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Kitahama Capital Partners Co (TSE:2134) Cyclically Adjusted Book per Share : 円24.89 (As of Sep. 2024)


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What is Kitahama Capital Partners 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.

Kitahama Capital Partners Co's adjusted book value per share for the three months ended in Sep. 2024 was 円5.074. 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24.89 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kitahama Capital Partners Co's average Cyclically Adjusted Book Growth Rate was -6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -25.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -30.00% 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 Kitahama Capital Partners Co was -25.80% per year. The lowest was -35.50% per year. And the median was -31.15% per year.

As of today (2025-05-30), Kitahama Capital Partners Co's current stock price is 円24.00. Kitahama Capital Partners Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円24.89. Kitahama Capital Partners Co's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kitahama Capital Partners Co was 1.41. The lowest was 0.35. And the median was 0.67.


Kitahama Capital Partners Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kitahama Capital Partners 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.

Kitahama Capital Partners Co Cyclically Adjusted Book per Share Chart

Kitahama Capital Partners 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 95.43 62.18 34.56 25.66 25.42

Kitahama Capital Partners 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 26.58 26.67 26.14 25.42 24.89

Competitive Comparison of Kitahama Capital Partners Co's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Kitahama Capital Partners 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.


Kitahama Capital Partners Co's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kitahama Capital Partners Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kitahama Capital Partners 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, Kitahama Capital Partners 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)
=5.074/108.9000*108.9000
=5.074

Current CPI (Sep. 2024) = 108.9000.

Kitahama Capital Partners Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 34.200 98.500 37.811
201412 33.256 97.900 36.993
201503 33.637 97.900 37.416
201506 31.054 98.400 34.368
201509 27.451 98.500 30.349
201512 16.882 98.100 18.741
201603 18.226 97.900 20.274
201606 28.838 98.100 32.013
201609 29.102 98.000 32.339
201612 45.993 98.400 50.901
201703 21.991 98.100 24.412
201706 35.445 98.500 39.187
201709 42.762 98.800 47.133
201712 41.684 99.400 45.668
201803 44.835 99.200 49.219
201806 44.117 99.200 48.431
201809 42.861 99.900 46.722
201812 46.864 99.700 51.188
201903 37.928 99.700 41.428
201906 30.890 99.800 33.707
201909 29.808 100.100 32.428
201912 26.277 100.500 28.473
202003 16.290 100.300 17.687
202006 15.572 99.900 16.975
202009 16.332 99.900 17.803
202012 10.921 99.300 11.977
202103 13.202 99.900 14.391
202106 15.556 99.500 17.026
202109 15.484 100.100 16.845
202112 10.362 100.100 11.273
202203 7.994 101.100 8.611
202206 7.841 101.800 8.388
202209 5.727 103.100 6.049
202212 5.559 104.100 5.815
202303 4.743 104.400 4.947
202306 4.762 105.200 4.929
202309 3.791 106.200 3.887
202312 3.471 106.800 3.539
202403 1.083 107.200 1.100
202409 5.074 108.900 5.074

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


Kitahama Capital Partners Co  (TSE:2134) 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.

Kitahama Capital Partners Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.00/24.89
=0.96

* 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 Kitahama Capital Partners Co was 1.41. The lowest was 0.35. And the median was 0.67.


Be Aware

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


Kitahama Capital Partners Co Cyclically Adjusted Book per Share Related Terms

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


Kitahama Capital Partners Co Business Description

Traded in Other Exchanges
N/A
Address
8th floor Kitahama Business Hall, 1-17 Kitahama 2-chome, Chuo-ku, Osaka, JPN, 541-0041
Kitahama Capital Partners Co Ltd is engaged in Investment Business.

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