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Ricoh Co (Ricoh Co) Cyclically Adjusted Book per Share : $10.68 (As of Dec. 2023)


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What is Ricoh 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.

Ricoh Co's adjusted book value per share for the three months ended in Dec. 2023 was $11.265. 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 $10.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ricoh Co's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Ricoh Co was 2.00% per year. The lowest was -0.70% per year. And the median was 0.60% per year.

As of today (2024-04-29), Ricoh Co's current stock price is $8.775. Ricoh Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.68. Ricoh Co's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ricoh Co was 1.01. The lowest was 0.47. And the median was 0.79.


Ricoh Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ricoh 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.

Ricoh Co Cyclically Adjusted Book per Share Chart

Ricoh 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 12.29 11.85 12.54 11.57 10.73

Ricoh 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 10.90 10.73 10.07 10.08 10.68

Competitive Comparison of Ricoh Co's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, Ricoh 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.


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

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

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



Ricoh 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, Ricoh 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)
=11.265/106.8000*106.8000
=11.265

Current CPI (Dec. 2023) = 106.8000.

Ricoh Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.876 95.700 15.485
201406 13.825 98.000 15.066
201409 13.668 98.500 14.820
201412 12.824 97.900 13.990
201503 12.423 97.900 13.552
201506 12.388 98.400 13.446
201509 12.713 98.500 13.784
201512 12.583 98.100 13.699
201603 13.166 97.900 14.363
201606 13.085 98.100 14.245
201609 13.395 98.000 14.598
201612 12.564 98.400 13.637
201703 12.732 98.100 13.861
201706 13.165 98.500 14.274
201709 13.366 98.800 14.448
201712 13.321 99.400 14.313
201803 11.832 99.200 12.738
201806 11.482 99.200 12.362
201809 11.848 99.900 12.666
201812 11.607 99.700 12.434
201903 11.576 99.700 12.400
201906 11.760 99.800 12.585
201909 11.852 100.100 12.645
201912 11.933 100.500 12.681
202003 11.800 100.300 12.565
202006 11.504 99.900 12.299
202009 11.713 99.900 12.522
202012 11.941 99.300 12.843
202103 11.787 99.900 12.601
202106 11.706 99.500 12.565
202109 11.820 100.100 12.611
202112 11.726 100.100 12.511
202203 11.942 101.100 12.615
202206 11.124 101.800 11.670
202209 10.497 103.100 10.874
202212 10.767 104.100 11.046
202303 11.443 104.400 11.706
202306 11.444 105.200 11.618
202309 11.153 106.200 11.216
202312 11.265 106.800 11.265

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


Ricoh Co  (OTCPK:RICOY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.775/10.68
=0.82

* 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 Ricoh Co was 1.01. The lowest was 0.47. And the median was 0.79.


Be Aware

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


Ricoh Co Cyclically Adjusted Book per Share Related Terms

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


Ricoh Co (Ricoh Co) Business Description

Industry
Traded in Other Exchanges
Address
3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd provides products, services, and solutions in offices and other environments. The company's Imaging and Solutions segment is engaged in office imaging, production printing, and network system solutions. Industrial Products segment manufactures and sales of thermal media, optical equipment, semiconductors, electronic component and the Inkjet head. Its Other segment is engaged in manufacturing and sales of digital cameras, financing business and logistics services provided by the company's subsidiaries. The company's revenue is majorly derived from Japan.

Ricoh Co (Ricoh Co) Headlines