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Hudson Global (FRA:HDH1) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 09, 2024)


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What is Hudson Global Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Hudson Global's current share price is €13.60. Hudson Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.45. Hudson Global's Cyclically Adjusted PB Ratio for today is 0.83.

The historical rank and industry rank for Hudson Global's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:HDH1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.62   Max: 2.02
Current: 0.86

During the past years, Hudson Global's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 0.27. And the median was 0.62.

FRA:HDH1's Cyclically Adjusted PB Ratio is ranked better than
70.53% of 682 companies
in the Business Services industry
Industry Median: 1.59 vs FRA:HDH1: 0.86

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.

Hudson Global's adjusted book value per share data for the three months ended in Mar. 2024 was €14.387. 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 €16.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudson Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hudson Global'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.

Hudson Global Cyclically Adjusted PB Ratio Chart

Hudson Global 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 0.52 0.50 1.44 1.20 0.88

Hudson Global 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 1.20 1.17 1.04 0.88 1.00

Competitive Comparison of Hudson Global's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Hudson Global'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.


Hudson Global's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hudson Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hudson Global 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.

Hudson Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.60/16.45
=0.83

* 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.

Hudson Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hudson Global'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)
=14.387/131.7762*131.7762
=14.387

Current CPI (Mar. 2024) = 131.7762.

Hudson Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.298 100.560 20.047
201409 13.660 100.428 17.924
201412 14.327 99.070 19.057
201503 13.685 99.621 18.102
201506 17.633 100.684 23.078
201509 16.512 100.392 21.674
201512 16.226 99.792 21.426
201603 14.694 100.470 19.273
201606 12.910 101.688 16.730
201609 12.367 101.861 15.999
201612 12.500 101.863 16.171
201703 12.405 102.862 15.892
201706 12.648 103.349 16.127
201709 12.016 104.136 15.205
201712 11.702 104.011 14.826
201803 11.295 105.290 14.136
201806 11.195 106.317 13.876
201809 11.047 106.507 13.668
201812 11.154 105.998 13.867
201903 10.484 107.251 12.881
201906 10.167 108.070 12.397
201909 10.490 108.329 12.760
201912 11.046 108.420 13.426
202003 11.010 108.902 13.323
202006 10.713 108.767 12.979
202009 10.137 109.815 12.164
202012 10.495 109.897 12.584
202103 10.672 111.754 12.584
202106 10.738 114.631 12.344
202109 11.471 115.734 13.061
202112 12.852 117.630 14.398
202203 13.852 121.301 15.048
202206 15.141 125.017 15.960
202209 16.055 125.227 16.895
202212 15.472 125.222 16.282
202303 15.345 127.348 15.879
202306 15.264 128.729 15.625
202309 15.523 129.860 15.752
202312 15.862 129.419 16.151
202403 14.387 131.776 14.387

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.


Hudson Global  (FRA:HDH1) 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.


Hudson Global Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Hudson Global's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hudson Global (FRA:HDH1) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Suite 102, Old Greenwich, CT, USA, 06870
Hudson Global Inc provides specialized recruitment and related talent solutions. Its core services include Permanent recruitment, Contracting, Recruitment process outsourcing (RPO) and Talent management solutions. Its Permanent recruitment services leverage the company's consultants. In contracting services, it offers project management, interim management, and professional contract staffing services. RPO services deliver permanent and contracting outsourced recruitment solutions to various companies whereas, Talent management solutions feature services like talent assessment, interview training, executive coaching, employee development and outplacement.

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