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Cross Cat Co (TSE:2307) Cyclically Adjusted Book per Share : 円220.92 (As of Dec. 2023)


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What is Cross Cat 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.

Cross Cat Co's adjusted book value per share for the three months ended in Dec. 2023 was 円340.521. 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220.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cross Cat Co's average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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 Cross Cat Co was 12.40% per year. The lowest was 9.30% per year. And the median was 9.80% per year.

As of today (2024-06-14), Cross Cat Co's current stock price is 円1311.00. Cross Cat Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円220.92. Cross Cat Co's Cyclically Adjusted PB Ratio of today is 5.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cross Cat Co was 9.25. The lowest was 2.47. And the median was 4.57.


Cross Cat Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cross Cat 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.

Cross Cat Co Cyclically Adjusted Book per Share Chart

Cross Cat 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 130.60 141.97 155.01 173.02 201.49

Cross Cat 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 195.38 201.49 207.28 214.18 220.92

Competitive Comparison of Cross Cat Co's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Cross Cat 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.


Cross Cat Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Cross Cat Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cross Cat 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, Cross Cat 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)
=340.521/106.8000*106.8000
=340.521

Current CPI (Dec. 2023) = 106.8000.

Cross Cat Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 114.089 95.700 127.322
201406 113.248 98.000 123.417
201409 120.206 98.500 130.335
201412 122.342 97.900 133.464
201503 130.649 97.900 142.526
201506 130.055 98.400 141.157
201509 136.123 98.500 147.593
201512 140.903 98.100 153.399
201603 140.059 97.900 152.792
201606 133.962 98.100 145.842
201609 144.728 98.000 157.724
201612 152.792 98.400 165.835
201703 169.070 98.100 184.064
201706 158.765 98.500 172.143
201709 167.761 98.800 181.345
201712 177.413 99.400 190.621
201803 194.374 99.200 209.266
201806 192.669 99.200 207.430
201809 208.863 99.900 223.289
201812 202.887 99.700 217.335
201903 226.525 99.700 242.657
201906 192.240 99.800 205.724
201909 201.884 100.100 215.397
201912 216.810 100.500 230.401
202003 213.735 100.300 227.586
202006 225.801 99.900 241.397
202009 229.986 99.900 245.871
202012 226.954 99.300 244.096
202103 240.762 99.900 257.391
202106 235.432 99.500 252.705
202109 255.963 100.100 273.095
202112 263.521 100.100 281.159
202203 281.214 101.100 297.069
202206 308.349 101.800 323.494
202209 332.981 103.100 344.931
202212 358.567 104.100 367.867
202303 337.797 104.400 345.562
202306 276.641 105.200 280.848
202309 310.447 106.200 312.201
202312 340.521 106.800 340.521

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


Cross Cat Co  (TSE:2307) 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.

Cross Cat Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1311.00/220.92
=5.93

* 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 Cross Cat Co was 9.25. The lowest was 2.47. And the median was 4.57.


Be Aware

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


Cross Cat Co Cyclically Adjusted Book per Share Related Terms

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


Cross Cat Co (TSE:2307) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Cross Cat Co Ltd (TSE:2307) » Definitions » Cyclically Adjusted Book per Share
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Address
1-2-70 Konan, Minato-ku, Shinagawa Season Terrace, Tokyo, JPN, 108-0075
Cross Cat Co Ltd provides an array of system solutions in the area of system development services and business intelligence. It provides system solutions and staffing services to the financial, credit, public, telecom, manufacturing, retail, and other sectors. It also offers staffing solutions such as employee dispatching and outsourcing services.

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