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Livesense (TSE:6054) Cyclically Adjusted Book per Share : 円131.99 (As of Mar. 2024)


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What is Livesense 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.

Livesense's adjusted book value per share for the three months ended in Mar. 2024 was 円150.146. 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131.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Livesense's average Cyclically Adjusted Book Growth Rate was 6.10% 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.

As of today (2024-05-31), Livesense's current stock price is 円219.00. Livesense's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円131.99. Livesense's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Livesense was 2.83. The lowest was 1.15. And the median was 1.96.


Livesense Cyclically Adjusted Book per Share Historical Data

The historical data trend for Livesense'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.

Livesense Cyclically Adjusted Book per Share Chart

Livesense 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 - - 112.36 122.87 130.51

Livesense 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 124.45 126.53 128.83 130.51 131.99

Competitive Comparison of Livesense's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Livesense'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.


Livesense's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Livesense's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Livesense 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, Livesense'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)
=150.146/107.2000*107.2000
=150.146

Current CPI (Mar. 2024) = 107.2000.

Livesense Quarterly Data

Book Value per Share CPI Adj_Book
201406 104.617 98.000 114.438
201409 108.432 98.500 118.009
201412 109.636 97.900 120.051
201503 107.019 97.900 117.185
201506 105.500 98.400 114.935
201509 103.990 98.500 113.175
201512 109.723 98.100 119.901
201603 113.190 97.900 123.942
201606 104.984 98.100 114.723
201609 107.684 98.000 117.793
201612 110.811 98.400 120.721
201703 112.852 98.100 123.320
201706 117.994 98.500 128.416
201709 119.196 98.800 129.330
201712 121.556 99.400 131.095
201803 124.232 99.200 134.251
201806 123.814 99.200 133.799
201809 127.445 99.900 136.758
201812 131.179 99.700 141.047
201903 133.171 99.700 143.189
201906 135.579 99.800 145.632
201909 133.821 100.100 143.313
201912 175.538 100.500 187.241
202003 167.346 100.300 178.858
202006 155.115 99.900 166.450
202009 141.188 99.900 151.505
202012 132.826 99.300 143.393
202103 121.372 99.900 130.241
202106 111.927 99.500 120.589
202109 105.051 100.100 112.502
202112 113.021 100.100 121.037
202203 102.656 101.100 108.850
202206 114.104 101.800 120.157
202209 121.475 103.100 126.306
202212 122.425 104.100 126.071
202303 125.254 104.400 128.613
202306 133.016 105.200 135.545
202309 139.913 106.200 141.230
202312 145.202 106.800 145.746
202403 150.146 107.200 150.146

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


Livesense  (TSE:6054) 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.

Livesense's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=219.00/131.99
=1.66

* 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 Livesense was 2.83. The lowest was 1.15. And the median was 1.96.


Be Aware

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


Livesense Cyclically Adjusted Book per Share Related Terms

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


Livesense (TSE:6054) Business Description

Traded in Other Exchanges
N/A
Address
2-25-2 Kami-Osaki, Meguro Building 5F, Tokyo, JPN
Livesense Inc is engaged in internet media operations. The company is organised into four principal operating divisions - HR information media, real estate information media, e-commerce, and other businesses. Through its human resource information media division, it operates part-time job sites, full-time career change site, career change review site and new graduates job hunting support site. The company operates rental information site and used real estate buying and selling services through its real estate division. Its other business division comprises overseas fashion site, media information site and competitive bidding-type career site.

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