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Dai-Dan Co (TSE:1980) Cyclically Adjusted Book per Share : 円1,590.69 (As of Dec. 2023)


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What is Dai-Dan 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.

Dai-Dan Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,011.696. 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 円1,590.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dai-Dan Co's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Dai-Dan Co was 7.30% per year. The lowest was 5.00% per year. And the median was 6.00% per year.

As of today (2024-06-09), Dai-Dan Co's current stock price is 円3025.00. Dai-Dan Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,590.69. Dai-Dan Co's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dai-Dan Co was 2.06. The lowest was 0.71. And the median was 1.04.


Dai-Dan Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dai-Dan 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.

Dai-Dan Co Cyclically Adjusted Book per Share Chart

Dai-Dan 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 1,149.85 1,207.63 1,272.34 1,367.57 1,493.95

Dai-Dan 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 1,469.56 1,493.95 1,525.88 1,561.09 1,590.69

Competitive Comparison of Dai-Dan Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Dai-Dan 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.


Dai-Dan Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dai-Dan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dai-Dan Co's Cyclically Adjusted PB Ratio falls into.



Dai-Dan 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, Dai-Dan 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)
=2011.696/106.8000*106.8000
=2,011.696

Current CPI (Dec. 2023) = 106.8000.

Dai-Dan Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,040.604 95.700 1,161.301
201406 1,031.793 98.000 1,124.444
201409 1,055.467 98.500 1,144.405
201412 1,080.418 97.900 1,178.638
201503 1,193.539 97.900 1,302.043
201506 1,209.727 98.400 1,312.996
201509 1,205.220 98.500 1,306.777
201512 1,246.519 98.100 1,357.067
201603 1,219.352 97.900 1,330.202
201606 1,212.356 98.100 1,319.874
201609 1,232.582 98.000 1,343.263
201612 1,275.501 98.400 1,384.385
201703 1,296.590 98.100 1,411.578
201706 1,307.512 98.500 1,417.688
201709 1,348.126 98.800 1,457.286
201712 1,395.916 99.400 1,499.837
201803 1,440.972 99.200 1,551.369
201806 1,446.041 99.200 1,556.826
201809 1,491.416 99.900 1,594.427
201812 1,445.458 99.700 1,548.394
201903 1,485.247 99.700 1,591.017
201906 1,471.372 99.800 1,574.574
201909 1,518.093 100.100 1,619.704
201912 1,574.704 100.500 1,673.417
202003 1,550.801 100.300 1,651.302
202006 1,572.194 99.900 1,680.784
202009 1,628.181 99.900 1,740.638
202012 1,660.005 99.300 1,785.383
202103 1,745.821 99.900 1,866.403
202106 1,725.446 99.500 1,852.037
202109 1,769.167 100.100 1,887.583
202112 1,754.874 100.100 1,872.333
202203 1,801.448 101.100 1,903.013
202206 1,796.727 101.800 1,884.975
202209 1,843.703 103.100 1,909.869
202212 1,849.803 104.100 1,897.781
202303 1,920.630 104.400 1,964.782
202306 1,935.506 105.200 1,964.943
202309 1,981.373 106.200 1,992.567
202312 2,011.696 106.800 2,011.696

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


Dai-Dan Co  (TSE:1980) 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.

Dai-Dan Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3025.00/1590.69
=1.90

* 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 Dai-Dan Co was 2.06. The lowest was 0.71. And the median was 1.04.


Be Aware

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


Dai-Dan Co Cyclically Adjusted Book per Share Related Terms

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


Dai-Dan Co (TSE:1980) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-9-25 Edobori, Nishi-ku, Osaka-city, JPN, 550-8520
Dai-Dan Co Ltd is engaged in providing services related to engineering and installation. The company design, supervise and construct electrical facility, air conditioning facility, plumbing and sanitary facility, fire protection facility, and installation of machine and equipment. In addition, it also offers construction services for buildings, offices and other facilities.

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