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Hrvatski Telekom DD (ZAG:HT) Cyclically Adjusted PB Ratio : 1.28 (As of Jun. 03, 2024)


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What is Hrvatski Telekom DD Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Hrvatski Telekom DD's current share price is €30.00. Hrvatski Telekom DD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €23.45. Hrvatski Telekom DD's Cyclically Adjusted PB Ratio for today is 1.28.

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

ZAG:HT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.13   Max: 1.32
Current: 1.28

During the past years, Hrvatski Telekom DD's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 1.01. And the median was 1.13.

ZAG:HT's Cyclically Adjusted PB Ratio is ranked better than
55.56% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.47 vs ZAG:HT: 1.28

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.

Hrvatski Telekom DD's adjusted book value per share data for the three months ended in Dec. 2023 was €21.273. 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 €23.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hrvatski Telekom DD Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hrvatski Telekom DD'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.

Hrvatski Telekom DD Cyclically Adjusted PB Ratio Chart

Hrvatski Telekom DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.14 1.03 1.16

Hrvatski Telekom DD Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.03 1.09 1.08 1.12 1.16

Competitive Comparison of Hrvatski Telekom DD's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Hrvatski Telekom DD'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.


Hrvatski Telekom DD's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hrvatski Telekom DD's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hrvatski Telekom DD 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.

Hrvatski Telekom DD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.00/23.45
=1.28

* 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.

Hrvatski Telekom DD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hrvatski Telekom DD's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21.273/129.4194*129.4194
=21.273

Current CPI (Dec. 2023) = 129.4194.

Hrvatski Telekom DD Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.378 99.695 22.559
201406 16.723 100.560 21.522
201409 17.080 100.428 22.011
201412 17.706 99.070 23.130
201503 17.996 99.621 23.379
201506 17.590 100.684 22.610
201509 17.984 100.392 23.184
201512 18.325 99.792 23.765
201603 18.867 100.470 24.303
201606 18.538 101.688 23.593
201609 19.116 101.861 24.288
201612 19.239 101.863 24.444
201703 19.685 102.862 24.767
201706 19.394 103.349 24.286
201709 19.824 104.136 24.637
201712 20.117 104.011 25.031
201803 20.571 105.290 25.285
201806 20.370 106.317 24.796
201809 20.926 106.507 25.428
201812 21.331 105.998 26.044
201903 21.638 107.251 26.111
201906 20.698 108.070 24.787
201909 21.050 108.329 25.148
201912 21.147 108.420 25.243
202003 20.876 108.902 24.809
202006 21.240 108.767 25.273
202009 20.780 109.815 24.490
202012 20.345 109.897 23.959
202103 20.380 111.754 23.601
202106 19.650 114.631 22.185
202109 20.333 115.734 22.737
202112 20.392 117.630 22.436
202203 20.234 121.301 21.588
202206 19.696 125.017 20.390
202209 19.989 125.227 20.658
202212 20.820 125.222 21.518
202303 21.138 127.348 21.482
202306 20.330 128.729 20.439
202309 20.867 129.860 20.796
202312 21.273 129.419 21.273

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.


Hrvatski Telekom DD  (ZAG:HT) 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.


Hrvatski Telekom DD Cyclically Adjusted PB Ratio Related Terms

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


Hrvatski Telekom DD (ZAG:HT) Business Description

Traded in Other Exchanges
N/A
Address
Radnicka cesta 21, Zagreb, HRV, 10000
Hrvatski Telekom DD is a telecommunications service provider in Croatia that offers fixed and mobile telephony services as well as wholesale, Internet, and data. The company's business segments are the Residential business unit, Business unit, Network, and support functions, Optima Telekom segment, and Crnogorski Telekom segment. The majority of its revenue is derived from the Residential business unit segment that includes marketing, sales, and customer services, focused on providing mobile, fixed-line telecommunications, electricity, and TV distribution and services to residential customers.