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Acom Co (Acom Co) Cyclically Adjusted Book per Share : $2.06 (As of Dec. 2023)


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What is Acom 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.

Acom Co's adjusted book value per share for the three months ended in Dec. 2023 was $2.718. 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 $2.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Acom Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Acom Co was 6.70% per year. The lowest was -4.70% per year. And the median was 1.60% per year.

As of today (2024-05-19), Acom Co's current stock price is $2.48. Acom Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.06. Acom Co's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acom Co was 2.52. The lowest was 1.19. And the median was 1.86.


Acom Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Acom 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.

Acom Co Cyclically Adjusted Book per Share Chart

Acom 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 1.76 1.53 2.67 1.87 -

Acom 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 1.87 1.75 1.79 2.06 -

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

For the Credit Services subindustry, Acom 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.


Acom Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Acom Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Acom 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, Acom 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)
=2.718/106.8000*106.8000
=2.718

Current CPI (Dec. 2023) = 106.8000.

Acom Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.836 95.700 2.049
201406 1.929 98.000 2.102
201409 1.911 98.500 2.072
201412 1.769 97.900 1.930
201503 1.657 97.900 1.808
201506 1.699 98.400 1.844
201509 1.837 98.500 1.992
201512 1.811 98.100 1.972
201603 1.828 97.900 1.994
201606 2.054 98.100 2.236
201609 2.226 98.000 2.426
201612 1.971 98.400 2.139
201703 1.413 98.100 1.538
201706 1.533 98.500 1.662
201709 1.640 98.800 1.773
201712 1.726 99.400 1.854
201803 1.944 99.200 2.093
201806 1.966 99.200 2.117
201809 2.043 99.900 2.184
201812 2.148 99.700 2.301
201903 2.046 99.700 2.192
201906 2.268 99.800 2.427
201909 2.391 100.100 2.551
201912 2.456 100.500 2.610
202003 2.462 100.300 2.622
202006 2.543 99.900 2.719
202009 2.741 99.900 2.930
202012 2.883 99.300 3.101
202103 2.852 99.900 3.049
202106 2.973 99.500 3.191
202109 3.072 100.100 3.278
202112 2.972 100.100 3.171
202203 2.863 101.100 3.024
202206 2.612 101.800 2.740
202209 2.533 103.100 2.624
202212 2.702 104.100 2.772
202303 2.775 104.400 2.839
202306 2.663 105.200 2.704
202309 2.622 106.200 2.637
202312 2.718 106.800 2.718

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


Acom Co  (OTCPK:ACJJF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.48/2.06
=1.20

* 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 Acom Co was 2.52. The lowest was 1.19. And the median was 1.86.


Be Aware

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


Acom Co Cyclically Adjusted Book per Share Related Terms

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


Acom Co (Acom Co) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Marunouchi 2-chome, Chiyoda-ku, Meiji Yasuda Seimei Building, Tokyo, JPN, 100-8307
Acom Co Ltd is a Japanese consumer finance company. Its four core business categories are loan and credit, guarantee services, loan servicing, and overseas financials. Its loan and credit business offers credit cards and unsecured loans. The guarantee segment provides credit guarantee services, including loan portfolios and marketing analyses. The firm also offers loan administrative services in its loan servicing segment. Acom's overseas businesses are mostly in the retail finance sector in Thailand and Indonesia. In addition to ATMs, Acom's distribution relies on multifaceted sales channels, including a call center, Internet services, and mobile phones. The company earns its revenue from its loan and credit card business in Japan.

Acom Co (Acom Co) Headlines

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