GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chuo Spring Co Ltd (TSE:5992) » Definitions » Cyclically Adjusted Book per Share

Chuo Spring Co (TSE:5992) Cyclically Adjusted Book per Share : 円2,426.91 (As of Dec. 2023)


View and export this data going back to 1985. Start your Free Trial

What is Chuo Spring 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.

Chuo Spring Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,822.335. 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2,426.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chuo Spring Co's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Chuo Spring Co was 4.60% per year. The lowest was 2.50% per year. And the median was 3.30% per year.

As of today (2024-06-09), Chuo Spring Co's current stock price is 円1097.00. Chuo Spring Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,426.91. Chuo Spring Co's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chuo Spring Co was 0.67. The lowest was 0.28. And the median was 0.36.


Chuo Spring Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chuo Spring 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.

Chuo Spring Co Cyclically Adjusted Book per Share Chart

Chuo Spring Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,976.84 2,031.64 2,072.18 2,180.03 2,324.36

Chuo Spring Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,304.99 2,324.36 2,356.68 2,397.14 2,426.91

Competitive Comparison of Chuo Spring Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Chuo Spring 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.


Chuo Spring Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chuo Spring Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chuo Spring 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, Chuo Spring 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)
=2822.335/106.8000*106.8000
=2,822.335

Current CPI (Dec. 2023) = 106.8000.

Chuo Spring Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,872.784 95.700 2,090.003
201406 1,890.462 98.000 2,060.218
201409 1,959.320 98.500 2,124.420
201412 2,063.604 97.900 2,251.204
201503 2,229.506 97.900 2,432.188
201506 2,375.570 98.400 2,578.363
201509 2,257.553 98.500 2,447.783
201512 2,184.784 98.100 2,378.542
201603 1,977.154 97.900 2,156.895
201606 1,879.143 98.100 2,045.795
201609 1,950.213 98.000 2,125.334
201612 2,099.298 98.400 2,278.506
201703 2,051.666 98.100 2,233.618
201706 2,056.813 98.500 2,230.128
201709 2,122.600 98.800 2,294.470
201712 2,184.895 99.400 2,347.553
201803 2,184.490 99.200 2,351.850
201806 2,208.081 99.200 2,377.248
201809 2,227.764 99.900 2,381.634
201812 2,162.377 99.700 2,316.368
201903 2,174.533 99.700 2,329.389
201906 2,182.676 99.800 2,335.770
201909 2,218.427 100.100 2,366.913
201912 2,283.481 100.500 2,426.625
202003 2,156.398 100.300 2,296.145
202006 2,153.711 99.900 2,302.466
202009 2,165.871 99.900 2,315.466
202012 2,258.921 99.300 2,429.534
202103 2,429.711 99.900 2,597.529
202106 2,484.591 99.500 2,666.878
202109 2,493.778 100.100 2,660.694
202112 2,551.329 100.100 2,722.097
202203 2,692.838 101.100 2,844.660
202206 2,676.981 101.800 2,808.463
202209 2,652.891 103.100 2,748.097
202212 2,576.305 104.100 2,643.126
202303 2,543.481 104.400 2,601.952
202306 2,725.530 105.200 2,766.983
202309 2,872.873 106.200 2,889.104
202312 2,822.335 106.800 2,822.335

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


Chuo Spring Co  (TSE:5992) 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.

Chuo Spring Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1097.00/2426.91
=0.45

* 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 Chuo Spring Co was 0.67. The lowest was 0.28. And the median was 0.36.


Be Aware

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


Chuo Spring Co Cyclically Adjusted Book per Share Related Terms

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


Chuo Spring Co (TSE:5992) Business Description

Traded in Other Exchanges
N/A
Address
68 Kamishiota, Narumi-cho, Midori-ku, Nagoya, JPN, 458-8505
Chuo Spring Co Ltd engages in the manufacture and sale of springs, control cables, and automobile supplies. It provides chassis springs, precise springs, cables, gold-plating processing and automobile supplies, as well as design and development services for automobile supplies and reels. Its products include various springs for automobiles, industrial machines, precision machines and aircraft; automotive control cables; and control cable application to buildings, agricultural machines, ships, and housings.

Chuo Spring Co (TSE:5992) Headlines

No Headlines