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Souken Ace Co (TSE:1757) Cyclically Adjusted Book per Share : 円14.61 (As of Sep. 2024)


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What is Souken Ace 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.

Souken Ace Co's adjusted book value per share for the three months ended in Sep. 2024 was 円1.313. 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14.61 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Souken Ace Co's average Cyclically Adjusted Book Growth Rate was -16.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.00% 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 Souken Ace Co was -12.20% per year. The lowest was -42.60% per year. And the median was -13.30% per year.

As of today (2025-05-13), Souken Ace Co's current stock price is 円21.00. Souken Ace Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円14.61. Souken Ace Co's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Souken Ace Co was 7.14. The lowest was 0.21. And the median was 1.79.


Souken Ace Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Souken Ace 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.

Souken Ace Co Cyclically Adjusted Book per Share Chart

Souken Ace 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 26.93 24.30 20.93 18.21 15.23

Souken Ace 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 17.48 16.80 16.08 15.23 14.61

Competitive Comparison of Souken Ace Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Souken Ace 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.


Souken Ace Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Souken Ace Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Souken Ace 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, Souken Ace 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)
=1.313/108.9000*108.9000
=1.313

Current CPI (Sep. 2024) = 108.9000.

Souken Ace Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 30.727 98.500 33.971
201412 29.970 97.900 33.337
201503 28.664 97.900 31.885
201506 28.180 98.400 31.187
201509 30.689 98.500 33.929
201512 30.201 98.100 33.526
201603 30.365 97.900 33.777
201606 29.377 98.100 32.611
201609 28.209 98.000 31.347
201612 28.522 98.400 31.566
201703 27.248 98.100 30.248
201706 20.951 98.500 23.163
201709 20.127 98.800 22.185
201712 18.860 99.400 20.663
201803 12.210 99.200 13.404
201806 12.692 99.200 13.933
201809 12.531 99.900 13.660
201812 12.608 99.700 13.771
201903 4.894 99.700 5.346
201906 4.820 99.800 5.259
201909 5.052 100.100 5.496
201912 4.774 100.500 5.173
202003 5.274 100.300 5.726
202006 8.841 99.900 9.637
202009 9.322 99.900 10.162
202012 8.798 99.300 9.649
202103 5.058 99.900 5.514
202106 3.949 99.500 4.322
202109 3.612 100.100 3.930
202112 4.685 100.100 5.097
202203 3.068 101.100 3.305
202206 2.975 101.800 3.182
202209 3.279 103.100 3.463
202212 4.016 104.100 4.201
202303 4.163 104.400 4.342
202306 4.476 105.200 4.633
202309 3.033 106.200 3.110
202312 2.670 106.800 2.723
202403 0.804 107.200 0.817
202409 1.313 108.900 1.313

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


Souken Ace Co  (TSE:1757) 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.

Souken Ace Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.00/14.61
=1.44

* 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 Souken Ace Co was 7.14. The lowest was 0.21. And the median was 1.79.


Be Aware

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


Souken Ace Co Cyclically Adjusted Book per Share Related Terms

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


Souken Ace Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
11-36 Akasaka 1-Chome, Minato-Ku, Tokyo, JPN, 107-0052
Souken Ace Co Ltd Formerly Small and medium sized Enterprises Holdings Inc is engaged in the real estate development company that focuses on housing and living environment. The activities of the company include urban development, housing construction, sales, remodeling, and automobile related business.

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