GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casio Computer Co Ltd (STU:CAC1) » Definitions » Cyclically Adjusted Book per Share

Casio Computer Co (STU:CAC1) Cyclically Adjusted Book per Share : €5.65 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Casio Computer 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.

Casio Computer Co's adjusted book value per share for the three months ended in Dec. 2023 was €6.005. 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 €5.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Casio Computer Co's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Casio Computer Co was 5.20% per year. The lowest was 2.80% per year. And the median was 3.00% per year.

As of today (2024-05-23), Casio Computer Co's current stock price is €6.715. Casio Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.65. Casio Computer Co's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Casio Computer Co was 4.40. The lowest was 1.29. And the median was 2.26.


Casio Computer Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Casio Computer 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.

Casio Computer Co Cyclically Adjusted Book per Share Chart

Casio Computer 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 6.10 5.81 6.00 5.83 -

Casio Computer 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 5.83 5.44 5.56 5.65 -

Competitive Comparison of Casio Computer Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Casio Computer 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.


Casio Computer Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Casio Computer Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Casio Computer 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, Casio Computer 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)
=6.005/106.8000*106.8000
=6.005

Current CPI (Dec. 2023) = 106.8000.

Casio Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.865 95.700 5.429
201406 4.974 98.000 5.421
201409 5.058 98.500 5.484
201412 5.023 97.900 5.480
201503 5.996 97.900 6.541
201506 5.696 98.400 6.182
201509 5.944 98.500 6.445
201512 6.212 98.100 6.763
201603 6.270 97.900 6.840
201606 6.342 98.100 6.904
201609 6.650 98.000 7.247
201612 6.379 98.400 6.924
201703 6.600 98.100 7.185
201706 6.428 98.500 6.970
201709 6.234 98.800 6.739
201712 6.245 99.400 6.710
201803 6.417 99.200 6.909
201806 6.465 99.200 6.960
201809 6.615 99.900 7.072
201812 6.650 99.700 7.124
201903 6.840 99.700 7.327
201906 6.858 99.800 7.339
201909 7.247 100.100 7.732
201912 7.201 100.500 7.652
202003 7.018 100.300 7.473
202006 6.749 99.900 7.215
202009 6.680 99.900 7.141
202012 6.551 99.300 7.046
202103 6.750 99.900 7.216
202106 6.545 99.500 7.025
202109 6.847 100.100 7.305
202112 6.956 100.100 7.422
202203 6.961 101.100 7.353
202206 6.545 101.800 6.866
202209 6.681 103.100 6.921
202212 6.433 104.100 6.600
202303 6.473 104.400 6.622
202306 6.147 105.200 6.240
202309 6.090 106.200 6.124
202312 6.005 106.800 6.005

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


Casio Computer Co  (STU:CAC1) 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.

Casio Computer Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.715/5.65
=1.19

* 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 Casio Computer Co was 4.40. The lowest was 1.29. And the median was 2.26.


Be Aware

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


Casio Computer Co Cyclically Adjusted Book per Share Related Terms

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


Casio Computer Co (STU:CAC1) Business Description

Industry
Traded in Other Exchanges
Address
6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543
Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. Approximately 60% of its revenue and most of its profits are from the timepieces segment.

Casio Computer Co (STU:CAC1) Headlines

No Headlines