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Hudson City Bancorp (Hudson City Bancorp) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2015)


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What is Hudson City Bancorp Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 City Bancorp's adjusted book value per share for the three months ended in Jun. 2015 was $9.106. 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 $0.00 for the trailing ten years ended in Jun. 2015.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-05), Hudson City Bancorp's current stock price is $10.12. Hudson City Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 was $0.00. Hudson City Bancorp's Cyclically Adjusted PB Ratio of today is .


Hudson City Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hudson City Bancorp's Cyclically Adjusted Book per Share 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 City Bancorp Cyclically Adjusted Book per Share Chart

Hudson City Bancorp Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Book per Share
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Hudson City Bancorp Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Hudson City Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Hudson City Bancorp'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 City Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Hudson City Bancorp Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hudson City Bancorp's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book= Book Value per Share /CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=9.106/100.6839*100.6839
=9.106

Current CPI (Jun. 2015) = 100.6839.

Hudson City Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200509 8.850 83.876 10.623
200512 8.832 83.032 10.710
200603 8.796 84.298 10.506
200606 8.747 85.606 10.288
200609 8.842 85.606 10.399
200612 8.839 85.142 10.453
200703 8.874 86.640 10.312
200706 8.796 87.906 10.075
200709 8.819 87.964 10.094
200712 8.892 88.616 10.103
200803 9.078 90.090 10.146
200806 9.066 92.320 9.887
200809 9.189 92.307 10.023
200812 9.455 88.697 10.733
200903 9.689 89.744 10.870
200906 9.830 91.003 10.876
200909 10.041 91.120 11.095
200912 10.141 91.111 11.206
201003 10.247 91.821 11.236
201006 10.526 91.962 11.524
201009 10.677 92.162 11.664
201012 10.461 92.474 11.390
201103 8.978 94.283 9.588
201106 9.280 95.235 9.811
201109 9.439 95.727 9.928
201112 8.644 95.213 9.141
201203 8.743 96.783 9.095
201206 8.830 96.819 9.182
201209 8.921 97.633 9.200
201212 8.898 96.871 9.248
201303 8.916 98.209 9.141
201306 8.820 98.518 9.014
201309 8.874 98.790 9.044
201312 8.975 98.326 9.190
201403 9.051 99.695 9.141
201406 9.102 100.560 9.113
201409 9.107 100.428 9.130
201412 9.040 99.070 9.187
201503 9.038 99.621 9.134
201506 9.106 100.684 9.106

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Hudson City Bancorp  (NAS:HCBK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Hudson City Bancorp Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Hudson City Bancorp's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hudson City Bancorp (Hudson City Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hudson City Bancorp Inc is a Delaware corporation organized in 1999. It serves as the holding company of its only subsidiary, Hudson City Savings Bank. The asset of Hudson City Bancorp is its investment in Hudson City Savings Bank. The Company is a community and consumer-oriented retail savings bank offering traditional deposit products, residential real estate mortgage loans and consumer loans. The Company conducts its operations out of its corporate offices in Paramus in Bergen County, New Jersey and through 135 branches in the New York metropolitan area. It operates 97 branches located in 17 counties throughout the State of New Jersey. In New York State, it operates 10 branch offices in Westchester County, 12 branch offices in Suffolk County, 1 branch office each in Putnam and Rockland Counties and 5 branch offices in Richmond County "Staten Island". It also operates 9 branch offices in Fairfield County, Connecticut. The Company's traditional consumer products are conforming one- to four-family residential mortgages, time deposits, checking and savings accounts appeal to a broad customer base. In addition, it purchases mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises as well as other investments permitted by applicable laws and regulations. The Company faces intense competition both in making loans and attracting deposits in the market areas it serve. It competes with loans comes from commercial banks, savings institutions, mortgage banking firms, credit unions, finance companies, insurance companies and brokerage firms. The Company's loans are subject to federal and state laws and regulations.
Executives
Denis J Salamone director, officer: Chairman and CEO C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Francesco S Rossi officer: First Vice President 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Golding Cornelius E director WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Scott A Belair director 1809 WALNUT STREET, PHILADELLPHIA PA 19103
William G Bardel director C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Tracey A Dedrick officer: Executive Vice President C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Anthony J Fabiano director, officer: President and COO 99 PARK AVENUE, NEW YORK NY 10016
Mcintyre Kenneth A Jr officer: Senior Vice President C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
William John Cosgrove director 20 BUTTONWOOD PLACE, UPPER SADDLE RIVER NJ 07458

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