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MUTOH HOLDINGS Co (TSE:7999) Cyclically Adjusted Book per Share : 円5,106.29 (As of Dec. 2023)


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What is MUTOH HOLDINGS 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.

MUTOH HOLDINGS Co's adjusted book value per share for the three months ended in Dec. 2023 was 円4,841.501. 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5,106.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MUTOH HOLDINGS Co's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 MUTOH HOLDINGS Co was 1.90% per year. The lowest was 0.90% per year. And the median was 1.00% per year.

As of today (2024-05-22), MUTOH HOLDINGS Co's current stock price is 円2464.00. MUTOH HOLDINGS Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円5,106.29. MUTOH HOLDINGS Co's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MUTOH HOLDINGS Co was 0.54. The lowest was 0.24. And the median was 0.37.


MUTOH HOLDINGS Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for MUTOH HOLDINGS 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.

MUTOH HOLDINGS Co Cyclically Adjusted Book per Share Chart

MUTOH HOLDINGS 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 4,658.47 4,716.31 4,708.34 4,792.22 4,988.18

MUTOH HOLDINGS 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 4,967.20 4,988.18 5,030.69 5,080.78 5,106.29

Competitive Comparison of MUTOH HOLDINGS Co's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, MUTOH HOLDINGS 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.


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

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

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



MUTOH HOLDINGS 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, MUTOH HOLDINGS 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)
=4841.501/106.8000*106.8000
=4,841.501

Current CPI (Dec. 2023) = 106.8000.

MUTOH HOLDINGS Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4,513.342 95.700 5,036.833
201406 5,010.231 98.000 5,460.129
201409 5,181.537 98.500 5,618.154
201412 5,303.597 97.900 5,785.742
201503 5,266.555 97.900 5,745.333
201506 5,256.006 98.400 5,704.689
201509 5,207.088 98.500 5,645.858
201512 5,186.235 98.100 5,646.176
201603 5,038.426 97.900 5,496.465
201606 4,823.970 98.100 5,251.784
201609 4,805.591 98.000 5,237.113
201612 4,955.489 98.400 5,378.519
201703 4,940.885 98.100 5,379.067
201706 4,981.872 98.500 5,401.664
201709 4,992.326 98.800 5,396.563
201712 4,996.250 99.400 5,368.204
201803 4,875.750 99.200 5,249.295
201806 4,859.709 99.200 5,232.025
201809 4,899.261 99.900 5,237.648
201812 4,837.735 99.700 5,182.248
201903 4,728.846 99.700 5,065.604
201906 4,656.544 99.800 4,983.155
201909 4,639.183 100.100 4,949.698
201912 4,628.854 100.500 4,919.021
202003 4,480.715 100.300 4,771.090
202006 4,351.916 99.900 4,652.499
202009 4,367.961 99.900 4,669.652
202012 4,239.162 99.300 4,559.340
202103 4,283.029 99.900 4,578.854
202106 4,425.958 99.500 4,750.677
202109 4,452.744 100.100 4,750.780
202112 4,473.821 100.100 4,773.268
202203 4,485.750 101.100 4,738.656
202206 4,546.721 101.800 4,770.037
202209 4,622.386 103.100 4,788.272
202212 4,603.744 104.100 4,723.149
202303 4,727.458 104.400 4,836.135
202306 4,761.414 105.200 4,833.831
202309 4,815.689 106.200 4,842.896
202312 4,841.501 106.800 4,841.501

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


MUTOH HOLDINGS Co  (TSE:7999) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2464.00/5106.29
=0.48

* 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 MUTOH HOLDINGS Co was 0.54. The lowest was 0.24. And the median was 0.37.


Be Aware

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


MUTOH HOLDINGS Co Cyclically Adjusted Book per Share Related Terms

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


MUTOH HOLDINGS Co (TSE:7999) Business Description

Traded in Other Exchanges
N/A
Address
3-1-3, Ikejiri, Setagaya-ku, Tokyo, JPN, 141-8683
MUTOH HOLDINGS Co Ltd engages in the development, manufacture, sale, maintenance, and servicing of information imaging equipment. The company offers inkjet printers/plotters, pencil/pen plotters, 3D printers, cutting plotters, and image scanners. It also provides CAD/CAM information services, including 2D and 3D CAD systems, CAD/CAM peripheral software and system integration services, and IT and 3D solutions; drafting machines and optical measuring instruments; and merchandising products. In addition, the company imports and sells sports-related products, such as taping tapes, supporters, insoles, and fitness gear products; manages stores; and leases real estate properties.

MUTOH HOLDINGS Co (TSE:7999) Headlines

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