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Tri Chemical Laboratories (TSE:4369) Cyclically Adjusted Book per Share : 円363.48 (As of Jan. 2024)


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What is Tri Chemical Laboratories 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.

Tri Chemical Laboratories's adjusted book value per share for the three months ended in Jan. 2024 was 円848.401. 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363.48 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Tri Chemical Laboratories's average Cyclically Adjusted Book Growth Rate was 27.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 32.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 27.90% 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 Tri Chemical Laboratories was 32.60% per year. The lowest was 23.60% per year. And the median was 30.00% per year.

As of today (2024-05-22), Tri Chemical Laboratories's current stock price is 円4395.00. Tri Chemical Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円363.48. Tri Chemical Laboratories's Cyclically Adjusted PB Ratio of today is 12.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tri Chemical Laboratories was 29.55. The lowest was 7.29. And the median was 11.92.


Tri Chemical Laboratories Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tri Chemical Laboratories'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.

Tri Chemical Laboratories Cyclically Adjusted Book per Share Chart

Tri Chemical Laboratories Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.45 155.95 208.64 284.41 363.48

Tri Chemical Laboratories Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 284.41 302.98 322.72 345.33 363.48

Competitive Comparison of Tri Chemical Laboratories's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.


Tri Chemical Laboratories's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tri Chemical Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tri Chemical Laboratories's Cyclically Adjusted PB Ratio falls into.



Tri Chemical Laboratories 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, Tri Chemical Laboratories's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=848.401/106.9000*106.9000
=848.401

Current CPI (Jan. 2024) = 106.9000.

Tri Chemical Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201404 87.113 97.700 95.316
201407 89.381 98.100 97.399
201410 90.628 98.200 98.657
201501 96.041 97.800 104.977
201504 98.636 98.400 107.156
201507 102.644 98.300 111.624
201510 105.394 98.500 114.382
201601 108.457 97.700 118.670
201604 113.674 98.100 123.871
201607 118.595 97.900 129.498
201610 122.128 98.600 132.409
201701 130.283 98.200 141.825
201704 134.458 98.500 145.924
201707 143.262 98.300 155.796
201710 152.764 98.800 165.288
201801 162.863 99.500 174.975
201804 165.893 99.100 178.950
201807 180.317 99.200 194.313
201810 204.345 100.200 218.009
201901 224.835 99.700 241.072
201904 236.713 100.000 253.046
201907 254.769 99.800 272.894
201910 274.469 100.400 292.238
202001 306.635 100.500 326.162
202004 314.330 100.200 335.348
202007 345.200 100.000 369.019
202010 374.527 99.800 401.172
202101 403.262 99.800 431.951
202104 557.864 99.100 601.773
202107 586.941 99.700 629.328
202110 622.775 99.900 666.413
202201 656.061 100.300 699.232
202204 685.133 101.500 721.583
202207 731.672 102.300 764.572
202210 780.049 103.700 804.120
202301 796.245 104.700 812.976
202304 794.395 105.100 808.000
202307 814.410 105.700 823.656
202310 828.903 107.100 827.355
202401 848.401 106.900 848.401

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


Tri Chemical Laboratories  (TSE:4369) 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.

Tri Chemical Laboratories's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4395.00/363.48
=12.09

* 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 Tri Chemical Laboratories was 29.55. The lowest was 7.29. And the median was 11.92.


Be Aware

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


Tri Chemical Laboratories Cyclically Adjusted Book per Share Related Terms

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


Tri Chemical Laboratories (TSE:4369) Business Description

Traded in Other Exchanges
Address
8154-217 Uenohara, Uenohara-shi, Yamanashi, JPN, 409-0112
Tri Chemical Laboratories Inc is engaged in the manufacturing of high-purity chemical compounds for the semiconductor industry.

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