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Kumagai Gumi Co (TSE:1861) Cyclically Adjusted Book per Share : 円3,112.20 (As of Sep. 2024)


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What is Kumagai Gumi 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.

Kumagai Gumi Co's adjusted book value per share for the three months ended in Sep. 2024 was 円4,256.820. 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3,112.20 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kumagai Gumi Co's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Kumagai Gumi Co was 15.50% per year. The lowest was 2.80% per year. And the median was 4.70% per year.

As of today (2025-03-03), Kumagai Gumi Co's current stock price is 円3835.00. Kumagai Gumi Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円3,112.20. Kumagai Gumi Co's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kumagai Gumi Co was 2.33. The lowest was 0.94. And the median was 1.28.


Kumagai Gumi Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kumagai Gumi 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.

Kumagai Gumi Co Cyclically Adjusted Book per Share Chart

Kumagai Gumi 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 2,309.99 2,375.91 2,511.81 2,715.98 2,957.32

Kumagai Gumi Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,891.86 2,957.32 - 3,112.20 -

Competitive Comparison of Kumagai Gumi Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Kumagai Gumi 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.


Kumagai Gumi Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kumagai Gumi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kumagai Gumi 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, Kumagai Gumi 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)
=4256.82/108.9000*108.9000
=4,256.820

Current CPI (Sep. 2024) = 108.9000.

Kumagai Gumi Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1,351.815 97.900 1,503.704
201503 1,432.764 97.900 1,593.749
201506 1,503.104 98.400 1,663.496
201509 1,612.880 98.500 1,783.174
201512 1,729.372 98.100 1,919.762
201603 1,737.590 97.900 1,932.825
201606 1,758.383 98.100 1,951.966
201609 1,870.347 98.000 2,078.375
201612 2,032.915 98.400 2,249.842
201703 2,150.303 98.100 2,387.034
201706 2,147.330 98.500 2,374.053
201709 2,241.095 98.800 2,470.195
201712 2,652.418 99.400 2,905.919
201803 2,707.473 99.200 2,972.216
201806 2,649.841 99.200 2,908.948
201809 2,739.566 99.900 2,986.374
201812 2,785.607 99.700 3,042.654
201903 2,894.361 99.700 3,161.443
201906 2,848.225 99.800 3,107.933
201909 2,951.290 100.100 3,210.744
201912 3,066.156 100.500 3,322.432
202003 3,177.173 100.300 3,449.593
202006 3,106.175 99.900 3,386.011
202009 3,234.992 99.900 3,526.433
202012 3,369.283 99.300 3,695.014
202103 3,515.977 99.900 3,832.732
202106 3,411.293 99.500 3,733.566
202109 3,516.256 100.100 3,825.377
202112 3,599.197 100.100 3,915.610
202203 3,750.991 101.100 4,040.385
202206 3,622.592 101.800 3,875.248
202209 3,708.802 103.100 3,917.445
202212 3,764.060 104.100 3,937.619
202303 3,894.085 104.400 4,061.933
202306 3,832.910 105.200 3,967.718
202309 3,932.723 106.200 4,032.707
202312 4,063.054 106.800 4,142.946
202403 4,185.450 107.200 4,251.824
202406 0.000 108.200 0.000
202409 4,256.820 108.900 4,256.820

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


Kumagai Gumi Co  (TSE:1861) 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.

Kumagai Gumi Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3835.00/3112.20
=1.23

* 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 Kumagai Gumi Co was 2.33. The lowest was 0.94. And the median was 1.28.


Be Aware

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


Kumagai Gumi Co Cyclically Adjusted Book per Share Related Terms

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


Kumagai Gumi Co Business Description

Industry
Traded in Other Exchanges
Address
2-1 Tsukudocho, Shinjuku-ku, Tokyo, 162-8557, JPN, 162-8557
Kumagai Gumi Co Ltd is a Japanese company that provides services in construction and civil engineering. The company analyzes, designs, and supervises complex construction projects. It also offers engineering and technical services throughout the construction process. These projects include roads, railways, airports, water systems, and other public facilities. In addition, the company is engaged in manufacturing and selling construction materials and machinery. Construction activities account for the majority of revenue. The company generates additional revenue from developing residential and commercial complexes and either operating the building or acting as a broker and selling the real estate.

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