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Br.Holdings (TSE:1726) Cyclically Adjusted Book per Share : 円188.07 (As of Mar. 2024)


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What is Br.Holdings 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.

Br.Holdings's adjusted book value per share for the three months ended in Mar. 2024 was 円323.247. 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188.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Br.Holdings's average Cyclically Adjusted Book Growth Rate was 20.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 23.80% 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 Br.Holdings was 25.20% per year. The lowest was 21.90% per year. And the median was 24.10% per year.

As of today (2024-09-22), Br.Holdings's current stock price is 円360.00. Br.Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円188.07. Br.Holdings's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Br.Holdings was 9.64. The lowest was 1.83. And the median was 4.73.


Br.Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Br.Holdings'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.

Br.Holdings Cyclically Adjusted Book per Share Chart

Br.Holdings 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 79.55 97.28 125.39 156.21 188.07

Br.Holdings 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 156.21 164.20 172.85 180.76 188.07

Competitive Comparison of Br.Holdings's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Br.Holdings'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.


Br.Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Br.Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Br.Holdings 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, Br.Holdings'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)
=323.247/107.2000*107.2000
=323.247

Current CPI (Mar. 2024) = 107.2000.

Br.Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 49.469 98.000 54.113
201409 52.510 98.500 57.148
201412 56.860 97.900 62.261
201503 67.865 97.900 74.312
201506 62.559 98.400 68.154
201509 56.926 98.500 61.954
201512 66.855 98.100 73.057
201603 80.342 97.900 87.974
201606 77.038 98.100 84.184
201609 101.130 98.000 110.624
201612 108.287 98.400 117.971
201703 120.282 98.100 131.440
201706 124.044 98.500 135.000
201709 133.234 98.800 144.562
201712 136.626 99.400 147.347
201803 144.229 99.200 155.860
201806 144.390 99.200 156.034
201809 144.965 99.900 155.558
201812 150.114 99.700 161.406
201903 159.622 99.700 171.630
201906 155.364 99.800 166.884
201909 161.381 100.100 172.828
201912 164.375 100.500 175.333
202003 177.500 100.300 189.711
202006 180.291 99.900 193.465
202009 190.341 99.900 204.250
202012 200.366 99.300 216.306
202103 270.068 99.900 289.803
202106 276.491 99.500 297.888
202109 283.959 100.100 304.100
202112 284.515 100.100 304.695
202203 294.295 101.100 312.052
202206 292.280 101.800 307.784
202209 294.383 103.100 306.090
202212 294.605 104.100 303.378
202303 304.820 104.400 312.995
202306 299.713 105.200 305.411
202309 307.264 106.200 310.157
202312 314.733 106.800 315.912
202403 323.247 107.200 323.247

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


Br.Holdings  (TSE:1726) 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.

Br.Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=360.00/188.07
=1.91

* 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 Br.Holdings was 9.64. The lowest was 1.83. And the median was 4.73.


Be Aware

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


Br.Holdings Cyclically Adjusted Book per Share Related Terms

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


Br.Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-6-31 Hikarimachi, Hiroshima, JPN, 732-0057
Br.Holdings Corp is a Japan based company engages in the management and administration of civil engineering and construction subsidiary. It constructs road and railway bridges; and maintains and repairs structures.

Br.Holdings Headlines

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