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YASKAWA Electric (TSE:6506) Cyclically Adjusted Book per Share : 円972.60 (As of Feb. 2024)


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What is YASKAWA Electric 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.

YASKAWA Electric's adjusted book value per share for the three months ended in Feb. 2024 was 円1,527.783. 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972.60 for the trailing ten years ended in Feb. 2024.

During the past 12 months, YASKAWA Electric's average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 YASKAWA Electric was 12.70% per year. The lowest was 9.20% per year. And the median was 10.80% per year.

As of today (2024-06-14), YASKAWA Electric's current stock price is 円6073.00. YASKAWA Electric's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円972.60. YASKAWA Electric's Cyclically Adjusted PB Ratio of today is 6.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YASKAWA Electric was 8.89. The lowest was 3.92. And the median was 6.31.


YASKAWA Electric Cyclically Adjusted Book per Share Historical Data

The historical data trend for YASKAWA Electric'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.

YASKAWA Electric Cyclically Adjusted Book per Share Chart

YASKAWA Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 629.75 678.57 750.53 857.60 972.60

YASKAWA Electric 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 857.60 888.22 917.51 948.79 972.60

Competitive Comparison of YASKAWA Electric's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.


YASKAWA Electric's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



YASKAWA Electric 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, YASKAWA Electric'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)
=1527.783/106.9000*106.9000
=1,527.783

Current CPI (Feb. 2024) = 106.9000.

YASKAWA Electric Quarterly Data

Book Value per Share CPI Adj_Book
201403 532.851 95.700 595.212
201406 546.403 98.000 596.025
201409 594.794 98.500 645.518
201412 643.153 97.900 702.278
201503 658.545 97.900 719.085
201506 673.736 98.400 731.935
201509 684.659 98.500 743.046
201512 704.490 98.100 767.686
201603 680.765 97.900 743.348
201606 676.770 98.100 737.479
201609 671.693 98.000 732.694
201612 714.623 98.400 776.354
201703 745.440 98.100 812.309
201706 773.634 98.500 839.609
201709 827.813 98.800 895.680
201712 852.506 99.400 916.830
201805 879.298 99.300 946.596
201808 907.726 99.800 972.304
201811 927.543 100.000 991.543
201902 924.769 99.700 991.553
201905 876.372 100.000 936.842
201908 870.869 100.000 930.959
201911 871.733 100.500 927.246
202002 873.692 100.300 931.183
202005 846.199 100.100 903.683
202008 878.753 100.100 938.449
202011 897.152 99.500 963.875
202102 942.104 99.800 1,009.127
202105 997.119 99.400 1,072.354
202108 1,033.615 99.700 1,108.259
202111 1,078.187 100.100 1,151.430
202202 1,114.072 100.700 1,182.664
202205 1,164.352 101.800 1,222.684
202208 1,251.012 102.700 1,302.173
202211 1,255.250 103.900 1,291.494
202302 1,329.021 104.000 1,366.080
202305 1,359.303 105.100 1,382.583
202308 1,432.577 105.900 1,446.105
202311 1,452.033 106.900 1,452.033
202402 1,527.783 106.900 1,527.783

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


YASKAWA Electric  (TSE:6506) 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.

YASKAWA Electric's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6073.00/972.6
=6.24

* 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 YASKAWA Electric was 8.89. The lowest was 3.92. And the median was 6.31.


Be Aware

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


YASKAWA Electric Cyclically Adjusted Book per Share Related Terms

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


YASKAWA Electric (TSE:6506) Business Description

Traded in Other Exchanges
Address
2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004
Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

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