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Ryohin Keikaku Co (FRA:3RK) Cyclically Adjusted Book per Share : €4.49 (As of Feb. 2024)


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What is Ryohin Keikaku 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.

Ryohin Keikaku Co's adjusted book value per share for the three months ended in Feb. 2024 was €6.632. 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 €4.49 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Ryohin Keikaku Co's average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Ryohin Keikaku Co was 12.50% per year. The lowest was 11.10% per year. And the median was 11.20% per year.

As of today (2024-06-23), Ryohin Keikaku Co's current stock price is €15.20. Ryohin Keikaku Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €4.49. Ryohin Keikaku Co's Cyclically Adjusted PB Ratio of today is 3.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ryohin Keikaku Co was 9.64. The lowest was 1.89. And the median was 3.46.


Ryohin Keikaku Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ryohin Keikaku 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.

Ryohin Keikaku Co Cyclically Adjusted Book per Share Chart

Ryohin Keikaku Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 4.41 4.27 4.45 4.38

Ryohin Keikaku Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.55 4.58 4.38 4.41 4.49

Competitive Comparison of Ryohin Keikaku Co's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Ryohin Keikaku 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.


Ryohin Keikaku Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ryohin Keikaku Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ryohin Keikaku 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, Ryohin Keikaku Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=6.632/106.9000*106.9000
=6.632

Current CPI (Feb. 2024) = 106.9000.

Ryohin Keikaku Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 2.931 98.100 3.194
201408 3.076 98.300 3.345
201411 3.058 97.900 3.339
201502 3.319 97.600 3.635
201505 3.626 98.700 3.927
201508 3.752 98.400 4.076
201511 3.949 98.100 4.303
201602 4.140 97.800 4.525
201605 4.383 98.200 4.771
201608 4.724 97.900 5.158
201611 4.554 98.600 4.937
201702 4.827 98.100 5.260
201705 4.589 98.600 4.975
201708 4.625 98.500 5.019
201711 4.740 99.100 5.113
201802 4.870 99.500 5.232
201805 5.199 99.300 5.597
201808 5.476 99.800 5.866
201811 5.623 100.000 6.011
201902 5.802 99.700 6.221
201905 5.999 100.000 6.413
201908 6.350 100.000 6.788
201911 6.323 100.500 6.726
202002 6.489 100.300 6.916
202005 6.317 100.100 6.746
202008 0.000 100.100 0.000
202011 5.973 99.500 6.417
202102 6.084 99.800 6.517
202105 6.008 99.400 6.461
202108 6.260 99.700 6.712
202111 6.323 100.100 6.753
202202 6.529 100.700 6.931
202205 6.468 101.800 6.792
202208 6.701 102.700 6.975
202211 6.183 103.900 6.362
202302 6.356 104.000 6.533
202305 6.367 105.100 6.476
202308 6.331 105.900 6.391
202311 6.371 106.900 6.371
202402 6.632 106.900 6.632

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


Ryohin Keikaku Co  (FRA:3RK) 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.

Ryohin Keikaku Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.20/4.49
=3.39

* 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 Ryohin Keikaku Co was 9.64. The lowest was 1.89. And the median was 3.46.


Be Aware

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


Ryohin Keikaku Co Cyclically Adjusted Book per Share Related Terms

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


Ryohin Keikaku Co (FRA:3RK) Business Description

Traded in Other Exchanges
Address
4-26-3 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 170-8424
Ryohin Keikaku Co., Ltd. otherwise known as Muji, is a Japanese retailer offering household and consumer goods. The company has a no-logo, no-brand policy. Its lower price strategy is based around the selection of materials, efficient manufacturing processes, and simplified packaging. The product portfolio ranges from stationery to clothing for men and women, food items, and major kitchen appliances. Its business includes also Muji Cafe & Meal, Muji Campsite, Muji House, and Idee. The Muji Cafe & Meal division operates Cafe Muji, offering cuisine, desserts, and beverages. Muji Campsite operates campsites and the surrounding forest areas. Muji House provides flexible framework for home interiors, such as The House of Woods and The House of Windows.

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