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Murata Manufacturing Co (Murata Manufacturing Co) Cyclically Adjusted Book per Share : $3.07 (As of Mar. 2024)


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What is Murata Manufacturing 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.

Murata Manufacturing Co's adjusted book value per share for the three months ended in Mar. 2024 was $4.515. 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 $3.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Murata Manufacturing Co was 11.60% per year. The lowest was 6.90% per year. And the median was 7.30% per year.

As of today (2024-05-15), Murata Manufacturing Co's current stock price is $8.95. Murata Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.07. Murata Manufacturing Co's Cyclically Adjusted PB Ratio of today is 2.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Murata Manufacturing Co was 5.59. The lowest was 2.44. And the median was 3.45.


Murata Manufacturing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Murata Manufacturing 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.

Murata Manufacturing Co Cyclically Adjusted Book per Share Chart

Murata Manufacturing Co 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 2.84 3.04 - - 3.07

Murata Manufacturing Co 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 - 2.95 2.93 3.18 3.07

Competitive Comparison of Murata Manufacturing Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Murata Manufacturing 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.


Murata Manufacturing Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Murata Manufacturing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Murata Manufacturing 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, Murata Manufacturing Co'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)
=4.515/107.2000*107.2000
=4.515

Current CPI (Mar. 2024) = 107.2000.

Murata Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.479 98.000 2.712
201409 2.495 98.500 2.715
201412 2.398 97.900 2.626
201503 2.448 97.900 2.681
201506 2.456 98.400 2.676
201509 2.644 98.500 2.878
201512 2.687 98.100 2.936
201603 2.856 97.900 3.127
201606 3.018 98.100 3.298
201609 3.233 98.000 3.537
201612 2.998 98.400 3.266
201703 3.133 98.100 3.424
201706 3.226 98.500 3.511
201709 3.384 98.800 3.672
201712 3.361 99.400 3.625
201803 3.578 99.200 3.867
201806 3.487 99.200 3.768
201809 3.610 99.900 3.874
201812 3.639 99.700 3.913
201903 3.760 99.700 4.043
201906 3.854 99.800 4.140
201909 3.950 100.100 4.230
201912 4.003 100.500 4.270
202003 4.099 100.300 4.381
202006 4.119 99.900 4.420
202009 4.347 99.900 4.665
202012 4.536 99.300 4.897
202103 4.603 99.900 4.939
202106 4.649 99.500 5.009
202109 4.868 100.100 5.213
202112 4.875 100.100 5.221
202203 0.000 101.100 0.000
202206 4.564 101.800 4.806
202209 4.439 103.100 4.616
202212 4.595 104.100 4.732
202303 0.000 104.400 0.000
202306 4.535 105.200 4.621
202309 4.514 106.200 4.557
202312 4.580 106.800 4.597
202403 4.515 107.200 4.515

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


Murata Manufacturing Co  (OTCPK:MRAAY) 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.

Murata Manufacturing Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.95/3.07
=2.92

* 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 Murata Manufacturing Co was 5.59. The lowest was 2.44. And the median was 3.45.


Be Aware

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


Murata Manufacturing Co Cyclically Adjusted Book per Share Related Terms

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


Murata Manufacturing Co (Murata Manufacturing Co) Business Description

Industry
Traded in Other Exchanges
Address
No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

Murata Manufacturing Co (Murata Manufacturing Co) Headlines

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