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Empresas Hites (XSGO:HITES) Cyclically Adjusted Book per Share : CLP453.09 (As of Mar. 2024)


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What is Empresas Hites 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.

Empresas Hites's adjusted book value per share for the three months ended in Mar. 2024 was CLP296.509. 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 CLP453.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Empresas Hites's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Empresas Hites was 6.60% per year. The lowest was 6.60% per year. And the median was 6.60% per year.

As of today (2024-06-08), Empresas Hites's current stock price is CLP98.32. Empresas Hites's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP453.09. Empresas Hites's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empresas Hites was 0.47. The lowest was 0.17. And the median was 0.23.


Empresas Hites Cyclically Adjusted Book per Share Historical Data

The historical data trend for Empresas Hites'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.

Empresas Hites Cyclically Adjusted Book per Share Chart

Empresas Hites 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 - 378.12 401.89 451.83 457.91

Empresas Hites 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 458.41 457.42 459.26 457.91 453.09

Competitive Comparison of Empresas Hites's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Empresas Hites'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.


Empresas Hites's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Empresas Hites's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Empresas Hites 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, Empresas Hites'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)
=296.509/146.1089*146.1089
=296.509

Current CPI (Mar. 2024) = 146.1089.

Empresas Hites Quarterly Data

Book Value per Share CPI Adj_Book
201406 313.649 95.543 479.648
201409 330.758 96.883 498.815
201412 341.870 97.515 512.232
201503 339.280 98.539 503.068
201506 346.173 99.770 506.954
201509 346.581 101.383 499.479
201512 358.426 101.775 514.558
201603 360.557 102.930 511.810
201606 360.649 103.965 506.843
201609 365.122 104.521 510.402
201612 380.175 104.532 531.389
201703 384.837 105.752 531.698
201706 382.322 105.730 528.332
201709 381.722 106.035 525.986
201712 397.035 106.907 542.625
201803 359.778 107.670 488.223
201806 356.664 108.421 480.642
201809 357.318 109.369 477.350
201812 364.741 109.653 486.007
201903 342.461 110.339 453.481
201906 337.930 111.352 443.409
201909 339.146 111.821 443.140
201912 344.827 112.943 446.086
202003 335.952 114.468 428.814
202006 301.909 114.283 385.985
202009 294.576 115.275 373.371
202012 309.928 116.299 389.370
202103 317.600 117.770 394.025
202106 342.273 118.630 421.554
202109 352.880 121.431 424.596
202112 387.313 124.634 454.049
202203 392.046 128.850 444.557
202206 396.021 133.448 433.593
202209 389.224 138.101 411.794
202212 395.824 140.574 411.409
202303 379.864 143.145 387.728
202306 376.379 143.538 383.121
202309 338.963 145.172 341.151
202312 319.672 146.109 319.672
202403 296.509 146.109 296.509

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


Empresas Hites  (XSGO:HITES) 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.

Empresas Hites's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=98.32/453.09
=0.22

* 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 Empresas Hites was 0.47. The lowest was 0.17. And the median was 0.23.


Be Aware

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


Empresas Hites Cyclically Adjusted Book per Share Related Terms

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


Empresas Hites (XSGO:HITES) Business Description

Traded in Other Exchanges
N/A
Address
Moneda 970, Piso 4, Santiago, CHL
Empresas Hites SA is a Chile based firm. It owns and manages a network of stores and department stores that offers products such as women, men and children apparel, toys, computers & electronics, technology, furniture, home related products and among others. It also offers sales financing and portfolio management services.

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