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Ebara (EBCOF) Cyclically Adjusted Book per Share : $21.51 (As of Dec. 2023)


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What is Ebara 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.

Ebara's adjusted book value per share for the three months ended in Dec. 2023 was $30.835. 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 $21.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ebara's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 Ebara was 8.90% per year. The lowest was 5.30% per year. And the median was 6.60% per year.

As of today (2024-05-02), Ebara's current stock price is $85.75. Ebara's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.51. Ebara's Cyclically Adjusted PB Ratio of today is 3.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ebara was 4.46. The lowest was 0.79. And the median was 1.67.


Ebara Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ebara'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.

Ebara Cyclically Adjusted Book per Share Chart

Ebara Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.53 16.95 23.45 22.13 21.51

Ebara Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.13 22.25 19.48 19.57 21.51

Competitive Comparison of Ebara's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Ebara'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.


Ebara's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ebara's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ebara 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, Ebara'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)
=30.835/106.8000*106.8000
=30.835

Current CPI (Dec. 2023) = 106.8000.

Ebara Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.977 95.700 24.526
201406 21.505 98.000 23.436
201409 20.550 98.500 22.282
201412 19.472 97.900 21.242
201503 21.427 97.900 23.375
201506 20.359 98.400 22.097
201509 21.195 98.500 22.981
201512 21.090 98.100 22.960
201603 23.032 97.900 25.126
201606 23.615 98.100 25.709
201609 23.906 98.000 26.053
201612 21.452 98.400 23.283
201703 23.784 98.100 25.893
201706 23.876 98.500 25.888
201709 24.162 98.800 26.118
201712 0.000 99.400 0.000
201803 25.977 99.200 27.967
201806 25.153 99.200 27.080
201809 24.806 99.900 26.519
201812 25.020 99.700 26.802
201903 25.710 99.700 27.541
201906 26.234 99.800 28.074
201909 26.334 100.100 28.097
201912 26.139 100.500 27.778
202003 27.187 100.300 28.949
202006 27.522 99.900 29.423
202009 28.262 99.900 30.214
202012 29.252 99.300 31.461
202103 28.744 99.900 30.729
202106 28.991 99.500 31.118
202109 28.982 100.100 30.922
202112 29.829 100.100 31.826
202203 30.312 101.100 32.021
202206 28.777 101.800 30.190
202209 27.145 103.100 28.119
202212 28.982 104.100 29.734
202303 29.288 104.400 29.961
202306 29.298 105.200 29.744
202309 28.805 106.200 28.968
202312 30.835 106.800 30.835

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


Ebara  (OTCPK:EBCOF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.75/21.51
=3.99

* 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 Ebara was 4.46. The lowest was 0.79. And the median was 1.67.


Be Aware

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


Ebara Cyclically Adjusted Book per Share Related Terms

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


Ebara (EBCOF) Business Description

Industry
Traded in Other Exchanges
Address
11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, JPN, 144-8510
Ebara Corp is a Japan-based company that operates through three business segments. The fluid machinery and systems business provides pumps, compressors, refrigeration, blowers, cooling towers, energy-related systems, machinery plants, and other related solutions. The environmental engineering business is involved in engineering, building, operating, and maintaining environmental and energy-related infrastructure. The precision machinery business develops and manufactures vacuum pumps, chemical mechanical polishing systems, plating systems, and other semiconductor manufacturing equipment and components. The company generates the majority of its revenue from Japan andthe rest of Asia.

Ebara (EBCOF) Headlines

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