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CB Group Management Co (TSE:9852) Cyclically Adjusted Book per Share : 円9,514.99 (As of Dec. 2023)


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What is CB Group Management 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.

CB Group Management Co's adjusted book value per share for the three months ended in Dec. 2023 was 円10,919.271. 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9,514.99 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CB Group Management Co's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 CB Group Management Co was 5.00% per year. The lowest was 3.90% per year. And the median was 4.20% per year.

As of today (2024-06-10), CB Group Management Co's current stock price is 円4875.00. CB Group Management Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円9,514.99. CB Group Management Co's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CB Group Management Co was 0.55. The lowest was 0.23. And the median was 0.35.


CB Group Management Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CB Group Management 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.

CB Group Management Co Cyclically Adjusted Book per Share Chart

CB Group Management 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 7,563.69 7,863.32 8,153.74 8,545.88 9,107.70

CB Group Management 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 9,019.27 9,107.70 9,242.06 9,395.51 9,514.99

Competitive Comparison of CB Group Management Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, CB Group Management 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.


CB Group Management Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CB Group Management Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CB Group Management Co's Cyclically Adjusted PB Ratio falls into.



CB Group Management 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, CB Group Management 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)
=10919.271/106.8000*106.8000
=10,919.271

Current CPI (Dec. 2023) = 106.8000.

CB Group Management Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 7,490.463 95.700 8,359.263
201406 7,378.019 98.000 8,040.535
201409 7,217.776 98.500 7,825.974
201412 6,938.716 97.900 7,569.508
201503 6,922.863 97.900 7,552.214
201506 7,078.566 98.400 7,682.834
201509 6,972.488 98.500 7,560.017
201512 7,141.849 98.100 7,775.224
201603 7,679.958 97.900 8,378.136
201606 7,806.652 98.100 8,498.985
201609 7,946.885 98.000 8,660.483
201612 8,169.325 98.400 8,866.706
201703 8,308.624 98.100 9,045.474
201706 8,617.229 98.500 9,343.351
201709 8,610.457 98.800 9,307.660
201712 8,809.744 99.400 9,465.600
201803 9,092.933 99.200 9,789.569
201806 9,223.578 99.200 9,930.223
201809 9,176.159 99.900 9,809.948
201812 8,901.803 99.700 9,535.733
201903 9,190.324 99.700 9,844.800
201906 9,095.352 99.800 9,733.303
201909 9,179.248 100.100 9,793.643
201912 9,320.572 100.500 9,904.847
202003 9,327.082 100.300 9,931.529
202006 9,472.065 99.900 10,126.292
202009 9,578.222 99.900 10,239.781
202012 9,731.069 99.300 10,466.044
202103 9,887.767 99.900 10,570.706
202106 9,820.603 99.500 10,541.110
202109 9,709.636 100.100 10,359.532
202112 9,618.136 100.100 10,261.907
202203 10,027.694 101.100 10,593.054
202206 10,181.008 101.800 10,681.058
202209 10,319.720 103.100 10,690.069
202212 10,521.218 104.100 10,794.103
202303 10,396.478 104.400 10,635.477
202306 10,591.308 105.200 10,752.393
202309 10,702.639 106.200 10,763.106
202312 10,919.271 106.800 10,919.271

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


CB Group Management Co  (TSE:9852) 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.

CB Group Management Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4875.00/9514.99
=0.51

* 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 CB Group Management Co was 0.55. The lowest was 0.23. 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.


CB Group Management Co Cyclically Adjusted Book per Share Related Terms

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


CB Group Management Co (TSE:9852) Business Description

Traded in Other Exchanges
N/A
Address
2-2-3 Minami-Aoyama, 9th Floor, Hulic Aoyama Gaien Higashidori Building, Minato-ku, Tokyo, JPN, 107-0062
CB Group Management Co Ltd is a Japanese company, through its subsidiaries, is engaged in trading of daily necessities and miscellaneous goods. The business model of the company covers creation, wholesale and marketing. The organization offers medical hygiene products, pharmaceutical products, cosmetics, and detergent, among others.

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