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Creditison Co (FRA:QC9) Cyclically Adjusted Book per Share : €21.34 (As of Dec. 2024)


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What is Creditison 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.

Creditison Co's adjusted book value per share for the three months ended in Dec. 2024 was €28.931. 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 €21.34 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Creditison Co'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 Creditison Co was 7.90% per year. The lowest was 4.60% per year. And the median was 5.50% per year.

As of today (2025-05-28), Creditison Co's current stock price is €23.80. Creditison Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €21.34. Creditison Co's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Creditison Co was 1.10. The lowest was 0.38. And the median was 0.63.


Creditison Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Creditison 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.

Creditison Co Cyclically Adjusted Book per Share Chart

Creditison Co 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 19.98 20.57 21.67 20.05 -

Creditison Co 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 20.05 - 21.57 21.34 -

Competitive Comparison of Creditison Co's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Creditison 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.


Creditison Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditison Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Creditison 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, Creditison Co'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)
=28.931/110.7000*110.7000
=28.931

Current CPI (Dec. 2024) = 110.7000.

Creditison Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 18.604 97.900 21.036
201506 18.012 98.400 20.264
201509 18.854 98.500 21.189
201512 17.459 98.100 19.701
201603 20.385 97.900 23.050
201606 21.609 98.100 24.384
201609 23.486 98.000 26.530
201612 22.488 98.400 25.299
201703 22.563 98.100 25.461
201706 22.362 98.500 25.132
201709 21.726 98.800 24.343
201712 21.784 99.400 24.260
201803 22.890 99.200 25.544
201806 23.152 99.200 25.836
201809 23.075 99.900 25.570
201812 23.585 99.700 26.187
201903 23.937 99.700 26.578
201906 24.403 99.800 27.068
201909 26.107 100.100 28.872
201912 26.884 100.500 29.613
202003 26.076 100.300 28.780
202006 25.976 99.900 28.784
202009 25.797 99.900 28.586
202012 26.264 99.300 29.279
202103 26.258 99.900 29.097
202106 25.859 99.500 28.770
202109 27.093 100.100 29.962
202112 27.821 100.100 30.767
202203 27.553 101.100 30.169
202206 25.853 101.800 28.113
202209 26.479 103.100 28.431
202212 27.089 104.100 28.806
202303 26.743 104.400 28.357
202306 25.482 105.200 26.814
202309 26.613 106.200 27.741
202312 26.088 106.800 27.041
202403 26.549 107.200 27.416
202406 0.000 108.200 0.000
202409 27.529 108.900 27.984
202412 28.931 110.700 28.931

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


Creditison Co  (FRA:QC9) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.80/21.34
=1.12

* 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 Creditison Co was 1.10. The lowest was 0.38. And the median was 0.63.


Be Aware

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


Creditison Co Cyclically Adjusted Book per Share Related Terms

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


Creditison Co Business Description

Traded in Other Exchanges
Address
1-1 Higashi-Ikebukuro 3-chome, 52nd Floor, Sunshine 60 Building, Toshima-ku, Tokyo, JPN, 170-6073
Credit Saison Co Ltd is a consumer finance company operating primarily in Japan. Saison operates in five reportable business segments: credit services, leasing, finance, real estate, and entertainment. Of these, credit services make up the vast majority of revenue. The company is one of Japan's leading card companies. The company issues Visa, MasterCard, American Express, and affinity cards carrying the Saison brand to a multitude of cardholders. Saison also provides insurance and asset management. The company is affiliated with the Mizuho Financial Group.

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