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Alfresa Holdings (Alfresa Holdings) Cyclically Adjusted Book per Share : $10.65 (As of Dec. 2023)


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What is Alfresa Holdings 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.

Alfresa Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $17.247. 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 $10.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alfresa Holdings'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 Alfresa Holdings was 7.70% per year. The lowest was 6.50% per year. And the median was 6.80% per year.

As of today (2024-06-23), Alfresa Holdings's current stock price is $11.87. Alfresa Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.65. Alfresa Holdings's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alfresa Holdings was 2.20. The lowest was 0.78. And the median was 1.19.


Alfresa Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alfresa Holdings'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.

Alfresa Holdings Cyclically Adjusted Book per Share Chart

Alfresa Holdings 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 - 15.73 20.48 14.20 -

Alfresa Holdings 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 14.20 11.40 10.23 10.65 -

Competitive Comparison of Alfresa Holdings's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Alfresa Holdings'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.


Alfresa Holdings's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Alfresa Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alfresa Holdings 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, Alfresa Holdings'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)
=17.247/106.8000*106.8000
=17.247

Current CPI (Dec. 2023) = 106.8000.

Alfresa Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.475 95.700 15.038
201406 13.902 98.000 15.150
201409 13.615 98.500 14.762
201412 12.532 97.900 13.671
201503 13.091 97.900 14.281
201506 12.918 98.400 14.021
201509 13.051 98.500 14.151
201512 13.372 98.100 14.558
201603 14.979 97.900 16.341
201606 16.392 98.100 17.846
201609 16.994 98.000 18.520
201612 15.401 98.400 16.716
201703 16.035 98.100 17.457
201706 16.497 98.500 17.887
201709 16.754 98.800 18.111
201712 17.089 99.400 18.361
201803 18.921 99.200 20.371
201806 18.460 99.200 19.874
201809 18.942 99.900 20.250
201812 18.335 99.700 19.641
201903 18.742 99.700 20.077
201906 19.031 99.800 20.366
201909 19.785 100.100 21.109
201912 20.313 100.500 21.586
202003 20.785 100.300 22.132
202006 21.136 99.900 22.596
202009 21.810 99.900 23.316
202012 21.918 99.300 23.573
202103 21.285 99.900 22.755
202106 20.852 99.500 22.382
202109 21.089 100.100 22.501
202112 20.226 100.100 21.580
202203 19.652 101.100 20.760
202206 17.529 101.800 18.390
202209 16.610 103.100 17.206
202212 17.639 104.100 18.096
202303 18.044 104.400 18.459
202306 17.269 105.200 17.532
202309 16.804 106.200 16.899
202312 17.247 106.800 17.247

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


Alfresa Holdings  (OTCPK:ARHCF) 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.

Alfresa Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.87/10.65
=1.11

* 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 Alfresa Holdings was 2.20. The lowest was 0.78. And the median was 1.19.


Be Aware

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


Alfresa Holdings Cyclically Adjusted Book per Share Related Terms

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


Alfresa Holdings (Alfresa Holdings) Business Description

Traded in Other Exchanges
Address
1-1-3 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Alfresa Holdings Corp is a holding company engaged in the distribution of drugs. The company is in the Ethical Pharmaceuticals Wholesaling Business, the Self-Medication Products Wholesaling Business, the Manufacturing Business, and the Medical-Related Business. It mainly provides distributes diagnostic reagents and medical devices/equipment, health foods, supplements and other products to drug stores and pharmacies. The firm manufactures and markets high-quality active pharmaceutical ingredients, pharmaceuticals, diagnostic reagents, and medical devices.

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