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GNI Group (TSE:2160) Cyclically Adjusted Book per Share : 円315.93 (As of Jun. 2024)


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What is GNI Group 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.

GNI Group's adjusted book value per share for the three months ended in Jun. 2024 was 円735.864. 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315.93 for the trailing ten years ended in Jun. 2024.

During the past 12 months, GNI Group's average Cyclically Adjusted Book Growth Rate was 24.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 25.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.30% 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 GNI Group was 25.40% per year. The lowest was 19.90% per year. And the median was 22.60% per year.

As of today (2024-12-12), GNI Group's current stock price is 円3110.00. GNI Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円315.93. GNI Group's Cyclically Adjusted PB Ratio of today is 9.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GNI Group was 28.29. The lowest was 4.23. And the median was 10.02.


GNI Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for GNI Group'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.

GNI Group Cyclically Adjusted Book per Share Chart

GNI Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.52 144.03 180.00 229.30 283.79

GNI Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 267.76 283.79 298.40 315.93 -

Competitive Comparison of GNI Group's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, GNI Group'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.


GNI Group's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GNI Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GNI Group 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, GNI Group's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=735.864/108.2000*108.2000
=735.864

Current CPI (Jun. 2024) = 108.2000.

GNI Group Quarterly Data

Book Value per Share CPI Adj_Book
201409 129.414 98.500 142.158
201412 130.865 97.900 144.633
201503 125.781 97.900 139.014
201506 121.946 98.400 134.091
201509 116.728 98.500 128.223
201512 112.470 98.100 124.049
201603 106.747 97.900 117.978
201606 97.662 98.100 107.717
201609 95.769 98.000 105.737
201612 95.334 98.400 104.829
201703 88.899 98.100 98.052
201706 237.364 98.500 260.739
201709 287.516 98.800 314.871
201712 289.908 99.400 315.574
201803 272.139 99.200 296.829
201806 273.727 99.200 298.561
201809 275.467 99.900 298.354
201812 216.817 99.700 235.302
201903 221.335 99.700 240.205
201906 241.500 99.800 261.827
201909 251.954 100.100 272.342
201912 246.543 100.500 265.432
202003 246.033 100.300 265.411
202006 244.379 99.900 264.683
202009 245.981 99.900 266.418
202012 252.805 99.300 275.463
202103 348.146 99.900 377.071
202106 377.995 99.500 411.046
202109 389.839 100.100 421.384
202112 397.374 100.100 429.529
202203 428.175 101.100 458.245
202206 464.387 101.800 493.582
202209 482.413 103.100 506.276
202212 441.593 104.100 458.985
202303 446.560 104.400 462.814
202306 483.850 105.200 497.648
202309 509.752 106.200 519.352
202312 678.008 106.800 686.896
202403 693.415 107.200 699.883
202406 735.864 108.200 735.864

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


GNI Group  (TSE:2160) 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.

GNI Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3110.00/315.93
=9.84

* 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 GNI Group was 28.29. The lowest was 4.23. And the median was 10.02.


Be Aware

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


GNI Group Cyclically Adjusted Book per Share Related Terms

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


GNI Group Business Description

Industry
Traded in Other Exchanges
Address
Shinjuku Park Tower, 3-7-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1030
GNI Group Ltd is a clinical stage drug development company. It works on the treatment of diseases that are more common in Asia, especially Japan and China. It is engaged in the discovery, development, manufacture, and sale of drugs for the treatment of cancer and inflammatory diseases.

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