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Kurita Water Industries (Kurita Water Industries) Cyclically Adjusted Book per Share : $30.55 (As of Mar. 2024)


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What is Kurita Water Industries 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.

Kurita Water Industries's adjusted book value per share for the three months ended in Mar. 2024 was $39.351. 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 $30.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kurita Water Industries's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Kurita Water Industries was 5.90% per year. The lowest was 3.40% per year. And the median was 4.05% per year.

As of today (2024-06-05), Kurita Water Industries's current stock price is $85.66. Kurita Water Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.55. Kurita Water Industries's Cyclically Adjusted PB Ratio of today is 2.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kurita Water Industries was 3.06. The lowest was 1.15. And the median was 2.14.


Kurita Water Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Cyclically Adjusted Book per Share Chart

Kurita Water Industries 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 36.32 36.72 33.30 33.09 30.55

Kurita Water Industries 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 33.09 31.17 30.42 32.73 30.55

Competitive Comparison of Kurita Water Industries's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kurita Water Industries 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, Kurita Water Industries'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)
=39.351/107.2000*107.2000
=39.351

Current CPI (Mar. 2024) = 107.2000.

Kurita Water Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.637 98.000 38.983
201409 34.624 98.500 37.682
201412 31.419 97.900 34.404
201503 31.692 97.900 34.703
201506 30.450 98.400 33.173
201509 31.726 98.500 34.528
201512 31.931 98.100 34.893
201603 34.734 97.900 38.034
201606 36.935 98.100 40.361
201609 37.562 98.000 41.088
201612 33.216 98.400 36.187
201703 35.281 98.100 38.554
201706 35.956 98.500 39.132
201709 37.015 98.800 40.162
201712 37.114 99.400 40.026
201803 39.854 99.200 43.068
201806 37.637 99.200 40.672
201809 38.255 99.900 41.050
201812 36.981 99.700 39.763
201903 38.028 99.700 40.889
201906 39.214 99.800 42.122
201909 40.186 100.100 43.036
201912 40.365 100.500 43.056
202003 40.104 100.300 42.863
202006 38.934 99.900 41.779
202009 40.835 99.900 43.819
202012 42.093 99.300 45.442
202103 41.451 99.900 44.480
202106 40.772 99.500 43.927
202109 41.281 100.100 44.209
202112 40.742 100.100 43.632
202203 40.810 101.100 43.272
202206 37.923 101.800 39.935
202209 36.852 103.100 38.318
202212 38.487 104.100 39.633
202303 39.134 104.400 40.184
202306 38.488 105.200 39.220
202309 37.994 106.200 38.352
202312 38.994 106.800 39.140
202403 39.351 107.200 39.351

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


Kurita Water Industries  (OTCPK:KTWIY) 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.

Kurita Water Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.66/30.55
=2.80

* 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 Kurita Water Industries was 3.06. The lowest was 1.15. And the median was 2.14.


Be Aware

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


Kurita Water Industries Cyclically Adjusted Book per Share Related Terms

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


Kurita Water Industries (Kurita Water Industries) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (Kurita Water Industries) Headlines

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