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Iida Group Holdings Co (STU:IIO) Cyclically Adjusted Book per Share : €16.65 (As of Mar. 2024)


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What is Iida Group Holdings Co 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.

Iida Group Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was €21.284. 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 €16.65 for the trailing ten years ended in Mar. 2024.

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 (2024-05-27), Iida Group Holdings Co's current stock price is €12.10. Iida Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.65. Iida Group Holdings Co's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Iida Group Holdings Co was 0.85. The lowest was 0.69. And the median was 0.72.


Iida Group Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Iida Group Holdings 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.

* Premium members only.

Iida Group Holdings Co Cyclically Adjusted Book per Share Chart

Iida Group Holdings Co 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 - - - - 16.65

Iida Group Holdings Co 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 - - - 17.37 16.65

Competitive Comparison of Iida Group Holdings Co's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Iida Group Holdings 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.


Iida Group Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Iida Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Iida Group Holdings 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, Iida Group Holdings Co'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)
=21.284/107.2000*107.2000
=21.284

Current CPI (Mar. 2024) = 107.2000.

Iida Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.767 98.000 13.966
201409 12.960 98.500 14.105
201412 12.239 97.900 13.402
201503 14.242 97.900 15.595
201506 13.312 98.400 14.503
201509 14.016 98.500 15.254
201512 14.430 98.100 15.769
201603 16.278 97.900 17.824
201606 17.635 98.100 19.271
201609 18.909 98.000 20.684
201612 17.971 98.400 19.578
201703 18.793 98.100 20.536
201706 18.428 98.500 20.056
201709 17.884 98.800 19.405
201712 16.981 99.400 18.314
201803 18.813 99.200 20.330
201806 19.357 99.200 20.918
201809 19.474 99.900 20.897
201812 20.148 99.700 21.664
201903 20.935 99.700 22.510
201906 21.601 99.800 23.203
201909 22.792 100.100 24.409
201912 22.366 100.500 23.857
202003 23.116 100.300 24.706
202006 22.753 99.900 24.416
202009 22.827 99.900 24.495
202012 22.859 99.300 24.678
202103 22.990 99.900 24.670
202106 22.812 99.500 24.577
202109 24.167 100.100 25.881
202112 24.634 100.100 26.381
202203 24.762 101.100 26.256
202206 23.038 101.800 24.260
202209 23.996 103.100 24.950
202212 23.958 104.100 24.671
202303 23.952 104.400 24.594
202306 22.401 105.200 22.827
202309 22.014 106.200 22.221
202312 21.972 106.800 22.054
202403 21.284 107.200 21.284

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


Iida Group Holdings Co  (STU:IIO) 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.

Iida Group Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.10/16.65
=0.73

* 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 Iida Group Holdings Co was 0.85. The lowest was 0.69. And the median was 0.72.


Be Aware

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


Iida Group Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Iida Group Holdings Co (STU:IIO) Business Description

Traded in Other Exchanges
Address
1-4-1, Nishihara-cho Nishitokyo, Tokyo, JPN
Iida Group Holdings Co Ltd is engaged in the operation of real estate business. It is involved in the development of real estate properties and the sale of various real estate properties. The company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others.

Iida Group Holdings Co (STU:IIO) Headlines

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