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Ebara (EBCOY) Cyclically Adjusted Book per Share : $11.26 (As of Dec. 2023)


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What is Ebara 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.

Ebara's adjusted book value per share for the three months ended in Dec. 2023 was $15.417. 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 $11.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ebara's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Ebara was 8.90% per year. The lowest was 5.30% per year. And the median was 6.60% per year.

As of today (2024-04-29), Ebara's current stock price is $41.54. Ebara's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.26. Ebara's Cyclically Adjusted PB Ratio of today is 3.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ebara was 4.46. The lowest was 0.79. And the median was 1.67.


Ebara Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ebara'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.

Ebara Cyclically Adjusted Book per Share Chart

Ebara Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 12.18 11.48 10.88 11.26

Ebara 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 10.88 11.10 10.57 10.40 11.26

Competitive Comparison of Ebara's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Ebara'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.


Ebara's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ebara's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ebara 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, Ebara'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)
=15.417/106.8000*106.8000
=15.417

Current CPI (Dec. 2023) = 106.8000.

Ebara Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.989 95.700 12.264
201406 10.753 98.000 11.719
201409 10.275 98.500 11.141
201412 9.736 97.900 10.621
201503 10.714 97.900 11.688
201506 10.179 98.400 11.048
201509 10.597 98.500 11.490
201512 10.545 98.100 11.480
201603 11.516 97.900 12.563
201606 11.808 98.100 12.855
201609 11.953 98.000 13.026
201612 10.726 98.400 11.642
201703 11.892 98.100 12.947
201706 11.938 98.500 12.944
201709 12.081 98.800 13.059
201712 0.000 99.400 0.000
201803 12.989 99.200 13.984
201806 12.576 99.200 13.539
201809 12.403 99.900 13.260
201812 12.510 99.700 13.401
201903 12.855 99.700 13.770
201906 13.117 99.800 14.037
201909 13.167 100.100 14.048
201912 13.070 100.500 13.889
202003 13.594 100.300 14.475
202006 13.761 99.900 14.711
202009 14.131 99.900 15.107
202012 14.626 99.300 15.731
202103 14.372 99.900 15.365
202106 14.496 99.500 15.560
202109 14.491 100.100 15.461
202112 14.914 100.100 15.912
202203 15.156 101.100 16.010
202206 14.389 101.800 15.096
202209 13.572 103.100 14.059
202212 14.491 104.100 14.867
202303 14.644 104.400 14.981
202306 14.649 105.200 14.872
202309 14.402 106.200 14.483
202312 15.417 106.800 15.417

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


Ebara  (OTCPK:EBCOY) 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.

Ebara's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.54/11.26
=3.69

* 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 Ebara was 4.46. The lowest was 0.79. And the median was 1.67.


Be Aware

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


Ebara Cyclically Adjusted Book per Share Related Terms

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


Ebara (EBCOY) Business Description

Industry
Traded in Other Exchanges
Address
11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, JPN, 144-8510
Ebara Corp is a Japan-based company that operates through three business segments. The fluid machinery and systems business provides pumps, compressors, refrigeration, blowers, cooling towers, energy-related systems, machinery plants, and other related solutions. The environmental engineering business is involved in engineering, building, operating, and maintaining environmental and energy-related infrastructure. The precision machinery business develops and manufactures vacuum pumps, chemical mechanical polishing systems, plating systems, and other semiconductor manufacturing equipment and components. The company generates the majority of its revenue from Japan andthe rest of Asia.

Ebara (EBCOY) Headlines

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