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Showangyo Co (TSE:2004) Cyclically Adjusted Book per Share : 円3,108.11 (As of Dec. 2024)


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What is Showangyo 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.

Showangyo Co's adjusted book value per share for the three months ended in Dec. 2024 was 円4,131.894. 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3,108.11 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Showangyo Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Showangyo Co was 8.80% per year. The lowest was 6.10% per year. And the median was 7.40% per year.

As of today (2025-05-29), Showangyo Co's current stock price is 円2895.00. Showangyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円3,108.11. Showangyo Co's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Showangyo Co was 1.74. The lowest was 0.86. And the median was 1.35.


Showangyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Showangyo 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.

Showangyo Co Cyclically Adjusted Book per Share Chart

Showangyo Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,247.64 2,429.49 2,658.04 2,895.76 -

Showangyo Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,895.76 - 3,010.96 3,108.11 -

Competitive Comparison of Showangyo Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Showangyo 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.


Showangyo Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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


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Showangyo 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, Showangyo Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4131.894/110.7000*110.7000
=4,131.894

Current CPI (Dec. 2024) = 110.7000.

Showangyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 2,077.224 97.900 2,348.812
201506 2,113.552 98.400 2,377.746
201509 2,133.640 98.500 2,397.908
201512 2,220.814 98.100 2,506.056
201603 2,154.060 97.900 2,435.694
201606 2,148.866 98.100 2,424.867
201609 2,203.067 98.000 2,488.566
201612 2,273.666 98.400 2,557.874
201703 2,318.434 98.100 2,616.215
201706 2,365.698 98.500 2,658.708
201709 2,413.913 98.800 2,704.658
201712 2,470.555 99.400 2,751.413
201803 2,476.296 99.200 2,763.367
201806 2,521.772 99.200 2,814.115
201809 2,591.000 99.900 2,871.108
201812 2,587.611 99.700 2,873.105
201903 2,622.765 99.700 2,912.137
201906 2,654.027 99.800 2,943.896
201909 2,722.082 100.100 3,010.334
201912 2,794.378 100.500 3,077.987
202003 2,738.212 100.300 3,022.134
202006 2,797.849 99.900 3,100.319
202009 3,043.268 99.900 3,372.270
202012 3,079.762 99.300 3,433.330
202103 3,079.860 99.900 3,412.818
202106 3,078.507 99.500 3,425.032
202109 3,146.103 100.100 3,479.257
202112 3,138.309 100.100 3,470.637
202203 3,161.806 101.100 3,462.037
202206 3,189.386 101.800 3,468.222
202209 3,232.702 103.100 3,471.000
202212 3,256.723 104.100 3,463.201
202303 3,378.461 104.400 3,582.334
202306 3,482.270 105.200 3,664.328
202309 3,612.390 106.200 3,765.457
202312 3,709.745 106.800 3,845.213
202403 3,875.520 107.200 4,002.053
202406 0.000 108.200 0.000
202409 4,043.174 108.900 4,110.003
202412 4,131.894 110.700 4,131.894

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


Showangyo Co  (TSE:2004) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2895.00/3108.11
=0.93

* 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 Showangyo Co was 1.74. The lowest was 0.86. And the median was 1.35.


Be Aware

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


Showangyo Co Cyclically Adjusted Book per Share Related Terms

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


Showangyo Co Business Description

Traded in Other Exchanges
N/A
Address
Kamakuragashi Building, 2-2-1,Uchikanda, Chiyoda-ku, Tokyo, JPN, 101-8521
Showa Sangyo Co Ltd is a comprehensive food manufacturer that operates businesses in flour milling, vegetable oils, starches, sweeteners, and other food items. Based out of Asia, it processes imported raw materials to make seasonings, beverages, frozen foods, and other ready-to-eat products. The products are distributed to retailers and other wholesalers to help provide a diversified reach. Additional sources of income come from warehousing and real estate. It owns large silos to store grain for internal use and to supply other manufacturers. The real estate division develops commercial facilities and leases office buildings and acreage.

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