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HASEKO (HASEKO) Cyclically Adjusted Book per Share : $6.57 (As of Dec. 2023)


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What is HASEKO 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.

HASEKO's adjusted book value per share for the three months ended in Dec. 2023 was $12.446. 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 $6.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, HASEKO's average Cyclically Adjusted Book Growth Rate was -100.00% 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 HASEKO was 16.60% per year. The lowest was 16.30% per year. And the median was 16.40% per year.

As of today (2024-05-17), HASEKO's current stock price is $10.50. HASEKO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.57. HASEKO's Cyclically Adjusted PB Ratio of today is 1.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HASEKO was 3.87. The lowest was 1.46. And the median was 1.92.


HASEKO Cyclically Adjusted Book per Share Historical Data

The historical data trend for HASEKO'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.

HASEKO Cyclically Adjusted Book per Share Chart

HASEKO 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 5.90 5.09 6.51 6.98 -

HASEKO 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 6.98 6.29 6.09 6.57 -

Competitive Comparison of HASEKO's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, HASEKO'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.


HASEKO's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HASEKO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HASEKO 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, HASEKO'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)
=12.446/106.8000*106.8000
=12.446

Current CPI (Dec. 2023) = 106.8000.

HASEKO Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.877 95.700 4.327
201406 4.047 98.000 4.410
201409 3.542 98.500 3.840
201412 3.465 97.900 3.780
201503 3.974 97.900 4.335
201506 4.015 98.400 4.358
201509 4.445 98.500 4.820
201512 4.920 98.100 5.356
201603 5.448 97.900 5.943
201606 5.946 98.100 6.473
201609 6.537 98.000 7.124
201612 6.221 98.400 6.752
201703 7.007 98.100 7.628
201706 7.269 98.500 7.882
201709 7.710 98.800 8.334
201712 7.913 99.400 8.502
201803 9.387 99.200 10.106
201806 9.156 99.200 9.857
201809 9.890 99.900 10.573
201812 10.298 99.700 11.031
201903 11.104 99.700 11.895
201906 11.103 99.800 11.882
201909 11.701 100.100 12.484
201912 11.717 100.500 12.451
202003 12.293 100.300 13.090
202006 12.109 99.900 12.945
202009 12.786 99.900 13.669
202012 13.025 99.300 14.009
202103 13.118 99.900 14.024
202106 12.811 99.500 13.751
202109 13.271 100.100 14.159
202112 12.912 100.100 13.776
202203 12.825 101.100 13.548
202206 11.491 101.800 12.055
202209 11.210 103.100 11.612
202212 12.061 104.100 12.374
202303 12.466 104.400 12.753
202306 11.986 105.200 12.168
202309 12.028 106.200 12.096
202312 12.446 106.800 12.446

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


HASEKO  (OTCPK:HSKCF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.50/6.57
=1.60

* 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 HASEKO was 3.87. The lowest was 1.46. And the median was 1.92.


Be Aware

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


HASEKO Cyclically Adjusted Book per Share Related Terms

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


HASEKO (HASEKO) Business Description

Traded in Other Exchanges
Address
32-1 Shiba 2-chome, Minato-ku, Tokyo, JPN, 105-8507
Haseko Corp is a Japanese construction company that focuses on residential condominium construction. The company targets its construction efforts in Tokyo and the Kinki region of Japan. Its construction process provides developers with land selection, planning, design, engineering, and final construction. Haseko has historically constructed roughly 15,000 condominium units annually, which allows it to control almost one fourth of the overall Japanese condo market. Haseko also offers various building-related services such as condominium management, repair, remodeling, and brokerage sales. These services account for approximately 25% of the company's overall revenue.

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