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Kanematsu (Kanematsu) Cyclically Adjusted Book per Share : $7.75 (As of Mar. 2024)


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What is Kanematsu 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.

Kanematsu's adjusted book value per share for the three months ended in Mar. 2024 was $12.727. 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 $7.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kanematsu's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 Kanematsu was 13.20% per year. The lowest was 12.00% per year. And the median was 12.60% per year.

As of today (2024-06-09), Kanematsu's current stock price is $12.90. Kanematsu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.75. Kanematsu's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kanematsu was 2.24. The lowest was 1.00. And the median was 1.34.


Kanematsu Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kanematsu'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.

Kanematsu Cyclically Adjusted Book per Share Chart

Kanematsu 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 - 9.71 12.10 11.26 7.75

Kanematsu 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 11.26 9.42 9.37 9.56 7.75

Competitive Comparison of Kanematsu's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Kanematsu'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.


Kanematsu's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kanematsu's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kanematsu 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, Kanematsu'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)
=12.727/107.2000*107.2000
=12.727

Current CPI (Mar. 2024) = 107.2000.

Kanematsu Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.418 98.000 9.208
201409 8.664 98.500 9.429
201412 8.557 97.900 9.370
201503 8.906 97.900 9.752
201506 8.915 98.400 9.712
201509 9.336 98.500 10.161
201512 9.384 98.100 10.254
201603 9.666 97.900 10.584
201606 9.801 98.100 10.710
201609 10.577 98.000 11.570
201612 10.336 98.400 11.260
201703 10.581 98.100 11.563
201706 11.129 98.500 12.112
201709 11.730 98.800 12.727
201712 12.152 99.400 13.106
201803 13.006 99.200 14.055
201806 12.773 99.200 13.803
201809 13.013 99.900 13.964
201812 12.623 99.700 13.573
201903 13.507 99.700 14.523
201906 13.769 99.800 14.790
201909 14.347 100.100 15.365
201912 14.323 100.500 15.278
202003 14.563 100.300 15.565
202006 14.591 99.900 15.657
202009 15.257 99.900 16.372
202012 15.604 99.300 16.845
202103 15.868 99.900 17.028
202106 15.656 99.500 16.868
202109 16.221 100.100 17.372
202112 15.983 100.100 17.117
202203 16.118 101.100 17.091
202206 15.104 101.800 15.905
202209 14.653 103.100 15.236
202212 15.122 104.100 15.572
202303 11.519 104.400 11.828
202306 11.610 105.200 11.831
202309 11.888 106.200 12.000
202312 11.936 106.800 11.981
202403 12.727 107.200 12.727

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


Kanematsu  (OTCPK:KSTUF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.90/7.75
=1.66

* 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 Kanematsu was 2.24. The lowest was 1.00. And the median was 1.34.


Be Aware

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


Kanematsu Cyclically Adjusted Book per Share Related Terms

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


Kanematsu (Kanematsu) Business Description

Industry
Traded in Other Exchanges
Address
2-1 Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8005
Kanematsu Corp is a provider of products and services to various operations including Electronics and Devices, Foods and Grain, Steel, Materials and Plant, and Motor Vehicles and Aerospace. Its products portfolio under Electronics and Devices includes semiconductor equipment, industrial electronics, mobile, electronics components and materials; Food and Grains include foods, meat, and marine products, grain, feedstuff; Steel, Materials and Plant include steel, functional chemicals and energy, plants; and Motor Vehicles and Aerospace include motor vehicles and parts and aerospace.

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