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OYO (OYOCF) Cyclically Adjusted Book per Share : $16.07 (As of Mar. 2024)


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What is OYO 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.

OYO's adjusted book value per share for the three months ended in Mar. 2024 was $21.452. 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 $16.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OYO's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 OYO was 5.40% per year. The lowest was 2.70% per year. And the median was 3.75% per year.

As of today (2024-05-17), OYO's current stock price is $12.55. OYO's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.07. OYO's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OYO was 1.01. The lowest was 0.45. And the median was 0.65.


OYO Cyclically Adjusted Book per Share Historical Data

The historical data trend for OYO'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.

OYO Cyclically Adjusted Book per Share Chart

OYO 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 21.40 24.21 14.51 14.63 17.07

OYO 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 15.14 17.01 13.89 17.07 16.07

Competitive Comparison of OYO's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, OYO'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.


OYO's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



OYO 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, OYO'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)
=21.452/107.2000*107.2000
=21.452

Current CPI (Mar. 2024) = 107.2000.

OYO Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.876 98.000 25.024
201409 21.610 98.500 23.519
201412 20.204 97.900 22.123
201503 20.803 97.900 22.779
201506 20.331 98.400 22.149
201509 21.025 98.500 22.882
201512 20.793 98.100 22.722
201603 21.991 97.900 24.080
201606 22.938 98.100 25.066
201609 23.719 98.000 25.946
201612 21.817 98.400 23.768
201703 22.337 98.100 24.409
201706 22.749 98.500 24.758
201709 22.634 98.800 24.558
201712 22.415 99.400 24.174
201803 24.031 99.200 25.969
201806 23.268 99.200 25.144
201809 22.905 99.900 24.579
201812 22.486 99.700 24.178
201903 22.896 99.700 24.618
201906 23.352 99.800 25.084
201909 23.633 100.100 25.309
201912 23.786 100.500 25.372
202003 24.062 100.300 25.717
202006 24.008 99.900 25.762
202009 24.412 99.900 26.196
202012 24.914 99.300 26.896
202103 24.965 99.900 26.789
202106 24.754 99.500 26.670
202109 24.888 100.100 26.653
202112 24.216 100.100 25.934
202203 23.627 101.100 25.053
202206 21.418 101.800 22.554
202209 20.248 103.100 21.053
202212 21.486 104.100 22.126
202303 21.921 104.400 22.509
202306 21.311 105.200 21.716
202309 20.552 106.200 20.746
202312 21.557 106.800 21.638
202403 21.452 107.200 21.452

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


OYO  (OTCPK:OYOCF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.55/16.07
=0.78

* 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 OYO was 1.01. The lowest was 0.45. And the median was 0.65.


Be Aware

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


OYO Cyclically Adjusted Book per Share Related Terms

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


OYO (OYOCF) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » OYO Corp (OTCPK:OYOCF) » Definitions » Cyclically Adjusted Book per Share
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Address
2-6 Kudan-Kita 4-chome, Chiyoda, Tokyo, JPN, 102-0073
OYO Corp is a Japanese based company, engages in the geological, geophysical, and geotechnical research and consulting business. The company offers survey and analysis services primarily for ground and groundwater, and ocean water, as well as advisory and consulting services in the areas of disaster management, construction, and environmental investigation. It's products which include Remote Monitoring for underground deformation, Sensor for Deformation Measurement and Standalone with data logger for automatic monitoring of water level with multi-parameters.

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