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Koatsu Gas Kogyo Co (Koatsu Gas Kogyo Co) Cyclically Adjusted Book per Share : $6.02 (As of Dec. 2023)


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What is Koatsu Gas Kogyo 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.

Koatsu Gas Kogyo Co's adjusted book value per share for the three months ended in Dec. 2023 was $9.174. 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 $6.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Koatsu Gas Kogyo Co'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 Koatsu Gas Kogyo Co was 6.50% per year. The lowest was 5.20% per year. And the median was 5.60% per year.

As of today (2024-05-28), Koatsu Gas Kogyo Co's current stock price is $4.91. Koatsu Gas Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.02. Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Koatsu Gas Kogyo Co was 1.34. The lowest was 0.62. And the median was 0.84.


Koatsu Gas Kogyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Koatsu Gas Kogyo 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.

Koatsu Gas Kogyo Co Cyclically Adjusted Book per Share Chart

Koatsu Gas Kogyo Co 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 - - 9.17 7.16 -

Koatsu Gas Kogyo Co 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 7.16 6.87 6.93 6.02 -

Competitive Comparison of Koatsu Gas Kogyo Co's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Koatsu Gas Kogyo 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.


Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Koatsu Gas Kogyo 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, Koatsu Gas Kogyo 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)
=9.174/106.8000*106.8000
=9.174

Current CPI (Dec. 2023) = 106.8000.

Koatsu Gas Kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.442 95.700 8.305
201406 7.587 98.000 8.268
201409 7.323 98.500 7.940
201412 6.809 97.900 7.428
201503 7.018 97.900 7.656
201506 6.895 98.400 7.484
201509 7.035 98.500 7.628
201512 7.053 98.100 7.678
201603 7.525 97.900 8.209
201606 8.043 98.100 8.756
201609 8.536 98.000 9.302
201612 7.746 98.400 8.407
201703 8.113 98.100 8.833
201706 8.368 98.500 9.073
201709 8.624 98.800 9.322
201712 8.693 99.400 9.340
201803 9.242 99.200 9.950
201806 8.958 99.200 9.644
201809 8.999 99.900 9.621
201812 8.969 99.700 9.608
201903 9.139 99.700 9.790
201906 9.654 99.800 10.331
201909 9.797 100.100 10.453
201912 9.836 100.500 10.453
202003 9.756 100.300 10.388
202006 9.909 99.900 10.593
202009 10.174 99.900 10.877
202012 10.674 99.300 11.480
202103 10.467 99.900 11.190
202106 10.396 99.500 11.159
202109 10.657 100.100 11.370
202112 10.318 100.100 11.009
202203 9.974 101.100 10.536
202206 8.881 101.800 9.317
202209 8.439 103.100 8.742
202212 9.036 104.100 9.270
202303 9.271 104.400 9.484
202306 8.984 105.200 9.121
202309 8.785 106.200 8.835
202312 9.174 106.800 9.174

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


Koatsu Gas Kogyo Co  (OTCPK:KTSUF) 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.

Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.91/6.02
=0.82

* 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 Koatsu Gas Kogyo Co was 1.34. The lowest was 0.62. And the median was 0.84.


Be Aware

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


Koatsu Gas Kogyo Co Cyclically Adjusted Book per Share Related Terms

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


Koatsu Gas Kogyo Co (Koatsu Gas Kogyo Co) Business Description

Traded in Other Exchanges
Address
1-5, Doyama-cho, Kita-ku, Osaka, JPN, 530-8411
Koatsu Gas Kogyo Co., Ltd. is engaged in the production and distribution of industrial gases and chemical products. It has three operating business divisions: Gas, Chemical Products and Information Systems. The company supplies various types of gases to a broad range of industrial sectors, from living-related industries to the medical industry. Its chemical products offering includes adhesives, a synthetic resin emulsion, cyanon, special resin and a nonwoven shock-absorbing material. The company offers information systems, such as LSI cards and reader-writers for various industrial fields, such as construction, civil engineering, transportation, and production equipment; and GNSS receiver modules.

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