
201809 21.000 105.679 26.394
201812 21.454 105.912 26.906
201903 23.250 105.886 29.165
201906 23.038 106.742 28.667
201909 24.738 107.214 30.647
201912 24.701 107.766 30.445
202003 26.136 106.563 32.577
202006 25.145 107.498 31.069
202009 24.985 107.635 30.832
202012 23.510 108.296 28.835
202103 25.333 108.360 31.053
202106 25.087 108.928 30.591
202109 26.478 110.338 31.874
202112 33.264 112.486 39.278
202203 35.578 114.825 41.155
202206 37.812 118.384 42.424
202209 41.775 122.296 45.371
202212 40.179 126.365 42.233
202303 41.228 127.042 43.105
202306 42.649 129.407 43.775
202309 44.592 130.224 45.483
202312 41.729 131.912 42.018
202403 43.976 132.205 44.182
202406 43.588 132.716 43.624
202409 43.162 132.304 43.332
202412 47.825 132.987 47.766
202503 44.702 132.825 44.702

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.


Hexagon AB  (OSTO:HEXA B) 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.


Hexagon AB Cyclically Adjusted PB Ratio Related Terms

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


Hexagon AB Business Description

Industry
Traded in Other Exchanges
Address
Lilla Bantorget 15, Stockholm, SWE, SE-111 23
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.

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