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Lawson (Lawson) Cyclically Adjusted Book per Share : $13.94 (As of Feb. 2024)


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What is Lawson 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.

Lawson's adjusted book value per share for the three months ended in Feb. 2024 was $19.017. 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 $13.94 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Lawson's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Lawson was 3.50% per year. The lowest was 2.20% per year. And the median was 2.85% per year.

As of today (2024-06-01), Lawson's current stock price is $49.78. Lawson's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $13.94. Lawson's Cyclically Adjusted PB Ratio of today is 3.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lawson was 3.61. The lowest was 1.59. And the median was 2.19.


Lawson Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lawson'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.

Lawson Cyclically Adjusted Book per Share Chart

Lawson Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.10 23.43 25.06 17.80 13.94

Lawson Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 17.80 21.22 18.88 19.51 13.94

Competitive Comparison of Lawson's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Lawson'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.


Lawson's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Lawson's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lawson 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, Lawson's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=19.017/106.9000*106.9000
=19.017

Current CPI (Feb. 2024) = 106.9000.

Lawson Quarterly Data

Book Value per Share CPI Adj_Book
201405 23.898 98.100 26.042
201408 24.842 98.300 27.015
201411 22.016 97.900 24.040
201502 21.585 97.600 23.642
201505 20.928 98.700 22.667
201508 21.615 98.400 23.482
201511 21.587 98.100 23.523
201602 23.095 97.800 25.244
201605 23.823 98.200 25.934
201608 26.852 97.900 29.321
201611 25.017 98.600 27.123
201702 24.369 98.100 26.555
201705 23.989 98.600 26.008
201708 25.856 98.500 28.061
201711 24.916 99.100 26.877
201802 25.535 99.500 27.434
201805 24.546 99.300 26.425
201808 25.427 99.800 27.236
201811 24.510 100.000 26.201
201902 25.042 99.700 26.850
201905 24.313 100.000 25.991
201908 26.332 100.000 28.149
201911 25.474 100.500 27.096
202002 24.626 100.300 26.246
202005 24.397 100.100 26.054
202008 25.487 100.100 27.218
202011 25.997 99.500 27.930
202102 25.412 99.800 27.220
202105 24.642 99.400 26.501
202108 25.406 99.700 27.241
202111 24.461 100.100 26.123
202202 20.098 100.700 21.335
202205 21.301 101.800 22.368
202208 20.920 102.700 21.776
202211 19.896 103.900 20.470
202302 18.771 104.000 19.294
202305 18.906 105.100 19.230
202308 19.108 105.900 19.288
202311 18.652 106.900 18.652
202402 19.017 106.900 19.017

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


Lawson  (OTCPK:LWSOF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.78/13.94
=3.57

* 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 Lawson was 3.61. The lowest was 1.59. And the median was 2.19.


Be Aware

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


Lawson Cyclically Adjusted Book per Share Related Terms

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


Lawson (Lawson) Business Description

Traded in Other Exchanges
Address
East Tower, Gate City Osaki, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-8643
Lawson is the third-largest convenience-store operator in Japan with more than 14,500 stores domestically, and more than 3,400 stores overseas with more than 90% of stores located in China. Convenience-store operations inclusive of franchise fees represent about 55% of group operating revenue and 75% of operating profits. Other activities include Seijo Ishii (an upscale food-store chain with 163 stores in Japan as of November 2020) and entertainment businesses comprising cinema operations with 43 theaters, the HMV music store chain, and Lawson HMV ticketing services.

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