GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mandom Corp (OTCPK:MDOMF) » Definitions » Cyclically Adjusted Book per Share

Mandom (Mandom) Cyclically Adjusted Book per Share : $13.03 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Mandom 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.

Mandom's adjusted book value per share for the three months ended in Mar. 2024 was $9.873. 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 $13.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mandom's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Mandom was 5.20% per year. The lowest was 4.30% per year. And the median was 4.65% per year.

As of today (2024-05-30), Mandom's current stock price is $11.75. Mandom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.03. Mandom's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mandom was 3.61. The lowest was 0.81. And the median was 1.43.


Mandom Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mandom'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.

Mandom Cyclically Adjusted Book per Share Chart

Mandom 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 14.72 15.12 25.13 11.38 13.03

Mandom 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 11.38 11.77 12.51 13.67 13.03

Competitive Comparison of Mandom's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Mandom'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.


Mandom's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mandom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mandom 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, Mandom'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)
=9.873/107.2000*107.2000
=9.873

Current CPI (Mar. 2024) = 107.2000.

Mandom Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.012 98.000 12.046
201409 10.622 98.500 11.560
201412 9.762 97.900 10.689
201503 9.943 97.900 10.888
201506 9.950 98.400 10.840
201509 10.837 98.500 11.794
201512 10.478 98.100 11.450
201603 11.308 97.900 12.382
201606 12.253 98.100 13.390
201609 12.724 98.000 13.918
201612 11.306 98.400 12.317
201703 11.981 98.100 13.092
201706 12.553 98.500 13.662
201709 12.979 98.800 14.082
201712 13.022 99.400 14.044
201803 14.000 99.200 15.129
201806 13.669 99.200 14.771
201809 13.828 99.900 14.838
201812 13.338 99.700 14.341
201903 13.462 99.700 14.475
201906 13.795 99.800 14.818
201909 13.808 100.100 14.787
201912 13.534 100.500 14.436
202003 13.889 100.300 14.844
202006 13.321 99.900 14.294
202009 13.859 99.900 14.872
202012 13.988 99.300 15.101
202103 13.168 99.900 14.130
202106 12.986 99.500 13.991
202109 12.974 100.100 13.894
202112 12.307 100.100 13.180
202203 11.871 101.100 12.587
202206 10.743 101.800 11.313
202209 10.430 103.100 10.845
202212 11.110 104.100 11.441
202303 10.835 104.400 11.126
202306 10.446 105.200 10.645
202309 10.293 106.200 10.390
202312 10.533 106.800 10.572
202403 9.873 107.200 9.873

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


Mandom  (OTCPK:MDOMF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.75/13.03
=0.90

* 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 Mandom was 3.61. The lowest was 0.81. And the median was 1.43.


Be Aware

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


Mandom Cyclically Adjusted Book per Share Related Terms

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


Mandom (Mandom) Business Description

Traded in Other Exchanges
Address
5-12 Juniken-cho Chuo-ku, Osaka, JPN, 540-8530
Mandom Corp is a Japan-based company that is principally engaged in producing, marketing, and selling cosmetic products. The company's products are categorized into hair styling, face and body care, skin care, and makeup. Its brands consist of Gatsby, Lucido-L, Lucido, Bifesta, and Pixy. The company focuses on three businesses: men's grooming, offering men's daily grooming products and general fashion items; women's cosmetics, providing women's beauty products; and women's cosmetries, offering women's grooming and fashion products. These three businesses jointly account for the majority of the company's sales. The company focuses its business in Asia, with over half of sales generated in Japan and the rest mainly from other regions across Asia, especially Indonesia.

Mandom (Mandom) Headlines

From GuruFocus

Tweedy Browne Global Value Fund Sells Outweigh Buys in 2nd Quarter

By Holly LaFon Holly LaFon 07-14-2017