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Imuraya Group Co (TSE:2209) Cyclically Adjusted Book per Share : 円1,202.81 (As of Dec. 2023)


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What is Imuraya Group 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.

Imuraya Group Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,546.622. 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1,202.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Imuraya Group Co's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Imuraya Group Co was 5.30% per year. The lowest was 3.50% per year. And the median was 3.90% per year.

As of today (2024-06-09), Imuraya Group Co's current stock price is 円2500.00. Imuraya Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,202.81. Imuraya Group Co's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Imuraya Group Co was 4.27. The lowest was 1.50. And the median was 2.20.


Imuraya Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Imuraya Group 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.

Imuraya Group Co Cyclically Adjusted Book per Share Chart

Imuraya Group Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 937.40 972.16 1,000.38 1,052.81 1,135.90

Imuraya Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,120.61 1,135.90 1,157.30 1,181.95 1,202.81

Competitive Comparison of Imuraya Group Co's Cyclically Adjusted Book per Share

For the Confectioners subindustry, Imuraya Group 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.


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

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

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



Imuraya Group 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, Imuraya Group Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1546.622/106.8000*106.8000
=1,546.622

Current CPI (Dec. 2023) = 106.8000.

Imuraya Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 869.559 95.700 970.417
201406 828.260 98.000 902.634
201409 862.914 98.500 935.627
201412 880.799 97.900 960.872
201503 909.566 97.900 992.254
201506 877.735 98.400 952.664
201509 894.841 98.500 970.244
201512 915.658 98.100 996.863
201603 892.343 97.900 973.465
201606 858.931 98.100 935.105
201609 887.197 98.000 966.864
201612 931.888 98.400 1,011.439
201703 946.600 98.100 1,030.549
201706 927.773 98.500 1,005.951
201709 1,001.623 98.800 1,082.726
201712 1,246.716 99.400 1,339.530
201803 1,158.131 99.200 1,246.859
201806 1,135.349 99.200 1,222.331
201809 1,203.771 99.900 1,286.914
201812 1,205.354 99.700 1,291.192
201903 1,205.154 99.700 1,290.977
201906 1,170.305 99.800 1,252.391
201909 1,186.632 100.100 1,266.057
201912 1,202.371 100.500 1,277.744
202003 1,173.431 100.300 1,249.476
202006 1,130.975 99.900 1,209.090
202009 1,167.587 99.900 1,248.231
202012 1,207.613 99.300 1,298.822
202103 1,235.979 99.900 1,321.347
202106 1,196.668 99.500 1,284.464
202109 1,248.458 100.100 1,332.021
202112 1,299.181 100.100 1,386.139
202203 1,325.827 101.100 1,400.577
202206 1,312.823 101.800 1,377.304
202209 1,395.649 103.100 1,445.735
202212 1,435.645 104.100 1,472.881
202303 1,425.609 104.400 1,458.382
202306 1,403.431 105.200 1,424.776
202309 1,486.422 106.200 1,494.820
202312 1,546.622 106.800 1,546.622

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


Imuraya Group Co  (TSE:2209) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2500.00/1202.81
=2.08

* 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 Imuraya Group Co was 4.27. The lowest was 1.50. And the median was 2.20.


Be Aware

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


Imuraya Group Co Cyclically Adjusted Book per Share Related Terms

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


Imuraya Group Co (TSE:2209) Business Description

Traded in Other Exchanges
N/A
Address
7-1-1, Takachaya, Mie, Tsu, JPN, 514-8530
Imuraya Group Co Ltd is a Japanese confectionery company. It operates through following business divisions: Confectionery, Processed Food, Steamed Food, Ice Cream, Chilled (Refrigerated) Food, Food Service, Seasoning and Other. The Confectionery business is involved in the manufacturing and selling of a wide range of products such as Castella (sponge cake), Dorayaki (pancake with Azuki bean paste) and Wagashi (the Japanese traditional confectionery). The Processed Food division manufactures and sells healthy, safe and selected traditional Japanese foods. Its Chilled (Refrigerated) Food division manufactures and sells products such as a long-life Tofu and refrigerated Nikuman and Anman. Its Other business activities include property management, insurance and leasing agency.

Imuraya Group Co (TSE:2209) Headlines

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