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Huhtamaki Oyj (OHEL:HUH1V) Cyclically Adjusted Book per Share : €14.37 (As of Mar. 2024)


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What is Huhtamaki Oyj 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.

Huhtamaki Oyj's adjusted book value per share for the three months ended in Mar. 2024 was €18.230. 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 €14.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huhtamaki Oyj's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 Huhtamaki Oyj was 11.60% per year. The lowest was 4.60% per year. And the median was 7.75% per year.

As of today (2024-05-28), Huhtamaki Oyj's current stock price is €37.94. Huhtamaki Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.37. Huhtamaki Oyj's Cyclically Adjusted PB Ratio of today is 2.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Huhtamaki Oyj was 4.56. The lowest was 2.17. And the median was 3.51.


Huhtamaki Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Huhtamaki Oyj'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.

Huhtamaki Oyj Cyclically Adjusted Book per Share Chart

Huhtamaki Oyj 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 9.67 10.12 10.95 12.77 14.06

Huhtamaki Oyj 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 13.24 13.54 13.82 14.06 14.37

Competitive Comparison of Huhtamaki Oyj's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Huhtamaki Oyj'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.


Huhtamaki Oyj's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Huhtamaki Oyj 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, Huhtamaki Oyj'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)
=18.23/122.3600*122.3600
=18.230

Current CPI (Mar. 2024) = 122.3600.

Huhtamaki Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.642 100.147 9.337
201409 8.266 100.726 10.041
201412 8.326 100.229 10.164
201503 9.199 100.120 11.242
201506 8.637 100.030 10.565
201509 8.847 100.130 10.811
201512 9.652 99.990 11.811
201603 9.785 100.080 11.963
201606 9.851 100.390 12.007
201609 10.266 100.540 12.494
201612 10.925 101.020 13.233
201703 11.279 100.910 13.677
201706 10.516 101.140 12.722
201709 10.690 101.320 12.910
201712 11.130 101.510 13.416
201803 11.240 101.730 13.519
201806 11.272 102.320 13.480
201809 11.412 102.600 13.610
201812 11.646 102.710 13.874
201903 12.340 102.870 14.678
201906 11.966 103.360 14.166
201909 12.683 103.540 14.988
201912 12.918 103.650 15.250
202003 13.037 103.490 15.414
202006 13.326 103.320 15.782
202009 12.489 103.710 14.735
202012 12.306 103.890 14.494
202103 13.150 104.870 15.343
202106 12.745 105.360 14.801
202109 13.322 106.290 15.336
202112 14.571 107.490 16.587
202203 15.673 110.950 17.285
202206 16.522 113.570 17.801
202209 18.587 114.920 19.790
202212 17.652 117.320 18.410
202303 17.686 119.750 18.071
202306 16.831 120.690 17.064
202309 17.853 121.280 18.012
202312 17.585 121.540 17.704
202403 18.230 122.360 18.230

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


Huhtamaki Oyj  (OHEL:HUH1V) 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.

Huhtamaki Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.94/14.37
=2.64

* 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 Huhtamaki Oyj was 4.56. The lowest was 2.17. And the median was 3.51.


Be Aware

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


Huhtamaki Oyj Cyclically Adjusted Book per Share Related Terms

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


Huhtamaki Oyj (OHEL:HUH1V) Business Description

Traded in Other Exchanges
Address
Revontulenkuja 1, Espoo, FIN, 02100
Huhtamäki Oyj is a Finland-based company engaged in manufacturing and selling consumer packaging products. The company operates in three segments; Fiber Foodservice Europe, Asia, and Oceania segment offer high-quality paperboard and molded fiber packaging for fresh food and beverages, the North America segment serves retail tableware, food service, and consumer goods packaging markets, and The flexible Packaging segment offer light and flexible packaging materials, pouches and labels for food and beverages, coffee packaging, pet food packaging, barrier packaging, retort pouches and packaging for healthcare products.

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