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DWMNF (DOWA Holdings Co) Cyclically Adjusted Book per Share : $28.05 (As of Sep. 2024)


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What is DOWA Holdings 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.

DOWA Holdings Co's adjusted book value per share for the three months ended in Sep. 2024 was $45.971. 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 $28.05 for the trailing ten years ended in Sep. 2024.

During the past 12 months, DOWA Holdings Co's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 DOWA Holdings Co was 11.50% per year. The lowest was 7.30% per year. And the median was 8.40% per year.

As of today (2025-04-14), DOWA Holdings Co's current stock price is $30.30. DOWA Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $28.05. DOWA Holdings Co's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DOWA Holdings Co was 2.09. The lowest was 0.77. And the median was 1.27.


DOWA Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for DOWA Holdings 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.

DOWA Holdings Co Cyclically Adjusted Book per Share Chart

DOWA Holdings Co 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 8.39 29.85 31.63 29.68 28.65

DOWA Holdings Co 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 29.10 28.65 - 28.05 -

Competitive Comparison of DOWA Holdings Co's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, DOWA Holdings 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.


DOWA Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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DOWA Holdings 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, DOWA Holdings Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=45.971/108.9000*108.9000
=45.971

Current CPI (Sep. 2024) = 108.9000.

DOWA Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 25.038 97.900 27.851
201503 26.259 97.900 29.209
201506 26.092 98.400 28.876
201509 27.161 98.500 30.029
201512 27.351 98.100 30.362
201603 29.162 97.900 32.439
201606 30.549 98.100 33.912
201609 32.211 98.000 35.794
201612 29.719 98.400 32.890
201703 32.814 98.100 36.427
201706 33.446 98.500 36.977
201709 34.377 98.800 37.891
201712 35.226 99.400 38.593
201803 38.050 99.200 41.771
201806 36.100 99.200 39.630
201809 35.713 99.900 38.930
201812 35.589 99.700 38.873
201903 36.061 99.700 39.389
201906 37.212 99.800 40.605
201909 37.710 100.100 41.025
201912 38.032 100.500 41.211
202003 38.926 100.300 42.264
202006 37.350 99.900 40.715
202009 38.572 99.900 42.047
202012 40.579 99.300 44.502
202103 41.081 99.900 44.782
202106 43.138 99.500 47.213
202109 45.436 100.100 49.430
202112 45.207 100.100 49.181
202203 44.426 101.100 47.854
202206 41.164 101.800 44.035
202209 40.103 103.100 42.359
202212 43.778 104.100 45.797
202303 43.352 104.400 45.221
202306 41.812 105.200 43.283
202309 41.065 106.200 42.109
202312 43.249 106.800 44.099
202403 41.817 107.200 42.480
202406 0.000 108.200 0.000
202409 45.971 108.900 45.971

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


DOWA Holdings Co  (OTCPK:DWMNF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.30/28.05
=1.08

* 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 DOWA Holdings Co was 2.09. The lowest was 0.77. And the median was 1.27.


Be Aware

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


DOWA Holdings Co Cyclically Adjusted Book per Share Related Terms

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


DOWA Holdings Co Business Description

Traded in Other Exchanges
Address
14-1, Sotokanda 4-chome, Chiyoda-ku, Tokyo, JPN, 101-0021
DOWA Holdings Co Ltd is a Japan-based holding company, with five main business segments. The nonferrous metals segment generates roughly half of group revenue via the production and sale of copper, zinc, lead, gold, silver, and platinum, among other metals. In the environmental management and recycling division, the group engages in waste treatment, soil remediation, resource recycling, and logistics. In the electronic materials segment, the group produces and sells high-purity metal materials, compound semiconductor wafers, conductive materials, battery materials, magnetic materials, reduced iron powder, and other materials. In the metal processing segment, the group produces and sells copper, brass and copper alloy strips, electroplated products, brass rods, and metal-ceramic substrates.

DOWA Holdings Co Headlines

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