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Yamaguchi Financial Group (STU:5FW) Cyclically Adjusted Book per Share : €17.61 (As of Sep. 2024)


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What is Yamaguchi Financial Group 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.

Yamaguchi Financial Group's adjusted book value per share for the three months ended in Sep. 2024 was €18.853. 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 €17.61 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Yamaguchi Financial Group's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Yamaguchi Financial Group was 5.40% per year. The lowest was 3.90% per year. And the median was 4.25% per year.

As of today (2024-12-12), Yamaguchi Financial Group's current stock price is €10.10. Yamaguchi Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €17.61. Yamaguchi Financial Group's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yamaguchi Financial Group was 0.70. The lowest was 0.20. And the median was 0.33.


Yamaguchi Financial Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yamaguchi Financial Group'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.

Yamaguchi Financial Group Cyclically Adjusted Book per Share Chart

Yamaguchi Financial Group 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 - - - - 16.29

Yamaguchi Financial Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 16.29 - 17.61

Competitive Comparison of Yamaguchi Financial Group's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Yamaguchi Financial Group'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.


Yamaguchi Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Yamaguchi Financial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yamaguchi Financial Group 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, Yamaguchi Financial Group'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)
=18.853/108.9000*108.9000
=18.853

Current CPI (Sep. 2024) = 108.9000.

Yamaguchi Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201412 15.193 97.900 16.900
201503 18.025 97.900 20.050
201506 17.260 98.400 19.102
201509 17.314 98.500 19.142
201512 18.139 98.100 20.136
201603 18.769 97.900 20.878
201606 20.067 98.100 22.276
201609 20.894 98.000 23.218
201612 20.109 98.400 22.255
201703 20.605 98.100 22.873
201706 20.333 98.500 22.480
201709 19.619 98.800 21.625
201712 19.860 99.400 21.758
201803 20.305 99.200 22.290
201806 21.451 99.200 23.549
201809 20.262 99.900 22.087
201812 20.412 99.700 22.296
201903 20.556 99.700 22.453
201906 21.135 99.800 23.062
201909 21.899 100.100 23.824
201912 21.630 100.500 23.438
202003 20.671 100.300 22.443
202006 20.705 99.900 22.570
202009 20.567 99.900 22.420
202012 20.702 99.300 22.703
202103 21.100 99.900 23.001
202106 20.573 99.500 22.517
202109 21.077 100.100 22.930
202112 21.725 100.100 23.635
202203 20.312 101.100 21.879
202206 18.477 101.800 19.766
202209 18.462 103.100 19.501
202212 18.321 104.100 19.166
202303 18.994 104.400 19.813
202306 18.363 105.200 19.009
202309 17.692 106.200 18.142
202312 18.203 106.800 18.561
202403 18.480 107.200 18.773
202406 0.000 108.200 0.000
202409 18.853 108.900 18.853

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


Yamaguchi Financial Group  (STU:5FW) 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.

Yamaguchi Financial Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.10/17.61
=0.57

* 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 Yamaguchi Financial Group was 0.70. The lowest was 0.20. And the median was 0.33.


Be Aware

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


Yamaguchi Financial Group Cyclically Adjusted Book per Share Related Terms

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


Yamaguchi Financial Group Business Description

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Traded in Other Exchanges
Address
4-2-36 Takezakicho, Yamaguchi Prefecture, Shimonoseki, JPN, 750-8603
Yamaguchi Financial Group Inc is a Japan-based holding company that is principally engaged in providing financial products and services, such as deposits, loans, leasing, foreign exchange transactions, securities business, credit card business, and others. The company operates through a number of subsidiaries, such as Yamaguchi Bank, Momiji Bank, Kitakyushu Bank, and YM Securities. The company's business operations are concentrated within a branch network in Japan, and the firm generates the majority of its income from the domestic market. The company also has a business presence in overseas markets, such as mainland China and Hong Kong.

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