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The Chiba Bank (The Chiba Bank) Cyclically Adjusted Book per Share : $39.38 (As of Mar. 2024)


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What is The Chiba Bank 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.

The Chiba Bank's adjusted book value per share for the three months ended in Mar. 2024 was $55.115. 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 $39.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Chiba Bank's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 The Chiba Bank was 8.30% per year. The lowest was 5.90% per year. And the median was 7.10% per year.

As of today (2024-05-15), The Chiba Bank's current stock price is $37.04. The Chiba Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $39.38. The Chiba Bank's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Chiba Bank was 1.12. The lowest was 0.41. And the median was 0.69.


The Chiba Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Chiba Bank'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.

The Chiba Bank Cyclically Adjusted Book per Share Chart

The Chiba Bank 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 46.07 42.46 47.93 39.98 39.38

The Chiba Bank 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 39.98 39.87 32.69 47.14 39.38

Competitive Comparison of The Chiba Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, The Chiba Bank'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.


The Chiba Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Chiba Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Chiba Bank 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, The Chiba Bank's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=55.115/107.2000*107.2000
=55.115

Current CPI (Mar. 2024) = 107.2000.

The Chiba Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 45.359 98.000 49.617
201409 44.189 98.500 48.092
201412 41.257 97.900 45.176
201503 42.825 97.900 46.893
201506 42.606 98.400 46.416
201509 43.430 98.500 47.266
201512 43.765 98.100 47.825
201603 46.683 97.900 51.118
201606 50.085 98.100 54.731
201609 53.339 98.000 58.346
201612 47.981 98.400 52.272
201703 49.986 98.100 54.623
201706 52.012 98.500 56.606
201709 52.967 98.800 57.470
201712 53.743 99.400 57.960
201803 56.947 99.200 61.540
201806 56.344 99.200 60.888
201809 55.425 99.900 59.475
201812 54.732 99.700 58.849
201903 56.264 99.700 60.496
201906 57.766 99.800 62.049
201909 60.459 100.100 64.747
201912 60.484 100.500 64.516
202003 58.100 100.300 62.097
202006 60.291 99.900 64.697
202009 62.712 99.900 67.295
202012 65.518 99.300 70.730
202103 64.501 99.900 69.214
202106 64.360 99.500 69.341
202109 65.805 100.100 70.472
202112 63.799 100.100 68.324
202203 60.583 101.100 64.238
202206 52.712 101.800 55.508
202209 49.741 103.100 51.719
202212 53.110 104.100 54.692
202303 54.781 104.400 56.250
202306 53.811 105.200 54.834
202309 51.778 106.200 52.266
202312 54.552 106.800 54.756
202403 55.115 107.200 55.115

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


The Chiba Bank  (OTCPK:CHBAY) 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.

The Chiba Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.04/39.38
=0.94

* 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 The Chiba Bank was 1.12. The lowest was 0.41. And the median was 0.69.


Be Aware

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


The Chiba Bank Cyclically Adjusted Book per Share Related Terms

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


The Chiba Bank (The Chiba Bank) Business Description

Industry
Traded in Other Exchanges
Address
1-2 Chiba-Minato, Chuo-ku, Chiba-shi, Chiba, JPN, 260-8720
The Chiba Bank Ltd provides banking products and services in Japan. The bank accommodates the financial needs of individual customers in addition to regional small, medium size companies. The company generates revenue by offering corporate banking, retail banking, asset management consulting, and trust and inheritance-related business. Additionally, it investigates and researches advanced financial technologies to plan and develop the future of financial services. They have focused on using databases and online/mobile banking to strengthen their marketing. The bank primarily operates in Chiba Prefecture; however, it also has branches in New York, Hong Kong, and London and representative offices in Shanghai, Singapore, and Bangkok.

The Chiba Bank (The Chiba Bank) Headlines

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