GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seiko Epson Corp (OTCPK:SEKEF) » Definitions » Cyclically Adjusted Book per Share

SEKEF (Seiko Epson) Cyclically Adjusted Book per Share : $13.66 (As of Mar. 2025)


View and export this data going back to 2013. Start your Free Trial

What is Seiko Epson 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.

Seiko Epson's adjusted book value per share for the three months ended in Mar. 2025 was $16.854. 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 $13.66 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Seiko Epson's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 Seiko Epson was 12.10% per year. The lowest was 6.20% per year. And the median was 10.20% per year.

As of today (2025-05-19), Seiko Epson's current stock price is $12.95. Seiko Epson's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $13.66. Seiko Epson's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seiko Epson was 2.83. The lowest was 0.86. And the median was 1.49.


Seiko Epson Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson Cyclically Adjusted Book per Share Chart

Seiko Epson Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.04 11.33 11.07 9.19 13.66

Seiko Epson Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.19 11.16 12.61 11.35 13.66

Competitive Comparison of Seiko Epson's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


;
;

Seiko Epson 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, Seiko Epson's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=16.854/111.1000*111.1000
=16.854

Current CPI (Mar. 2025) = 111.1000.

Seiko Epson Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.292 98.400 12.749
201509 11.544 98.500 13.021
201512 11.917 98.100 13.496
201603 11.578 97.900 13.139
201606 11.249 98.100 12.740
201609 11.834 98.000 13.416
201612 11.769 98.400 13.288
201703 12.376 98.100 14.016
201706 12.696 98.500 14.320
201709 12.615 98.800 14.185
201712 13.205 99.400 14.759
201803 13.727 99.200 15.374
201806 13.406 99.200 15.014
201809 13.567 99.900 15.088
201812 13.485 99.700 15.027
201903 13.798 99.700 15.376
201906 13.681 99.800 15.230
201909 14.054 100.100 15.598
201912 14.080 100.500 15.565
202003 13.525 100.300 14.981
202006 13.360 99.900 14.858
202009 13.753 99.900 15.295
202012 14.209 99.300 15.897
202103 14.649 99.900 16.291
202106 14.737 99.500 16.455
202109 15.279 100.100 16.958
202112 15.452 100.100 17.150
202203 16.223 101.100 17.828
202206 15.432 101.800 16.842
202209 15.196 103.100 16.375
202212 15.519 104.100 16.563
202303 16.414 104.400 17.467
202306 16.406 105.200 17.326
202309 16.046 106.200 16.786
202312 16.219 106.800 16.872
202403 16.323 107.200 16.917
202406 16.197 108.200 16.631
202409 17.003 108.900 17.346
202412 16.766 110.700 16.827
202503 16.854 111.100 16.854

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


Seiko Epson  (OTCPK:SEKEF) 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.

Seiko Epson's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.95/13.66
=0.95

* 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 Seiko Epson was 2.83. The lowest was 0.86. And the median was 1.49.


Be Aware

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


Seiko Epson Cyclically Adjusted Book per Share Related Terms

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


Seiko Epson Business Description

Industry
Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.