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Yamazaki Baking Co (TSE:2212) Cyclically Adjusted Book per Share : 円1,664.68 (As of Dec. 2024)


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What is Yamazaki Baking 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.

Yamazaki Baking Co's adjusted book value per share for the three months ended in Dec. 2024 was 円2,072.345. 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1,664.68 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Yamazaki Baking Co's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Yamazaki Baking Co was 7.60% per year. The lowest was 3.70% per year. And the median was 4.70% per year.

As of today (2025-05-30), Yamazaki Baking Co's current stock price is 円3255.00. Yamazaki Baking Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,664.68. Yamazaki Baking Co's Cyclically Adjusted PB Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yamazaki Baking Co was 2.64. The lowest was 1.03. And the median was 1.54.


Yamazaki Baking Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yamazaki Baking 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.

Yamazaki Baking Co Cyclically Adjusted Book per Share Chart

Yamazaki Baking Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,280.82 1,336.68 1,439.64 1,535.16 1,664.68

Yamazaki Baking 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 1,558.01 1,590.23 1,617.79 1,664.68 -

Competitive Comparison of Yamazaki Baking Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Yamazaki Baking 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.


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

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

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


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Yamazaki Baking 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, Yamazaki Baking 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)
=2072.345/110.7000*110.7000
=2,072.345

Current CPI (Dec. 2024) = 110.7000.

Yamazaki Baking Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,148.139 97.900 1,298.253
201506 1,181.729 98.400 1,329.445
201509 1,193.457 98.500 1,341.276
201512 1,240.747 98.100 1,400.109
201603 1,228.489 97.900 1,389.109
201606 1,244.612 98.100 1,404.470
201609 1,258.364 98.000 1,421.438
201612 1,270.393 98.400 1,429.192
201703 1,274.968 98.100 1,438.725
201706 1,317.422 98.500 1,480.595
201709 1,338.443 98.800 1,499.652
201712 1,440.769 99.400 1,604.559
201803 1,421.147 99.200 1,585.897
201806 1,461.797 99.200 1,631.259
201809 1,482.189 99.900 1,642.426
201812 1,439.713 99.700 1,598.558
201903 1,451.709 99.700 1,611.877
201906 1,468.228 99.800 1,628.586
201909 1,457.800 100.100 1,612.172
201912 1,505.366 100.500 1,658.149
202003 1,486.998 100.300 1,641.183
202006 1,491.557 99.900 1,652.806
202009 1,497.757 99.900 1,659.677
202012 1,520.238 99.300 1,694.767
202103 1,518.916 99.900 1,683.123
202106 1,529.267 99.500 1,701.406
202109 1,553.882 100.100 1,718.429
202112 1,609.571 100.100 1,780.015
202203 1,620.989 101.100 1,774.911
202206 1,637.103 101.800 1,780.229
202209 1,647.432 103.100 1,768.872
202212 1,743.413 104.100 1,853.946
202303 1,739.700 104.400 1,844.682
202306 1,810.876 105.200 1,905.551
202309 1,850.890 106.200 1,929.318
202312 1,942.846 106.800 2,013.793
202403 1,962.815 107.200 2,026.899
202406 2,007.074 108.200 2,053.448
202409 1,993.101 108.900 2,026.045
202412 2,072.345 110.700 2,072.345

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


Yamazaki Baking Co  (TSE:2212) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3255.00/1664.68
=1.96

* 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 Yamazaki Baking Co was 2.64. The lowest was 1.03. And the median was 1.54.


Be Aware

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


Yamazaki Baking Co Cyclically Adjusted Book per Share Related Terms

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


Yamazaki Baking Co Business Description

Traded in Other Exchanges
Address
10-1, Iwamotocho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking is the largest manufacturer of packaged baked goods in Japan, with a nationwide manufacturing and distribution network. It holds about a 40% share of domestic packaged bakery sales. Bread loaves and sweet buns contribute about 44% of group sales. Other key products include Japanese and western-style sweets, biscuits, as well as sandwiches and prepared meal boxes supplied to convenience stores and supermarkets. It also operates a chain of 1,400-plus Daily Yamazaki convenience stores in Japan. While Yamazaki also operates fresh bakeries in Asia, most of the overseas businesses remain unconsolidated given unmeaningful contribution.

Yamazaki Baking Co Headlines

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