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Dai Nippon Printing Co (Dai Nippon Printing Co) Cyclically Adjusted Book per Share : $13.44 (As of Dec. 2023)


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What is Dai Nippon Printing 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.

Dai Nippon Printing Co's adjusted book value per share for the three months ended in Dec. 2023 was $15.759. 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 $13.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dai Nippon Printing Co's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Dai Nippon Printing Co was 4.10% per year. The lowest was 1.60% per year. And the median was 2.10% per year.

As of today (2024-04-28), Dai Nippon Printing Co's current stock price is $14.57. Dai Nippon Printing Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.44. Dai Nippon Printing Co's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dai Nippon Printing Co was 1.25. The lowest was 0.56. And the median was 0.80.


Dai Nippon Printing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dai Nippon Printing 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.

Dai Nippon Printing Co Cyclically Adjusted Book per Share Chart

Dai Nippon Printing 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 14.29 14.64 14.79 13.90 13.73

Dai Nippon Printing 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 13.63 13.73 12.78 12.47 13.44

Competitive Comparison of Dai Nippon Printing Co's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Dai Nippon Printing 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.


Dai Nippon Printing Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dai Nippon Printing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dai Nippon Printing Co's Cyclically Adjusted PB Ratio falls into.



Dai Nippon Printing 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, Dai Nippon Printing 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)
=15.759/106.8000*106.8000
=15.759

Current CPI (Dec. 2023) = 106.8000.

Dai Nippon Printing Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.149 95.700 15.790
201406 14.205 98.000 15.481
201409 13.668 98.500 14.820
201412 13.412 97.900 14.631
201503 13.918 97.900 15.183
201506 13.858 98.400 15.041
201509 13.999 98.500 15.179
201512 13.878 98.100 15.109
201603 14.333 97.900 15.636
201606 15.513 98.100 16.889
201609 15.801 98.000 17.220
201612 14.183 98.400 15.394
201703 14.883 98.100 16.203
201706 15.283 98.500 16.571
201709 15.287 98.800 16.525
201712 15.491 99.400 16.644
201803 16.473 99.200 17.735
201806 16.145 99.200 17.382
201809 16.484 99.900 17.623
201812 15.476 99.700 16.578
201903 14.848 99.700 15.905
201906 15.570 99.800 16.662
201909 15.702 100.100 16.753
201912 16.056 100.500 17.062
202003 15.141 100.300 16.122
202006 15.578 99.900 16.654
202009 16.245 99.900 17.367
202012 16.772 99.300 18.039
202103 17.097 99.900 18.278
202106 17.117 99.500 18.373
202109 18.189 100.100 19.406
202112 17.957 100.100 19.159
202203 17.111 101.100 18.076
202206 14.783 101.800 15.509
202209 14.106 103.100 14.612
202212 15.354 104.100 15.752
202303 15.556 104.400 15.914
202306 15.080 105.200 15.309
202309 14.821 106.200 14.905
202312 15.759 106.800 15.759

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


Dai Nippon Printing Co  (OTCPK:DNPLY) 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.

Dai Nippon Printing Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.57/13.44
=1.08

* 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 Dai Nippon Printing Co was 1.25. The lowest was 0.56. And the median was 0.80.


Be Aware

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


Dai Nippon Printing Co Cyclically Adjusted Book per Share Related Terms

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


Dai Nippon Printing Co (Dai Nippon Printing Co) Business Description

Traded in Other Exchanges
Address
1-1, Ichigaya-Kagacho, 1-chome, Shinjuku-ku, Tokyo, JPN, 162-8001
Dai Nippon Printing is a provider of printing services. The company offers publishing and printing solutions used for printing magazines, newspapers, textbooks, catalogs, calendars, flyers, pamphlets, and posters, as well as personalized mail, smart cards, SIM cards, merchandise vouchers, bank books, and business forms. Dai Nippon Printing also produces packaging for processed foods, toiletries and pharmaceuticals, barrier film for packages, biomass plastic film, PET plastic bottles, and aseptic filling systems, as well as display components such as LCDs, optical films, semiconductor photomasks, hard-disk suspensions, camera modules, near-field communication modules, and electronic paper display systems. The company operates primarily in Japan.

Dai Nippon Printing Co (Dai Nippon Printing Co) Headlines