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KU Holdings Co (TSE:9856) Cyclically Adjusted Book per Share : 円1,466.56 (As of Dec. 2023)


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What is KU 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.

KU Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,925.672. 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1,466.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KU Holdings Co's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 KU Holdings Co was 7.90% per year. The lowest was 6.80% per year. And the median was 7.00% per year.

As of today (2024-05-30), KU Holdings Co's current stock price is 円1165.00. KU Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,466.56. KU Holdings Co's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KU Holdings Co was 1.22. The lowest was 0.68. And the median was 0.85.


KU Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for KU 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.

KU Holdings Co Cyclically Adjusted Book per Share Chart

KU 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 1,020.86 1,091.28 1,159.04 1,250.26 1,372.00

KU 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 1,347.76 1,372.00 1,402.51 1,436.84 1,466.56

Competitive Comparison of KU Holdings Co's Cyclically Adjusted Book per Share

For the Auto & Truck Dealerships subindustry, KU 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.


KU Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KU Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KU 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, KU 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)
=1925.672/106.8000*106.8000
=1,925.672

Current CPI (Dec. 2023) = 106.8000.

KU Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 974.768 95.700 1,087.829
201406 969.419 98.000 1,056.469
201409 990.198 98.500 1,073.636
201412 1,007.183 97.900 1,098.745
201503 1,043.719 97.900 1,138.603
201506 1,050.364 98.400 1,140.029
201509 1,072.310 98.500 1,162.667
201512 1,085.243 98.100 1,181.488
201603 1,112.648 97.900 1,213.798
201606 1,107.993 98.100 1,206.255
201609 1,136.634 98.000 1,238.699
201612 1,160.070 98.400 1,259.100
201703 1,196.537 98.100 1,302.652
201706 1,200.183 98.500 1,301.315
201709 1,243.654 98.800 1,344.355
201712 1,270.731 99.400 1,365.333
201803 1,294.474 99.200 1,393.647
201806 1,290.178 99.200 1,389.022
201809 1,327.142 99.900 1,418.806
201812 1,348.429 99.700 1,444.456
201903 1,379.390 99.700 1,477.621
201906 1,372.650 99.800 1,468.928
201909 1,409.258 100.100 1,503.584
201912 1,432.724 100.500 1,522.537
202003 1,457.369 100.300 1,551.815
202006 1,436.609 99.900 1,535.834
202009 1,482.618 99.900 1,585.021
202012 1,516.178 99.300 1,630.693
202103 1,549.044 99.900 1,656.035
202106 1,553.517 99.500 1,667.494
202109 1,612.804 100.100 1,720.754
202112 1,650.267 100.100 1,760.724
202203 1,684.344 101.100 1,779.307
202206 1,686.826 101.800 1,769.676
202209 1,759.997 103.100 1,823.159
202212 1,801.751 104.100 1,848.482
202303 1,823.873 104.400 1,865.801
202306 1,824.370 105.200 1,852.117
202309 1,889.582 106.200 1,900.258
202312 1,925.672 106.800 1,925.672

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


KU Holdings Co  (TSE:9856) 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.

KU Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1165.00/1466.56
=0.79

* 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 KU Holdings Co was 1.22. The lowest was 0.68. And the median was 0.85.


Be Aware

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


KU Holdings Co Cyclically Adjusted Book per Share Related Terms

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


KU Holdings Co (TSE:9856) Business Description

Traded in Other Exchanges
N/A
Address
Tsuruma 1670 in Machida, Tokyo, JPN, 194-8555
KU Holdings Co Ltd is a holding company.

KU Holdings Co (TSE:9856) Headlines

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