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Amano (AMANF) Cyclically Adjusted Book per Share : $6.93 (As of Mar. 2024)


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What is Amano 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.

Amano's adjusted book value per share for the three months ended in Mar. 2024 was $11.877. 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 $6.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Amano's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Amano was 6.40% per year. The lowest was 3.60% per year. And the median was 4.80% per year.

As of today (2024-06-09), Amano's current stock price is $18.065. Amano's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.93. Amano's Cyclically Adjusted PB Ratio of today is 2.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amano was 2.90. The lowest was 1.56. And the median was 2.16.


Amano Cyclically Adjusted Book per Share Historical Data

The historical data trend for Amano'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.

Amano Cyclically Adjusted Book per Share Chart

Amano 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 10.98 11.03 14.04 10.09 6.93

Amano 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 10.09 8.45 7.94 7.92 6.93

Competitive Comparison of Amano's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Amano'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.


Amano's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Amano 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, Amano'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)
=11.877/107.2000*107.2000
=11.877

Current CPI (Mar. 2024) = 107.2000.

Amano Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.555 98.000 11.546
201409 10.157 98.500 11.054
201412 9.352 97.900 10.240
201503 9.952 97.900 10.897
201506 9.544 98.400 10.398
201509 10.069 98.500 10.958
201512 9.976 98.100 10.901
201603 11.005 97.900 12.050
201606 11.411 98.100 12.470
201609 11.833 98.000 12.944
201612 10.365 98.400 11.292
201703 11.524 98.100 12.593
201706 11.510 98.500 12.527
201709 11.823 98.800 12.828
201712 11.810 99.400 12.737
201803 13.085 99.200 14.140
201806 12.250 99.200 13.238
201809 12.474 99.900 13.386
201812 12.342 99.700 13.270
201903 12.757 99.700 13.717
201906 12.737 99.800 13.681
201909 13.144 100.100 14.076
201912 12.970 100.500 13.835
202003 13.509 100.300 14.438
202006 12.961 99.900 13.908
202009 13.506 99.900 14.493
202012 13.825 99.300 14.925
202103 13.666 99.900 14.665
202106 13.207 99.500 14.229
202109 13.538 100.100 14.498
202112 13.106 100.100 14.036
202203 13.184 101.100 13.979
202206 11.386 101.800 11.990
202209 11.108 103.100 11.550
202212 11.920 104.100 12.275
202303 12.392 104.400 12.724
202306 11.375 105.200 11.591
202309 11.461 106.200 11.569
202312 11.904 106.800 11.949
202403 11.877 107.200 11.877

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


Amano  (OTCPK:AMANF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.065/6.93
=2.61

* 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 Amano was 2.90. The lowest was 1.56. And the median was 2.16.


Be Aware

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


Amano Cyclically Adjusted Book per Share Related Terms

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


Amano (AMANF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Amano Corp (OTCPK:AMANF) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
275 Mamedocho, Kohoku-ku, Yokohama, Kanagawa, JPN, 222-8558
Amano Corp offers information systems, time management products, parking management services, environmental solutions, and cleaning products. The company helps clients coordinate human resources, payroll, and time recorders with software and standardized machines. It offers solutions to accurately record the data on billing and documents, and can process a wide variety of information customized for each client. Parking lots and bicycle-parking systems ensure safety while increasing the level of convenience for parking lot users. Products geared toward environmental and cleaning applications include dust and fume collectors, hazardous-gas removal systems, and floor scrubbers and cleaners. The majority of sales derive from customers located in Japan.

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