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SOMLF (SECOM Co) Cyclically Adjusted Book per Share : $13.81 (As of Sep. 2024)


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What is SECOM 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.

SECOM Co's adjusted book value per share for the three months ended in Sep. 2024 was $20.808. 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 $13.81 for the trailing ten years ended in Sep. 2024.

During the past 12 months, SECOM Co's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 SECOM Co was 7.70% per year. The lowest was 5.70% per year. And the median was 6.80% per year.

As of today (2025-04-14), SECOM Co's current stock price is $33.81. SECOM Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $13.81. SECOM Co's Cyclically Adjusted PB Ratio of today is 2.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SECOM Co was 3.12. The lowest was 1.66. And the median was 2.49.


SECOM Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SECOM 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.

SECOM Co Cyclically Adjusted Book per Share Chart

SECOM 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 15.34 17.82 17.26 16.95 16.20

SECOM Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 16.37 16.20 - 13.81 -

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

For the Security & Protection Services subindustry, SECOM 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.


SECOM Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SECOM Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=20.808/108.9000*108.9000
=20.808

Current CPI (Sep. 2024) = 108.9000.

SECOM Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 14.669 97.900 16.317
201503 15.230 97.900 16.941
201506 14.988 98.400 16.587
201509 15.752 98.500 17.415
201512 15.619 98.100 17.339
201603 16.903 97.900 18.802
201606 18.001 98.100 19.983
201609 18.885 98.000 20.985
201612 16.909 98.400 18.713
201703 18.097 98.100 20.089
201706 18.485 98.500 20.437
201709 18.941 98.800 20.877
201712 18.791 99.400 20.587
201803 20.579 99.200 22.591
201806 19.906 99.200 21.852
201809 19.899 99.900 21.692
201812 19.986 99.700 21.830
201903 20.523 99.700 22.417
201906 21.089 99.800 23.012
201909 21.586 100.100 23.484
201912 21.458 100.500 23.252
202003 22.024 100.300 23.912
202006 22.079 99.900 24.068
202009 22.784 99.900 24.837
202012 23.238 99.300 25.485
202103 22.807 99.900 24.862
202106 22.517 99.500 24.644
202109 22.814 100.100 24.820
202112 22.250 100.100 24.206
202203 21.704 101.100 23.378
202206 19.260 101.800 20.603
202209 18.533 103.100 19.576
202212 19.846 104.100 20.761
202303 20.303 104.400 21.178
202306 19.358 105.200 20.039
202309 19.003 106.200 19.486
202312 19.550 106.800 19.934
202403 19.413 107.200 19.721
202406 0.000 108.200 0.000
202409 20.808 108.900 20.808

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


SECOM Co  (OTCPK:SOMLF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.81/13.81
=2.45

* 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 SECOM Co was 3.12. The lowest was 1.66. And the median was 2.49.


Be Aware

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


SECOM Co Cyclically Adjusted Book per Share Related Terms

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


SECOM Co Business Description

Industry
Traded in Other Exchanges
Address
5-1, Jingumae 1-chome, Shibuya-ku, Tokyo, JPN, 150-0001
SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments: security services, fire protection services, medical services, insurance services, geographic information services, information- and communication-related services, and real estate and other services. The largest segment by revenue, security services, offers electronic security services and systems, including online commercial and home security systems and large-scale surveillance services. Other segments offer fire protection and detection services, as well as medical dispensing services for home care and hospitals. The company generates most of its revenue in Japan.

SECOM Co Headlines

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