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H+H International A/S (CHIX:HHC) Cyclically Adjusted Book per Share : kr98.53 (As of Mar. 2024)


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What is H+H International A/S 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.

H+H International A/S's adjusted book value per share for the three months ended in Mar. 2024 was kr90.281. 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 kr98.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, H+H International A/S's average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 H+H International A/S was 15.30% per year. The lowest was -16.30% per year. And the median was 3.35% per year.

As of today (2024-06-01), H+H International A/S's current stock price is kr105.60. H+H International A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr98.53. H+H International A/S's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of H+H International A/S was 6.12. The lowest was 1.03. And the median was 2.15.


H+H International A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for H+H International A/S'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.

H+H International A/S Cyclically Adjusted Book per Share Chart

H+H International A/S 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 45.18 40.92 44.78 56.79 74.54

H+H International A/S 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 56.67 76.39 90.74 74.54 98.53

Competitive Comparison of H+H International A/S's Cyclically Adjusted Book per Share

For the Building Materials subindustry, H+H International A/S'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.


H+H International A/S's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, H+H International A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where H+H International A/S's Cyclically Adjusted PB Ratio falls into.



H+H International A/S 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, H+H International A/S'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)
=90.281/118.4000*118.4000
=90.281

Current CPI (Mar. 2024) = 118.4000.

H+H International A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.779 99.700 25.864
201409 20.905 99.700 24.826
201412 12.966 99.400 15.444
201503 18.418 100.200 21.763
201506 18.931 100.300 22.347
201509 16.234 100.200 19.183
201512 19.836 99.800 23.533
201603 20.170 100.200 23.834
201606 21.920 100.600 25.798
201609 18.154 100.200 21.451
201612 21.677 100.300 25.589
201703 25.114 101.200 29.382
201706 26.817 101.200 31.375
201709 27.695 101.800 32.211
201712 29.403 101.300 34.366
201803 20.636 101.700 24.025
201806 51.645 102.300 59.773
201809 54.383 102.400 62.880
201812 55.943 102.100 64.874
201903 58.516 102.900 67.330
201906 64.055 102.900 73.704
201909 68.463 102.900 78.776
201912 74.616 102.900 85.856
202003 77.356 103.300 88.664
202006 78.145 103.200 89.655
202009 77.866 103.500 89.076
202012 80.401 103.400 92.065
202103 83.135 104.300 94.374
202106 89.424 105.000 100.836
202109 92.670 105.800 103.706
202112 97.712 106.600 108.528
202203 97.863 109.900 105.432
202206 103.939 113.600 108.331
202209 106.611 116.400 108.443
202212 113.136 115.900 115.576
202303 111.046 117.300 112.087
202306 103.917 116.400 105.703
202309 102.196 117.400 103.066
202312 97.442 116.700 98.861
202403 90.281 118.400 90.281

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


H+H International A/S  (CHIX:HHc) 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.

H+H International A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=105.60/98.53
=1.07

* 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 H+H International A/S was 6.12. The lowest was 1.03. And the median was 2.15.


Be Aware

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


H+H International A/S Cyclically Adjusted Book per Share Related Terms

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


H+H International A/S (CHIX:HHC) Business Description

Traded in Other Exchanges
Address
Lautrupsgade 7, 5th Floor, Copenhagen, DNK, 2100
H+H International A/S is a wall building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The products are building blocks used for wall building the residential new building segment. The product range also includes products such as high-insulating blocks, larger elements and a range of traded goods used for wall building.

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