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Hilltop Holdings (FRA:WXF) Cyclically Adjusted PB Ratio : 1.09 (As of Jun. 01, 2024)


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What is Hilltop Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Hilltop Holdings's current share price is €27.80. Hilltop Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €25.48. Hilltop Holdings's Cyclically Adjusted PB Ratio for today is 1.09.

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

FRA:WXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.48   Max: 2.18
Current: 1.1

During the past years, Hilltop Holdings's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.77. And the median was 1.48.

FRA:WXF's Cyclically Adjusted PB Ratio is ranked worse than
63.26% of 1195 companies
in the Banks industry
Industry Median: 0.91 vs FRA:WXF: 1.10

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.

Hilltop Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was €30.051. 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 €25.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilltop Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hilltop Holdings'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.

Hilltop Holdings Cyclically Adjusted PB Ratio Chart

Hilltop Holdings 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 1.45 1.48 1.62 1.22 1.30

Hilltop Holdings 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 1.16 1.20 1.06 1.30 1.12

Competitive Comparison of Hilltop Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Hilltop Holdings'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.


Hilltop Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hilltop Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hilltop Holdings 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.

Hilltop Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.80/25.48
=1.09

* 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.

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

For example, Hilltop Holdings'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)
=30.051/131.7762*131.7762
=30.051

Current CPI (Mar. 2024) = 131.7762.

Hilltop Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.466 100.560 13.715
201409 11.263 100.428 14.779
201412 12.108 99.070 16.105
201503 15.363 99.621 20.322
201506 14.984 100.684 19.611
201509 15.458 100.392 20.291
201512 16.123 99.792 21.290
201603 16.019 100.470 21.010
201606 16.197 101.688 20.989
201609 16.689 101.861 21.590
201612 17.994 101.863 23.278
201703 17.919 102.862 22.956
201706 17.463 103.349 22.266
201709 16.676 104.136 21.102
201712 16.833 104.011 21.326
201803 16.237 105.290 20.322
201806 17.302 106.317 21.445
201809 17.578 106.507 21.749
201812 18.306 105.998 22.758
201903 18.786 107.251 23.082
201906 19.339 108.070 23.581
201909 20.621 108.329 25.084
201912 20.882 108.420 25.380
202003 21.460 108.902 25.968
202006 22.267 108.767 26.977
202009 22.687 109.815 27.224
202012 23.244 109.897 27.872
202103 24.703 111.754 29.129
202106 25.265 114.631 29.044
202109 26.658 115.734 30.353
202112 28.275 117.630 31.675
202203 28.163 121.301 30.595
202206 29.732 125.017 31.340
202209 31.771 125.227 33.433
202212 29.727 125.222 31.283
202303 29.543 127.348 30.570
202306 29.271 128.729 29.964
202309 29.900 129.860 30.341
202312 29.880 129.419 30.424
202403 30.051 131.776 30.051

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.


Hilltop Holdings  (FRA:WXF) 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.


Hilltop Holdings Cyclically Adjusted PB Ratio Related Terms

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


Hilltop Holdings (FRA:WXF) Business Description

Traded in Other Exchanges
Address
6565 Hillcrest Avenue, Dallas, TX, USA, 75205
Hilltop Holdings Inc is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices throughout Texas through PlainsCapital Bank. Hilltop's broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc. provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. Its business units are comprised of three reportable business segments such as banking, broker-dealer, and mortgage origination. The company generates revenue from banking activities. Hilltop operated around 410 locations in 47 states.

Hilltop Holdings (FRA:WXF) Headlines

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