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Obrascon Huarte Lain (STU:HUA) Cyclically Adjusted PB Ratio : 0.05 (As of Jun. 10, 2024)


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What is Obrascon Huarte Lain Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Obrascon Huarte Lain's current share price is €0.3872. Obrascon Huarte Lain's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €8.12. Obrascon Huarte Lain's Cyclically Adjusted PB Ratio for today is 0.05.

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

STU:HUA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.16
Current: 0.05

During the past years, Obrascon Huarte Lain's highest Cyclically Adjusted PB Ratio was 0.16. The lowest was 0.04. And the median was 0.06.

STU:HUA's Cyclically Adjusted PB Ratio is ranked better than
98.66% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs STU:HUA: 0.05

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.

Obrascon Huarte Lain's adjusted book value per share data for the three months ended in Sep. 2023 was €0.956. 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 €8.12 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Obrascon Huarte Lain Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Obrascon Huarte Lain'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.

Obrascon Huarte Lain Cyclically Adjusted PB Ratio Chart

Obrascon Huarte Lain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.10 0.06 0.11 0.05

Obrascon Huarte Lain Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.06 0.05 0.06 0.06 0.05

Competitive Comparison of Obrascon Huarte Lain's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Obrascon Huarte Lain'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.


Obrascon Huarte Lain's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Obrascon Huarte Lain's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Obrascon Huarte Lain's Cyclically Adjusted PB Ratio falls into.



Obrascon Huarte Lain 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.

Obrascon Huarte Lain's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3872/8.12
=0.05

* 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.

Obrascon Huarte Lain's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Obrascon Huarte Lain's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.956/121.3426*121.3426
=0.956

Current CPI (Sep. 2023) = 121.3426.

Obrascon Huarte Lain Quarterly Data

Book Value per Share CPI Adj_Book
201312 12.042 101.306 14.424
201403 12.172 100.139 14.749
201406 11.762 101.081 14.120
201409 12.563 100.441 15.177
201412 11.310 100.251 13.689
201503 12.582 99.474 15.348
201506 11.890 101.138 14.265
201509 10.988 99.559 13.392
201512 9.069 100.268 10.975
201603 9.134 98.638 11.237
201606 8.890 100.333 10.752
201609 8.703 99.737 10.588
201612 7.558 101.842 9.005
201703 72.969 100.896 87.756
201706 7.702 101.848 9.176
201709 7.225 101.524 8.635
201712 6.725 102.975 7.925
201803 5.260 102.122 6.250
201806 4.441 104.165 5.173
201809 2.752 103.818 3.217
201812 2.439 104.193 2.840
201903 2.409 103.488 2.825
201906 2.345 104.612 2.720
201909 2.344 103.905 2.737
201912 1.948 105.015 2.251
202003 1.900 103.469 2.228
202006 1.780 104.254 2.072
202009 1.531 103.521 1.795
202012 1.440 104.456 1.673
202103 1.403 104.857 1.624
202106 1.158 107.102 1.312
202109 1.128 107.669 1.271
202112 1.057 111.298 1.152
202203 1.068 115.153 1.125
202206 1.016 118.044 1.044
202209 1.018 117.221 1.054
202212 0.946 117.650 0.976
202303 0.934 118.948 0.953
202306 0.940 120.278 0.948
202309 0.956 121.343 0.956

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.


Obrascon Huarte Lain  (STU:HUA) 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.


Obrascon Huarte Lain Cyclically Adjusted PB Ratio Related Terms

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


Obrascon Huarte Lain (STU:HUA) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 259 D, Torrespacio, Madrid, ESP, D-28046
Obrascon Huarte Lain SA is engaged in providing all manner of civil engineering and building construction works for public and private customers. Its object also includes the provision of public and private services, the operation of service concession arrangements and hotel complexes, real estate development and the sale of properties.

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