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JSR (STU:JYR) Cyclically Adjusted Book per Share : €10.84 (As of Mar. 2024)


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What is JSR 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.

JSR's adjusted book value per share for the three months ended in Mar. 2024 was €11.114. 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 €10.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JSR's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 JSR was 4.70% per year. The lowest was 4.50% per year. And the median was 4.65% per year.

As of today (2024-06-08), JSR's current stock price is €25.40. JSR's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.84. JSR's Cyclically Adjusted PB Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JSR was 2.77. The lowest was 1.04. And the median was 1.73.


JSR Cyclically Adjusted Book per Share Historical Data

The historical data trend for JSR'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.

JSR Cyclically Adjusted Book per Share Chart

JSR 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 12.48 11.87 11.94 11.71 10.84

JSR 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 11.71 11.11 11.16 11.25 10.84

Competitive Comparison of JSR's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, JSR'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.


JSR's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSR's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JSR 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, JSR'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)
=11.114/107.2000*107.2000
=11.114

Current CPI (Mar. 2024) = 107.2000.

JSR Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.228 98.000 11.188
201409 10.596 98.500 11.532
201412 10.097 97.900 11.056
201503 11.979 97.900 13.117
201506 11.291 98.400 12.301
201509 11.387 98.500 12.393
201512 12.266 98.100 13.404
201603 12.414 97.900 13.593
201606 12.782 98.100 13.968
201609 13.342 98.000 14.595
201612 12.685 98.400 13.819
201703 13.467 98.100 14.716
201706 13.294 98.500 14.468
201709 13.030 98.800 14.138
201712 13.187 99.400 14.222
201803 13.519 99.200 14.609
201806 13.837 99.200 14.953
201809 13.860 99.900 14.873
201812 14.152 99.700 15.217
201903 14.521 99.700 15.613
201906 14.886 99.800 15.990
201909 15.537 100.100 16.639
201912 15.273 100.500 16.291
202003 15.533 100.300 16.602
202006 15.049 99.900 16.149
202009 14.531 99.900 15.593
202012 14.203 99.300 15.333
202103 12.010 99.900 12.888
202106 11.857 99.500 12.775
202109 12.558 100.100 13.449
202112 13.178 100.100 14.113
202203 13.387 101.100 14.195
202206 12.278 101.800 12.929
202209 12.829 103.100 13.339
202212 12.214 104.100 12.578
202303 11.968 104.400 12.289
202306 11.362 105.200 11.578
202309 11.185 106.200 11.290
202312 11.270 106.800 11.312
202403 11.114 107.200 11.114

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


JSR  (STU:JYR) 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.

JSR's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.40/10.84
=2.34

* 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 JSR was 2.77. The lowest was 1.04. And the median was 1.73.


Be Aware

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


JSR Cyclically Adjusted Book per Share Related Terms

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


JSR (STU:JYR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » JSR Corp (STU:JYR) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, JPN, 105-8640
JSR Group has four reportable segments, digital solutions, life sciences, elastomers, and plastics. Semiconductor materials and life sciences are the growth drivers for the company, while elastomers produces the greatest amount of revenue. Elastomers consists of synthetic rubbers, thermoplastic elastomers, and emulsions. Plastics includes synthetic resins including ABS resins, AES resins, among others. Digital solutions consists of semiconductor materials, display materials, and edge computing, whereas the life sciences business covers research and diagnostic reagents, bioprocess materials, and contract services.

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