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DIFTY (Daito Trust Construction Co) Cyclically Adjusted Book per Share : $8.35 (As of Mar. 2025)


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What is Daito Trust Construction 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.

Daito Trust Construction Co's adjusted book value per share for the three months ended in Mar. 2025 was $11.860. 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 $8.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Daito Trust Construction Co's average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Daito Trust Construction Co was 11.50% per year. The lowest was 4.30% per year. And the median was 8.90% per year.

As of today (2025-05-19), Daito Trust Construction Co's current stock price is $27.73. Daito Trust Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $8.35. Daito Trust Construction Co's Cyclically Adjusted PB Ratio of today is 3.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daito Trust Construction Co was 8.38. The lowest was 2.53. And the median was 3.75.


Daito Trust Construction Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daito Trust Construction 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.

Daito Trust Construction Co Cyclically Adjusted Book per Share Chart

Daito Trust Construction Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.39 7.40 7.43 7.22 8.35

Daito Trust Construction Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.22 - 7.97 7.57 8.35

Competitive Comparison of Daito Trust Construction Co's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Daito Trust Construction 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.


Daito Trust Construction Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daito Trust Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Daito Trust Construction 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, Daito Trust Construction Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.86/111.1000*111.1000
=11.860

Current CPI (Mar. 2025) = 111.1000.

Daito Trust Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.111 98.400 6.900
201509 6.644 98.500 7.494
201512 6.570 98.100 7.441
201603 7.075 97.900 8.029
201606 7.595 98.100 8.601
201609 8.380 98.000 9.500
201612 7.465 98.400 8.428
201703 7.955 98.100 9.009
201706 7.995 98.500 9.018
201709 8.843 98.800 9.944
201712 8.477 99.400 9.475
201803 9.266 99.200 10.378
201806 8.943 99.200 10.016
201809 9.484 99.900 10.547
201812 9.430 99.700 10.508
201903 9.290 99.700 10.352
201906 8.597 99.800 9.570
201909 8.852 100.100 9.825
201912 8.698 100.500 9.615
202003 9.602 100.300 10.636
202006 9.358 99.900 10.407
202009 10.252 99.900 11.401
202012 10.458 99.300 11.701
202103 10.279 99.900 11.431
202106 10.847 99.500 12.112
202109 11.717 100.100 13.005
202112 11.456 100.100 12.715
202203 11.186 101.100 12.292
202206 10.022 101.800 10.938
202209 9.936 103.100 10.707
202212 10.577 104.100 11.288
202303 11.013 104.400 11.720
202306 10.551 105.200 11.143
202309 10.678 106.200 11.171
202312 10.310 106.800 10.725
202403 10.333 107.200 10.709
202406 0.000 108.200 0.000
202409 11.917 108.900 12.158
202412 11.064 110.700 11.104
202503 11.860 111.100 11.860

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


Daito Trust Construction Co  (OTCPK:DIFTY) 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.

Daito Trust Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.73/8.35
=3.32

* 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 Daito Trust Construction Co was 8.38. The lowest was 2.53. And the median was 3.75.


Be Aware

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


Daito Trust Construction Co Cyclically Adjusted Book per Share Related Terms

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


Daito Trust Construction Co Business Description

Traded in Other Exchanges
Address
2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211
Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co Headlines

From GuruFocus

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