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OMRON (STU:OMR1) Cyclically Adjusted Book per Share : €17.69 (As of Mar. 2024)


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What is OMRON 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.

OMRON's adjusted book value per share for the three months ended in Mar. 2024 was €24.533. 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 €17.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OMRON's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 OMRON was 10.10% per year. The lowest was 5.60% per year. And the median was 7.75% per year.

As of today (2024-05-27), OMRON's current stock price is €31.20. OMRON's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.69. OMRON's Cyclically Adjusted PB Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OMRON was 5.28. The lowest was 1.72. And the median was 2.99.


OMRON Cyclically Adjusted Book per Share Historical Data

The historical data trend for OMRON'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.

OMRON Cyclically Adjusted Book per Share Chart

OMRON 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 16.89 16.54 17.55 18.81 17.69

OMRON 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 18.81 16.96 17.64 18.14 17.69

Competitive Comparison of OMRON's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, OMRON'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.


OMRON's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



OMRON 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, OMRON'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)
=24.533/107.2000*107.2000
=24.533

Current CPI (Mar. 2024) = 107.2000.

OMRON Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.340 98.000 15.686
201409 14.130 98.500 15.378
201412 15.304 97.900 16.758
201503 17.302 97.900 18.946
201506 16.956 98.400 18.472
201509 16.938 98.500 18.434
201512 17.352 98.100 18.962
201603 16.539 97.900 18.110
201606 16.783 98.100 18.340
201609 17.164 98.000 18.775
201612 17.808 98.400 19.401
201703 18.165 98.100 19.850
201706 18.408 98.500 20.034
201709 17.741 98.800 19.249
201712 18.289 99.400 19.724
201803 18.357 99.200 19.837
201806 18.989 99.200 20.520
201809 18.936 99.900 20.320
201812 19.457 99.700 20.921
201903 19.550 99.700 21.021
201906 20.706 99.800 22.241
201909 21.160 100.100 22.661
201912 22.930 100.500 24.459
202003 22.078 100.300 23.597
202006 22.044 99.900 23.655
202009 21.635 99.900 23.216
202012 22.056 99.300 23.811
202103 23.254 99.900 24.953
202106 23.652 99.500 25.482
202109 24.381 100.100 26.110
202112 24.648 100.100 26.396
202203 25.573 101.100 27.116
202206 24.880 101.800 26.200
202209 25.385 103.100 26.394
202212 25.083 104.100 25.830
202303 25.783 104.400 26.474
202306 25.382 105.200 25.865
202309 24.435 106.200 24.665
202312 24.358 106.800 24.449
202403 24.533 107.200 24.533

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


OMRON  (STU:OMR1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.20/17.69
=1.76

* 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 OMRON was 5.28. The lowest was 1.72. And the median was 2.99.


Be Aware

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


OMRON Cyclically Adjusted Book per Share Related Terms

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


OMRON (STU:OMR1) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OMRON Corp (STU:OMR1) » Definitions » Cyclically Adjusted Book per Share
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Address
Shiokoji Horikawa, Shimogyo-ku, Kyoto, JPN, 600-8530
Omron Corporation is an diversified industrials company that engages mainly in industrial automation, healthcare, and social systems, electronic/mechanical components businesses. The industrial automation business offers automation control systems, motion/drives, sensors, and robotics. The social systems business provides automated ticket gates in train stations, ticket vending machines, as well as onboard driver monitoring service in mainly Japan. The company's healthcare business offers BPMs, nebulizers, electrotherapy devices, thermometers, and others. The electronic/mechanical components business offers mainly switches, safety and control components, and relays. Omron was founded in 1933 and is headquartered in Kyoto, Japan.

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