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Sodick Co (TSE:6143) Cyclically Adjusted Book per Share : 円1,295.45 (As of Mar. 2024)


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What is Sodick 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.

Sodick Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,542.035. 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1,295.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sodick Co's average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Sodick Co was 10.30% per year. The lowest was 8.40% per year. And the median was 9.60% per year.

As of today (2024-05-28), Sodick Co's current stock price is 円714.00. Sodick Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,295.45. Sodick Co's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sodick Co was 2.15. The lowest was 0.54. And the median was 0.88.


Sodick Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sodick 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.

Sodick Co Cyclically Adjusted Book per Share Chart

Sodick Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 886.83 949.61 1,036.63 1,168.76 1,275.33

Sodick 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 1,191.95 1,221.14 1,252.02 1,275.33 1,295.45

Competitive Comparison of Sodick Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Sodick 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.


Sodick Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sodick Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sodick 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, Sodick 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)
=1542.035/107.2000*107.2000
=1,542.035

Current CPI (Mar. 2024) = 107.2000.

Sodick Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 824.539 98.000 901.945
201409 855.721 98.500 931.302
201412 939.685 97.900 1,028.950
201503 981.436 97.900 1,074.667
201506 1,002.403 98.400 1,092.049
201509 1,007.451 98.500 1,096.434
201512 1,005.801 98.100 1,099.102
201603 986.989 97.900 1,080.748
201606 870.330 98.100 951.064
201609 856.816 98.000 937.252
201612 917.192 98.400 999.217
201703 1,035.149 98.100 1,131.172
201706 1,048.862 98.500 1,141.503
201709 1,109.807 98.800 1,204.163
201712 0.000 99.400 0.000
201803 1,160.186 99.200 1,253.749
201806 1,205.616 99.200 1,302.843
201809 1,247.427 99.900 1,338.580
201812 1,235.412 99.700 1,328.347
201903 1,265.472 99.700 1,360.668
201906 1,225.406 99.800 1,316.268
201909 1,205.203 100.100 1,290.687
201912 1,247.027 100.500 1,330.162
202003 1,198.935 100.300 1,281.414
202006 1,206.567 99.900 1,294.735
202009 1,204.931 99.900 1,292.979
202012 1,230.479 99.300 1,328.372
202103 1,335.127 99.900 1,432.689
202106 1,331.207 99.500 1,434.225
202109 1,351.080 100.100 1,446.911
202112 1,376.293 100.100 1,473.912
202203 1,448.330 101.100 1,535.717
202206 1,548.917 101.800 1,631.080
202209 1,567.456 103.100 1,629.789
202212 1,548.241 104.100 1,594.346
202303 1,565.652 104.400 1,607.643
202306 1,619.982 105.200 1,650.780
202309 1,615.239 106.200 1,630.448
202312 1,518.970 106.800 1,524.659
202403 1,542.035 107.200 1,542.035

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


Sodick Co  (TSE:6143) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=714.00/1295.45
=0.55

* 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 Sodick Co was 2.15. The lowest was 0.54. And the median was 0.88.


Be Aware

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


Sodick Co Cyclically Adjusted Book per Share Related Terms

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


Sodick Co (TSE:6143) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-12-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-8522
Sodick Co Ltd is the manufacturer of electrical discharge machines (EDM). The company operates through three segments namely Machine tools operations, Industrial machinery operations, and Food processing machinery operations. It offers various machine tools products such as die-sinker, wire-cut, and small-hole drilling EDMs, horizontal injection molding machine, noodle producing the machine, powder mill, linear motor and linear motor drivers and many more.

Sodick Co (TSE:6143) Headlines

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