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Kansai Paint Co (Kansai Paint Co) Cyclically Adjusted Book per Share : $3.71 (As of Dec. 2023)


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What is Kansai Paint 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.

Kansai Paint Co's adjusted book value per share for the three months ended in Dec. 2023 was $5.043. 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 $3.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kansai Paint 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 Kansai Paint Co was 6.50% per year. The lowest was 5.00% per year. And the median was 5.40% per year.

As of today (2024-06-22), Kansai Paint Co's current stock price is $7.30. Kansai Paint Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.71. Kansai Paint Co's Cyclically Adjusted PB Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kansai Paint Co was 3.90. The lowest was 1.52. And the median was 2.50.


Kansai Paint Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kansai Paint 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.

Kansai Paint Co Cyclically Adjusted Book per Share Chart

Kansai Paint Co 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 - 4.44 4.05 4.06 -

Kansai Paint Co 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 4.06 3.94 3.98 3.71 -

Competitive Comparison of Kansai Paint Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kansai Paint Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kansai Paint 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, Kansai Paint Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.043/106.8000*106.8000
=5.043

Current CPI (Dec. 2023) = 106.8000.

Kansai Paint Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.142 95.700 4.622
201406 4.164 98.000 4.538
201409 4.080 98.500 4.424
201412 3.850 97.900 4.200
201503 4.135 97.900 4.511
201506 4.052 98.400 4.398
201509 4.128 98.500 4.476
201512 4.086 98.100 4.448
201603 4.243 97.900 4.629
201606 4.007 98.100 4.362
201609 4.203 98.000 4.580
201612 3.916 98.400 4.250
201703 4.359 98.100 4.746
201706 4.414 98.500 4.786
201709 4.685 98.800 5.064
201712 4.778 99.400 5.134
201803 5.064 99.200 5.452
201806 4.770 99.200 5.135
201809 4.692 99.900 5.016
201812 4.728 99.700 5.065
201903 4.724 99.700 5.060
201906 4.855 99.800 5.196
201909 4.917 100.100 5.246
201912 4.874 100.500 5.180
202003 4.857 100.300 5.172
202006 4.707 99.900 5.032
202009 4.861 99.900 5.197
202012 5.060 99.300 5.442
202103 5.133 99.900 5.488
202106 5.218 99.500 5.601
202109 5.389 100.100 5.750
202112 5.257 100.100 5.609
202203 5.253 101.100 5.549
202206 4.731 101.800 4.963
202209 4.436 103.100 4.595
202212 4.697 104.100 4.819
202303 4.753 104.400 4.862
202306 4.674 105.200 4.745
202309 4.781 106.200 4.808
202312 5.043 106.800 5.043

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


Kansai Paint Co  (OTCPK:KPTCY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.30/3.71
=1.97

* 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 Kansai Paint Co was 3.90. The lowest was 1.52. And the median was 2.50.


Be Aware

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


Kansai Paint Co Cyclically Adjusted Book per Share Related Terms

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


Kansai Paint Co (Kansai Paint Co) Business Description

Industry
Traded in Other Exchanges
Address
6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co (Kansai Paint Co) Headlines

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