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UACJ (FRA:F4M) Cyclically Adjusted Book per Share : €26.34 (As of Mar. 2024)


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What is UACJ 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.

UACJ's adjusted book value per share for the three months ended in Mar. 2024 was €35.281. 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 €26.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UACJ's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 UACJ was 6.10% per year. The lowest was 2.70% per year. And the median was 3.80% per year.

As of today (2024-06-07), UACJ's current stock price is €24.60. UACJ's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.34. UACJ's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of UACJ was 1.10. The lowest was 0.36. And the median was 0.64.


UACJ Cyclically Adjusted Book per Share Historical Data

The historical data trend for UACJ'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.

UACJ Cyclically Adjusted Book per Share Chart

UACJ Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.08 28.53 28.36 28.60 26.34

UACJ 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 28.60 26.60 27.09 27.94 26.34

Competitive Comparison of UACJ's Cyclically Adjusted Book per Share

For the Aluminum subindustry, UACJ'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.


UACJ's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, UACJ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



UACJ 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, UACJ'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)
=35.281/107.2000*107.2000
=35.281

Current CPI (Mar. 2024) = 107.2000.

UACJ Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.919 98.000 28.352
201409 26.845 98.500 29.216
201412 26.901 97.900 29.456
201503 30.912 97.900 33.848
201506 29.099 98.400 31.701
201509 30.335 98.500 33.014
201512 30.129 98.100 32.924
201603 30.684 97.900 33.599
201606 31.384 98.100 34.295
201609 30.938 98.000 33.842
201612 30.477 98.400 33.203
201703 31.587 98.100 34.517
201706 30.947 98.500 33.680
201709 29.888 98.800 32.429
201712 30.347 99.400 32.728
201803 30.791 99.200 33.274
201806 31.401 99.200 33.933
201809 30.933 99.900 33.193
201812 31.641 99.700 34.021
201903 31.529 99.700 33.901
201906 31.575 99.800 33.916
201909 32.038 100.100 34.310
201912 32.124 100.500 34.266
202003 32.827 100.300 35.085
202006 30.555 99.900 32.788
202009 29.518 99.900 31.675
202012 28.383 99.300 30.641
202103 29.334 99.900 31.478
202106 30.689 99.500 33.064
202109 32.748 100.100 35.071
202112 33.613 100.100 35.997
202203 36.204 101.100 38.388
202206 37.590 101.800 39.584
202209 39.554 103.100 41.127
202212 36.753 104.100 37.847
202303 35.943 104.400 36.907
202306 35.010 105.200 35.676
202309 34.908 106.200 35.237
202312 34.398 106.800 34.527
202403 35.281 107.200 35.281

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


UACJ  (FRA:F4M) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.60/26.34
=0.93

* 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 UACJ was 1.10. The lowest was 0.36. And the median was 0.64.


Be Aware

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


UACJ Cyclically Adjusted Book per Share Related Terms

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


UACJ (FRA:F4M) Business Description

Industry
Traded in Other Exchanges
Address
1-7-2 Otemachi, Tokyo Sankei Building, Chiyoda-ku, Tokyo, JPN, 100-0004
UACJ Corp and its subsidiaries are in the business of manufacturing aluminium products and development of technologies. Its products include flat rolled products, extruded products, foil products, cast and forged products, precision machined products and copper tube products. The firm's production technologies include flat rolling, extrusion, casting and forging, coating and surface treatment, DC casting and flat rolling.

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