GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sekisui Chemical Co Ltd (OTCPK:SKSUY) » Definitions » Cyclically Adjusted Book per Share

Sekisui Chemical Co (Sekisui Chemical Co) Cyclically Adjusted Book per Share : $46.74 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Sekisui Chemical 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.

Sekisui Chemical Co's adjusted book value per share for the three months ended in Mar. 2024 was $62.752. 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 $46.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sekisui Chemical Co's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Chemical Co was 9.10% per year. The lowest was 6.80% per year. And the median was 7.85% per year.

As of today (2024-05-28), Sekisui Chemical Co's current stock price is $71.95. Sekisui Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $46.74. Sekisui Chemical Co's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sekisui Chemical Co was 2.74. The lowest was 1.23. And the median was 1.69.


Sekisui Chemical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sekisui Chemical 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.

Sekisui Chemical Co Cyclically Adjusted Book per Share Chart

Sekisui Chemical 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 39.38 47.31 48.90 47.82 46.74

Sekisui Chemical 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 47.82 47.01 47.00 50.76 46.74

Competitive Comparison of Sekisui Chemical Co's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Sekisui Chemical 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.


Sekisui Chemical Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sekisui Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=62.752/107.2000*107.2000
=62.752

Current CPI (Mar. 2024) = 107.2000.

Sekisui Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 44.366 98.000 48.531
201409 44.325 98.500 48.240
201412 42.299 97.900 46.317
201503 42.955 97.900 47.036
201506 42.859 98.400 46.692
201509 43.379 98.500 47.210
201512 44.218 98.100 48.320
201603 47.475 97.900 51.985
201606 47.764 98.100 52.195
201609 50.974 98.000 55.759
201612 47.058 98.400 51.266
201703 50.869 98.100 55.588
201706 52.290 98.500 56.909
201709 55.076 98.800 59.759
201712 54.702 99.400 58.995
201803 58.770 99.200 63.510
201806 55.806 99.200 60.306
201809 57.110 99.900 61.283
201812 55.521 99.700 59.698
201903 58.846 99.700 63.273
201906 58.773 99.800 63.131
201909 61.993 100.100 66.390
201912 62.333 100.500 66.489
202003 61.945 100.300 66.206
202006 61.873 99.900 66.394
202009 64.210 99.900 68.902
202012 65.911 99.300 71.155
202103 68.349 99.900 73.343
202106 66.880 99.500 72.056
202109 64.051 100.100 68.594
202112 63.242 100.100 67.728
202203 64.059 101.100 67.924
202206 58.024 101.800 61.102
202209 56.468 103.100 58.714
202212 58.769 104.100 60.519
202303 61.448 104.400 63.096
202306 59.883 105.200 61.021
202309 59.194 106.200 59.751
202312 60.531 106.800 60.758
202403 62.752 107.200 62.752

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


Sekisui Chemical Co  (OTCPK:SKSUY) 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 Chemical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=71.95/46.74
=1.54

* 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 Chemical Co was 2.74. The lowest was 1.23. And the median was 1.69.


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 Chemical Co Cyclically Adjusted Book per Share Related Terms

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


Sekisui Chemical Co (Sekisui Chemical Co) Business Description

Traded in Other Exchanges
Address
4-4, Nishitenma 2-Chome, Kita-ku, Osaka, JPN, 530-8565
Sekisui Chemical Co., Ltd. is a Japanese diversified holding company that owns a high-performance-plastics company, a residential construction company, and an urban infrastructure company. The plastics part of the business focuses on the production of materials for electronics, transportation, and buildings. The residential construction segment builds single-family and multiunit housing in Japan. The company's unit construction method allows prebuilt modular components to be assembled at various plants, which reduces construction time on-site. Sekisui's urban infrastructure products and industrial piping are used in mass transit and buildings. High-performance plastics and residential construction account for the majority of the company's revenue.

Sekisui Chemical Co (Sekisui Chemical Co) Headlines