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Gakujo Co (TSE:2301) Cyclically Adjusted Book per Share : 円767.82 (As of Apr. 2024)


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What is Gakujo 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.

Gakujo Co's adjusted book value per share for the three months ended in Apr. 2024 was 円973.332. 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767.82 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Gakujo Co's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Gakujo Co was 9.10% per year. The lowest was 6.10% per year. And the median was 7.60% per year.

As of today (2024-06-15), Gakujo Co's current stock price is 円1889.00. Gakujo Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was 円767.82. Gakujo Co's Cyclically Adjusted PB Ratio of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gakujo Co was 4.54. The lowest was 1.36. And the median was 2.31.


Gakujo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gakujo 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.

Gakujo Co Cyclically Adjusted Book per Share Chart

Gakujo Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 539.04 568.57 606.84 671.81 739.28

Gakujo Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 701.72 717.34 739.28 749.62 767.82

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

For the Staffing & Employment Services subindustry, Gakujo 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.


Gakujo Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gakujo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=973.332/107.7000*107.7000
=973.332

Current CPI (Apr. 2024) = 107.7000.

Gakujo Co Quarterly Data

Book Value per Share CPI Adj_Book
201407 466.476 98.100 512.125
201410 539.190 98.200 591.352
201501 537.928 97.800 592.381
201504 706.380 98.400 773.142
201507 714.181 98.300 782.475
201510 582.233 98.500 636.614
201601 564.363 97.700 622.128
201604 590.816 98.100 648.633
201607 595.666 97.900 655.293
201610 615.758 98.600 672.588
201701 595.184 98.200 652.763
201704 618.077 98.500 675.806
201707 634.763 98.300 695.463
201710 660.249 98.800 719.725
201801 636.679 99.500 689.149
201804 664.973 99.100 722.680
201807 668.261 99.200 725.521
201810 687.306 100.200 738.751
201901 657.923 99.700 710.715
201904 692.116 100.000 745.409
201907 704.310 99.800 760.062
201910 745.683 100.400 799.901
202001 713.644 100.500 764.771
202004 723.352 100.200 777.495
202007 732.658 100.000 789.073
202010 765.497 99.800 826.092
202101 737.782 99.800 796.184
202104 768.927 99.100 835.655
202107 783.252 99.700 846.101
202110 842.153 99.900 907.907
202201 796.251 100.300 854.997
202204 812.356 101.500 861.978
202207 826.793 102.300 870.436
202210 878.498 103.700 912.384
202301 843.300 104.700 867.463
202304 875.529 105.100 897.188
202307 905.581 105.700 922.716
202310 950.099 107.100 955.422
202401 923.867 106.900 930.781
202404 973.332 107.700 973.332

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


Gakujo Co  (TSE:2301) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1889.00/767.82
=2.46

* 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 Gakujo Co was 4.54. The lowest was 1.36. And the median was 2.31.


Be Aware

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


Gakujo Co Cyclically Adjusted Book per Share Related Terms

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


Gakujo Co (TSE:2301) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-5-10 Umeda, Kita-ku, Osaka, JPN, 530-0001
Gakujo Co Ltd provides employment information, various recruitment consulting services, and manpower dispatch and job placement services.

Gakujo Co (TSE:2301) Headlines

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