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Karula Co (TSE:2789) Cyclically Adjusted Book per Share : 円469.75 (As of Nov. 2023)


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What is Karula 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.

Karula Co's adjusted book value per share for the three months ended in Nov. 2023 was 円281.083. 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469.75 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Karula Co's average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.70% 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 Karula Co was -1.40% per year. The lowest was -2.70% per year. And the median was -2.05% per year.

As of today (2024-05-22), Karula Co's current stock price is 円444.00. Karula Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円469.75. Karula Co's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Karula Co was 1.14. The lowest was 0.70. And the median was 0.84.


Karula Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Karula 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.

Karula Co Cyclically Adjusted Book per Share Chart

Karula Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 516.34 520.06 510.21 494.32 479.70

Karula Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 487.50 479.70 476.83 472.98 469.75

Competitive Comparison of Karula Co's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Karula 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.


Karula Co's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Karula Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Karula 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, Karula Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=281.083/106.9000*106.9000
=281.083

Current CPI (Nov. 2023) = 106.9000.

Karula Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 521.867 95.500 584.163
201405 524.470 98.100 571.517
201408 534.690 98.300 581.469
201411 530.779 97.900 579.574
201502 519.794 97.600 569.324
201505 521.038 98.700 564.326
201508 535.723 98.400 582.000
201511 537.368 98.100 585.572
201602 526.183 97.800 575.143
201605 524.243 98.200 570.688
201608 530.750 97.900 579.542
201611 531.278 98.600 576.000
201702 523.681 98.100 570.657
201705 518.799 98.600 562.471
201708 532.842 98.500 578.282
201711 533.970 99.100 575.998
201802 530.163 99.500 569.592
201805 524.800 99.300 564.966
201808 534.110 99.800 572.108
201811 525.864 100.000 562.149
201902 508.414 99.700 545.130
201905 505.359 100.000 540.229
201908 510.413 100.000 545.631
201911 502.277 100.500 534.263
202002 496.338 100.300 528.998
202005 444.743 100.100 474.955
202008 420.253 100.100 448.802
202011 366.010 99.500 393.231
202102 308.339 99.800 330.275
202105 302.949 99.400 325.807
202108 294.567 99.700 315.840
202111 288.444 100.100 308.039
202202 234.300 100.700 248.726
202205 232.661 101.800 244.317
202208 236.385 102.700 246.052
202211 237.549 103.900 244.408
202302 222.297 104.000 228.496
202305 241.690 105.100 245.829
202308 281.770 105.900 284.431
202311 281.083 106.900 281.083

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


Karula Co  (TSE:2789) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=444.00/469.75
=0.95

* 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 Karula Co was 1.14. The lowest was 0.70. And the median was 0.84.


Be Aware

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


Karula Co Cyclically Adjusted Book per Share Related Terms

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


Karula Co (TSE:2789) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9-2-9 Tomiya Kurokawa-gun, Miyagi Prefecture, Narita, JPN, 981-3341
Karula Co., LTD operates restaurants chain in Japan. The brads under the group include MARUMATSU 99 shops, kotobuki 3 shop, kabe masamune 3 shops, and soba recycle mar matsu 6 store.

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