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Dentsu Soken (FRA:ISW) Cyclically Adjusted Book per Share : €5.94 (As of Dec. 2024)


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What is Dentsu Soken 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.

Dentsu Soken's adjusted book value per share for the three months ended in Dec. 2024 was €8.701. 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 €5.94 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Dentsu Soken's average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 Dentsu Soken was 10.80% per year. The lowest was 4.70% per year. And the median was 7.60% per year.

As of today (2025-05-25), Dentsu Soken's current stock price is €40.80. Dentsu Soken's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €5.94. Dentsu Soken's Cyclically Adjusted PB Ratio of today is 6.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dentsu Soken was 6.94. The lowest was 1.95. And the median was 5.17.


Dentsu Soken Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dentsu Soken'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.

Dentsu Soken Cyclically Adjusted Book per Share Chart

Dentsu Soken Annual Data
Trend Mar15 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 5.20 5.44 5.56 5.52 5.94

Dentsu Soken 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 5.31 5.29 5.92 5.94 -

Competitive Comparison of Dentsu Soken's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Dentsu Soken'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.


Dentsu Soken's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Dentsu Soken 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, Dentsu Soken'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)
=8.701/110.7000*110.7000
=8.701

Current CPI (Dec. 2024) = 110.7000.

Dentsu Soken Quarterly Data

Book Value per Share CPI Adj_Book
201503 4.766 97.900 5.389
201506 4.367 98.400 4.913
201509 4.787 98.500 5.380
201512 4.861 98.100 5.485
201603 5.222 97.900 5.905
201606 5.617 98.100 6.338
201609 5.813 98.000 6.566
201612 5.643 98.400 6.348
201703 5.762 98.100 6.502
201706 5.764 98.500 6.478
201709 5.352 98.800 5.997
201712 5.484 99.400 6.107
201803 5.670 99.200 6.327
201806 5.895 99.200 6.578
201809 5.823 99.900 6.453
201812 6.123 99.700 6.799
201903 6.301 99.700 6.996
201906 6.676 99.800 7.405
201909 6.954 100.100 7.690
201912 6.944 100.500 7.649
202003 7.156 100.300 7.898
202006 7.341 99.900 8.135
202009 7.194 99.900 7.972
202012 7.239 99.300 8.070
202103 7.194 99.900 7.972
202106 7.233 99.500 8.047
202109 7.448 100.100 8.237
202112 7.808 100.100 8.635
202203 7.973 101.100 8.730
202206 7.655 101.800 8.324
202209 7.687 103.100 8.254
202212 7.940 104.100 8.443
202303 8.038 104.400 8.523
202306 7.881 105.200 8.293
202309 7.710 106.200 8.037
202312 8.121 106.800 8.418
202403 7.889 107.200 8.147
202406 7.863 108.200 8.045
202409 8.327 108.900 8.465
202412 8.701 110.700 8.701

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


Dentsu Soken  (FRA:ISW) 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.

Dentsu Soken's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.80/5.94
=6.87

* 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 Dentsu Soken was 6.94. The lowest was 1.95. And the median was 5.17.


Be Aware

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


Dentsu Soken Cyclically Adjusted Book per Share Related Terms

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


Dentsu Soken Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Dentsu Soken Inc (FRA:ISW) » Definitions » Cyclically Adjusted Book per Share
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Address
2-17-1, Konan, Minato-ku, Tokyo, JPN, 108-0075
Dentsu Soken Inc provides a range of information technology, or IT, and consulting services. The company organizes itself into four segments based on service type. The financial solutions segment, which generates more revenue than any other segment, builds algorithmic trading systems and provides cash management, banking, and corporate finance services. The manufacturing solutions segment provides IT solutions for the entire product lifecycle, from product development and production, to sales and maintenance in the manufacturing industry. The communication IT solutions segment provides e-commerce and customer relationship management services. The business solutions segment provides consulting and IT services.

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