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COSMOS Pharmaceutical (TSE:3349) Cyclically Adjusted Book per Share : 円3,478.78 (As of Feb. 2024)


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What is COSMOS Pharmaceutical 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.

COSMOS Pharmaceutical's adjusted book value per share for the three months ended in Feb. 2024 was 円5,659.520. 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3,478.78 for the trailing ten years ended in Feb. 2024.

During the past 12 months, COSMOS Pharmaceutical's average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.50% 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 COSMOS Pharmaceutical was 18.30% per year. The lowest was 16.90% per year. And the median was 17.10% per year.

As of today (2024-05-22), COSMOS Pharmaceutical's current stock price is 円13740.00. COSMOS Pharmaceutical's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円3,478.78. COSMOS Pharmaceutical's Cyclically Adjusted PB Ratio of today is 3.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COSMOS Pharmaceutical was 10.29. The lowest was 3.89. And the median was 6.60.


COSMOS Pharmaceutical Cyclically Adjusted Book per Share Historical Data

The historical data trend for COSMOS Pharmaceutical'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.

COSMOS Pharmaceutical Cyclically Adjusted Book per Share Chart

COSMOS Pharmaceutical Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,647.38 1,880.84 2,200.97 2,628.60 3,113.07

COSMOS Pharmaceutical Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2,979.82 3,113.07 3,239.32 3,374.00 3,478.78

Competitive Comparison of COSMOS Pharmaceutical's Cyclically Adjusted Book per Share

For the Pharmaceutical Retailers subindustry, COSMOS Pharmaceutical'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.


COSMOS Pharmaceutical's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, COSMOS Pharmaceutical's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



COSMOS Pharmaceutical 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, COSMOS Pharmaceutical's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=5659.52/106.9000*106.9000
=5,659.520

Current CPI (Feb. 2024) = 106.9000.

COSMOS Pharmaceutical Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,373.736 98.100 1,496.966
201408 1,429.722 98.300 1,554.804
201411 1,496.567 97.900 1,634.147
201502 1,553.639 97.600 1,701.680
201505 1,642.857 98.700 1,779.346
201508 1,711.924 98.400 1,859.804
201511 1,781.925 98.100 1,941.771
201602 1,844.326 97.800 2,015.935
201605 1,923.751 98.200 2,094.185
201608 2,023.374 97.900 2,209.384
201611 2,126.785 98.600 2,305.815
201702 2,208.327 98.100 2,406.424
201705 2,349.877 98.600 2,547.686
201708 2,444.626 98.500 2,653.102
201711 2,524.098 99.100 2,722.766
201802 2,605.084 99.500 2,798.829
201805 2,749.759 99.300 2,960.214
201808 2,850.747 99.800 3,053.556
201811 2,954.941 100.000 3,158.832
201902 3,038.731 99.700 3,258.178
201905 3,189.163 100.000 3,409.215
201908 3,289.368 100.000 3,516.334
201911 3,383.486 100.500 3,598.952
202002 3,496.721 100.300 3,726.814
202005 3,678.745 100.100 3,928.650
202008 3,838.042 100.100 4,098.768
202011 3,979.106 99.500 4,275.040
202102 4,166.610 99.800 4,463.032
202105 4,307.623 99.400 4,632.645
202108 4,422.878 99.700 4,742.283
202111 4,549.245 100.100 4,858.285
202202 4,640.888 100.700 4,926.623
202205 4,810.891 101.800 5,051.908
202208 4,934.607 102.700 5,136.412
202211 5,056.327 103.900 5,202.323
202302 5,139.764 104.000 5,283.084
202305 5,330.224 105.100 5,421.512
202308 5,437.045 105.900 5,488.386
202311 5,578.135 106.900 5,578.135
202402 5,659.520 106.900 5,659.520

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


COSMOS Pharmaceutical  (TSE:3349) 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.

COSMOS Pharmaceutical's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13740.00/3478.78
=3.95

* 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 COSMOS Pharmaceutical was 10.29. The lowest was 3.89. And the median was 6.60.


Be Aware

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


COSMOS Pharmaceutical Cyclically Adjusted Book per Share Related Terms

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


COSMOS Pharmaceutical (TSE:3349) Business Description

Traded in Other Exchanges
N/A
Address
4 floor,10th first Fukuoka S Building Museum, Hakataekihigashi 2-chome,, Fukuoka, JPN, 812-0013
COSMOS Pharmaceutical Corp manages retail drugstores in Japan. The company places a strong emphasis on convenience regarding its product selection, which includes medical products, health and beauty aids, personal-care items, discount cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, alcoholic beverages, tobacco, insect repellent, and miscellaneous everyday consumables. The majority of the company's revenue is derived from common grocery sales. Cosmos also operates a private grocery brand called ON 365.

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