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Hudson Global (Hudson Global) Cyclically Adjusted PB Ratio : 0.95 (As of May. 14, 2024)


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What is Hudson Global Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Hudson Global's current share price is $16.50. Hudson Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.39. Hudson Global's Cyclically Adjusted PB Ratio for today is 0.95.

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

HSON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.61   Max: 2.02
Current: 0.95

During the past years, Hudson Global's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 0.27. And the median was 0.61.

HSON's Cyclically Adjusted PB Ratio is ranked better than
68.24% of 658 companies
in the Business Services industry
Industry Median: 1.56 vs HSON: 0.95

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 $15.638. 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 $17.39 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 1.02

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
=16.50/17.39
=0.95

* 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)
=15.638/129.4194*129.4194
=15.638

Current CPI (Mar. 2024) = 129.4194.

Hudson Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.786 100.560 26.751
201409 17.602 100.428 22.683
201412 17.667 99.070 23.079
201503 14.811 99.621 19.241
201506 19.790 100.684 25.438
201509 18.532 100.392 23.890
201512 17.675 99.792 22.922
201603 16.363 100.470 21.078
201606 14.506 101.688 18.462
201609 13.880 101.861 17.635
201612 13.186 101.863 16.753
201703 13.268 102.862 16.694
201706 14.211 103.349 17.796
201709 14.321 104.136 17.798
201712 13.849 104.011 17.232
201803 13.927 105.290 17.119
201806 13.079 106.317 15.921
201809 12.891 106.507 15.664
201812 12.690 105.998 15.494
201903 11.847 107.251 14.296
201906 11.488 108.070 13.758
201909 11.552 108.329 13.801
201912 12.273 108.420 14.650
202003 12.166 108.902 14.458
202006 12.064 108.767 14.355
202009 11.940 109.815 14.072
202012 12.767 109.897 15.035
202103 12.705 111.754 14.713
202106 12.938 114.631 14.607
202109 13.495 115.734 15.091
202112 14.522 117.630 15.978
202203 15.256 121.301 16.277
202206 16.006 125.017 16.570
202209 15.896 125.227 16.428
202212 16.389 125.222 16.938
202303 16.429 127.348 16.696
202306 16.537 128.729 16.626
202309 16.567 129.860 16.511
202312 17.297 129.419 17.297
202403 15.638 129.419 15.638

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  (NAS:HSON) 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 (Hudson Global) 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.
Executives
Robert G. Pearse director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew K Diamond officer: VP of Finance 53 FOREST AVENUE, OLD GREENWICH CT 06870
Hudson Global, Inc. officer: CFO and CAO 53 FOREST AVENUE, OLD GREENWICH CT 06870
Patrick M. Lyons officer: CFO and CAO HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Nelson Connia M director C/O HUDSON GLOBAL, INC., 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mimi K Drake director C/O HUDSON GLOBAL, INC., 53 FOREST AVENUE, OLD GREENWICH CT 06870
Alan Lee Bazaar director 9 BEDFORD ROAD, KATONAH NY 10536
Coleman Richard Kenneth Jr. director 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ian V. Nash director HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Sagard Capital Partners, L.p. 10 percent owner 280 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10017
David F. Kirby officer: VP, Finance and Treasury HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Arthur Curcuru officer: Senior VP, Finance HUDSON GLOBAL, INC., 560 LEXINGTON AVENUE, NEW YORK NY 10022
Vi Capital Fund, Lp other: Member of 10% owner group PO BOX 402, NEWMAN LAKE WA 99025
David William Pointer other: Member of 10% owner group PO BOX 402, NEWMAN LAKE WA 99025

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