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Hasbro (STU:HAS) Cyclically Adjusted PB Ratio : 3.36 (As of May. 15, 2024)


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What is Hasbro Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Hasbro's current share price is €57.69. Hasbro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.18. Hasbro's Cyclically Adjusted PB Ratio for today is 3.36.

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

STU:HAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 6.18   Max: 9.39
Current: 3.34

During the past years, Hasbro's highest Cyclically Adjusted PB Ratio was 9.39. The lowest was 2.25. And the median was 6.18.

STU:HAS's Cyclically Adjusted PB Ratio is ranked worse than
76.35% of 592 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs STU:HAS: 3.34

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.

Hasbro's adjusted book value per share data for the three months ended in Mar. 2024 was €6.677. 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 €17.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hasbro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hasbro'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.

Hasbro Cyclically Adjusted PB Ratio Chart

Hasbro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.67 6.40 6.18 3.34 2.71

Hasbro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.87 3.42 3.46 2.71 3.03

Competitive Comparison of Hasbro's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Hasbro'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.


Hasbro's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hasbro 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.69/17.18
=3.36

* 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.

Hasbro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hasbro's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.677/129.4194*129.4194
=6.677

Current CPI (Mar. 2024) = 129.4194.

Hasbro Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.354 100.560 10.752
201409 9.218 100.428 11.879
201412 9.545 99.070 12.469
201503 10.722 99.621 13.929
201506 10.189 100.684 13.097
201509 11.023 100.392 14.210
201512 12.240 99.792 15.874
201603 11.560 100.470 14.891
201606 11.440 101.688 14.560
201609 12.421 101.861 15.781
201612 14.185 101.863 18.022
201703 13.849 102.862 17.425
201706 13.039 103.349 16.328
201709 13.177 104.136 16.376
201712 12.425 104.011 15.460
201803 10.196 105.290 12.533
201806 11.878 106.317 14.459
201809 12.764 106.507 15.510
201812 12.227 105.998 14.929
201903 11.634 107.251 14.039
201906 12.032 108.070 14.409
201909 13.240 108.329 15.818
201912 19.698 108.420 23.513
202003 18.028 108.902 21.425
202006 16.876 108.767 20.080
202009 17.185 109.815 20.253
202012 17.341 109.897 20.422
202103 17.827 111.754 20.645
202106 17.186 114.631 19.403
202109 18.602 115.734 20.802
202112 19.374 117.630 21.316
202203 19.835 121.301 21.163
202206 20.440 125.017 21.160
202209 21.764 125.227 22.493
202212 19.353 125.222 20.002
202303 18.402 127.348 18.701
202306 16.255 128.729 16.342
202309 14.843 129.860 14.793
202312 7.016 129.419 7.016
202403 6.677 129.419 6.677

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.


Hasbro  (STU:HAS) 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.


Hasbro Cyclically Adjusted PB Ratio Related Terms

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


Hasbro (STU:HAS) Business Description

Address
1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.

Hasbro (STU:HAS) Headlines

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