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Osaka Gas Co (Osaka Gas Co) Cyclically Adjusted Book per Share : $30.04 (As of Dec. 2023)


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What is Osaka Gas 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.

Osaka Gas Co's adjusted book value per share for the three months ended in Dec. 2023 was $53.675. 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 $30.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Osaka Gas 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 Osaka Gas Co was 6.70% per year. The lowest was 4.10% per year. And the median was 5.40% per year.

As of today (2024-05-14), Osaka Gas Co's current stock price is $32.81. Osaka Gas Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $30.04. Osaka Gas Co's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Osaka Gas Co was 1.53. The lowest was 0.80. And the median was 1.03.


Osaka Gas Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Osaka Gas 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.

Osaka Gas Co Cyclically Adjusted Book per Share Chart

Osaka Gas 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 38.09 37.21 41.90 37.85 -

Osaka Gas 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 37.85 38.23 35.14 30.04 -

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

For the Utilities - Regulated Gas subindustry, Osaka Gas 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.


Osaka Gas Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Osaka Gas 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, Osaka Gas 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)
=53.675/106.8000*106.8000
=53.675

Current CPI (Dec. 2023) = 106.8000.

Osaka Gas Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 37.512 95.700 41.863
201406 39.085 98.000 42.595
201409 37.252 98.500 40.391
201412 33.585 97.900 36.638
201503 35.465 97.900 38.689
201506 35.844 98.400 38.904
201509 37.573 98.500 40.739
201512 36.489 98.100 39.725
201603 38.594 97.900 42.103
201606 40.922 98.100 44.551
201609 41.639 98.000 45.378
201612 36.644 98.400 39.772
201703 40.963 98.100 44.596
201706 41.881 98.500 45.410
201709 42.410 98.800 45.844
201712 42.210 99.400 45.352
201803 45.332 99.200 48.805
201806 43.431 99.200 46.758
201809 43.146 99.900 46.126
201812 42.114 99.700 45.113
201903 43.464 99.700 46.559
201906 45.142 99.800 48.308
201909 44.918 100.100 47.924
201912 43.758 100.500 46.501
202003 44.564 100.300 47.452
202006 44.215 99.900 47.269
202009 45.741 99.900 48.900
202012 46.948 99.300 50.494
202103 47.878 99.900 51.185
202106 49.381 99.500 53.004
202109 49.557 100.100 52.874
202112 47.061 100.100 50.211
202203 51.601 101.100 54.510
202206 46.228 101.800 48.499
202209 44.119 103.100 45.702
202212 48.572 104.100 49.832
202303 50.086 104.400 51.237
202306 50.008 105.200 50.769
202309 50.431 106.200 50.716
202312 53.675 106.800 53.675

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


Osaka Gas Co  (OTCPK:OSGSY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.81/30.04
=1.09

* 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 Osaka Gas Co was 1.53. The lowest was 0.80. And the median was 1.03.


Be Aware

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


Osaka Gas Co Cyclically Adjusted Book per Share Related Terms

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


Osaka Gas Co (Osaka Gas Co) Business Description

Traded in Other Exchanges
Address
4-1-2, Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

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