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Hasbro (STU:HAS) Cyclically Adjusted Book per Share : €17.50 (As of Mar. 2024)


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What is Hasbro 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.

Hasbro's adjusted book value per share for the three months ended in Mar. 2024 was €6.677. 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 €17.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hasbro's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hasbro was 9.80% per year. The lowest was 0.20% per year. And the median was 3.70% per year.

As of today (2024-05-22), Hasbro's current stock price is €56.69. Hasbro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.50. Hasbro's Cyclically Adjusted PB Ratio of today is 3.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hasbro was 9.39. The lowest was 2.25. And the median was 6.18.


Hasbro Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hasbro'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.

Hasbro Cyclically Adjusted Book per Share Chart

Hasbro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.29 11.80 14.18 16.76 16.90

Hasbro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 17.21 17.28 17.99 16.90 17.50

Competitive Comparison of Hasbro's Cyclically Adjusted Book per Share

For the Leisure subindustry, Hasbro'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.


Hasbro's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hasbro 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, Hasbro'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)
=6.677/131.7762*131.7762
=6.677

Current CPI (Mar. 2024) = 131.7762.

Hasbro Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.354 100.560 10.947
201409 9.218 100.428 12.095
201412 9.545 99.070 12.696
201503 10.722 99.621 14.183
201506 10.189 100.684 13.335
201509 11.023 100.392 14.469
201512 12.240 99.792 16.163
201603 11.560 100.470 15.162
201606 11.440 101.688 14.825
201609 12.421 101.861 16.069
201612 14.185 101.863 18.351
201703 13.849 102.862 17.742
201706 13.039 103.349 16.625
201709 13.177 104.136 16.675
201712 12.425 104.011 15.742
201803 10.196 105.290 12.761
201806 11.878 106.317 14.722
201809 12.764 106.507 15.792
201812 12.227 105.998 15.201
201903 11.634 107.251 14.294
201906 12.032 108.070 14.671
201909 13.240 108.329 16.106
201912 19.698 108.420 23.941
202003 18.028 108.902 21.815
202006 16.876 108.767 20.446
202009 17.185 109.815 20.622
202012 17.341 109.897 20.793
202103 17.827 111.754 21.021
202106 17.186 114.631 19.756
202109 18.602 115.734 21.180
202112 19.374 117.630 21.704
202203 19.835 121.301 21.548
202206 20.440 125.017 21.545
202209 21.764 125.227 22.902
202212 19.353 125.222 20.366
202303 18.402 127.348 19.042
202306 16.255 128.729 16.640
202309 14.843 129.860 15.062
202312 7.016 129.419 7.144
202403 6.677 131.776 6.677

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


Hasbro  (STU:HAS) 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.

Hasbro's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56.69/17.5
=3.24

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hasbro was 9.39. The lowest was 2.25. And the median was 6.18.


Be Aware

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


Hasbro Cyclically Adjusted Book per Share Related Terms

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


Hasbro (STU:HAS) Business Description

Industry
Address
1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.

Hasbro (STU:HAS) Headlines