SPAEF (Space Co) Cyclically Adjusted Book per Share: $0.00 (As of Dec. 2025)


SPAEF Space Co Ltd SPAEF
64 GF Score
Price $9.28
GF Value $9.54
Valuation Fairly Valued
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What is Space Co Cyclically Adjusted Book per Share?

Space Co SPAEF -0.22% 64 Cyclically Adjusted Book per Share is $0.00 as of Dec. 2025. GuruFocus rates SPAEF with a GF Score™ of 64/100 and a GF Value™ of $9.54 (Fairly Valued).

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Space Co's adjusted book value per share for the three months ended in Dec. 2025 was $9.109. 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 $0.00 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Space Co's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Space Co was 5.80% per year. The lowest was 3.30% per year. And the median was 5.00% per year.

As of today (2026-06-25), Space Co's current stock price is $9.28. Space Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $0.00. Space Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Space Co was 1.48. The lowest was 0.75. And the median was 0.91.


Space Co  (OTCPK:SPAEF) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Space Co was 1.48. The lowest was 0.75. And the median was 0.91.


Be Aware

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


Space Co Cyclically Adjusted Book per Share Related Terms


Space Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Space 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.

Space Co Cyclically Adjusted Book per Share Chart

Space Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Space Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

SPAEF vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Space 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.


Space Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


SPAEF
64GF Score
Space Co Ltd SPAEF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Space 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, Space Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=9.109/113.0000*113.0000
=9.109

Current CPI (Dec. 2025) = 113.0000.

Space Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 8.718 97.900 10.063
201606 9.546 98.100 10.996
201609 9.915 98.000 11.433
201612 8.967 98.400 10.297
201703 9.215 98.100 10.615
201706 9.671 98.500 11.095
201709 9.682 98.800 11.074
201712 10.709 99.400 12.174
201803 10.239 99.200 11.663
201806 10.123 99.200 11.531
201809 9.883 99.900 11.179
201812 10.160 99.700 11.515
201903 10.153 99.700 11.507
201906 10.756 99.800 12.179
201909 10.753 100.100 12.139
201912 10.710 100.500 12.042
202003 10.610 100.300 11.953
202006 10.828 99.900 12.248
202009 10.906 99.900 12.336
202012 11.082 99.300 12.611
202103 10.494 99.900 11.870
202106 10.564 99.500 11.997
202109 10.424 100.100 11.767
202112 10.419 100.100 11.762
202203 9.953 101.100 11.125
202206 8.950 101.800 9.935
202209 8.336 103.100 9.136
202212 8.935 104.100 9.699
202303 9.077 104.400 9.825
202306 8.603 105.200 9.241
202309 8.231 106.200 8.758
202312 8.704 106.800 9.209
202403 8.506 107.200 8.966
202406 8.211 108.200 8.575
202409 8.988 108.900 9.326
202412 8.662 110.700 8.842
202503 8.997 111.100 9.151
202506 9.441 111.700 9.551
202509 9.214 112.000 9.296
202512 9.109 113.000 9.109

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

What does a Cyclically Adjusted Book per Share of $0.00 mean?
Space Co (SPAEF) has a Cyclically Adjusted Book per Share of $0.00 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Space Co and its competitors.
Is Space Co's Cyclically Adjusted Book per Share too high?
Space Co's current Cyclically Adjusted Book per Share is $0.00. Overall, Space Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Space Co's Cyclically Adjusted Book per Share compare to PWR and FIX?
Space Co's Cyclically Adjusted Book per Share of $0.00 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Space Co and its competitors. Space Co's current Cyclically Adjusted Book per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (SPAEF) is currently considered Fairly Valued. The stock's GF Value™ is $9.54, compared to a current price of $9.28 — trading 2.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.00. Space Co's overall GF Score™ is 64/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Space Co (SPAEF), the current Cyclically Adjusted Book per Share is $0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Space Co (SPAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be undervalued. The current stock price of $9.28 is trading 2.7% below its estimated GF Value™ of $9.54. GuruFocus considers Space Co to be Fairly Valued.

Key valuation signals for SPAEF:

  • Cyclically Adjusted Book per Share: $0.00
  • GF Value™: $9.54 vs. price of $9.28 (2.7% below fair value)
  • GF Score™: 64/100

No single metric tells the full story. See the SPAEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Co Business Description

Other Exchanges 9622:Japan
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
64GF Score

Get the complete analysis for SPAEF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.28
Price
$9.54
GF Value