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Vector (TSE:6058) Cyclically Adjusted Book per Share : 円230.20 (As of Feb. 2024)


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What is Vector 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.

Vector's adjusted book value per share for the three months ended in Feb. 2024 was 円344.758. 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230.20 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Vector's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.70% 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 Vector was -11.70% per year. The lowest was -11.70% per year. And the median was -11.70% per year.

As of today (2024-06-05), Vector's current stock price is 円1313.00. Vector's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円230.20. Vector's Cyclically Adjusted PB Ratio of today is 5.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vector was 8.62. The lowest was 1.64. And the median was 5.86.


Vector Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vector'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.

Vector Cyclically Adjusted Book per Share Chart

Vector Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 334.50 171.50 198.99 230.20

Vector Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 198.99 206.91 214.57 223.34 230.20

Competitive Comparison of Vector's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, Vector'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.


Vector's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Vector 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, Vector's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=344.758/106.9000*106.9000
=344.758

Current CPI (Feb. 2024) = 106.9000.

Vector Quarterly Data

Book Value per Share CPI Adj_Book
201405 64.587 98.100 70.381
201408 69.024 98.300 75.063
201411 115.446 97.900 126.059
201502 125.079 97.600 136.997
201505 125.917 98.700 136.378
201508 129.625 98.400 140.822
201511 135.923 98.100 148.116
201602 140.541 97.800 153.618
201605 154.787 98.200 168.500
201608 161.550 97.900 176.401
201611 173.421 98.600 188.019
201702 189.004 98.100 205.958
201705 191.888 98.600 208.041
201708 202.524 98.500 219.795
201711 218.360 99.100 235.547
201802 227.514 99.500 244.435
201805 231.736 99.300 249.472
201808 244.177 99.800 261.548
201811 248.677 100.000 265.836
201902 225.330 99.700 241.603
201905 223.575 100.000 239.002
201908 208.415 100.000 222.796
201911 223.008 100.500 237.210
202002 164.469 100.300 175.291
202005 318.438 100.100 340.070
202008 265.287 100.100 283.308
202011 265.295 99.500 285.025
202102 249.905 99.800 267.684
202105 254.730 99.400 273.950
202108 251.646 99.700 269.819
202111 263.770 100.100 281.688
202202 259.471 100.700 275.446
202205 269.371 101.800 282.866
202208 259.554 102.700 270.169
202211 276.209 103.900 284.184
202302 271.574 104.000 279.147
202305 292.759 105.100 297.773
202308 306.612 105.900 309.507
202311 335.747 106.900 335.747
202402 344.758 106.900 344.758

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


Vector  (TSE:6058) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1313.00/230.2
=5.70

* 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 Vector was 8.62. The lowest was 1.64. And the median was 5.86.


Be Aware

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


Vector Cyclically Adjusted Book per Share Related Terms

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


Vector (TSE:6058) Business Description

Traded in Other Exchanges
N/A
Address
4-15-1 Akasaka, Minato-ku, Akasaka Garden City, 18th Floor, Tokyo, JPN, 107-0052
Vector Inc is a Japanese-based company involved in four main businesses which are public relation (PR), Digital PR, Facebook marketing and Facebook marketing business. The company provides various services as per the requirements of companies and consumers. In addition, it also offers other services covering areas such as management, finance, accounting, human resources, administration, internal controls, and audits.

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