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Disco (DISPF) Cyclically Adjusted Book per Share : $16.18 (As of Dec. 2024)


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What is Disco 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.

Disco's adjusted book value per share for the three months ended in Dec. 2024 was $27.223. 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 $16.18 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Disco'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 Disco was 12.40% per year. The lowest was 8.00% per year. And the median was 9.55% per year.

As of today (2025-05-21), Disco's current stock price is $181.00. Disco's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $16.18. Disco's Cyclically Adjusted PB Ratio of today is 11.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Disco was 29.11. The lowest was 3.05. And the median was 6.47.


Disco Cyclically Adjusted Book per Share Historical Data

The historical data trend for Disco'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.

Disco Cyclically Adjusted Book per Share Chart

Disco 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 13.45 11.72 14.88 14.24 -

Disco 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 14.24 - 18.48 16.18 -

Competitive Comparison of Disco's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Disco'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.


Disco's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Disco 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, Disco'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)
=27.223/110.7000*110.7000
=27.223

Current CPI (Dec. 2024) = 110.7000.

Disco Quarterly Data

Book Value per Share CPI Adj_Book
201503 11.776 97.900 13.316
201506 11.763 98.400 13.233
201509 12.500 98.500 14.048
201512 12.426 98.100 14.022
201603 13.855 97.900 15.666
201606 14.450 98.100 16.306
201609 15.476 98.000 17.482
201612 13.843 98.400 15.573
201703 14.916 98.100 16.832
201706 15.249 98.500 17.138
201709 16.154 98.800 18.100
201712 16.071 99.400 17.898
201803 17.951 99.200 20.032
201806 17.209 99.200 19.204
201809 17.589 99.900 19.491
201812 17.698 99.700 19.651
201903 18.362 99.700 20.388
201906 17.903 99.800 19.858
201909 18.561 100.100 20.527
201912 18.576 100.500 20.461
202003 19.527 100.300 21.552
202006 18.978 99.900 21.030
202009 20.259 99.900 22.449
202012 21.090 99.300 23.511
202103 21.445 99.900 23.763
202106 20.396 99.500 22.692
202109 21.867 100.100 24.183
202112 22.007 100.100 24.337
202203 22.864 101.100 25.035
202206 19.973 101.800 21.719
202209 20.401 103.100 21.905
202212 22.089 104.100 23.489
202303 24.025 104.400 25.475
202306 22.138 105.200 23.295
202309 22.481 106.200 23.434
202312 23.686 106.800 24.551
202403 25.034 107.200 25.851
202406 0.000 108.200 0.000
202409 28.160 108.900 28.625
202412 27.223 110.700 27.223

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


Disco  (OTCPK:DISPF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=181.00/16.18
=11.19

* 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 Disco was 29.11. The lowest was 3.05. And the median was 6.47.


Be Aware

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


Disco Cyclically Adjusted Book per Share Related Terms

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


Disco Business Description

Industry
Traded in Other Exchanges
Address
13-11 Omori-Kita 2-chome, Ota-ku, Tokyo, JPN, 143-8580
Disco Corp is a Japan-based company that manufactures and distributes precision processing and other manufacturing equipment. The firm's product portfolio includes dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, water jet saws, dicing blades, grinding wheels, polishing wheels, and related products. Precision processing equipment, predominantly grinders and dicers, make up roughly half of the firm's sales. The firm generates more than half of its revenue in Asia, with the rest coming from Japan, Europe, and the Americas.

Disco Headlines

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