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MRAAF (Murata Manufacturing Co) Cyclically Adjusted Book per Share : $6.15 (As of Jun. 2024)


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What is Murata Manufacturing 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.

Murata Manufacturing Co's adjusted book value per share for the three months ended in Jun. 2024 was $8.749. 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 $6.15 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Murata Manufacturing Co's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Murata Manufacturing Co was 12.30% per year. The lowest was 6.90% per year. And the median was 7.80% per year.

As of today (2024-09-26), Murata Manufacturing Co's current stock price is $18.17. Murata Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $6.15. Murata Manufacturing Co's Cyclically Adjusted PB Ratio of today is 2.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Murata Manufacturing Co was 5.59. The lowest was 2.44. And the median was 3.43.


Murata Manufacturing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Murata Manufacturing 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.

Murata Manufacturing Co Cyclically Adjusted Book per Share Chart

Murata Manufacturing Co 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 5.62 6.06 6.02 6.34 6.39

Murata Manufacturing Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.07 5.93 6.66 6.39 6.15

Competitive Comparison of Murata Manufacturing Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Murata Manufacturing 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=8.749/108.2000*108.2000
=8.749

Current CPI (Jun. 2024) = 108.2000.

Murata Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 4.989 98.500 5.480
201412 4.796 97.900 5.301
201503 4.896 97.900 5.411
201506 4.912 98.400 5.401
201509 5.288 98.500 5.809
201512 5.374 98.100 5.927
201603 5.712 97.900 6.313
201606 6.036 98.100 6.657
201609 6.467 98.000 7.140
201612 5.995 98.400 6.592
201703 6.267 98.100 6.912
201706 6.452 98.500 7.087
201709 6.768 98.800 7.412
201712 6.722 99.400 7.317
201803 7.157 99.200 7.806
201806 6.975 99.200 7.608
201809 7.221 99.900 7.821
201812 7.277 99.700 7.897
201903 7.519 99.700 8.160
201906 7.708 99.800 8.357
201909 7.899 100.100 8.538
201912 8.006 100.500 8.619
202003 8.198 100.300 8.844
202006 8.237 99.900 8.921
202009 8.694 99.900 9.416
202012 9.071 99.300 9.884
202103 9.206 99.900 9.971
202106 9.299 99.500 10.112
202109 9.736 100.100 10.524
202112 9.749 100.100 10.538
202203 9.840 101.100 10.531
202206 9.127 101.800 9.701
202209 8.879 103.100 9.318
202212 9.189 104.100 9.551
202303 9.346 104.400 9.686
202306 9.070 105.200 9.329
202309 9.029 106.200 9.199
202312 9.161 106.800 9.281
202403 9.031 107.200 9.115
202406 8.749 108.200 8.749

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


Murata Manufacturing Co  (OTCPK:MRAAF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.17/6.15
=2.95

* 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 Murata Manufacturing Co was 5.59. The lowest was 2.44. And the median was 3.43.


Be Aware

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


Murata Manufacturing Co Cyclically Adjusted Book per Share Related Terms

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


Murata Manufacturing Co Business Description

Industry
Traded in Other Exchanges
Address
No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

Murata Manufacturing Co Headlines

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