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CyberAgent (CyberAgent) Cyclically Adjusted Book per Share : $1.25 (As of Mar. 2024)


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What is CyberAgent 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.

CyberAgent's adjusted book value per share for the three months ended in Mar. 2024 was $1.992. 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 $1.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CyberAgent's average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 CyberAgent was 14.30% per year. The lowest was 10.50% per year. And the median was 11.55% per year.

As of today (2024-04-30), CyberAgent's current stock price is $6.45. CyberAgent's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.25. CyberAgent's Cyclically Adjusted PB Ratio of today is 5.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CyberAgent was 17.98. The lowest was 4.09. And the median was 9.65.


CyberAgent Cyclically Adjusted Book per Share Historical Data

The historical data trend for CyberAgent'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.

CyberAgent Cyclically Adjusted Book per Share Chart

CyberAgent Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.07 1.18 1.35 1.45

CyberAgent 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 1.36 1.29 1.45 1.28 1.25

Competitive Comparison of CyberAgent's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, CyberAgent'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.


CyberAgent's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CyberAgent's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CyberAgent 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, CyberAgent'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)
=1.992/107.2000*107.2000
=1.992

Current CPI (Mar. 2024) = 107.2000.

CyberAgent Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.976 98.000 1.068
201409 1.019 98.500 1.109
201412 0.994 97.900 1.088
201503 1.055 97.900 1.155
201506 1.069 98.400 1.165
201509 1.110 98.500 1.208
201512 1.107 98.100 1.210
201603 1.277 97.900 1.398
201606 1.420 98.100 1.552
201609 1.517 98.000 1.659
201612 1.294 98.400 1.410
201703 1.359 98.100 1.485
201706 1.400 98.500 1.524
201709 1.429 98.800 1.550
201712 1.396 99.400 1.506
201803 1.497 99.200 1.618
201806 1.493 99.200 1.613
201809 1.463 99.900 1.570
201812 1.368 99.700 1.471
201903 1.419 99.700 1.526
201906 1.461 99.800 1.569
201909 1.478 100.100 1.583
201912 1.458 100.500 1.555
202003 1.480 100.300 1.582
202006 1.569 99.900 1.684
202009 1.699 99.900 1.823
202012 1.622 99.300 1.751
202103 1.844 99.900 1.979
202106 2.187 99.500 2.356
202109 2.338 100.100 2.504
202112 2.226 100.100 2.384
202203 2.321 101.100 2.461
202206 2.097 101.800 2.208
202209 2.014 103.100 2.094
202212 1.961 104.100 2.019
202303 2.101 104.400 2.157
202306 2.025 105.200 2.063
202309 1.958 106.200 1.976
202312 1.882 106.800 1.889
202403 1.992 107.200 1.992

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


CyberAgent  (OTCPK:CYAGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.45/1.25
=5.16

* 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 CyberAgent was 17.98. The lowest was 4.09. And the median was 9.65.


Be Aware

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


CyberAgent Cyclically Adjusted Book per Share Related Terms

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


CyberAgent (CyberAgent) Business Description

Traded in Other Exchanges
Address
hibuya Mark City West 1-12-1 Dogenzaka, Shibuya-Ku, Tokyo, JPN, 150-0043
CyberAgent is one of the top digital advertising companies in Japan. Its main business is internet advertising, which accounts for over 50% of companywide revenue. Currently, it is one of the market leaders, with about 12% market share in the digital advertisement market, alongside Dentsu with 13% and Hakuhodo with 11%. It also operates a video game segment (about 20% of total revenue) and a media segment, which is mainly Abema, an online TV program streaming site (about 20% of total revenue).