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H+H International A/S (CHIX:HHC) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 01, 2024)


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What is H+H International A/S Cyclically Adjusted PB Ratio?

As of today (2024-06-01), H+H International A/S's current share price is kr105.60. H+H International A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr98.53. H+H International A/S's Cyclically Adjusted PB Ratio for today is 1.07.

The historical rank and industry rank for H+H International A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:HHc' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 2.15   Max: 6.12
Current: 1.62

During the past years, H+H International A/S's highest Cyclically Adjusted PB Ratio was 6.12. The lowest was 1.03. And the median was 2.15.

CHIX:HHc's Cyclically Adjusted PB Ratio is ranked worse than
65.92% of 311 companies
in the Building Materials industry
Industry Median: 1.09 vs CHIX:HHc: 1.62

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.

H+H International A/S's adjusted book value per share data for the three months ended in Mar. 2024 was kr90.281. 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 kr98.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


H+H International A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for H+H International A/S's Cyclically Adjusted PB Ratio 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.

H+H International A/S Cyclically Adjusted PB Ratio Chart

H+H International A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 3.23 5.06 1.86 1.42

H+H International A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.86 1.38 1.16 1.42 1.07

Competitive Comparison of H+H International A/S's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, H+H International A/S'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.


H+H International A/S's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, H+H International A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where H+H International A/S's Cyclically Adjusted PB Ratio falls into.



H+H International A/S Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

H+H International A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.60/98.53
=1.07

* 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.

H+H International A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, H+H International A/S'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)
=90.281/118.4000*118.4000
=90.281

Current CPI (Mar. 2024) = 118.4000.

H+H International A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.779 99.700 25.864
201409 20.905 99.700 24.826
201412 12.966 99.400 15.444
201503 18.418 100.200 21.763
201506 18.931 100.300 22.347
201509 16.234 100.200 19.183
201512 19.836 99.800 23.533
201603 20.170 100.200 23.834
201606 21.920 100.600 25.798
201609 18.154 100.200 21.451
201612 21.677 100.300 25.589
201703 25.114 101.200 29.382
201706 26.817 101.200 31.375
201709 27.695 101.800 32.211
201712 29.403 101.300 34.366
201803 20.636 101.700 24.025
201806 51.645 102.300 59.773
201809 54.383 102.400 62.880
201812 55.943 102.100 64.874
201903 58.516 102.900 67.330
201906 64.055 102.900 73.704
201909 68.463 102.900 78.776
201912 74.616 102.900 85.856
202003 77.356 103.300 88.664
202006 78.145 103.200 89.655
202009 77.866 103.500 89.076
202012 80.401 103.400 92.065
202103 83.135 104.300 94.374
202106 89.424 105.000 100.836
202109 92.670 105.800 103.706
202112 97.712 106.600 108.528
202203 97.863 109.900 105.432
202206 103.939 113.600 108.331
202209 106.611 116.400 108.443
202212 113.136 115.900 115.576
202303 111.046 117.300 112.087
202306 103.917 116.400 105.703
202309 102.196 117.400 103.066
202312 97.442 116.700 98.861
202403 90.281 118.400 90.281

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


H+H International A/S  (CHIX:HHc) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


H+H International A/S Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of H+H International A/S's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


H+H International A/S (CHIX:HHC) Business Description

Traded in Other Exchanges
Address
Lautrupsgade 7, 5th Floor, Copenhagen, DNK, 2100
H+H International A/S is a wall building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The products are building blocks used for wall building the residential new building segment. The product range also includes products such as high-insulating blocks, larger elements and a range of traded goods used for wall building.

H+H International A/S (CHIX:HHC) Headlines

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