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Iino Kaiun Kaisha (TSE:9119) Cyclically Adjusted Book per Share : 円778.04 (As of Dec. 2023)


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What is Iino Kaiun Kaisha 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.

Iino Kaiun Kaisha's adjusted book value per share for the three months ended in Dec. 2023 was 円1,179.294. 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778.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Iino Kaiun Kaisha'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 Iino Kaiun Kaisha was 6.80% per year. The lowest was 3.30% per year. And the median was 4.30% per year.

As of today (2024-05-24), Iino Kaiun Kaisha's current stock price is 円1309.00. Iino Kaiun Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円778.04. Iino Kaiun Kaisha's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Iino Kaiun Kaisha was 1.72. The lowest was 0.45. And the median was 0.90.


Iino Kaiun Kaisha Cyclically Adjusted Book per Share Historical Data

The historical data trend for Iino Kaiun Kaisha'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.

Iino Kaiun Kaisha Cyclically Adjusted Book per Share Chart

Iino Kaiun Kaisha 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 592.98 612.43 650.76 721.81 -

Iino Kaiun Kaisha 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 721.81 740.56 760.68 778.04 -

Competitive Comparison of Iino Kaiun Kaisha's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Iino Kaiun Kaisha'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.


Iino Kaiun Kaisha's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Iino Kaiun Kaisha 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, Iino Kaiun Kaisha'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)
=1179.294/106.8000*106.8000
=1,179.294

Current CPI (Dec. 2023) = 106.8000.

Iino Kaiun Kaisha Quarterly Data

Book Value per Share CPI Adj_Book
201403 525.394 95.700 586.333
201406 539.776 98.000 588.246
201409 562.944 98.500 610.380
201412 584.210 97.900 637.320
201503 593.714 97.900 647.688
201506 617.828 98.400 670.569
201509 607.069 98.500 658.223
201512 620.793 98.100 675.848
201603 587.519 97.900 640.930
201606 577.769 98.100 629.008
201609 586.456 98.000 639.117
201612 617.086 98.400 669.764
201703 619.182 98.100 674.094
201706 628.284 98.500 681.226
201709 655.174 98.800 708.225
201712 661.779 99.400 711.046
201803 653.306 99.200 703.358
201806 684.098 99.200 736.509
201809 703.208 99.900 751.778
201812 689.976 99.700 739.112
201903 689.255 99.700 738.339
201906 668.888 99.800 715.804
201909 675.768 100.100 720.999
201912 694.765 100.500 738.317
202003 692.629 100.300 737.515
202006 710.057 99.900 759.100
202009 718.005 99.900 767.597
202012 743.552 99.300 799.712
202103 753.558 99.900 805.606
202106 752.689 99.500 807.911
202109 793.688 100.100 846.812
202112 819.197 100.100 874.028
202203 863.003 101.100 911.659
202206 898.540 101.800 942.673
202209 1,001.824 103.100 1,037.777
202212 1,018.941 104.100 1,045.369
202303 1,046.000 104.400 1,070.046
202306 1,079.250 105.200 1,095.664
202309 1,161.969 106.200 1,168.534
202312 1,179.294 106.800 1,179.294

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


Iino Kaiun Kaisha  (TSE:9119) 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.

Iino Kaiun Kaisha's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1309.00/778.04
=1.68

* 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 Iino Kaiun Kaisha was 1.72. The lowest was 0.45. And the median was 0.90.


Be Aware

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


Iino Kaiun Kaisha Cyclically Adjusted Book per Share Related Terms

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


Iino Kaiun Kaisha (TSE:9119) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Iino Building, 2-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
Iino Kaiun Kaisha Ltd is a transportation and logistics company domiciled in Japan. The company organises itself into three segments: oceangoing shipping, regional shipping, and real estate. The oceangoing shipping segment, which generates the majority of revenue, owns and operates oil and chemical tankers, large gas carriers to transport liquefied natural and liquefied petroleum gas, and dry bulk carriers. The regional shipping segment operates small gas carriers. The real estate segment invest in and leases office buildings.

Iino Kaiun Kaisha (TSE:9119) Headlines

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