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HELLA GmbH KGaA (HELLA GmbH KGaA) Cyclically Adjusted Book per Share : $13.59 (As of Mar. 2024)


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What is HELLA GmbH KGaA 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.

HELLA GmbH KGaA's adjusted book value per share for the three months ended in Mar. 2024 was $14.521. 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 $13.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HELLA GmbH KGaA's average Cyclically Adjusted Book Growth Rate was 7.60% 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 (2024-05-31), HELLA GmbH KGaA's current stock price is $44.21. HELLA GmbH KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.59. HELLA GmbH KGaA's Cyclically Adjusted PB Ratio of today is 3.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HELLA GmbH KGaA was 3.76. The lowest was 2.66. And the median was 3.22.


HELLA GmbH KGaA Cyclically Adjusted Book per Share Historical Data

The historical data trend for HELLA GmbH KGaA'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.

HELLA GmbH KGaA Cyclically Adjusted Book per Share Chart

HELLA GmbH KGaA Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.12 10.60

HELLA GmbH KGaA Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 12.48 12.29 12.93 10.60 13.59

Competitive Comparison of HELLA GmbH KGaA's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, HELLA GmbH KGaA'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.


HELLA GmbH KGaA's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HELLA GmbH KGaA 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, HELLA GmbH KGaA'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)
=14.521/125.0381*125.0381
=14.521

Current CPI (Mar. 2024) = 125.0381.

HELLA GmbH KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201405 8.111 99.263 10.217
201408 8.159 99.823 10.220
201411 9.401 99.543 11.809
201502 8.981 99.217 11.318
201505 9.454 100.417 11.772
201508 9.469 100.617 11.767
201511 9.236 99.717 11.581
201602 9.407 99.317 11.843
201605 10.042 100.617 12.479
201608 10.230 101.017 12.663
201611 10.033 100.517 12.481
201702 10.377 101.217 12.819
201705 11.042 101.817 13.560
201708 12.104 102.617 14.749
201711 12.036 102.117 14.738
201802 13.135 102.317 16.052
201805 13.162 103.917 15.837
201808 13.314 104.517 15.928
201811 14.267 104.217 17.117
201902 14.577 103.817 17.557
201905 14.929 105.418 17.708
201908 14.913 106.018 17.589
201911 13.611 105.318 16.160
202002 13.603 105.618 16.104
202005 10.332 106.018 12.186
202008 10.564 106.018 12.459
202011 11.362 105.018 13.528
202102 12.545 107.018 14.657
202105 13.444 108.170 15.541
202108 13.474 109.118 15.440
202111 12.917 110.173 14.660
202202 13.376 111.754 14.966
202205 13.016 115.760 14.059
202208 13.099 116.709 14.034
202211 13.002 119.872 13.562
202303 14.982 122.402 15.305
202306 13.778 123.140 13.990
202309 14.012 124.195 14.107
202312 14.199 123.773 14.344
202403 14.521 125.038 14.521

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


HELLA GmbH KGaA  (OTCPK:HLLGY) 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.

HELLA GmbH KGaA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.21/13.59
=3.25

* 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 HELLA GmbH KGaA was 3.76. The lowest was 2.66. And the median was 3.22.


Be Aware

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


HELLA GmbH KGaA Cyclically Adjusted Book per Share Related Terms

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


HELLA GmbH KGaA (HELLA GmbH KGaA) Business Description

Traded in Other Exchanges
Address
Rixbecker Strasse 75, Lippstadt, NW, DEU, 59552
HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments which are Lighting, Electronics and Lifecycle Solutions. The company generates majority of the revenue from Lighting segment.

HELLA GmbH KGaA (HELLA GmbH KGaA) Headlines