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Yamazaki Baking Co (Yamazaki Baking Co) Cyclically Adjusted Book per Share : $72.65 (As of Dec. 2023)


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What is Yamazaki Baking 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.

Yamazaki Baking Co's adjusted book value per share for the three months ended in Dec. 2023 was $134.937. 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 $72.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yamazaki Baking Co's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Yamazaki Baking Co was 6.20% per year. The lowest was 3.70% per year. And the median was 4.20% per year.

As of today (2024-04-29), Yamazaki Baking Co's current stock price is $152.19. Yamazaki Baking Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $72.65. Yamazaki Baking Co's Cyclically Adjusted PB Ratio of today is 2.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yamazaki Baking Co was 2.64. The lowest was 1.03. And the median was 1.45.


Yamazaki Baking Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yamazaki Baking 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.

Yamazaki Baking Co Cyclically Adjusted Book per Share Chart

Yamazaki Baking Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.40 132.99 126.26 117.13 72.65

Yamazaki Baking 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 117.13 105.40 97.80 83.64 72.65

Competitive Comparison of Yamazaki Baking Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Yamazaki Baking 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.


Yamazaki Baking Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yamazaki Baking 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, Yamazaki Baking 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)
=134.937/106.8000*106.8000
=134.937

Current CPI (Dec. 2023) = 106.8000.

Yamazaki Baking Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 111.540 95.700 124.477
201406 115.323 98.000 125.679
201409 109.653 98.500 118.893
201412 93.863 97.900 102.396
201503 95.365 97.900 104.035
201506 95.517 98.400 103.671
201509 99.333 98.500 107.703
201512 102.006 98.100 111.052
201603 108.782 97.900 118.671
201606 118.140 98.100 128.617
201609 123.630 98.000 134.731
201612 109.518 98.400 118.867
201703 112.912 98.100 122.926
201706 118.779 98.500 128.788
201709 120.824 98.800 130.607
201712 127.569 99.400 137.066
201803 134.011 99.200 144.278
201806 132.814 99.200 142.989
201809 132.223 99.900 141.356
201812 128.318 99.700 137.456
201903 130.615 99.700 139.917
201906 135.861 99.800 145.390
201909 135.559 100.100 144.632
201912 137.979 100.500 146.628
202003 138.110 100.300 147.060
202006 138.649 99.900 148.225
202009 141.848 99.900 151.645
202012 146.465 99.300 157.527
202103 139.736 99.900 149.387
202106 138.889 99.500 149.079
202109 141.056 100.100 150.497
202112 141.398 100.100 150.862
202203 136.703 101.100 144.410
202206 122.207 101.800 128.209
202209 114.976 103.100 119.102
202212 129.223 104.100 132.575
202303 130.154 104.400 133.146
202306 128.106 105.200 130.054
202309 125.191 106.200 125.898
202312 134.937 106.800 134.937

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


Yamazaki Baking Co  (OTCPK:YMZBY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=152.19/72.65
=2.09

* 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 Yamazaki Baking Co was 2.64. The lowest was 1.03. And the median was 1.45.


Be Aware

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


Yamazaki Baking Co Cyclically Adjusted Book per Share Related Terms

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


Yamazaki Baking Co (Yamazaki Baking Co) Business Description

Traded in Other Exchanges
Address
10-1, Iwamotocho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking is the largest manufacturer of packaged baked goods in Japan, with a nationwide manufacturing and distribution network. It holds about a 40% share of domestic packaged bakery sales. Bread loaves and sweet buns contribute about 44% of group sales. Other key products include Japanese and western-style sweets, biscuits, as well as sandwiches and prepared meal boxes supplied to convenience stores and supermarkets. It also operates a chain of 1,400-plus Daily Yamazaki convenience stores in Japan. While Yamazaki also operates fresh bakeries in Asia, most of the overseas businesses remain unconsolidated given unmeaningful contribution.

Yamazaki Baking Co (Yamazaki Baking Co) Headlines

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