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Marutai Co (FSE:2919) Cyclically Adjusted Book per Share : 円4,391.51 (As of Dec. 2023)


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What is Marutai Co 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.

Marutai Co's adjusted book value per share for the three months ended in Dec. 2023 was 円4,941.436. 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 円4,391.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marutai Co's average Cyclically Adjusted Book Growth Rate was 4.10% 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.

As of today (2024-06-09), Marutai Co's current stock price is 円3520.00. Marutai Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,391.51. Marutai Co's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Marutai Co was 0.85. The lowest was 0.75. And the median was 0.80.


Marutai Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marutai Co'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.

Marutai Co Cyclically Adjusted Book per Share Chart

Marutai Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4,242.08

Marutai Co 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 4,219.00 4,242.08 4,287.90 4,346.74 4,391.51

Competitive Comparison of Marutai Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Marutai Co'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.


Marutai Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marutai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marutai Co 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, Marutai Co'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)
=4941.436/106.8000*106.8000
=4,941.436

Current CPI (Dec. 2023) = 106.8000.

Marutai Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,599.338 95.700 4,016.816
201406 3,489.398 98.000 3,802.732
201409 3,448.732 98.500 3,739.336
201412 3,480.239 97.900 3,796.624
201503 3,464.814 97.900 3,779.797
201506 3,448.835 98.400 3,743.248
201509 3,471.922 98.500 3,764.480
201512 3,567.169 98.100 3,883.523
201603 3,587.998 97.900 3,914.180
201606 3,618.307 98.100 3,939.197
201609 3,644.441 98.000 3,971.697
201612 3,730.119 98.400 4,048.544
201703 3,787.674 98.100 4,123.584
201706 3,799.214 98.500 4,119.351
201709 3,829.323 98.800 4,139.390
201712 3,953.559 99.400 4,247.888
201803 3,971.608 99.200 4,275.884
201806 3,993.589 99.200 4,299.549
201809 4,048.918 99.900 4,328.573
201812 4,052.281 99.700 4,340.859
201903 4,068.863 99.700 4,358.622
201906 4,042.813 99.800 4,326.377
201909 4,089.495 100.100 4,363.217
201912 4,190.832 100.500 4,453.541
202003 4,202.526 100.300 4,474.873
202006 4,324.523 99.900 4,623.214
202009 4,386.098 99.900 4,689.042
202012 4,513.310 99.300 4,854.194
202103 4,553.920 99.900 4,868.455
202106 4,576.680 99.500 4,912.457
202109 4,661.774 100.100 4,973.801
202112 4,751.042 100.100 5,069.044
202203 4,721.462 101.100 4,987.657
202206 4,718.686 101.800 4,950.449
202209 4,749.988 103.100 4,920.453
202212 4,813.154 104.100 4,937.991
202303 4,794.923 104.400 4,905.151
202306 4,807.085 105.200 4,880.197
202309 4,867.416 106.200 4,894.916
202312 4,941.436 106.800 4,941.436

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


Marutai Co  (FSE:2919) 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.

Marutai Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3520.00/4391.51
=0.80

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Marutai Co was 0.85. The lowest was 0.75. And the median was 0.80.


Be Aware

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


Marutai Co Cyclically Adjusted Book per Share Related Terms

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


Marutai Co (FSE:2919) Business Description

Traded in Other Exchanges
N/A
Address
Aomi 1042-1, Fukuoka Prefecture, Nishi-ku, Fukuoka, JPN, 819-0392
Marutai Co.,Ltd. is a Japanese firm engaged in the production of seasonings and confectionery. It manufactures and sells noodles. Its products include ramen bars, non-fried noodles, noodle bars, stick noodles, deep-fried yakisoba, tilde, cupcake, noodle dishes, and cups.

Marutai Co (FSE:2919) Headlines

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