GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Kyokuto Co Ltd (TSE:2300) » Definitions » Cyclically Adjusted Book per Share

Kyokuto Co (TSE:2300) Cyclically Adjusted Book per Share : 円661.33 (As of Aug. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Kyokuto 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.

Kyokuto Co's adjusted book value per share for the three months ended in Aug. 2024 was 円433.403. 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661.33 for the trailing ten years ended in Aug. 2024.

During the past 12 months, Kyokuto Co's average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.00% 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 Kyokuto Co was -0.50% per year. The lowest was -1.70% per year. And the median was -1.20% per year.

As of today (2025-05-27), Kyokuto Co's current stock price is 円470.00. Kyokuto Co's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was 円661.33. Kyokuto Co's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kyokuto Co was 0.95. The lowest was 0.51. And the median was 0.73.


Kyokuto Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kyokuto 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.

Kyokuto Co Cyclically Adjusted Book per Share Chart

Kyokuto Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 703.45 698.31 685.21 678.79 664.25

Kyokuto Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 674.39 672.16 664.25 663.71 661.33

Competitive Comparison of Kyokuto Co's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Kyokuto 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.


Kyokuto Co's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Kyokuto Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Kyokuto 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, Kyokuto Co's adjusted Book Value per Share data for the three months ended in Aug. 2024 was:

Adj_Book= Book Value per Share /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=433.403/109.1000*109.1000
=433.403

Current CPI (Aug. 2024) = 109.1000.

Kyokuto Co Quarterly Data

Book Value per Share CPI Adj_Book
201411 691.664 97.900 770.792
201502 664.620 97.600 742.931
201505 709.150 98.700 783.873
201508 698.033 98.400 773.937
201511 690.917 98.100 768.390
201602 657.866 97.800 733.877
201605 709.846 98.200 788.637
201608 709.120 97.900 790.245
201611 707.556 98.600 782.904
201702 665.094 98.100 739.671
201705 726.704 98.600 804.091
201708 740.520 98.500 820.210
201711 742.143 99.100 817.031
201802 692.221 99.500 759.008
201805 763.775 99.300 839.153
201808 739.732 99.800 808.665
201811 728.809 100.000 795.131
201902 690.199 99.700 755.273
201905 744.077 100.000 811.788
201908 727.649 100.000 793.865
201911 718.069 100.500 779.516
202002 681.115 100.300 740.874
202005 708.763 100.100 772.488
202008 679.276 100.100 740.350
202011 599.018 99.500 656.813
202102 515.071 99.800 563.069
202105 553.864 99.400 607.913
202108 515.347 99.700 563.935
202111 491.918 100.100 536.146
202202 366.140 100.700 396.682
202205 467.546 101.800 501.073
202208 451.235 102.700 479.355
202211 473.653 103.900 497.358
202302 337.760 104.000 354.323
202305 422.288 105.100 438.360
202308 423.926 105.900 436.736
202311 399.952 106.900 408.183
202402 402.018 106.900 410.292
202405 452.555 108.100 456.741
202408 433.403 109.100 433.403

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


Kyokuto Co  (TSE:2300) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=470.00/661.33
=0.71

* 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 Kyokuto Co was 0.95. The lowest was 0.51. And the median was 0.73.


Be Aware

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


Kyokuto Co Cyclically Adjusted Book per Share Related Terms

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


Kyokuto Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hakata-ku Kannakuma 1, chome 28 No. 53, Fukuoka prefecture, Fukuoka, JPN, 816-0063
Kyokuto Co Ltd is a Japanese company. It is engaged in the home cleaning business. It offers ozone cleaning, aqua, and dry cleaning, delicate course cleaning, wash charm, and setting line services. The Company also operates outlets throughout Japan. It operates through more than six hundred stores.

Kyokuto Co Headlines

No Headlines