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CSS HOLDINGS (TSE:2304) Cyclically Adjusted Book per Share : 円524.57 (As of Sep. 2024)


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What is CSS HOLDINGS 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.

CSS HOLDINGS's adjusted book value per share for the three months ended in Sep. 2024 was 円535.526. 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524.57 for the trailing ten years ended in Sep. 2024.

During the past 12 months, CSS HOLDINGS's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 CSS HOLDINGS was 4.30% per year. The lowest was 3.80% per year. And the median was 4.00% per year.

As of today (2025-05-13), CSS HOLDINGS's current stock price is 円990.00. CSS HOLDINGS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円524.57. CSS HOLDINGS's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CSS HOLDINGS was 2.05. The lowest was 0.47. And the median was 0.89.


CSS HOLDINGS Cyclically Adjusted Book per Share Historical Data

The historical data trend for CSS HOLDINGS'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.

CSS HOLDINGS Cyclically Adjusted Book per Share Chart

CSS HOLDINGS Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 448.17 461.71 481.93 504.09 524.57

CSS HOLDINGS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 497.36 504.09 509.06 513.39 524.57

Competitive Comparison of CSS HOLDINGS's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, CSS HOLDINGS'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.


CSS HOLDINGS's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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


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CSS HOLDINGS 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, CSS HOLDINGS's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=535.526/108.9000*108.9000
=535.526

Current CPI (Sep. 2024) = 108.9000.

CSS HOLDINGS Quarterly Data

Book Value per Share CPI Adj_Book
201409 382.414 98.500 422.791
201412 383.631 97.900 426.736
201503 416.137 97.900 462.894
201506 428.165 98.400 473.853
201509 428.840 98.500 474.119
201512 448.624 98.100 498.014
201603 484.193 97.900 538.597
201606 478.662 98.100 531.359
201609 506.712 98.000 563.071
201612 511.575 98.400 566.164
201703 530.820 98.100 589.259
201706 535.992 98.500 592.584
201709 538.194 98.800 593.212
201712 539.247 99.400 590.785
201803 563.343 99.200 618.428
201806 560.039 99.200 614.801
201809 560.760 99.900 611.279
201812 542.300 99.700 592.342
201903 531.073 99.700 580.079
201906 531.902 99.800 580.402
201909 523.134 100.100 569.124
201912 535.791 100.500 580.574
202003 538.799 100.300 584.997
202006 463.142 99.900 504.867
202009 509.152 99.900 555.022
202012 471.540 99.300 517.127
202103 472.095 99.900 514.626
202106 473.993 99.500 518.772
202109 426.035 100.100 463.489
202112 417.026 100.100 453.688
202203 409.012 101.100 440.568
202206 417.082 101.800 446.171
202209 434.217 103.100 458.644
202212 427.114 104.100 446.808
202303 462.737 104.400 482.683
202306 467.091 105.200 483.519
202309 469.669 106.200 481.610
202312 478.393 106.800 487.800
202403 528.209 107.200 536.585
202409 535.526 108.900 535.526

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


CSS HOLDINGS  (TSE:2304) 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.

CSS HOLDINGS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=990.00/524.57
=1.89

* 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 CSS HOLDINGS was 2.05. The lowest was 0.47. And the median was 0.89.


Be Aware

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


CSS HOLDINGS Cyclically Adjusted Book per Share Related Terms

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


CSS HOLDINGS Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 10, No. 1,Nihonbashi, Chuo-ku, Kodenmacho, Tokyo, JPN, 103-0001
CSS HOLDINGS Ltd is a holding company engaged in the operation and management of its group companies. It operates Steward Business; dishwashing and management work centered on hotels and restaurants, Food Business; which handles employee cafeteria and restaurant management contracts through its subsidiaries, Space Produce Business; designs, constructs, manages, and sells items related to video, audio, broadcasting and security, and Others includes general affairs, personnel, and management related business.

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