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Hudson Global (FRA:HDH1) Cyclically Adjusted Book per Share : €16.45 (As of Mar. 2024)


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What is Hudson Global 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.

Hudson Global's adjusted book value per share for the three months ended in Mar. 2024 was €14.387. 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 €16.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hudson Global's average Cyclically Adjusted Book Growth Rate was -4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -10.70% 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 Hudson Global was -5.60% per year. The lowest was -16.30% per year. And the median was -11.75% per year.

As of today (2024-06-09), Hudson Global's current stock price is €13.60. Hudson Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.45. Hudson Global's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hudson Global was 2.02. The lowest was 0.27. And the median was 0.62.


Hudson Global Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hudson Global'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.

Hudson Global Cyclically Adjusted Book per Share Chart

Hudson Global 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 62.88 66.10 22.81 27.39 15.20

Hudson Global 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 27.50 16.52 16.67 15.20 16.45

Competitive Comparison of Hudson Global's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Hudson Global'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.


Hudson Global's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hudson Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hudson Global 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, Hudson Global'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)
=14.387/131.7762*131.7762
=14.387

Current CPI (Mar. 2024) = 131.7762.

Hudson Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.298 100.560 20.047
201409 13.660 100.428 17.924
201412 14.327 99.070 19.057
201503 13.685 99.621 18.102
201506 17.633 100.684 23.078
201509 16.512 100.392 21.674
201512 16.226 99.792 21.426
201603 14.694 100.470 19.273
201606 12.910 101.688 16.730
201609 12.367 101.861 15.999
201612 12.500 101.863 16.171
201703 12.405 102.862 15.892
201706 12.648 103.349 16.127
201709 12.016 104.136 15.205
201712 11.702 104.011 14.826
201803 11.295 105.290 14.136
201806 11.195 106.317 13.876
201809 11.047 106.507 13.668
201812 11.154 105.998 13.867
201903 10.484 107.251 12.881
201906 10.167 108.070 12.397
201909 10.490 108.329 12.760
201912 11.046 108.420 13.426
202003 11.010 108.902 13.323
202006 10.713 108.767 12.979
202009 10.137 109.815 12.164
202012 10.495 109.897 12.584
202103 10.672 111.754 12.584
202106 10.738 114.631 12.344
202109 11.471 115.734 13.061
202112 12.852 117.630 14.398
202203 13.852 121.301 15.048
202206 15.141 125.017 15.960
202209 16.055 125.227 16.895
202212 15.472 125.222 16.282
202303 15.345 127.348 15.879
202306 15.264 128.729 15.625
202309 15.523 129.860 15.752
202312 15.862 129.419 16.151
202403 14.387 131.776 14.387

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


Hudson Global  (FRA:HDH1) 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.

Hudson Global's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.60/16.45
=0.83

* 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 Hudson Global was 2.02. The lowest was 0.27. And the median was 0.62.


Be Aware

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


Hudson Global Cyclically Adjusted Book per Share Related Terms

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


Hudson Global (FRA:HDH1) Business Description

Industry
Traded in Other Exchanges
Address
53 Forest Avenue, Suite 102, Old Greenwich, CT, USA, 06870
Hudson Global Inc provides specialized recruitment and related talent solutions. Its core services include Permanent recruitment, Contracting, Recruitment process outsourcing (RPO) and Talent management solutions. Its Permanent recruitment services leverage the company's consultants. In contracting services, it offers project management, interim management, and professional contract staffing services. RPO services deliver permanent and contracting outsourced recruitment solutions to various companies whereas, Talent management solutions feature services like talent assessment, interview training, executive coaching, employee development and outplacement.

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