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Terumo (Terumo) Cyclically Adjusted Book per Share : $3.74 (As of Dec. 2023)


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What is Terumo 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.

Terumo's adjusted book value per share for the three months ended in Dec. 2023 was $5.683. 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 $3.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Terumo's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Terumo was 11.30% per year. The lowest was 8.60% per year. And the median was 9.15% per year.

As of today (2024-04-27), Terumo's current stock price is $16.60. Terumo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.74. Terumo's Cyclically Adjusted PB Ratio of today is 4.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Terumo was 7.10. The lowest was 3.57. And the median was 4.89.


Terumo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Terumo'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.

Terumo Cyclically Adjusted Book per Share Chart

Terumo 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 2.77 3.28 3.45 3.45 3.65

Terumo 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 3.55 3.65 3.49 3.46 3.74

Competitive Comparison of Terumo's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Terumo'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.


Terumo's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Terumo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Terumo 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, Terumo'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)
=5.683/106.8000*106.8000
=5.683

Current CPI (Dec. 2023) = 106.8000.

Terumo Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.192 95.700 3.562
201406 3.204 98.000 3.492
201409 3.286 98.500 3.563
201412 3.193 97.900 3.483
201503 3.144 97.900 3.430
201506 3.138 98.400 3.406
201509 3.171 98.500 3.438
201512 3.207 98.100 3.491
201603 3.119 97.900 3.403
201606 3.104 98.100 3.379
201609 3.234 98.000 3.524
201612 3.211 98.400 3.485
201703 3.091 98.100 3.365
201706 3.224 98.500 3.496
201709 3.384 98.800 3.658
201712 3.483 99.400 3.742
201803 3.668 99.200 3.949
201806 3.843 99.200 4.137
201809 4.275 99.900 4.570
201812 4.235 99.700 4.537
201903 4.227 99.700 4.528
201906 4.305 99.800 4.607
201909 4.498 100.100 4.799
201912 4.635 100.500 4.926
202003 4.660 100.300 4.962
202006 4.683 99.900 5.006
202009 4.843 99.900 5.178
202012 4.972 99.300 5.348
202103 5.212 99.900 5.572
202106 5.250 99.500 5.635
202109 5.427 100.100 5.790
202112 5.438 100.100 5.802
202203 5.644 101.100 5.962
202206 5.510 101.800 5.781
202209 5.426 103.100 5.621
202212 5.344 104.100 5.483
202303 5.582 104.400 5.710
202306 5.713 105.200 5.800
202309 5.727 106.200 5.759
202312 5.683 106.800 5.683

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


Terumo  (OTCPK:TRUMY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.60/3.74
=4.44

* 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 Terumo was 7.10. The lowest was 3.57. And the median was 4.89.


Be Aware

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


Terumo Cyclically Adjusted Book per Share Related Terms

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


Terumo (Terumo) Business Description

Traded in Other Exchanges
Address
2-44-1 Hatagaya, Shibuya-ku, Tokyo, JPN, 151-0072
Terumo Corp manufactures and sells medical products and equipment. The firm has three main businesses: blood management, cardiac and vascular, and general hospital. The cardiac and vascular business generates the largest proportion of revenue and sells cardiac and endovascular interventional therapies, cardiovascular surgical systems, neurovascular products, and vascular graft products. The general hospital business includes diabetes management, consumer healthcare, drug and device technologies, and general hospital products. The blood management business sells blood component, therapeutic apheresis, and cellular technologies. Terumo generates the majority of its revenue in Asia, with Japan contributing the largest proportion of Asian revenue.

Terumo (Terumo) Headlines