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Pacific Industrial Co (TSE:7250) Cyclically Adjusted Book per Share : 円1,785.62 (As of Dec. 2023)


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What is Pacific Industrial 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.

Pacific Industrial Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,621.257. 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1,785.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pacific Industrial Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Pacific Industrial Co was 10.60% per year. The lowest was 8.00% per year. And the median was 8.90% per year.

As of today (2024-05-14), Pacific Industrial Co's current stock price is 円1535.00. Pacific Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,785.62. Pacific Industrial Co's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pacific Industrial Co was 1.78. The lowest was 0.60. And the median was 0.89.


Pacific Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pacific Industrial 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.

Pacific Industrial Co Cyclically Adjusted Book per Share Chart

Pacific Industrial Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,211.41 1,304.30 1,449.71 1,638.90 -

Pacific Industrial 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 1,638.90 1,686.21 1,739.86 1,785.62 -

Competitive Comparison of Pacific Industrial Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Pacific Industrial 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.


Pacific Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pacific Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pacific Industrial 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, Pacific Industrial 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)
=2621.257/106.8000*106.8000
=2,621.257

Current CPI (Dec. 2023) = 106.8000.

Pacific Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,082.123 95.700 1,207.636
201406 1,088.126 98.000 1,185.835
201409 1,143.859 98.500 1,240.245
201412 1,255.791 97.900 1,369.954
201503 1,388.291 97.900 1,514.499
201506 1,407.983 98.400 1,528.177
201509 1,378.800 98.500 1,494.983
201512 1,410.871 98.100 1,535.994
201603 1,343.096 97.900 1,465.196
201606 1,261.284 98.100 1,373.141
201609 1,297.508 98.000 1,414.019
201612 1,417.980 98.400 1,539.027
201703 1,408.340 98.100 1,533.239
201706 1,409.456 98.500 1,528.222
201709 1,468.818 98.800 1,587.751
201712 1,516.582 99.400 1,629.486
201803 1,512.777 99.200 1,628.675
201806 1,531.868 99.200 1,649.229
201809 1,584.846 99.900 1,694.310
201812 1,558.795 99.700 1,669.802
201903 1,594.607 99.700 1,708.165
201906 1,591.358 99.800 1,702.976
201909 1,609.580 100.100 1,717.314
201912 1,645.593 100.500 1,748.750
202003 1,617.017 100.300 1,721.809
202006 1,582.159 99.900 1,691.437
202009 1,616.869 99.900 1,728.545
202012 1,690.060 99.300 1,817.708
202103 1,848.358 99.900 1,976.022
202106 1,923.827 99.500 2,064.972
202109 1,962.429 100.100 2,093.780
202112 2,026.661 100.100 2,162.312
202203 2,139.792 101.100 2,260.433
202206 2,254.639 101.800 2,365.378
202209 2,315.850 103.100 2,398.960
202212 2,265.843 104.100 2,324.611
202303 2,310.654 104.400 2,363.772
202306 2,478.589 105.200 2,516.286
202309 2,636.129 106.200 2,651.022
202312 2,621.257 106.800 2,621.257

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


Pacific Industrial Co  (TSE:7250) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1535.00/1785.62
=0.86

* 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 Pacific Industrial Co was 1.78. The lowest was 0.60. And the median was 0.89.


Be Aware

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


Pacific Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Pacific Industrial Co (TSE:7250) Business Description

Traded in Other Exchanges
N/A
Address
100 Kyutoku-Cho, Ogaki, Gifu, JPN, 503-8603
Pacific Industrial Co Ltd is a manufacturer and developer of automotive parts and electronic parts and technology. The firm has Tire valve business, Stamping and Molding business, Control devices business and TPMS business segments. Its products and services include tire pressure, tire valve products, stamping and moulding products, control devices products and IC modules.

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