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KBYPF (Kobayashi Pharmaceutical Co) Cyclically Adjusted Book per Share : $14.61 (As of Jun. 2024)


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What is Kobayashi Pharmaceutical 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.

Kobayashi Pharmaceutical Co's adjusted book value per share for the three months ended in Jun. 2024 was $17.872. 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 $14.61 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Kobayashi Pharmaceutical Co's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Kobayashi Pharmaceutical Co was 8.80% per year. The lowest was 6.60% per year. And the median was 7.55% per year.

As of today (2024-09-22), Kobayashi Pharmaceutical Co's current stock price is $32.485. Kobayashi Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $14.61. Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio of today is 2.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kobayashi Pharmaceutical Co was 7.35. The lowest was 2.19. And the median was 4.91.


Kobayashi Pharmaceutical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kobayashi Pharmaceutical 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.

Kobayashi Pharmaceutical Co Cyclically Adjusted Book per Share Chart

Kobayashi Pharmaceutical Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.63 9.05 16.72 12.83 18.44

Kobayashi Pharmaceutical Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 15.37 18.43 18.44 15.07 14.61

Competitive Comparison of Kobayashi Pharmaceutical Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Kobayashi Pharmaceutical 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.


Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kobayashi Pharmaceutical 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, Kobayashi Pharmaceutical Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=17.872/108.2000*108.2000
=17.872

Current CPI (Jun. 2024) = 108.2000.

Kobayashi Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 14.555 98.500 15.988
201412 13.670 97.900 15.108
201503 14.237 97.900 15.735
201506 14.155 98.400 15.565
201509 15.005 98.500 16.483
201512 14.894 98.100 16.427
201603 15.647 97.900 17.293
201606 16.699 98.100 18.418
201609 16.864 98.000 18.619
201612 0.000 98.400 0.000
201703 16.791 98.100 18.520
201706 16.513 98.500 18.139
201709 16.870 98.800 18.475
201712 17.250 99.400 18.777
201803 18.399 99.200 20.068
201806 18.362 99.200 20.028
201809 18.653 99.900 20.203
201812 18.739 99.700 20.337
201903 18.930 99.700 20.544
201906 19.296 99.800 20.920
201909 19.886 100.100 21.495
201912 20.247 100.500 21.798
202003 20.252 100.300 21.847
202006 20.833 99.900 22.564
202009 21.794 99.900 23.605
202012 22.505 99.300 24.522
202103 21.893 99.900 23.712
202106 22.141 99.500 24.077
202109 22.571 100.100 24.397
202112 22.104 100.100 23.893
202203 20.992 101.100 22.466
202206 19.262 101.800 20.473
202209 18.513 103.100 19.429
202212 19.297 104.100 20.057
202303 19.538 104.400 20.249
202306 19.383 105.200 19.936
202309 19.068 106.200 19.427
202312 19.136 106.800 19.387
202403 18.404 107.200 18.576
202406 17.872 108.200 17.872

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


Kobayashi Pharmaceutical Co  (OTCPK:KBYPF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.485/14.61
=2.22

* 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 Kobayashi Pharmaceutical Co was 7.35. The lowest was 2.19. And the median was 4.91.


Be Aware

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


Kobayashi Pharmaceutical Co Cyclically Adjusted Book per Share Related Terms

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Kobayashi Pharmaceutical Co Business Description

Traded in Other Exchanges
Address
KDX Kobayashi Doshomachi Building, 4-4-10 Doshomachi, Chuo-ku, Osaka, JPN, 541-0045
Kobayashi Pharmaceutical Co Ltd is a consumer product company focusing on niche markets. Its portfolio ranges from OTC pharmaceuticals, household products, to body warmers, and skincare. Kobayashi mainly sells its products in drugstores, convenience stores, and general merchandise stores, or GMSes. It has a geographical presence in Japan and is expanding overseas business in the U.S., China, and Southeast Asia.

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