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Rokko Butter Co (TSE:2266) Cyclically Adjusted Book per Share : 円1,337.23 (As of Dec. 2023)


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What is Rokko Butter 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.

Rokko Butter Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,544.749. 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1,337.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rokko Butter Co's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Rokko Butter Co was 9.80% per year. The lowest was 8.80% per year. And the median was 8.95% per year.

As of today (2024-04-30), Rokko Butter Co's current stock price is 円1464.00. Rokko Butter Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,337.23. Rokko Butter Co's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rokko Butter Co was 3.73. The lowest was 0.99. And the median was 1.52.


Rokko Butter Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rokko Butter 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.

Rokko Butter Co Cyclically Adjusted Book per Share Chart

Rokko Butter Co 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 966.00 1,033.55 1,124.11 1,243.29 1,337.23

Rokko Butter 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 1,243.29 1,262.11 1,287.01 1,314.51 1,337.23

Competitive Comparison of Rokko Butter Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Rokko Butter 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.


Rokko Butter Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Rokko Butter 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, Rokko Butter 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)
=1544.749/106.8000*106.8000
=1,544.749

Current CPI (Dec. 2023) = 106.8000.

Rokko Butter Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 823.174 95.700 918.652
201406 838.239 98.000 913.509
201409 843.860 98.500 914.967
201412 866.640 97.900 945.425
201503 885.605 97.900 966.115
201506 917.381 98.400 995.694
201509 937.384 98.500 1,016.372
201512 967.796 98.100 1,053.625
201603 884.888 97.900 965.332
201606 924.060 98.100 1,006.010
201609 972.842 98.000 1,060.199
201612 1,084.910 98.400 1,177.524
201703 1,116.904 98.100 1,215.957
201706 1,161.832 98.500 1,259.733
201709 1,202.821 98.800 1,300.215
201712 1,247.649 99.400 1,340.532
201803 1,256.236 99.200 1,352.480
201806 1,297.568 99.200 1,396.978
201809 1,336.436 99.900 1,428.742
201812 1,367.413 99.700 1,464.791
201903 1,378.338 99.700 1,476.494
201906 1,394.814 99.800 1,492.647
201909 1,388.211 100.100 1,481.128
201912 1,396.245 100.500 1,483.771
202003 1,380.134 100.300 1,469.574
202006 1,390.002 99.900 1,486.008
202009 1,398.533 99.900 1,495.128
202012 1,423.990 99.300 1,531.542
202103 1,449.665 99.900 1,549.792
202106 1,518.326 99.500 1,629.721
202109 1,537.965 100.100 1,640.906
202112 1,524.177 100.100 1,626.195
202203 1,521.952 101.100 1,607.759
202206 1,522.135 101.800 1,596.896
202209 1,514.912 103.100 1,569.278
202212 1,500.409 104.100 1,539.325
202303 1,480.032 104.400 1,514.056
202306 1,505.237 105.200 1,528.130
202309 1,524.642 106.200 1,533.256
202312 1,544.749 106.800 1,544.749

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


Rokko Butter Co  (TSE:2266) 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.

Rokko Butter Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1464.00/1337.23
=1.09

* 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 Rokko Butter Co was 3.73. The lowest was 0.99. And the median was 1.52.


Be Aware

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


Rokko Butter Co Cyclically Adjusted Book per Share Related Terms

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


Rokko Butter Co (TSE:2266) Business Description

Traded in Other Exchanges
N/A
Address
1-3-13 Sakaguchi-dori, Chuo-ku Kobe, Hyogo, JPN, 651-0062
Rokko Butter Co., Ltd. is a Japanese company which is engaged in manufacturing and selling of cheese and other dairy products. Its products are nuts, vegetable chips, black pepper taste mix, cheese desert bee, cheese desert berry, chocolates and other. The company is also engaged in the import and sale of chocolates.

Rokko Butter Co (TSE:2266) Headlines

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