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Maruwn (TSE:9067) Cyclically Adjusted Book per Share : 円807.37 (As of Dec. 2023)


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What is Maruwn 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.

Maruwn's adjusted book value per share for the three months ended in Dec. 2023 was 円843.780. 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807.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Maruwn's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Maruwn was 3.20% per year. The lowest was 2.30% per year. And the median was 2.40% per year.

As of today (2024-06-05), Maruwn's current stock price is 円371.00. Maruwn's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円807.37. Maruwn's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maruwn was 0.55. The lowest was 0.27. And the median was 0.35.


Maruwn Cyclically Adjusted Book per Share Historical Data

The historical data trend for Maruwn'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.

Maruwn Cyclically Adjusted Book per Share Chart

Maruwn 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 691.59 709.06 720.37 742.74 779.49

Maruwn 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 774.23 779.49 788.59 799.48 807.37

Competitive Comparison of Maruwn's Cyclically Adjusted Book per Share

For the Trucking subindustry, Maruwn'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.


Maruwn's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Maruwn's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maruwn 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, Maruwn'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)
=843.78/106.8000*106.8000
=843.780

Current CPI (Dec. 2023) = 106.8000.

Maruwn Quarterly Data

Book Value per Share CPI Adj_Book
201403 659.636 95.700 736.146
201406 668.150 98.000 728.147
201409 668.912 98.500 725.277
201412 672.858 97.900 734.027
201503 669.334 97.900 730.183
201506 673.315 98.400 730.793
201509 654.485 98.500 709.634
201512 690.553 98.100 751.795
201603 695.863 97.900 759.123
201606 686.759 98.100 747.664
201609 688.767 98.000 750.615
201612 702.128 98.400 762.066
201703 713.111 98.100 776.353
201706 715.327 98.500 775.603
201709 726.057 98.800 784.847
201712 742.396 99.400 797.665
201803 746.011 99.200 803.165
201806 752.658 99.200 810.321
201809 764.150 99.900 816.929
201812 767.543 99.700 822.203
201903 774.040 99.700 829.162
201906 776.048 99.800 830.480
201909 777.848 100.100 829.912
201912 789.168 100.500 838.638
202003 786.646 100.300 837.625
202006 787.304 99.900 841.682
202009 789.381 99.900 843.903
202012 798.693 99.300 859.017
202103 815.606 99.900 871.939
202106 814.083 99.500 873.810
202109 816.056 100.100 870.677
202112 813.390 100.100 867.833
202203 823.092 101.100 869.498
202206 825.931 101.800 866.497
202209 827.627 103.100 857.328
202212 832.785 104.100 854.385
202303 836.573 104.400 855.805
202306 837.923 105.200 850.667
202309 844.812 106.200 849.585
202312 843.780 106.800 843.780

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


Maruwn  (TSE:9067) 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.

Maruwn's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=371.00/807.37
=0.46

* 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 Maruwn was 0.55. The lowest was 0.27. And the median was 0.35.


Be Aware

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


Maruwn Cyclically Adjusted Book per Share Related Terms

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


Maruwn (TSE:9067) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 7 No. 2, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0016
Maruwn Corp is engaged in the logistics business in Japan. It offers various logistics services including general cargo such as daily goods, special cargo such as heavy goods and long items, liquid hazardous goods such as petroleum products and lubricants, multi-temperature range products such as foods and medical equipment.

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