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Kurita Water Industries (FRA:KWI) Cyclically Adjusted Book per Share : €14.08 (As of Mar. 2024)


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What is Kurita Water Industries 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.

Kurita Water Industries's adjusted book value per share for the three months ended in Mar. 2024 was €18.101. 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 €14.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kurita Water Industries's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Kurita Water Industries was 5.90% per year. The lowest was 3.40% per year. And the median was 4.05% per year.

As of today (2024-05-16), Kurita Water Industries's current stock price is €39.02. Kurita Water Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.08. Kurita Water Industries's Cyclically Adjusted PB Ratio of today is 2.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kurita Water Industries was 3.06. The lowest was 1.15. And the median was 2.14.


Kurita Water Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Cyclically Adjusted Book per Share Chart

Kurita Water Industries 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 16.60 15.02 15.19 15.44 14.08

Kurita Water Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.44 14.13 14.44 14.65 14.08

Competitive Comparison of Kurita Water Industries's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kurita Water Industries 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, Kurita Water Industries's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.101/107.2000*107.2000
=18.101

Current CPI (Mar. 2024) = 107.2000.

Kurita Water Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.114 98.000 14.345
201409 13.434 98.500 14.621
201412 12.740 97.900 13.950
201503 14.642 97.900 16.033
201506 13.565 98.400 14.778
201509 14.134 98.500 15.382
201512 14.656 98.100 16.016
201603 15.595 97.900 17.076
201606 16.436 98.100 17.961
201609 16.734 98.000 18.305
201612 15.744 98.400 17.152
201703 16.494 98.100 18.024
201706 16.001 98.500 17.414
201709 15.528 98.800 16.848
201712 15.681 99.400 16.912
201803 16.161 99.200 17.464
201806 16.108 99.200 17.407
201809 16.392 99.900 17.590
201812 16.253 99.700 17.476
201903 16.827 99.700 18.093
201906 17.352 99.800 18.639
201909 18.245 100.100 19.539
201912 18.164 100.500 19.375
202003 18.147 100.300 19.395
202006 17.287 99.900 18.550
202009 17.334 99.900 18.601
202012 17.300 99.300 18.676
202103 17.409 99.900 18.681
202106 16.921 99.500 18.230
202109 17.545 100.100 18.789
202112 18.028 100.100 19.307
202203 18.528 101.100 19.646
202206 17.937 101.800 18.888
202209 18.610 103.100 19.350
202212 18.166 104.100 18.707
202303 18.275 104.400 18.765
202306 17.762 105.200 18.100
202309 17.800 106.200 17.968
202312 17.879 106.800 17.946
202403 18.101 107.200 18.101

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


Kurita Water Industries  (FRA:KWI) 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.

Kurita Water Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.02/14.08
=2.77

* 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 Kurita Water Industries was 3.06. The lowest was 1.15. And the median was 2.14.


Be Aware

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


Kurita Water Industries Cyclically Adjusted Book per Share Related Terms

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


Kurita Water Industries (FRA:KWI) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

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