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Hapag-Lloyd AG (Hapag-Lloyd AG) Cyclically Adjusted Book per Share : $35.96 (As of Mar. 2024)


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What is Hapag-Lloyd AG 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.

Hapag-Lloyd AG's adjusted book value per share for the three months ended in Mar. 2024 was $60.175. 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 $35.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hapag-Lloyd AG's average Cyclically Adjusted Book Growth Rate was 14.90% 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 (2024-06-10), Hapag-Lloyd AG's current stock price is $95.98. Hapag-Lloyd AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $35.96. Hapag-Lloyd AG's Cyclically Adjusted PB Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hapag-Lloyd AG was 9.83. The lowest was 1.74. And the median was 4.00.


Hapag-Lloyd AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hapag-Lloyd AG'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.

Hapag-Lloyd AG Cyclically Adjusted Book per Share Chart

Hapag-Lloyd AG 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 - - 22.92 30.04 36.01

Hapag-Lloyd AG 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 32.56 33.93 33.74 36.01 35.96

Competitive Comparison of Hapag-Lloyd AG's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Hapag-Lloyd AG'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.


Hapag-Lloyd AG's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hapag-Lloyd AG's Cyclically Adjusted PB Ratio falls into.



Hapag-Lloyd AG 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, Hapag-Lloyd AG'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)
=60.175/125.0381*125.0381
=60.175

Current CPI (Mar. 2024) = 125.0381.

Hapag-Lloyd AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.504 99.543 21.987
201409 17.435 99.823 21.839
201412 24.212 99.543 30.413
201503 24.370 99.717 30.558
201506 22.311 100.417 27.781
201509 22.264 100.417 27.723
201512 22.985 99.717 28.822
201603 22.202 100.017 27.756
201606 22.273 100.717 27.652
201609 22.211 101.017 27.493
201612 22.329 101.217 27.584
201703 22.110 101.417 27.260
201706 18.924 102.117 23.172
201709 19.566 102.717 23.818
201712 20.354 102.617 24.801
201803 20.557 102.917 24.975
201806 20.385 104.017 24.505
201809 20.517 104.718 24.498
201812 20.223 104.217 24.263
201903 20.610 104.217 24.727
201906 20.306 105.718 24.017
201909 20.981 106.018 24.745
201912 20.883 105.818 24.676
202003 21.359 105.718 25.262
202006 21.388 106.618 25.083
202009 22.213 105.818 26.248
202012 23.212 105.518 27.506
202103 28.031 107.518 32.599
202106 31.110 108.486 35.857
202109 40.956 109.435 46.796
202112 51.910 110.384 58.802
202203 64.961 113.968 71.271
202206 61.724 115.760 66.671
202209 76.662 118.818 80.675
202212 84.058 119.345 88.068
202303 89.089 122.402 91.007
202306 58.663 123.140 59.567
202309 59.998 124.195 60.405
202312 57.983 123.773 58.576
202403 60.175 125.038 60.175

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


Hapag-Lloyd AG  (OTCPK:HPGLY) 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.

Hapag-Lloyd AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=95.98/35.96
=2.67

* 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 Hapag-Lloyd AG was 9.83. The lowest was 1.74. And the median was 4.00.


Be Aware

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


Hapag-Lloyd AG Cyclically Adjusted Book per Share Related Terms

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


Hapag-Lloyd AG (Hapag-Lloyd AG) Business Description

Industry
Address
Ballindamm 25, Hamburg, DEU, 20095
Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.

Hapag-Lloyd AG (Hapag-Lloyd AG) Headlines

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