GURUFOCUS.COM » STOCK LIST » Technology » Software » CDS Co Ltd (NGO:2169) » Definitions » Cyclically Adjusted Book per Share

CDS Co (NGO:2169) Cyclically Adjusted Book per Share : 円718.49 (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is CDS 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.

CDS Co's adjusted book value per share for the three months ended in Jun. 2024 was 円1,252.824. 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718.49 for the trailing ten years ended in Jun. 2024.

During the past 12 months, CDS Co's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 CDS Co was 10.60% per year. The lowest was 8.80% per year. And the median was 10.10% per year.

As of today (2024-09-22), CDS Co's current stock price is 円1370.00. CDS Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円718.49. CDS Co's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CDS Co was 2.73. The lowest was 1.61. And the median was 2.17.


CDS Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CDS 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.

CDS Co Cyclically Adjusted Book per Share Chart

CDS Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 530.54 694.00 617.54 617.62 727.70

CDS 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 655.14 687.77 727.70 726.16 718.49

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

For the Software - Application subindustry, CDS 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.


CDS Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



CDS 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, CDS 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)
=1252.824/108.2000*108.2000
=1,252.824

Current CPI (Jun. 2024) = 108.2000.

CDS Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 565.517 98.500 621.208
201412 597.436 97.900 660.292
201503 588.249 97.900 650.138
201506 601.147 98.400 661.017
201509 598.040 98.500 656.933
201512 636.433 98.100 701.958
201603 646.587 97.900 714.614
201606 665.107 98.100 733.584
201609 672.689 98.000 742.704
201612 682.337 98.400 750.293
201703 700.166 98.100 772.252
201706 719.389 98.500 790.232
201709 718.416 98.800 786.767
201712 740.404 99.400 805.953
201803 750.962 99.200 819.094
201806 774.803 99.200 845.098
201809 781.518 99.900 846.449
201812 821.628 99.700 891.677
201903 839.399 99.700 910.963
201906 868.398 99.800 941.490
201909 882.013 100.100 953.385
201912 921.503 100.500 992.106
202003 921.206 100.300 993.764
202006 935.966 99.900 1,013.729
202009 930.081 99.900 1,007.355
202012 965.515 99.300 1,052.052
202103 974.442 99.900 1,055.402
202106 991.243 99.500 1,077.914
202109 993.883 100.100 1,074.307
202112 1,038.224 100.100 1,122.236
202203 1,065.081 101.100 1,139.879
202206 1,099.523 101.800 1,168.648
202209 1,102.446 103.100 1,156.980
202212 1,127.685 104.100 1,172.099
202303 1,145.778 104.400 1,187.483
202306 1,176.036 105.200 1,209.573
202309 1,184.615 106.200 1,206.924
202312 1,215.831 106.800 1,231.769
202403 1,230.467 107.200 1,241.945
202406 1,252.824 108.200 1,252.824

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


CDS Co  (NGO:2169) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1370.00/718.49
=1.91

* 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 CDS Co was 2.73. The lowest was 1.61. And the median was 2.17.


Be Aware

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


CDS Co Cyclically Adjusted Book per Share Related Terms

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


CDS Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CDS Co Ltd (NGO:2169) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
46 Aza Ichiba Maiki-Cho, Okazaki-shi, JPN, 444-3511
CDS Co Ltd is engaged in the planning, editing, translation, and publishing of technical publications, building document systems, information processing work including building databases and creating e-learning content, creating tools including 3D-CG animation and electronic catalogs, 3D CAD design, modelling services, and computer software development.

CDS Co Headlines

No Headlines