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Mitsui O.S.K. Lines (STU:MILA) Cyclically Adjusted Book per Share : €16.05 (As of Dec. 2023)


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What is Mitsui O.S.K. Lines 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.

Mitsui O.S.K. Lines's adjusted book value per share for the three months ended in Dec. 2023 was €40.090. 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 €16.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsui O.S.K. Lines's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Mitsui O.S.K. Lines was 7.90% per year. The lowest was -2.20% per year. And the median was 1.45% per year.

As of today (2024-06-05), Mitsui O.S.K. Lines's current stock price is €29.82. Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €16.05. Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsui O.S.K. Lines was 2.19. The lowest was 0.29. And the median was 0.66.


Mitsui O.S.K. Lines Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Cyclically Adjusted Book per Share Chart

Mitsui O.S.K. Lines 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 14.30 12.81 12.96 14.80 -

Mitsui O.S.K. Lines 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 14.80 14.46 15.24 16.05 -

Competitive Comparison of Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.


Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio falls into.



Mitsui O.S.K. Lines 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, Mitsui O.S.K. Lines'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)
=40.09/106.8000*106.8000
=40.090

Current CPI (Dec. 2023) = 106.8000.

Mitsui O.S.K. Lines Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.421 95.700 14.978
201406 13.529 98.000 14.744
201409 13.686 98.500 14.839
201412 13.659 97.900 14.901
201503 16.792 97.900 18.319
201506 15.812 98.400 17.162
201509 15.929 98.500 17.271
201512 15.820 98.100 17.223
201603 12.047 97.900 13.142
201606 12.177 98.100 13.257
201609 12.250 98.000 13.350
201612 11.945 98.400 12.965
201703 13.256 98.100 14.432
201706 12.735 98.500 13.808
201709 12.160 98.800 13.145
201712 12.518 99.400 13.450
201803 10.940 99.200 11.778
201806 10.936 99.200 11.774
201809 11.433 99.900 12.223
201812 11.744 99.700 12.580
201903 11.693 99.700 12.526
201906 11.740 99.800 12.563
201909 11.946 100.100 12.746
201912 12.095 100.500 12.853
202003 12.065 100.300 12.847
202006 11.363 99.900 12.148
202009 11.470 99.900 12.262
202012 11.803 99.300 12.694
202103 12.471 99.900 13.332
202106 14.813 99.500 15.900
202109 18.771 100.100 20.027
202112 22.961 100.100 24.498
202203 27.065 101.100 28.591
202206 28.324 101.800 29.715
202209 36.251 103.100 37.552
202212 36.868 104.100 37.824
202303 37.201 104.400 38.056
202306 36.147 105.200 36.697
202309 37.845 106.200 38.059
202312 40.090 106.800 40.090

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


Mitsui O.S.K. Lines  (STU:MILA) 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.

Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.82/16.05
=1.86

* 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 Mitsui O.S.K. Lines was 2.19. The lowest was 0.29. And the median was 0.66.


Be Aware

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


Mitsui O.S.K. Lines Cyclically Adjusted Book per Share Related Terms

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


Mitsui O.S.K. Lines (STU:MILA) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (STU:MILA) Headlines

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