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JVCZY (JVCKenwood) Cyclically Adjusted Book per Share : $19.14 (As of Mar. 2025)


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What is JVCKenwood 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.

JVCKenwood's adjusted book value per share for the three months ended in Mar. 2025 was $22.683. 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 $19.14 for the trailing ten years ended in Mar. 2025.

During the past 12 months, JVCKenwood's average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 JVCKenwood was 8.50% per year. The lowest was -6.50% per year. And the median was 2.20% per year.

As of today (2025-06-27), JVCKenwood's current stock price is $46.62. JVCKenwood's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $19.14. JVCKenwood's Cyclically Adjusted PB Ratio of today is 2.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JVCKenwood was 3.61. The lowest was 0.33. And the median was 0.66.


JVCKenwood Cyclically Adjusted Book per Share Historical Data

The historical data trend for JVCKenwood'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.

JVCKenwood Cyclically Adjusted Book per Share Chart

JVCKenwood 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 13.89 16.38 12.02 8.45 19.14

JVCKenwood 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 8.45 8.86 12.79 9.60 19.14

Competitive Comparison of JVCKenwood's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, JVCKenwood'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.


JVCKenwood's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JVCKenwood's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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JVCKenwood 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, JVCKenwood's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=22.683/111.1000*111.1000
=22.683

Current CPI (Mar. 2025) = 111.1000.

JVCKenwood Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.451 98.400 18.574
201509 15.176 98.500 17.117
201512 14.926 98.100 16.904
201603 11.133 97.900 12.634
201606 11.425 98.100 12.939
201609 10.898 98.000 12.355
201612 11.120 98.400 12.555
201703 10.083 98.100 11.419
201706 14.246 98.500 16.068
201709 15.068 98.800 16.944
201712 15.825 99.400 17.688
201803 13.746 99.200 15.395
201806 13.633 99.200 15.268
201809 13.873 99.900 15.428
201812 13.400 99.700 14.932
201903 13.612 99.700 15.168
201906 13.338 99.800 14.848
201909 13.000 100.100 14.429
201912 13.867 100.500 15.330
202003 12.800 100.300 14.178
202006 12.035 99.900 13.384
202009 12.255 99.900 13.629
202012 13.531 99.300 15.139
202103 14.511 99.900 16.138
202106 14.474 99.500 16.161
202109 14.219 100.100 15.782
202112 14.452 100.100 16.040
202203 16.403 101.100 18.025
202206 16.065 101.800 17.533
202209 16.151 103.100 17.404
202212 17.633 104.100 18.819
202303 18.087 104.400 19.248
202306 18.974 105.200 20.038
202309 19.199 106.200 20.085
202312 19.741 106.800 20.536
202403 20.327 107.200 21.067
202406 21.009 108.200 21.572
202409 21.970 108.900 22.414
202412 21.982 110.700 22.061
202503 22.683 111.100 22.683

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


JVCKenwood  (OTCPK:JVCZY) 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.

JVCKenwood's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.62/19.14
=2.44

* 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 JVCKenwood was 3.61. The lowest was 0.33. And the median was 0.66.


Be Aware

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


JVCKenwood Cyclically Adjusted Book per Share Related Terms

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


JVCKenwood Business Description

Traded in Other Exchanges
Address
3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022
JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.

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