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TKC (TKCXF) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is TKC Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

TKC's adjusted book value per share for the three months ended in Mar. 2024 was $12.782. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TKC's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 TKC was 6.80% per year. The lowest was 4.20% per year. And the median was 5.00% per year.

As of today (2024-06-10), TKC's current stock price is $0.00. TKC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. TKC's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TKC was 3.22. The lowest was 1.60. And the median was 2.46.


TKC Cyclically Adjusted Book per Share Historical Data

The historical data trend for TKC'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.

TKC Cyclically Adjusted Book per Share Chart

TKC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
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TKC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of TKC's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, TKC'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.


TKC's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



TKC 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, TKC'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)
=12.782/107.2000*107.2000
=12.782

Current CPI (Mar. 2024) = 107.2000.

TKC Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.657 98.000 11.657
201409 10.246 98.500 11.151
201412 9.290 97.900 10.173
201503 9.563 97.900 10.471
201506 9.413 98.400 10.255
201509 9.575 98.500 10.421
201512 9.628 98.100 10.521
201603 10.440 97.900 11.432
201606 11.239 98.100 12.282
201609 11.643 98.000 12.736
201612 10.351 98.400 11.277
201703 10.978 98.100 11.996
201706 11.299 98.500 12.297
201709 11.496 98.800 12.473
201712 11.404 99.400 12.299
201803 12.336 99.200 13.331
201806 11.936 99.200 12.899
201809 11.968 99.900 12.843
201812 11.761 99.700 12.646
201903 12.119 99.700 13.031
201906 12.612 99.800 13.547
201909 12.684 100.100 13.584
201912 12.738 100.500 13.587
202003 13.277 100.300 14.190
202006 13.417 99.900 14.397
202009 13.889 99.900 14.904
202012 14.167 99.300 15.294
202103 14.250 99.900 15.291
202106 14.207 99.500 15.306
202109 14.364 100.100 15.383
202112 13.780 100.100 14.757
202203 13.889 101.100 14.727
202206 12.327 101.800 12.981
202209 11.625 103.100 12.087
202212 12.575 104.100 12.949
202303 13.117 104.400 13.469
202306 12.775 105.200 13.018
202309 12.308 106.200 12.424
202312 12.668 106.800 12.715
202403 12.782 107.200 12.782

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


TKC  (OTCPK:TKCXF) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TKC was 3.22. The lowest was 1.60. And the median was 2.46.


Be Aware

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


TKC Cyclically Adjusted Book per Share Related Terms

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


TKC (TKCXF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TKC Corp (OTCPK:TKCXF) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
1758 Tsurutamachi, Utsunomiya-shi, Tochigi, JPN, 320-0851
TKC Corp provides a variety of information technology, or IT, services. The firm's computer services include batch processing and printing, data storage, and download management. TKC's Internet services include Internet management, cloud computing, database management, data storage, data backup, and data security. The company's other services include software development, system device sales, systems consulting services, and general education and training services. TKC generates the majority of its sales revenue from accounting firms and local governments.

TKC (TKCXF) Headlines

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