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Rohto Pharmaceutical Co (TSE:4527) Cyclically Adjusted Book per Share : 円669.91 (As of Dec. 2023)


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What is Rohto Pharmaceutical 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.

Rohto Pharmaceutical Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,052.152. 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669.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rohto Pharmaceutical Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Rohto Pharmaceutical Co was 8.90% per year. The lowest was 6.20% per year. And the median was 6.90% per year.

As of today (2024-05-31), Rohto Pharmaceutical Co's current stock price is 円2721.50. Rohto Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円669.91. Rohto Pharmaceutical Co's Cyclically Adjusted PB Ratio of today is 4.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rohto Pharmaceutical Co was 6.43. The lowest was 2.71. And the median was 3.53.


Rohto Pharmaceutical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rohto Pharmaceutical 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.

Rohto Pharmaceutical Co Cyclically Adjusted Book per Share Chart

Rohto Pharmaceutical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 475.88 504.27 548.59 614.48 -

Rohto Pharmaceutical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 614.48 631.86 651.58 669.91 -

Competitive Comparison of Rohto Pharmaceutical Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Rohto Pharmaceutical 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.


Rohto Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rohto Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rohto Pharmaceutical 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, Rohto Pharmaceutical 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)
=1052.152/106.8000*106.8000
=1,052.152

Current CPI (Dec. 2023) = 106.8000.

Rohto Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 433.249 95.700 483.500
201406 428.707 98.000 467.203
201409 442.611 98.500 479.907
201412 468.541 97.900 511.136
201503 484.583 97.900 528.636
201506 491.718 98.400 533.694
201509 497.660 98.500 539.595
201512 505.553 98.100 550.388
201603 487.094 97.900 531.375
201606 482.039 98.100 524.789
201609 479.644 98.000 522.714
201612 509.402 98.400 552.888
201703 517.934 98.100 563.867
201706 523.206 98.500 567.293
201709 539.332 98.800 583.003
201712 573.599 99.400 616.302
201803 560.414 99.200 603.349
201806 572.608 99.200 616.477
201809 585.296 99.900 625.722
201812 585.706 99.700 627.416
201903 575.892 99.700 616.903
201906 573.870 99.800 614.121
201909 587.676 100.100 627.011
201912 601.773 100.500 639.496
202003 610.507 100.300 650.071
202006 607.548 99.900 649.511
202009 629.622 99.900 673.109
202012 644.823 99.300 693.526
202103 683.383 99.900 730.584
202106 703.156 99.500 754.744
202109 729.741 100.100 778.585
202112 751.333 100.100 801.622
202203 781.967 101.100 826.054
202206 829.004 101.800 869.721
202209 877.154 103.100 908.633
202212 910.739 104.100 934.360
202303 918.598 104.400 939.715
202306 965.622 105.200 980.308
202309 1,021.040 106.200 1,026.809
202312 1,052.152 106.800 1,052.152

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


Rohto Pharmaceutical Co  (TSE:4527) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2721.50/669.91
=4.06

* 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 Rohto Pharmaceutical Co was 6.43. The lowest was 2.71. And the median was 3.53.


Be Aware

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


Rohto Pharmaceutical Co Cyclically Adjusted Book per Share Related Terms

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


Rohto Pharmaceutical Co (TSE:4527) Business Description

Traded in Other Exchanges
Address
1-8-1, Tatsumi-nishi, Ikuno-ku, Osaka, JPN, 544-8666
Rohto Pharmaceutical Co Ltd is a Japan-based manufacturer and marketer of pharmaceutical products, cosmetics, and functional foods. It undertakes manufacture and sales activities mainly in the health and beauty care categories. The company comprises the four geographical reportable segments of Japan, America, Europe, and Asia. In each segment, it manufactures and sales eye care products including eye drops and eyewash preparations, skincare products including dermal medicines, lip balm, sunscreens, and functional cosmetics, among others, internal medicines and food products including gastrointestinal medicines, traditional Chinese herbal medicines and supplements, and other products and services, such as in-vitro test kits.

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