GURUFOCUS.COM » STOCK LIST » Industrials » Construction » KITA KOUDENSHA Corp (SSE:1734) » Definitions » Cyclically Adjusted Book per Share

KITA KOUDENSHA (SSE:1734) Cyclically Adjusted Book per Share : 円6,594.20 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is KITA KOUDENSHA 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.

KITA KOUDENSHA's adjusted book value per share for the three months ended in Dec. 2023 was 円-2,925.101. 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 円6,594.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KITA KOUDENSHA's average Cyclically Adjusted Book Growth Rate was -13.00% 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.

As of today (2024-06-24), KITA KOUDENSHA's current stock price is 円657.00. KITA KOUDENSHA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円6,594.20. KITA KOUDENSHA's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of KITA KOUDENSHA was 0.22. The lowest was 0.08. And the median was 0.18.


KITA KOUDENSHA Cyclically Adjusted Book per Share Historical Data

The historical data trend for KITA KOUDENSHA'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.

KITA KOUDENSHA Cyclically Adjusted Book per Share Chart

KITA KOUDENSHA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7,295.55

KITA KOUDENSHA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7,582.46 7,295.55 7,062.33 6,838.38 6,594.20

Competitive Comparison of KITA KOUDENSHA's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, KITA KOUDENSHA'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.


KITA KOUDENSHA's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



KITA KOUDENSHA 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, KITA KOUDENSHA'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)
=-2925.101/106.8000*106.8000
=-2,925.101

Current CPI (Dec. 2023) = 106.8000.

KITA KOUDENSHA Quarterly Data

Book Value per Share CPI Adj_Book
201403 7,930.475 95.700 8,850.311
201406 7,736.530 98.000 8,431.239
201409 7,780.893 98.500 8,436.542
201412 8,087.997 97.900 8,823.269
201503 8,698.290 97.900 9,489.044
201506 8,625.017 98.400 9,361.299
201509 8,721.249 98.500 9,456.136
201512 8,935.100 98.100 9,727.509
201603 9,117.726 97.900 9,946.610
201606 8,771.623 98.100 9,549.535
201609 8,681.868 98.000 9,461.464
201612 8,461.282 98.400 9,183.587
201703 9,206.606 98.100 10,023.094
201706 8,965.345 98.500 9,720.800
201709 8,969.869 98.800 9,696.174
201712 9,163.959 99.400 9,846.185
201803 9,739.944 99.200 10,486.149
201806 9,415.689 99.200 10,137.052
201809 9,467.800 99.900 10,121.732
201812 9,532.662 99.700 10,211.518
201903 9,835.662 99.700 10,536.095
201906 9,542.829 99.800 10,212.166
201909 9,668.399 100.100 10,315.535
201912 9,904.866 100.500 10,525.768
202003 10,168.408 100.300 10,827.378
202006 9,951.911 99.900 10,639.280
202009 9,986.721 99.900 10,676.495
202012 10,178.558 99.300 10,947.331
202103 4,931.188 99.900 5,271.781
202106 2,154.332 99.500 2,312.389
202109 1,077.814 100.100 1,149.955
202112 74.568 100.100 79.559
202203 330.027 101.100 348.634
202206 -1,536.241 101.800 -1,611.695
202209 -1,697.921 103.100 -1,758.855
202212 -2,286.614 104.100 -2,345.921
202303 -4,184.212 104.400 -4,280.401
202306 -4,213.537 105.200 -4,277.621
202309 -3,812.588 106.200 -3,834.128
202312 -2,925.101 106.800 -2,925.101

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


KITA KOUDENSHA  (SSE:1734) 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.

KITA KOUDENSHA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=657.00/6594.2
=0.10

* 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 11 years, the highest Cyclically Adjusted PB Ratio of KITA KOUDENSHA was 0.22. The lowest was 0.08. And the median was 0.18.


Be Aware

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


KITA KOUDENSHA Cyclically Adjusted Book per Share Related Terms

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


KITA KOUDENSHA (SSE:1734) Business Description

Industry
Traded in Other Exchanges
N/A
Address
23-2-10 Nishi Kita-Juichijo, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011
KITA KOUDENSHA Corp is engaged in the indoor wiring and power-related construction operations. The company undertakes projects for the construction of transmission lines, underground transmission lines, communication lines. It has an indoor wiring construction project, power related construction project and industrial equipment business which include sales of power facility equipment, low voltage generator cars, electric wires, and piping materials, information communication systems.

KITA KOUDENSHA (SSE:1734) Headlines

No Headlines