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HORNBACH Holding AG and Co KGaA (LTS:0RC9) Cyclically Adjusted PB Ratio : 0.77 (As of May. 31, 2024)


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What is HORNBACH Holding AG and Co KGaA Cyclically Adjusted PB Ratio?

As of today (2024-05-31), HORNBACH Holding AG and Co KGaA's current share price is €77.50. HORNBACH Holding AG and Co KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €100.50. HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio for today is 0.77.

The historical rank and industry rank for HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0RC9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.84   Max: 1.71
Current: 0.78

During the past years, HORNBACH Holding AG and Co KGaA's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.49. And the median was 0.84.

LTS:0RC9's Cyclically Adjusted PB Ratio is ranked better than
64.86% of 740 companies
in the Retail - Cyclical industry
Industry Median: 1.165 vs LTS:0RC9: 0.78

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.

HORNBACH Holding AG and Co KGaA's adjusted book value per share data for the three months ended in Feb. 2024 was €115.565. 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 €100.50 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HORNBACH Holding AG and Co KGaA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HORNBACH Holding AG and Co KGaA'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.

HORNBACH Holding AG and Co KGaA Cyclically Adjusted PB Ratio Chart

HORNBACH Holding AG and Co KGaA Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.04 1.43 0.84 0.69

HORNBACH Holding AG and Co KGaA Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.84 0.70 0.74 0.60 0.69

Competitive Comparison of HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, HORNBACH Holding AG and Co KGaA'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.


HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio falls into.



HORNBACH Holding AG and Co KGaA 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.

HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.50/100.5
=0.77

* 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.

HORNBACH Holding AG and Co KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, HORNBACH Holding AG and Co KGaA's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=115.565/124.5109*124.5109
=115.565

Current CPI (Feb. 2024) = 124.5109.

HORNBACH Holding AG and Co KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201405 62.775 99.263 78.742
201408 64.081 99.823 79.930
201411 64.988 99.543 81.289
201502 65.068 99.217 81.657
201505 67.750 100.417 84.006
201508 69.400 100.617 85.881
201511 70.081 99.717 87.506
201602 69.017 99.317 86.525
201605 71.413 100.617 88.372
201608 72.381 101.017 89.215
201611 73.506 100.517 91.052
201702 72.488 101.217 89.170
201705 75.638 101.817 92.497
201708 76.969 102.617 93.391
201711 77.852 102.117 94.925
201802 76.074 102.317 92.575
201805 78.722 103.917 94.323
201808 80.217 104.517 95.562
201811 80.873 104.217 96.621
201902 78.544 103.817 94.200
201905 81.648 105.418 96.436
201908 83.479 106.018 98.041
201911 85.077 105.318 100.582
202002 83.908 105.618 98.918
202005 89.661 106.018 105.301
202008 93.987 106.018 110.382
202011 95.962 105.018 113.775
202102 92.590 107.018 107.725
202105 98.853 108.170 113.787
202108 102.426 109.118 116.874
202111 104.633 110.173 118.250
202202 101.895 111.754 113.526
202205 108.639 115.760 116.851
202208 112.273 116.709 119.778
202211 113.993 119.872 118.404
202302 111.008 121.454 113.802
202305 114.962 122.824 116.541
202308 115.904 123.878 116.496
202311 117.805 123.668 118.608
202402 115.565 124.511 115.565

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.


HORNBACH Holding AG and Co KGaA  (LTS:0RC9) 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.


HORNBACH Holding AG and Co KGaA Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HORNBACH Holding AG and Co KGaA (LTS:0RC9) Business Description

Traded in Other Exchanges
Address
Le Quartier Hornbach 19, Neustadt an der Weinstrasse, DEU, 67433
HORNBACH Holding AG and Co KGaA and its subsidiaries are involved in the business of Retail and Real estate segments. The company's operating segment include HORNBACH Baumarkt subgroup; HORNBACH Baustoff Union GmbH subgroup and HORNBACH Immobilien AG subgroup. It generates maximum revenue from the HORNBACH Baumarkt subgroup segment. Geographically, it derives a majority of revenue from Germany. Products are structured in the following divisions: Hardware/Electrical, Paint/Wallpaper/Flooring, Construction Materials/Timber/Prefabricated Components, Sanitary/Tiles, and Garden.

HORNBACH Holding AG and Co KGaA (LTS:0RC9) Headlines

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