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Hawkins (STU:HWK) Cyclically Adjusted Book per Share : €13.08 (As of Mar. 2024)


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What is Hawkins 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.

Hawkins's adjusted book value per share for the three months ended in Mar. 2024 was €17.967. 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 €13.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hawkins's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Hawkins was 10.90% per year. The lowest was 5.90% per year. And the median was 7.90% per year.

As of today (2024-06-07), Hawkins's current stock price is €80.00. Hawkins's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.08. Hawkins's Cyclically Adjusted PB Ratio of today is 6.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hawkins was 6.28. The lowest was 1.59. And the median was 3.00.


Hawkins Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hawkins'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.

Hawkins Cyclically Adjusted Book per Share Chart

Hawkins Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.61 10.85 11.90 13.08

Hawkins 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 11.90 12.15 13.10 12.53 13.08

Competitive Comparison of Hawkins's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hawkins 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, Hawkins'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)
=17.967/131.7762*131.7762
=17.967

Current CPI (Mar. 2024) = 131.7762.

Hawkins Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.534 100.560 8.562
201409 6.984 100.428 9.164
201412 7.440 99.070 9.896
201503 8.482 99.621 11.220
201506 8.444 100.684 11.052
201509 8.438 100.392 11.076
201512 8.747 99.792 11.550
201603 8.584 100.470 11.259
201606 8.859 101.688 11.480
201609 8.997 101.861 11.639
201612 9.776 101.863 12.647
201703 9.623 102.862 12.328
201706 9.433 103.349 12.028
201709 8.923 104.136 11.291
201712 9.668 104.011 12.249
201803 7.714 105.290 9.655
201806 8.514 106.317 10.553
201809 8.738 106.507 10.811
201812 9.003 105.998 11.192
201903 9.101 107.251 11.182
201906 9.358 108.070 11.411
201909 9.877 108.329 12.015
201912 9.908 108.420 12.042
202003 10.050 108.902 12.161
202006 10.278 108.767 12.452
202009 10.250 109.815 12.300
202012 10.093 109.897 12.102
202103 10.625 111.754 12.529
202106 10.905 114.631 12.536
202109 11.569 115.734 13.173
202112 12.376 117.630 13.864
202203 13.153 121.301 14.289
202206 14.243 125.017 15.013
202209 16.079 125.227 16.920
202212 15.446 125.222 16.254
202303 15.679 127.348 16.224
202306 16.351 128.729 16.738
202309 17.248 129.860 17.503
202312 17.367 129.419 17.683
202403 17.967 131.776 17.967

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


Hawkins  (STU:HWK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=80.00/13.08
=6.12

* 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 Hawkins was 6.28. The lowest was 1.59. And the median was 3.00.


Be Aware

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


Hawkins Cyclically Adjusted Book per Share Related Terms

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


Hawkins (STU:HWK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hawkins Inc (STU:HWK) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.

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