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Akikawa Foods & Farms Co (TSE:1380) Cyclically Adjusted Book per Share : 円446.41 (As of Sep. 2024)


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What is Akikawa Foods & Farms 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.

Akikawa Foods & Farms Co's adjusted book value per share for the three months ended in Sep. 2024 was 円506.418. 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 円446.41 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Akikawa Foods & Farms Co's average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Akikawa Foods & Farms Co was 6.60% per year. The lowest was 2.90% per year. And the median was 4.55% per year.

As of today (2025-01-18), Akikawa Foods & Farms Co's current stock price is 円1024.00. Akikawa Foods & Farms Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円446.41. Akikawa Foods & Farms Co's Cyclically Adjusted PB Ratio of today is 2.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Akikawa Foods & Farms Co was 4.77. The lowest was 1.96. And the median was 2.52.


Akikawa Foods & Farms Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Akikawa Foods & Farms 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.

Akikawa Foods & Farms Co Cyclically Adjusted Book per Share Chart

Akikawa Foods & Farms 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 348.61 359.86 379.45 406.88 435.44

Akikawa Foods & Farms Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 414.32 422.85 429.63 435.44 446.41

Competitive Comparison of Akikawa Foods & Farms Co's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Akikawa Foods & Farms 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.


Akikawa Foods & Farms Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Akikawa Foods & Farms Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Akikawa Foods & Farms Co's Cyclically Adjusted PB Ratio falls into.



Akikawa Foods & Farms 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, Akikawa Foods & Farms Co'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)
=506.418/108.9000*108.9000
=506.418

Current CPI (Sep. 2024) = 108.9000.

Akikawa Foods & Farms Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 304.649 98.500 336.815
201412 324.154 97.900 360.576
201503 328.150 97.900 365.021
201506 321.930 98.400 356.282
201509 318.000 98.500 351.576
201512 336.423 98.100 373.460
201603 336.130 97.900 373.897
201606 340.546 98.100 378.037
201609 344.201 98.000 382.485
201612 355.269 98.400 393.179
201703 359.550 98.100 399.133
201706 356.829 98.500 394.504
201709 359.745 98.800 396.521
201712 370.115 99.400 405.488
201803 377.502 99.200 414.415
201806 372.962 99.200 409.431
201809 372.719 99.900 406.297
201812 382.692 99.700 418.006
201903 406.846 99.700 444.388
201906 400.363 99.800 436.869
201909 396.561 100.100 431.424
201912 407.959 100.500 442.057
202003 415.563 100.300 451.195
202006 428.228 99.900 466.807
202009 442.745 99.900 482.632
202012 457.914 99.300 502.184
202103 460.170 99.900 501.627
202106 461.229 99.500 504.802
202109 474.976 100.100 516.732
202112 486.073 100.100 528.805
202203 487.682 101.100 525.307
202206 470.921 101.800 503.765
202209 474.995 103.100 501.716
202212 494.111 104.100 516.894
202303 512.112 104.400 534.186
202306 516.226 105.200 534.382
202309 522.326 106.200 535.605
202312 531.236 106.800 541.682
202403 523.572 107.200 531.875
202409 506.418 108.900 506.418

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


Akikawa Foods & Farms Co  (TSE:1380) 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.

Akikawa Foods & Farms Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1024.00/446.41
=2.29

* 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 Akikawa Foods & Farms Co was 4.77. The lowest was 1.96. And the median was 2.52.


Be Aware

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


Akikawa Foods & Farms Co Cyclically Adjusted Book per Share Related Terms

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


Akikawa Foods & Farms Co Business Description

Traded in Other Exchanges
N/A
Address
317 Nihoshimogo, Yamaguchi, JPN, 753 0303
Akikawa Foods & Farms Co Ltd is an Agricultural and food company. It is engaged in the business of production and selling farm products and processed foods. The company offered products include chicken, pork, beef, milk, eggs, vegetables and rice, frozen foods and other processed products.

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