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Hammond Power Solutions (TSX:HPS.A) Cyclically Adjusted PB Ratio : 6.72 (As of May. 04, 2025)


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What is Hammond Power Solutions Cyclically Adjusted PB Ratio?

As of today (2025-05-04), Hammond Power Solutions's current share price is C$93.74. Hammond Power Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was C$13.95. Hammond Power Solutions's Cyclically Adjusted PB Ratio for today is 6.72.

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

TSX:HPS.A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1   Max: 12.02
Current: 6.72

During the past years, Hammond Power Solutions's highest Cyclically Adjusted PB Ratio was 12.02. The lowest was 0.53. And the median was 1.00.

TSX:HPS.A's Cyclically Adjusted PB Ratio is ranked worse than
90.59% of 2062 companies
in the Industrial Products industry
Industry Median: 1.825 vs TSX:HPS.A: 6.72

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.

Hammond Power Solutions's adjusted book value per share data for the three months ended in Dec. 2024 was C$25.875. 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 C$13.95 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hammond Power Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hammond Power Solutions'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.

Hammond Power Solutions Cyclically Adjusted PB Ratio Chart

Hammond Power Solutions 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 0.84 1.12 1.73 6.45 9.18

Hammond Power Solutions 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 11.17 8.34 10.39 9.18 -

Competitive Comparison of Hammond Power Solutions's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Hammond Power Solutions'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.


Hammond Power Solutions's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hammond Power Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hammond Power Solutions 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.

Hammond Power Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.74/13.95
=6.72

* 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.

Hammond Power Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Hammond Power Solutions'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)
=25.875/127.3637*127.3637
=25.875

Current CPI (Dec. 2024) = 127.3637.

Hammond Power Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201503 10.183 99.789 12.997
201506 10.028 100.500 12.708
201509 10.545 100.421 13.374
201512 11.082 99.947 14.122
201603 10.591 101.054 13.348
201606 10.314 102.002 12.879
201609 10.370 101.765 12.979
201612 10.294 101.449 12.924
201703 10.455 102.634 12.974
201706 10.366 103.029 12.814
201709 9.940 103.345 12.250
201712 9.799 103.345 12.076
201803 10.184 105.004 12.353
201806 10.164 105.557 12.264
201809 10.017 105.636 12.077
201812 9.261 105.399 11.191
201903 9.081 106.979 10.811
201906 8.979 107.690 10.619
201909 9.342 107.611 11.057
201912 9.346 107.769 11.045
202003 9.857 107.927 11.632
202006 9.921 108.401 11.656
202009 9.896 108.164 11.653
202012 9.699 108.559 11.379
202103 9.777 110.298 11.290
202106 9.977 111.720 11.374
202109 10.398 112.905 11.730
202112 10.687 113.774 11.964
202203 11.303 117.646 12.237
202206 12.088 120.806 12.744
202209 13.830 120.648 14.600
202212 14.947 120.964 15.738
202303 16.094 122.702 16.705
202306 16.841 124.203 17.270
202309 18.296 125.230 18.608
202312 19.351 125.072 19.706
202403 20.020 126.258 20.195
202406 22.093 127.522 22.066
202409 22.778 127.285 22.792
202412 25.875 127.364 25.875

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.


Hammond Power Solutions  (TSX:HPS.A) 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.


Hammond Power Solutions Cyclically Adjusted PB Ratio Related Terms

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


Hammond Power Solutions Business Description

Traded in Other Exchanges
Address
595 Southgate Drive, Guelph, ON, CAN, N1G 3W6
Hammond Power Solutions Inc is engaged in designing and manufacturing custom electrical magnetics, cast resin, custom liquid-filled distribution and power transformers, and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India from which it derives majority revenue in the United States and Mexico.

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