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Zozo (SRTTY) Cyclically Adjusted Book per Share : $0.19 (As of Dec. 2023)


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What is Zozo 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.

Zozo's adjusted book value per share for the three months ended in Dec. 2023 was $0.360. 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 $0.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Zozo's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Zozo was 19.20% per year. The lowest was 12.40% per year. And the median was 15.10% per year.

As of today (2024-05-16), Zozo's current stock price is $4.47. Zozo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.19. Zozo's Cyclically Adjusted PB Ratio of today is 23.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zozo was 85.69. The lowest was 20.20. And the median was 35.57.


Zozo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zozo'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.

Zozo Cyclically Adjusted Book per Share Chart

Zozo 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 0.11 0.14 0.14 0.16 -

Zozo 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 0.16 0.16 0.16 0.19 -

Competitive Comparison of Zozo's Cyclically Adjusted Book per Share

For the Internet Retail subindustry, Zozo'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.


Zozo's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zozo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zozo 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, Zozo's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.36/106.8000*106.8000
=0.360

Current CPI (Dec. 2023) = 106.8000.

Zozo Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.114 95.700 0.127
201406 0.116 98.000 0.126
201409 0.122 98.500 0.132
201412 0.123 97.900 0.134
201503 0.133 97.900 0.145
201506 0.146 98.400 0.158
201509 0.162 98.500 0.176
201512 0.070 98.100 0.076
201603 0.099 97.900 0.108
201606 0.110 98.100 0.120
201609 0.142 98.000 0.155
201612 0.147 98.400 0.160
201703 0.167 98.100 0.182
201706 0.174 98.500 0.189
201709 0.198 98.800 0.214
201712 0.211 99.400 0.227
201803 0.247 99.200 0.266
201806 0.089 99.200 0.096
201809 0.101 99.900 0.108
201812 0.118 99.700 0.126
201903 0.134 99.700 0.144
201906 0.151 99.800 0.162
201909 0.167 100.100 0.178
201912 0.168 100.500 0.179
202003 0.210 100.300 0.224
202006 0.222 99.900 0.237
202009 0.268 99.900 0.287
202012 0.305 99.300 0.328
202103 0.334 99.900 0.357
202106 0.149 99.500 0.160
202109 0.265 100.100 0.283
202112 0.279 100.100 0.298
202203 0.309 101.100 0.326
202206 0.270 101.800 0.283
202209 0.296 103.100 0.307
202212 0.338 104.100 0.347
202303 0.382 104.400 0.391
202306 0.357 105.200 0.362
202309 0.384 106.200 0.386
202312 0.360 106.800 0.360

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


Zozo  (OTCPK:SRTTY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.47/0.19
=23.53

* 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 Zozo was 85.69. The lowest was 20.20. And the median was 35.57.


Be Aware

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


Zozo Cyclically Adjusted Book per Share Related Terms

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


Zozo (SRTTY) Business Description

Industry
Traded in Other Exchanges
Address
WBG Maribu West 15th-16th Floor, Nakase 2-6-1, Mihama-ku, Chiba-shi, Chiba, JPN, 261-7116
Zozo was established in 1998 by Yusaku Maezawa (founder and former CEO), and its main business is Zozotown, the largest fashion e-commerce platform in Japan. Zozotown's business consists mainly of consignment sales, where each brand's products are stocked in Zozotown's logistics bases, and brands open their shops on Zozotown as tenants. As of 2022, Zozotown sold clothing from over 8,500 brands and boasted about 9.3 million annual active users. In 2019, Zozo was acquired by Z Holdings. Since then, Zozo also sells through the Yahoo-owned general e-commerce site PayPay Mall.

Zozo (SRTTY) Headlines

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