GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hasbro Inc (BSP:H1AS34) » Definitions » Cyclically Adjusted Book per Share

Hasbro (BSP:H1AS34) Cyclically Adjusted Book per Share : R$45.59 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Hasbro Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2024 was R$18.071. 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 R$45.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hasbro's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hasbro was 9.80% per year. The lowest was 0.20% per year. And the median was 3.70% per year.

As of today (2024-06-06), Hasbro's current stock price is R$151.05. Hasbro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$45.59. Hasbro's Cyclically Adjusted PB Ratio of today is 3.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hasbro was 9.39. The lowest was 2.25. And the median was 6.18.


Hasbro Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hasbro's Cyclically Adjusted Book per Share 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 Book per Share Chart

Hasbro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 37.97 44.94 45.59 45.36

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 Book per Share 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 44.66 42.11 51.56 45.36 45.59

Competitive Comparison of Hasbro's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=18.071/131.7762*131.7762
=18.071

Current CPI (Mar. 2024) = 131.7762.

Hasbro Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.690 100.560 16.629
201409 13.885 100.428 18.219
201412 15.548 99.070 20.681
201503 18.226 99.621 24.109
201506 17.793 100.684 23.288
201509 24.145 100.392 31.693
201512 25.871 99.792 34.163
201603 23.802 100.470 31.219
201606 22.002 101.688 28.512
201609 22.676 101.861 29.336
201612 25.093 101.863 32.462
201703 23.162 102.862 29.673
201706 24.140 103.349 30.780
201709 24.599 104.136 31.128
201712 24.226 104.011 30.693
201803 20.612 105.290 25.797
201806 26.163 106.317 32.428
201809 30.597 106.507 37.856
201812 27.010 105.998 33.579
201903 25.244 107.251 31.017
201906 26.211 108.070 31.961
201909 30.034 108.329 36.535
201912 44.918 108.420 54.594
202003 48.667 108.902 58.889
202006 49.301 108.767 59.730
202009 54.653 109.815 65.583
202012 54.267 109.897 65.071
202103 59.797 111.754 70.510
202106 52.059 114.631 59.845
202109 57.766 115.734 65.773
202112 61.898 117.630 69.342
202203 54.353 121.301 59.047
202206 54.532 125.017 57.480
202209 56.495 125.227 59.450
202212 53.767 125.222 56.581
202303 51.312 127.348 53.096
202306 42.740 128.729 43.752
202309 39.116 129.860 39.693
202312 18.745 129.419 19.086
202403 18.071 131.776 18.071

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Hasbro  (BSP:H1AS34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=151.05/45.59
=3.31

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hasbro was 9.39. The lowest was 2.25. And the median was 6.18.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Hasbro Cyclically Adjusted Book per Share Related Terms

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


Hasbro (BSP:H1AS34) Business Description

Industry
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 (BSP:H1AS34) Headlines

No Headlines