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Daisue Construction Co (TSE:1814) Cyclically Adjusted Book per Share : 円1,472.49 (As of Dec. 2023)


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What is Daisue Construction 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.

Daisue Construction Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,041.134. 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1,472.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daisue Construction Co's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.40% 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 Daisue Construction Co was 16.10% per year. The lowest was 14.60% per year. And the median was 15.10% per year.

As of today (2024-05-20), Daisue Construction Co's current stock price is 円1781.00. Daisue Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,472.49. Daisue Construction Co's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daisue Construction Co was 2.26. The lowest was 0.82. And the median was 1.10.


Daisue Construction Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daisue Construction 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.

Daisue Construction Co Cyclically Adjusted Book per Share Chart

Daisue Construction Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 732.18 842.17 959.75 1,116.71 1,318.12

Daisue Construction Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,272.27 1,318.12 1,370.78 1,425.25 1,472.49

Competitive Comparison of Daisue Construction Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Daisue Construction 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.


Daisue Construction Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Daisue Construction 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, Daisue Construction Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2041.134/106.8000*106.8000
=2,041.134

Current CPI (Dec. 2023) = 106.8000.

Daisue Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 417.567 95.700 466.000
201406 454.380 98.000 495.181
201409 489.281 98.500 530.510
201412 571.991 97.900 623.990
201503 611.238 97.900 666.805
201506 667.579 98.400 724.567
201509 734.729 98.500 796.640
201512 739.320 98.100 804.887
201603 791.105 97.900 863.024
201606 809.955 98.100 881.786
201609 891.764 98.000 971.841
201612 993.953 98.400 1,078.803
201703 1,137.325 98.100 1,238.189
201706 1,156.850 98.500 1,254.331
201709 1,184.893 98.800 1,280.836
201712 1,248.828 99.400 1,341.799
201803 1,326.255 99.200 1,427.863
201806 1,364.541 99.200 1,469.082
201809 1,429.816 99.900 1,528.572
201812 1,514.232 99.700 1,622.066
201903 1,572.315 99.700 1,684.285
201906 1,588.594 99.800 1,700.018
201909 1,642.217 100.100 1,752.136
201912 1,666.635 100.500 1,771.111
202003 1,680.006 100.300 1,788.880
202006 1,692.964 99.900 1,809.895
202009 1,738.890 99.900 1,858.994
202012 1,749.562 99.300 1,881.704
202103 1,822.334 99.900 1,948.201
202106 1,855.037 99.500 1,991.135
202109 1,883.545 100.100 2,009.616
202112 1,912.149 100.100 2,040.135
202203 1,967.908 101.100 2,078.858
202206 1,946.607 101.800 2,042.216
202209 2,009.926 103.100 2,082.057
202212 2,024.134 104.100 2,076.633
202303 2,055.416 104.400 2,102.667
202306 2,064.960 105.200 2,096.366
202309 2,065.056 106.200 2,076.723
202312 2,041.134 106.800 2,041.134

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


Daisue Construction Co  (TSE:1814) 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.

Daisue Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1781.00/1472.49
=1.21

* 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 Daisue Construction Co was 2.26. The lowest was 0.82. And the median was 1.10.


Be Aware

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


Daisue Construction Co Cyclically Adjusted Book per Share Related Terms

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


Daisue Construction Co (TSE:1814) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-5-28 Kutaro-cho, Chuo-ku, Osaka, JPN
Daisue Construction Co Ltd builds and sells residential, institutional, and industrial buildings. Those buildings include condominiums, educational and welfare facilities, and factories and warehouses.

Daisue Construction Co (TSE:1814) Headlines

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