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Maruwa Co (LSE:MAW) Cyclically Adjusted Book per Share : 円5,419.37 (As of Dec. 2024)


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What is Maruwa 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.

Maruwa Co's adjusted book value per share for the three months ended in Dec. 2024 was 円9,986.305. 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 円5,419.37 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Maruwa 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 Maruwa Co was 11.90% per year. The lowest was 6.20% per year. And the median was 8.60% per year.

As of today (2025-05-10), Maruwa Co's current stock price is 円30930.00. Maruwa Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円5,419.37. Maruwa Co's Cyclically Adjusted PB Ratio of today is 5.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maruwa Co was 8.62. The lowest was 1.39. And the median was 3.10.


Maruwa Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Maruwa 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.

Maruwa Co Cyclically Adjusted Book per Share Chart

Maruwa Co 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 3,811.78 4,081.43 4,474.56 5,226.38 -

Maruwa Co 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 5,226.38 5,426.92 5,234.54 5,419.37 -

Competitive Comparison of Maruwa Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Maruwa 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.


Maruwa Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maruwa Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=9986.305/110.7000*110.7000
=9,986.305

Current CPI (Dec. 2024) = 110.7000.

Maruwa Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 3,319.725 97.900 3,753.765
201506 3,346.861 98.400 3,765.219
201509 3,260.629 98.500 3,664.484
201512 3,330.129 98.100 3,757.852
201603 3,376.554 97.900 3,818.024
201606 3,322.747 98.100 3,749.522
201609 3,353.945 98.000 3,788.589
201612 3,467.650 98.400 3,901.106
201703 3,506.619 98.100 3,957.010
201706 3,591.675 98.500 4,036.532
201709 3,747.355 98.800 4,198.706
201712 3,889.742 99.400 4,331.936
201803 3,965.830 99.200 4,425.578
201806 4,060.296 99.200 4,530.996
201809 4,202.929 99.900 4,657.300
201812 4,282.922 99.700 4,755.461
201903 4,451.920 99.700 4,943.105
201906 4,515.400 99.800 5,008.565
201909 4,616.521 100.100 5,105.383
201912 4,718.333 100.500 5,197.209
202003 4,821.081 100.300 5,320.974
202006 4,915.808 99.900 5,447.247
202009 5,064.419 99.900 5,611.924
202012 5,200.834 99.300 5,797.909
202103 5,378.080 99.900 5,959.494
202106 5,522.046 99.500 6,143.623
202109 5,798.103 100.100 6,412.088
202112 6,105.203 100.100 6,751.708
202203 6,458.016 101.100 7,071.240
202206 6,809.354 101.800 7,404.671
202209 7,180.028 103.100 7,709.303
202212 7,378.455 104.100 7,846.253
202303 7,636.003 104.400 8,096.796
202306 7,860.825 105.200 8,271.800
202309 8,200.778 106.200 8,548.269
202312 8,439.780 106.800 8,747.974
202403 8,850.786 107.200 9,139.758
202406 9,240.801 108.200 9,454.313
202409 9,564.749 108.900 9,722.844
202412 9,986.305 110.700 9,986.305

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


Maruwa Co  (LSE:MAW) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30930.00/5419.37
=5.71

* 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 Maruwa Co was 8.62. The lowest was 1.39. And the median was 3.10.


Be Aware

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


Maruwa Co Cyclically Adjusted Book per Share Related Terms

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


Maruwa Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maruwa Co Ltd (LSE:MAW) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
3-83, Minamihonjigahara-cho, Aichi, Owariasahi, JPN, 488-0044
Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in four business divisions namely Ceramics that produces ceramic substrates, designs, and patterns circuits on substrates, processes components mounting, Electronic Components/Devices that produce radio frequency components or devices such as EMI filters, magnetic sheets, inductors, and EMC components, Quartz Glass that produces quartz glass products, including quartz boats and tubes for the semiconductor industry, multi-walled piping burner for optical fiber, and machined products, and Light-Emitting Diode that produces light-emitting diode lighting fixtures including street lighting, lighting for interior and high ceiling.

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