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Hawkins (STU:HWK) Cyclically Adjusted PB Ratio : 6.12 (As of Jun. 07, 2024)


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What is Hawkins Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Hawkins's current share price is €80.00. Hawkins's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.08. Hawkins's Cyclically Adjusted PB Ratio for today is 6.12.

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

STU:HWK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 3   Max: 6.28
Current: 6.14

During the past years, Hawkins's highest Cyclically Adjusted PB Ratio was 6.28. The lowest was 1.59. And the median was 3.00.

STU:HWK's Cyclically Adjusted PB Ratio is ranked worse than
88.88% of 1196 companies
in the Chemicals industry
Industry Median: 1.695 vs STU:HWK: 6.14

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.

Hawkins's adjusted book value per share data for the three months ended in Mar. 2024 was €17.967. 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 €13.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hawkins Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hawkins'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.

Hawkins Cyclically Adjusted PB Ratio Chart

Hawkins Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 3.21 3.87 3.36 5.39

Hawkins 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 3.36 3.57 4.31 5.11 5.39

Competitive Comparison of Hawkins's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hawkins 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.

Hawkins's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.00/13.08
=6.12

* 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.

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

For example, Hawkins'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)
=17.967/131.7762*131.7762
=17.967

Current CPI (Mar. 2024) = 131.7762.

Hawkins Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.534 100.560 8.562
201409 6.984 100.428 9.164
201412 7.440 99.070 9.896
201503 8.482 99.621 11.220
201506 8.444 100.684 11.052
201509 8.438 100.392 11.076
201512 8.747 99.792 11.550
201603 8.584 100.470 11.259
201606 8.859 101.688 11.480
201609 8.997 101.861 11.639
201612 9.776 101.863 12.647
201703 9.623 102.862 12.328
201706 9.433 103.349 12.028
201709 8.923 104.136 11.291
201712 9.668 104.011 12.249
201803 7.714 105.290 9.655
201806 8.514 106.317 10.553
201809 8.738 106.507 10.811
201812 9.003 105.998 11.192
201903 9.101 107.251 11.182
201906 9.358 108.070 11.411
201909 9.877 108.329 12.015
201912 9.908 108.420 12.042
202003 10.050 108.902 12.161
202006 10.278 108.767 12.452
202009 10.250 109.815 12.300
202012 10.093 109.897 12.102
202103 10.625 111.754 12.529
202106 10.905 114.631 12.536
202109 11.569 115.734 13.173
202112 12.376 117.630 13.864
202203 13.153 121.301 14.289
202206 14.243 125.017 15.013
202209 16.079 125.227 16.920
202212 15.446 125.222 16.254
202303 15.679 127.348 16.224
202306 16.351 128.729 16.738
202309 17.248 129.860 17.503
202312 17.367 129.419 17.683
202403 17.967 131.776 17.967

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.


Hawkins  (STU:HWK) 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.


Hawkins Cyclically Adjusted PB Ratio Related Terms

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


Hawkins (STU:HWK) Business Description

Industry
Traded in Other Exchanges
Address
2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.

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