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Sekisui House (Sekisui House) Cyclically Adjusted Book per Share : $13.36 (As of Jan. 2024)


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What is Sekisui House 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.

Sekisui House's adjusted book value per share for the three months ended in Jan. 2024 was $18.511. 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 $13.36 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Sekisui House's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Sekisui House was 8.90% per year. The lowest was 4.80% per year. And the median was 5.80% per year.

As of today (2024-04-30), Sekisui House's current stock price is $22.91. Sekisui House's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $13.36. Sekisui House's Cyclically Adjusted PB Ratio of today is 1.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sekisui House was 1.80. The lowest was 1.11. And the median was 1.45.


Sekisui House Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sekisui House'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.

Sekisui House Cyclically Adjusted Book per Share Chart

Sekisui House Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.34 14.74 14.25 13.88 13.36

Sekisui House Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 13.88 13.48 13.42 13.06 13.36

Competitive Comparison of Sekisui House's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Sekisui House'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.


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

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

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



Sekisui House 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, Sekisui House's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=18.511/106.9000*106.9000
=18.511

Current CPI (Jan. 2024) = 106.9000.

Sekisui House Quarterly Data

Book Value per Share CPI Adj_Book
201404 13.153 97.700 14.392
201407 13.550 98.100 14.765
201410 12.997 98.200 14.148
201501 12.924 97.800 14.127
201504 12.528 98.400 13.610
201507 12.388 98.300 13.472
201510 12.444 98.500 13.505
201601 12.770 97.700 13.972
201604 13.377 98.100 14.577
201607 13.844 97.900 15.117
201610 13.884 98.600 15.053
201701 13.928 98.200 15.162
201704 14.794 98.500 16.056
201707 14.993 98.300 16.305
201710 15.099 98.800 16.337
201801 15.628 99.500 16.790
201804 15.636 99.100 16.867
201807 15.551 99.200 16.758
201810 15.318 100.200 16.342
201901 15.785 99.700 16.925
201904 15.450 100.000 16.516
201907 16.368 99.800 17.532
201910 16.475 100.400 17.542
202001 16.963 100.500 18.043
202004 16.811 100.200 17.935
202007 17.556 100.000 18.767
202010 17.854 99.800 19.124
202101 18.777 99.800 20.113
202104 18.504 99.100 19.960
202107 18.812 99.700 20.171
202110 18.465 99.900 19.759
202201 19.026 100.300 20.278
202204 17.946 101.500 18.901
202207 17.655 102.300 18.449
202210 16.716 103.700 17.232
202301 18.901 104.700 19.298
202304 18.567 105.100 18.885
202307 18.751 105.700 18.964
202310 17.842 107.100 17.809
202401 18.511 106.900 18.511

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


Sekisui House  (OTCPK:SKHSY) 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.

Sekisui House's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.91/13.36
=1.71

* 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 Sekisui House was 1.80. The lowest was 1.11. And the median was 1.45.


Be Aware

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


Sekisui House Cyclically Adjusted Book per Share Related Terms

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


Sekisui House (Sekisui House) Business Description

Traded in Other Exchanges
Address
Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, JPN, 531-0076
Sekisui House Ltd is a Japanese construction company that focuses on residential construction. It is one of the world's largest international homebuilders and operates in Japan, China, Singapore, Australia, and the United States. Sekisui House is involved in constructing single-family detached housing and multi-unit residential housing, condominium development, and urban redevelopment. The company uses eco-friendly features in its construction projects such as solar panels and sustainable material usage. The majority of revenue for the company is derived from its detached-housing projects, followed by rental and condominium construction.

Sekisui House (Sekisui House) Headlines