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DAWIF (Daiwa Industries) Cyclically Adjusted Book per Share : $8.93 (As of Dec. 2024)


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What is Daiwa Industries 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.

Daiwa Industries's adjusted book value per share for the three months ended in Dec. 2024 was $8.993. 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 $8.93 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Daiwa Industries's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Daiwa Industries was 6.20% per year. The lowest was 5.20% per year. And the median was 5.60% per year.

As of today (2025-05-04), Daiwa Industries's current stock price is $10.20. Daiwa Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $8.93. Daiwa Industries's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daiwa Industries was 1.68. The lowest was 0.78. And the median was 1.12.


Daiwa Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daiwa Industries'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.

Daiwa Industries Cyclically Adjusted Book per Share Chart

Daiwa Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.97 9.66 9.08 8.15 8.93

Daiwa Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.15 7.92 8.38 9.13 8.93

Competitive Comparison of Daiwa Industries's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Daiwa Industries'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.


Daiwa Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daiwa Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Daiwa Industries 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, Daiwa Industries's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=8.993/110.7000*110.7000
=8.993

Current CPI (Dec. 2024) = 110.7000.

Daiwa Industries Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.209 97.900 9.282
201506 8.192 98.400 9.216
201509 8.624 98.500 9.692
201512 8.627 98.100 9.735
201603 9.363 97.900 10.587
201606 10.286 98.100 11.607
201609 10.874 98.000 12.283
201612 9.660 98.400 10.868
201703 9.998 98.100 11.282
201706 10.389 98.500 11.676
201709 10.593 98.800 11.869
201712 10.490 99.400 11.683
201803 11.202 99.200 12.501
201806 10.994 99.200 12.269
201809 11.024 99.900 12.216
201812 11.091 99.700 12.315
201903 11.115 99.700 12.341
201906 11.656 99.800 12.929
201909 11.845 100.100 13.099
201912 11.772 100.500 12.967
202003 11.806 100.300 13.030
202006 11.973 99.900 13.267
202009 12.423 99.900 13.766
202012 12.779 99.300 14.246
202103 12.214 99.900 13.534
202106 12.289 99.500 13.672
202109 12.400 100.100 13.713
202112 12.010 100.100 13.282
202203 9.751 101.100 10.677
202206 8.821 101.800 9.592
202209 8.359 103.100 8.975
202212 9.038 104.100 9.611
202303 9.177 104.400 9.731
202306 8.906 105.200 9.372
202309 8.669 106.200 9.036
202312 9.044 106.800 9.374
202403 8.738 107.200 9.023
202406 8.496 108.200 8.692
202409 9.505 108.900 9.662
202412 8.993 110.700 8.993

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


Daiwa Industries  (OTCPK:DAWIF) 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.

Daiwa Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.20/8.93
=1.14

* 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 Daiwa Industries was 1.68. The lowest was 0.78. And the median was 1.12.


Be Aware

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


Daiwa Industries Cyclically Adjusted Book per Share Related Terms

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


Daiwa Industries Business Description

Traded in Other Exchanges
Address
3-13 Obase-cho, Daiwa Reiki Uehonmachi DRK Building, Tennoji-ward, Osaka, JPN, 543-0028
Daiwa Industries Ltd is a Japanese company that primarily manufactures, sells, and leases freezers, refrigerators, showcases, ice machines, vending machines, cold-applied products, kitchen equipment, equipment, and parts. The company is also involved in planning, designing, and construction of stores and kitchens. Other business activities of the company include construction work and power generation.

Daiwa Industries Headlines

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