/term/cyclically-adjusted-book/STU:06R Roland DG (STU:06R) Cyclically Adjusted Book per Share
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Roland DG (STU:06R) Cyclically Adjusted Book per Share : €12.69 (As of Mar. 2024)


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What is Roland DG 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.

Roland DG's adjusted book value per share for the three months ended in Mar. 2024 was €18.766. 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 €12.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Roland DG's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Roland DG was 8.00% per year. The lowest was 2.50% per year. And the median was 4.50% per year.

As of today (2024-06-20), Roland DG's current stock price is €31.00. Roland DG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.69. Roland DG's Cyclically Adjusted PB Ratio of today is 2.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Roland DG was 2.64. The lowest was 0.64. And the median was 1.61.

Roland DG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Roland DG'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.

Roland DG Cyclically Adjusted Book per Share Chart

Roland DG Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.79 13.05 13.36 13.05

Roland DG 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 13.22 12.46 12.76 13.05 12.69

Competitive Comparison of Roland DG's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Roland DG'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.

Roland DG's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


Roland DG 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, Roland DG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.766/107.2000*107.2000
=18.766

Current CPI (Mar. 2024) = 107.2000.

Roland DG Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.668 98.000 13.857
201409 10.369 98.500 11.285
201412 9.852 97.900 10.788
201503 11.897 97.900 13.027
201506 10.917 98.400 11.893
201509 11.511 98.500 12.528
201512 12.143 98.100 13.269
201603 12.747 97.900 13.958
201606 13.076 98.100 14.289
201609 13.676 98.000 14.960
201612 13.465 98.400 14.669
201703 12.770 98.100 13.955
201706 13.001 98.500 14.149
201709 12.755 98.800 13.839
201712 13.455 99.400 14.511
201803 13.505 99.200 14.594
201806 14.183 99.200 15.327
201809 14.391 99.900 15.443
201812 15.089 99.700 16.224
201903 15.332 99.700 16.485
201906 15.863 99.800 17.039
201909 16.435 100.100 17.601
201912 16.545 100.500 17.648
202003 16.444 100.300 17.575
202006 15.241 99.900 16.355
202009 15.209 99.900 16.320
202012 15.767 99.300 17.021
202103 15.430 99.900 16.558
202106 16.242 99.500 17.499
202109 17.004 100.100 18.210
202112 17.971 100.100 19.246
202203 18.240 101.100 19.341
202206 17.849 101.800 18.796
202209 18.194 103.100 18.918
202212 18.348 104.100 18.894
202303 18.268 104.400 18.758
202306 18.194 105.200 18.540
202309 17.925 106.200 18.094
202312 18.813 106.800 18.883
202403 18.766 107.200 18.766

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

Roland DG  (STU:06R) 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.

Roland DG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.00/12.69
=2.44

* 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 Roland DG was 2.64. The lowest was 0.64. And the median was 1.61.

Be Aware

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

Roland DG Cyclically Adjusted Book per Share Related Terms

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

Roland DG (STU:06R) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Roland DG Corp (STU:06R) » Definitions » Cyclically Adjusted Book per Share
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TSE:6918 TSE:6676 TSE:6430 TSE:6232 TSE:5885 TSE:9348 TSE:6597 TSE:3021 TSE:6862 TSE:6840 ANET DELL SZSE:002415 HPQ TPE:2382 TSE:7751 SHSE:688041 HKSE:00992 NTAP STX
Traded in Other Exchanges
6789:Japan
Address
1-6-4 Shinmiyakoda, Kita-ku, Hamamatsu-shi, Shizuoka-ken, JPN, 421-2103
Website
http://www.rolanddg.co.jp
Roland DG Corp is a Japanese based manufacturer of computer peripherals. The company offers products and solutions for digital printing, dental, medical, and 3D digital fabrication. It offers various products including wide-format color inkjet printers, inkjet printer, cutters, vinyl cutting machines, 3D milling machines, 3D printers, engraving machines, dental milling machines, dental 3D printers, and photo impact printers.

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