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OSAKA Titanium technologies Co (TSE:5726) Cyclically Adjusted Book per Share : 円998.82 (As of Dec. 2023)


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What is OSAKA Titanium technologies 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.

OSAKA Titanium technologies Co's adjusted book value per share for the three months ended in Dec. 2023 was 円936.179. 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998.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, OSAKA Titanium technologies 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 OSAKA Titanium technologies Co was -2.90% per year. The lowest was -3.10% per year. And the median was -2.90% per year.

As of today (2024-06-10), OSAKA Titanium technologies Co's current stock price is 円2791.00. OSAKA Titanium technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円998.82. OSAKA Titanium technologies Co's Cyclically Adjusted PB Ratio of today is 2.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OSAKA Titanium technologies Co was 4.46. The lowest was 0.70. And the median was 1.48.


OSAKA Titanium technologies Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for OSAKA Titanium technologies 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.

OSAKA Titanium technologies Co Cyclically Adjusted Book per Share Chart

OSAKA Titanium technologies 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 1,100.43 1,058.29 1,025.14 1,005.97 -

OSAKA Titanium technologies 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 1,005.97 1,001.40 1,002.05 998.82 -

Competitive Comparison of OSAKA Titanium technologies Co's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, OSAKA Titanium technologies 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.


OSAKA Titanium technologies Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, OSAKA Titanium technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OSAKA Titanium technologies 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, OSAKA Titanium technologies 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)
=936.179/106.8000*106.8000
=936.179

Current CPI (Dec. 2023) = 106.8000.

OSAKA Titanium technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,117.672 95.700 1,247.308
201406 1,148.896 98.000 1,252.062
201409 1,153.489 98.500 1,250.687
201412 1,162.429 97.900 1,268.104
201503 1,183.164 97.900 1,290.724
201506 1,174.033 98.400 1,274.255
201509 1,174.604 98.500 1,273.581
201512 1,151.695 98.100 1,253.833
201603 919.106 97.900 1,002.661
201606 899.595 98.100 979.376
201609 893.399 98.000 973.623
201612 911.660 98.400 989.485
201703 937.422 98.100 1,020.557
201706 937.775 98.500 1,016.796
201709 940.411 98.800 1,016.558
201712 966.010 99.400 1,037.926
201803 984.084 99.200 1,059.478
201806 968.676 99.200 1,042.889
201809 978.920 99.900 1,046.533
201812 749.211 99.700 802.565
201903 932.207 99.700 998.593
201906 927.098 99.800 992.125
201909 939.028 100.100 1,001.880
201912 941.935 100.500 1,000.982
202003 948.947 100.300 1,010.444
202006 884.379 99.900 945.462
202009 863.128 99.900 922.743
202012 830.872 99.300 893.627
202103 807.257 99.900 863.013
202106 790.952 99.500 848.982
202109 780.326 100.100 832.556
202112 773.506 100.100 825.279
202203 720.352 101.100 760.965
202206 742.119 101.800 778.569
202209 779.348 103.100 807.317
202212 764.973 104.100 784.814
202303 828.132 104.400 847.170
202306 859.464 105.200 872.536
202309 925.473 106.200 930.702
202312 936.179 106.800 936.179

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


OSAKA Titanium technologies Co  (TSE:5726) 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.

OSAKA Titanium technologies Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2791.00/998.82
=2.79

* 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 OSAKA Titanium technologies Co was 4.46. The lowest was 0.70. And the median was 1.48.


Be Aware

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


OSAKA Titanium technologies Co Cyclically Adjusted Book per Share Related Terms

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


OSAKA Titanium technologies Co (TSE:5726) Business Description

Traded in Other Exchanges
Address
1 Higashihama-cho, Amagasaki, Hyogo, JPN, 660-8533
OSAKA Titanium technologies Co Ltd is a Japanese producer of titanium and silicon products. The Titanium Business, Osaka's largest segment accounting for more than half consolidated revenue, principally manufactures titanium sponge and titanium ingot. The Polycrystalline Silicon Business is the next largest segment, and manufactures polycrystalline silicon used in semiconductors. The majority of sales are generated domestically, with the United States, Germany, United Kingdom, with greater Asia comprising the remainder. The company sells its products mainly to the aerospace and electronics industries.

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