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Toshiba (LSE:TOS) Cyclically Adjusted Book per Share : 円0.00 (As of Sep. 2023)


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What is Toshiba Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Toshiba's adjusted book value per share for the three months ended in Sep. 2023 was 円291.621. 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0.00 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Toshiba's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.10% 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 Toshiba was 0.30% per year. The lowest was -18.70% per year. And the median was -5.30% per year.

As of today (2024-05-15), Toshiba's current stock price is 円423.50. Toshiba's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was 円0.00. Toshiba's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toshiba was 27240719.62. The lowest was 11958309.83. And the median was 26433400.81.


Toshiba Cyclically Adjusted Book per Share Historical Data

The historical data trend for Toshiba'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.

Toshiba Cyclically Adjusted Book per Share Chart

Toshiba Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
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Toshiba Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Toshiba's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Toshiba'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.


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

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

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



Toshiba 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, Toshiba's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=291.621/106.2000*106.2000
=291.621

Current CPI (Sep. 2023) = 106.2000.

Toshiba Quarterly Data

Book Value per Share CPI Adj_Book
201312 288.400 95.600 320.377
201403 242.562 95.700 269.175
201406 285.523 98.000 309.414
201409 305.951 98.500 329.868
201412 336.848 97.900 365.406
201503 255.977 97.900 277.679
201506 259.576 98.400 280.152
201509 241.293 98.500 260.155
201512 124.561 98.100 134.846
201603 77.661 97.900 84.245
201606 79.362 98.100 85.915
201609 85.776 98.000 92.953
201612 -53.294 98.400 -57.519
201703 -130.574 98.100 -141.355
201706 -119.075 98.500 -128.383
201709 -146.353 98.800 -157.315
201712 -0.919 99.400 -0.982
201803 184.931 99.200 197.981
201806 439.674 99.200 470.699
201809 457.487 99.900 486.338
201812 374.616 99.700 399.039
201903 343.978 99.700 366.404
201906 283.151 99.800 301.309
201909 249.612 100.100 264.823
201912 237.301 100.500 250.760
202003 221.928 100.300 234.983
202006 216.686 99.900 230.351
202009 220.920 99.900 234.852
202012 231.052 99.300 247.107
202103 274.995 99.900 292.337
202106 271.686 99.500 289.980
202109 246.808 100.100 261.848
202112 259.274 100.100 275.074
202203 284.937 101.100 299.311
202206 288.502 101.800 300.972
202209 294.194 103.100 303.040
202212 280.704 104.100 286.367
202303 294.559 104.400 299.638
202306 294.637 105.200 297.438
202309 291.621 106.200 291.621

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


Toshiba  (LSE:TOS) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toshiba was 27240719.62. The lowest was 11958309.83. And the median was 26433400.81.


Be Aware

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


Toshiba Cyclically Adjusted Book per Share Related Terms

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


Toshiba (LSE:TOS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Toshiba Corp (LSE:TOS) » Definitions » Cyclically Adjusted Book per Share
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1-1, Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8001
Founded in 1875, Toshiba is Japan's largest semiconductor manufacturer and its second-largest diversified industrial conglomerate. After the accounting scandal in 2015, Toshiba reorganized into six major segments: energy systems and solutions; infrastructure systems and solutions; building solutions; retail and printing solutions; storage and electronic devices solutions; and digital solutions. Toshiba is the second-largest manufacturer of NAND flash memory with a market share of 16.5% in 2017, and it concentrates business resources in this area.

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