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Sanshin Electronics Co (Sanshin Electronics Co) Cyclically Adjusted Book per Share : $15.92 (As of Dec. 2023)


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What is Sanshin Electronics 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.

Sanshin Electronics Co's adjusted book value per share for the three months ended in Dec. 2023 was $20.214. 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 $15.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sanshin Electronics Co's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 Sanshin Electronics Co was 2.60% per year. The lowest was 0.70% per year. And the median was 1.10% per year.

As of today (2024-05-21), Sanshin Electronics Co's current stock price is $13.59. Sanshin Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.92. Sanshin Electronics Co's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanshin Electronics Co was 1.09. The lowest was 0.51. And the median was 0.86.


Sanshin Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sanshin Electronics 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.

Sanshin Electronics Co Cyclically Adjusted Book per Share Chart

Sanshin Electronics Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.24 27.73 19.30 24.65 13.81

Sanshin Electronics Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.75 13.81 15.71 15.71 15.92

Competitive Comparison of Sanshin Electronics Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Sanshin Electronics 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.


Sanshin Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanshin Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sanshin Electronics 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, Sanshin Electronics 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)
=20.214/106.8000*106.8000
=20.214

Current CPI (Dec. 2023) = 106.8000.

Sanshin Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.587 95.700 24.091
201406 21.451 98.000 23.377
201409 20.936 98.500 22.700
201412 19.239 97.900 20.988
201503 19.341 97.900 21.099
201506 18.690 98.400 20.285
201509 19.226 98.500 20.846
201512 18.984 98.100 20.668
201603 19.918 97.900 21.729
201606 20.343 98.100 22.147
201609 20.879 98.000 22.754
201612 18.869 98.400 20.480
201703 19.340 98.100 21.055
201706 19.529 98.500 21.175
201709 19.775 98.800 21.376
201712 19.392 99.400 20.836
201803 20.662 99.200 22.245
201806 19.667 99.200 21.174
201809 19.715 99.900 21.077
201812 19.389 99.700 20.770
201903 20.014 99.700 21.439
201906 19.712 99.800 21.095
201909 20.198 100.100 21.550
201912 19.927 100.500 21.176
202003 20.329 100.300 21.646
202006 19.625 99.900 20.980
202009 20.203 99.900 21.598
202012 20.552 99.300 22.104
202103 20.693 99.900 22.122
202106 20.110 99.500 21.585
202109 20.452 100.100 21.821
202112 20.577 100.100 21.954
202203 21.201 101.100 22.396
202206 19.474 101.800 20.430
202209 19.496 103.100 20.196
202212 20.068 104.100 20.588
202303 20.975 104.400 21.457
202306 20.184 105.200 20.491
202309 20.333 106.200 20.448
202312 20.214 106.800 20.214

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


Sanshin Electronics Co  (OTCPK:SSNEF) 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.

Sanshin Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.59/15.92
=0.85

* 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 Sanshin Electronics Co was 1.09. The lowest was 0.51. And the median was 0.86.


Be Aware

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


Sanshin Electronics Co Cyclically Adjusted Book per Share Related Terms

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


Sanshin Electronics Co (Sanshin Electronics Co) Business Description

Traded in Other Exchanges
Address
4-4-12 Shiba, Minato-ku, Tokyo, JPN, 108-8404
Sanshin Electronics Co Ltd is a Japanese based electronics trading company. It operates in two business divisions including device business and solution business. Its device business is engaged in the sales of semiconductors and electronic components for automobile, information and communications, toys and games, and social infrastructure and manufacturing industries. In solution business, it offers IT (information technology) infrastructure solution, application services, video solutions, support, and services. The company has a nationwide network in Japan, Thailand, Malaysia, Singapore, Taiwan, Hong Kong, Irvine, and Shenzhen.

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