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GSI Creos (TSE:8101) Cyclically Adjusted Book per Share : 円1,705.41 (As of Dec. 2023)


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What is GSI Creos 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.

GSI Creos's adjusted book value per share for the three months ended in Dec. 2023 was 円2,230.338. 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1,705.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GSI Creos's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 GSI Creos was 9.20% per year. The lowest was 6.70% per year. And the median was 7.60% per year.

As of today (2024-06-10), GSI Creos's current stock price is 円2166.00. GSI Creos's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,705.41. GSI Creos's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GSI Creos was 1.44. The lowest was 0.36. And the median was 0.76.


GSI Creos Cyclically Adjusted Book per Share Historical Data

The historical data trend for GSI Creos'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.

GSI Creos Cyclically Adjusted Book per Share Chart

GSI Creos 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 1,157.77 1,225.33 1,317.80 1,441.99 1,594.80

GSI Creos 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 1,565.34 1,594.80 1,631.20 1,671.60 1,705.41

Competitive Comparison of GSI Creos's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, GSI Creos'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.


GSI Creos's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GSI Creos's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GSI Creos 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, GSI Creos'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)
=2230.338/106.8000*106.8000
=2,230.338

Current CPI (Dec. 2023) = 106.8000.

GSI Creos Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,147.556 95.700 1,280.658
201406 1,149.113 98.000 1,252.299
201409 1,166.004 98.500 1,264.256
201412 1,205.779 97.900 1,315.395
201503 1,246.526 97.900 1,359.847
201506 1,235.627 98.400 1,341.107
201509 1,249.951 98.500 1,355.277
201512 1,257.658 98.100 1,369.193
201603 1,232.605 97.900 1,344.660
201606 1,179.451 98.100 1,284.051
201609 1,215.326 98.000 1,324.457
201612 1,286.301 98.400 1,396.107
201703 1,391.842 98.100 1,515.278
201706 1,372.470 98.500 1,488.120
201709 1,431.284 98.800 1,547.177
201712 1,495.056 99.400 1,606.358
201803 1,466.038 99.200 1,578.355
201806 1,468.286 99.200 1,580.776
201809 1,491.847 99.900 1,594.887
201812 1,477.896 99.700 1,583.142
201903 1,503.380 99.700 1,610.441
201906 1,506.388 99.800 1,612.046
201909 1,519.450 100.100 1,621.151
201912 1,540.191 100.500 1,636.740
202003 1,532.853 100.300 1,632.190
202006 1,797.686 99.900 1,921.850
202009 1,847.362 99.900 1,974.958
202012 1,889.850 99.300 2,032.588
202103 1,852.061 99.900 1,979.981
202106 1,958.601 99.500 2,102.297
202109 2,045.247 100.100 2,182.142
202112 2,054.029 100.100 2,191.511
202203 2,000.033 101.100 2,112.795
202206 2,044.663 101.800 2,145.088
202209 2,081.297 103.100 2,155.990
202212 2,116.463 104.100 2,171.357
202303 2,114.431 104.400 2,163.039
202306 2,106.928 105.200 2,138.973
202309 2,207.154 106.200 2,219.624
202312 2,230.338 106.800 2,230.338

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


GSI Creos  (TSE:8101) 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.

GSI Creos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2166.00/1705.41
=1.27

* 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 GSI Creos was 1.44. The lowest was 0.36. And the median was 0.76.


Be Aware

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


GSI Creos Cyclically Adjusted Book per Share Related Terms

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


GSI Creos (TSE:8101) Business Description

Traded in Other Exchanges
N/A
Address
Two-chome, 3-1 Kudan-minami, Tokyo, JPN
GSI Creos Corp is a Japan based company engaged in the business of textile materials, industrial products, and nanotechnology. The products of the company include innerwear, outerwear, women's casual brand, composite molded article, and functional base paper.

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