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HubSpot (FRA:096) Cyclically Adjusted Book per Share : €12.02 (As of Mar. 2024)


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What is HubSpot 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.

HubSpot's adjusted book value per share for the three months ended in Mar. 2024 was €26.265. 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 €12.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HubSpot's average Cyclically Adjusted Book Growth Rate was 20.10% 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.

As of today (2024-05-22), HubSpot's current stock price is €567.20. HubSpot's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.02. HubSpot's Cyclically Adjusted PB Ratio of today is 47.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HubSpot was 51.85. The lowest was 26.16. And the median was 42.87.


HubSpot Cyclically Adjusted Book per Share Historical Data

The historical data trend for HubSpot'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.

HubSpot Cyclically Adjusted Book per Share Chart

HubSpot 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 - - - 9.46 11.43

HubSpot 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 9.67 10.30 11.01 11.43 12.02

Competitive Comparison of HubSpot's Cyclically Adjusted Book per Share

For the Software - Application subindustry, HubSpot'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.


HubSpot's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



HubSpot 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, HubSpot'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)
=26.265/131.7762*131.7762
=26.265

Current CPI (Mar. 2024) = 131.7762.

HubSpot Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.128 100.560 -0.168
201409 -2.941 100.428 -3.859
201412 2.856 99.070 3.799
201503 3.960 99.621 5.238
201506 3.440 100.684 4.502
201509 3.245 100.392 4.259
201512 3.256 99.792 4.300
201603 3.112 100.470 4.082
201606 3.033 101.688 3.930
201609 3.057 101.861 3.955
201612 3.145 101.863 4.069
201703 3.181 102.862 4.075
201706 4.932 103.349 6.289
201709 4.706 104.136 5.955
201712 4.740 104.011 6.005
201803 4.703 105.290 5.886
201806 5.023 106.317 6.226
201809 5.053 106.507 6.252
201812 5.471 105.998 6.802
201903 12.655 107.251 15.549
201906 12.940 108.070 15.779
201909 13.381 108.329 16.277
201912 13.618 108.420 16.552
202003 13.738 108.902 16.624
202006 14.147 108.767 17.140
202009 13.615 109.815 16.338
202012 13.594 109.897 16.300
202103 13.966 111.754 16.468
202106 14.271 114.631 16.405
202109 15.013 115.734 17.094
202112 16.318 117.630 18.280
202203 15.893 121.301 17.265
202206 17.212 125.017 18.143
202209 18.978 125.227 19.971
202212 19.031 125.222 20.027
202303 19.755 127.348 20.442
202306 20.046 128.729 20.521
202309 22.181 129.860 22.508
202312 23.996 129.419 24.433
202403 26.265 131.776 26.265

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


HubSpot  (FRA:096) 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.

HubSpot's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=567.20/12.02
=47.19

* 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 HubSpot was 51.85. The lowest was 26.16. And the median was 42.87.


Be Aware

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


HubSpot Cyclically Adjusted Book per Share Related Terms

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


HubSpot (FRA:096) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » HubSpot Inc (FRA:096) » Definitions » Cyclically Adjusted Book per Share
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Address
25 First Street, 2nd Floor, Cambridge, MA, USA, 02141
HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot's mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly. The company was founded in 2006, completed its initial public offering in 2014, and is headquartered in Cambridge, Massachusetts.

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