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E J Holdings (TSE:2153) Cyclically Adjusted Book per Share : 円1,577.90 (As of Nov. 2024)


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What is E J Holdings 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.

E J Holdings's adjusted book value per share for the three months ended in Nov. 2024 was 円1,921.304. 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1,577.90 for the trailing ten years ended in Nov. 2024.

During the past 12 months, E J Holdings's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 E J Holdings was 9.50% per year. The lowest was 3.50% per year. And the median was 6.80% per year.

As of today (2025-05-30), E J Holdings's current stock price is 円1582.00. E J Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was 円1,577.90. E J Holdings's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of E J Holdings was 1.27. The lowest was 0.47. And the median was 0.99.


E J Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for E J Holdings'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.

E J Holdings Cyclically Adjusted Book per Share Chart

E J Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,100.23 1,154.00 1,261.51 1,388.23 1,513.17

E J Holdings Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1,476.05 1,513.17 1,546.26 1,577.90 -

Competitive Comparison of E J Holdings's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, E J Holdings'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.


E J Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, E J Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E J Holdings's Cyclically Adjusted PB Ratio falls into.


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E J Holdings 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, E J Holdings's adjusted Book Value per Share data for the three months ended in Nov. 2024 was:

Adj_Book= Book Value per Share /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=1921.304/110.0000*110.0000
=1,921.304

Current CPI (Nov. 2024) = 110.0000.

E J Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201502 1,008.670 97.600 1,136.821
201505 1,276.132 98.700 1,422.234
201508 1,198.955 98.400 1,340.295
201511 1,137.631 98.100 1,275.631
201602 1,103.746 97.800 1,241.432
201605 1,317.422 98.200 1,475.727
201608 1,215.157 97.900 1,365.345
201611 1,165.592 98.600 1,300.356
201702 1,136.585 98.100 1,274.458
201705 1,286.760 98.600 1,435.533
201708 1,211.847 98.500 1,353.332
201711 1,180.139 99.100 1,309.942
201802 1,182.230 99.500 1,306.988
201805 1,371.984 99.300 1,519.821
201808 1,412.667 99.800 1,557.048
201811 1,358.132 100.000 1,493.945
201902 1,347.156 99.700 1,486.331
201905 1,334.706 100.000 1,468.177
201908 1,279.253 100.000 1,407.178
201911 1,269.030 100.500 1,388.988
202002 1,264.470 100.300 1,386.757
202005 1,493.643 100.100 1,641.366
202008 1,439.627 100.100 1,582.008
202011 1,437.549 99.500 1,589.250
202102 1,465.708 99.800 1,615.510
202105 1,601.068 99.400 1,771.806
202108 1,531.281 99.700 1,689.478
202111 1,525.063 100.100 1,675.893
202202 1,538.359 100.700 1,680.432
202205 1,763.497 101.800 1,905.547
202208 1,683.253 102.700 1,802.900
202211 1,669.036 103.900 1,767.026
202302 1,686.199 104.000 1,783.480
202305 1,910.429 105.100 1,999.498
202308 1,825.336 105.900 1,896.005
202311 1,805.485 106.900 1,857.842
202402 1,847.066 106.900 1,900.629
202405 2,077.997 108.100 2,114.521
202408 1,958.929 109.100 1,975.089
202411 1,921.304 110.000 1,921.304

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


E J Holdings  (TSE:2153) 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.

E J Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1582.00/1577.90
=1.00

* 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 E J Holdings was 1.27. The lowest was 0.47. And the median was 0.99.


Be Aware

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


E J Holdings Cyclically Adjusted Book per Share Related Terms

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


E J Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 - chome 1-21 Tsujima - kyo cho Kita - ku, Okayama, JPN, 700 - 0087
E J Holdings Inc is a business service provider. The business of the company includes planning, managing, and supervising business execution of affiliated companies, and oversee the management of entire group.

E J Holdings Headlines

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