GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » AGRO-KANESHO Co Ltd (TSE:4955) » Definitions » Cyclically Adjusted Book per Share

AGRO-KANESHO Co (TSE:4955) Cyclically Adjusted Book per Share : 円1,504.61 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is AGRO-KANESHO 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.

AGRO-KANESHO Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,649.863. 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1,504.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AGRO-KANESHO Co's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 AGRO-KANESHO Co was 7.20% per year. The lowest was 5.80% per year. And the median was 6.60% per year.

As of today (2024-05-24), AGRO-KANESHO Co's current stock price is 円1130.00. AGRO-KANESHO Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,504.61. AGRO-KANESHO Co's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AGRO-KANESHO Co was 2.32. The lowest was 0.73. And the median was 1.18.


AGRO-KANESHO Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for AGRO-KANESHO 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.

AGRO-KANESHO Co Cyclically Adjusted Book per Share Chart

AGRO-KANESHO Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,154.21 1,206.15 1,281.34 1,399.13 1,487.21

AGRO-KANESHO 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 1,417.31 1,441.29 1,466.95 1,487.21 1,504.61

Competitive Comparison of AGRO-KANESHO Co's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, AGRO-KANESHO 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.


AGRO-KANESHO Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, AGRO-KANESHO Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AGRO-KANESHO 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, AGRO-KANESHO Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1649.863/107.2000*107.2000
=1,649.863

Current CPI (Mar. 2024) = 107.2000.

AGRO-KANESHO Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,103.399 98.000 1,206.983
201409 1,162.386 98.500 1,265.054
201412 1,127.423 97.900 1,234.522
201503 1,109.807 97.900 1,215.233
201506 1,160.756 98.400 1,264.563
201509 1,171.045 98.500 1,274.477
201512 1,186.314 98.100 1,296.359
201603 1,174.881 97.900 1,286.489
201606 1,153.210 98.100 1,260.185
201609 1,168.703 98.000 1,278.418
201612 1,236.433 98.400 1,347.008
201703 1,271.084 98.100 1,388.993
201706 1,360.069 98.500 1,480.197
201709 1,382.515 98.800 1,500.057
201712 1,406.751 99.400 1,517.140
201803 1,431.920 99.200 1,547.397
201806 1,445.775 99.200 1,562.370
201809 1,465.810 99.900 1,572.921
201812 1,451.226 99.700 1,560.395
201903 1,472.377 99.700 1,583.138
201906 1,470.068 99.800 1,579.071
201909 1,462.816 100.100 1,566.572
201912 1,495.959 100.500 1,595.690
202003 1,511.958 100.300 1,615.971
202006 1,506.045 99.900 1,616.096
202009 1,503.406 99.900 1,613.264
202012 1,520.600 99.300 1,641.574
202103 1,548.557 99.900 1,661.715
202106 1,571.820 99.500 1,693.458
202109 1,523.971 100.100 1,632.065
202112 1,542.321 100.100 1,651.716
202203 1,554.509 101.100 1,648.302
202206 1,582.444 101.800 1,666.385
202209 1,577.123 103.100 1,639.841
202212 1,600.462 104.100 1,648.122
202303 1,560.739 104.400 1,602.598
202306 1,577.944 105.200 1,607.943
202309 1,558.691 106.200 1,573.368
202312 1,632.807 106.800 1,638.922
202403 1,649.863 107.200 1,649.863

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


AGRO-KANESHO Co  (TSE:4955) 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.

AGRO-KANESHO Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1130.00/1504.61
=0.75

* 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 AGRO-KANESHO Co was 2.32. The lowest was 0.73. And the median was 1.18.


Be Aware

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


AGRO-KANESHO Co Cyclically Adjusted Book per Share Related Terms

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


AGRO-KANESHO Co (TSE:4955) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Akasaka Shasta-East, Building 4-2-19 Akasaka, 4-2-19 Akasaka, Minato-ku, Tokyo, JPN, 1070052
AGRO-KANESHO Co Ltd is engaged in the business of producing and selling agrochemicals, home and garden-use chemicals and fertilizers.

AGRO-KANESHO Co (TSE:4955) Headlines

No Headlines