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Plat'Home Co (TSE:6836) Cyclically Adjusted Book per Share : 円680.74 (As of Dec. 2023)


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What is Plat'Home 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.

Plat'Home Co's adjusted book value per share for the three months ended in Dec. 2023 was 円243.112. 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680.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Plat'Home Co's average Cyclically Adjusted Book Growth Rate was -12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.30% 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 Plat'Home Co was -13.40% per year. The lowest was -13.70% per year. And the median was -13.70% per year.

As of today (2024-05-17), Plat'Home Co's current stock price is 円699.00. Plat'Home Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円680.74. Plat'Home Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Plat'Home Co was 2.59. The lowest was 0.62. And the median was 1.24.


Plat'Home Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Plat'Home 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.

Plat'Home Co Cyclically Adjusted Book per Share Chart

Plat'Home 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 1,325.62 1,168.64 986.26 851.13 751.79

Plat'Home 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 779.56 751.79 728.59 706.18 680.74

Competitive Comparison of Plat'Home Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Plat'Home 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.


Plat'Home Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Plat'Home Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Plat'Home 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, Plat'Home 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)
=243.112/106.8000*106.8000
=243.112

Current CPI (Dec. 2023) = 106.8000.

Plat'Home Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,250.509 95.700 1,395.552
201406 1,216.557 98.000 1,325.799
201409 1,184.966 98.500 1,284.816
201412 1,154.128 97.900 1,259.049
201503 1,130.932 97.900 1,233.744
201506 1,075.778 98.400 1,167.613
201509 1,027.604 98.500 1,114.194
201512 981.398 98.100 1,068.433
201603 944.579 97.900 1,030.450
201606 875.249 98.100 952.870
201609 833.316 98.000 908.144
201612 799.341 98.400 867.577
201703 773.396 98.100 841.985
201706 742.508 98.500 805.075
201709 728.461 98.800 787.446
201712 717.667 99.400 771.095
201803 687.524 99.200 740.197
201806 652.740 99.200 702.748
201809 614.108 99.900 656.524
201812 574.909 99.700 615.850
201903 558.170 99.700 597.919
201906 521.268 99.800 557.830
201909 492.623 100.100 525.596
201912 450.640 100.500 478.889
202003 439.842 100.300 468.346
202006 399.992 99.900 427.619
202009 374.622 99.900 400.497
202012 359.188 99.300 386.317
202103 340.454 99.900 363.969
202106 304.252 99.500 326.574
202109 364.515 100.100 388.913
202112 355.269 100.100 379.048
202203 347.505 101.100 367.097
202206 331.598 101.800 347.885
202209 293.346 103.100 303.873
202212 269.414 104.100 276.402
202303 305.737 104.400 312.765
202306 282.864 105.200 287.166
202309 258.998 106.200 260.461
202312 243.112 106.800 243.112

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


Plat'Home Co  (TSE:6836) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=699.00/680.74
=1.03

* 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 Plat'Home Co was 2.59. The lowest was 0.62. And the median was 1.24.


Be Aware

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


Plat'Home Co Cyclically Adjusted Book per Share Related Terms

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


Plat'Home Co (TSE:6836) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plat'Home Co Ltd (TSE:6836) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Nihon Building Kudan Bekkan 3rd floor, Chiyoda-ku, Tokyo, JPN, 102-0073
Plat'Home Co Ltd develops, manufactures, and sells computers related products in Japan. The company offers micro-servers and IA server storage products, which include OpenBlocks IoT BX1G, an Internet of Things gateway for connecting various sensors, beacons, and devices to the cloud.

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