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GIG Works (TSE:2375) Cyclically Adjusted Book per Share : 円166.50 (As of Oct. 2024)


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What is GIG Works 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.

GIG Works's adjusted book value per share for the three months ended in Oct. 2024 was 円128.564. 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166.50 for the trailing ten years ended in Oct. 2024.

During the past 12 months, GIG Works's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 GIG Works was 13.70% per year. The lowest was 9.30% per year. And the median was 12.50% per year.

As of today (2025-05-28), GIG Works's current stock price is 円233.00. GIG Works's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円166.50. GIG Works's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GIG Works was 9.93. The lowest was 1.22. And the median was 3.55.


GIG Works Cyclically Adjusted Book per Share Historical Data

The historical data trend for GIG Works'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.

GIG Works Cyclically Adjusted Book per Share Chart

GIG Works Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.73 127.36 145.60 159.03 166.50

GIG Works Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 155.37 159.03 160.35 163.20 166.50

Competitive Comparison of GIG Works's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, GIG Works'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.


GIG Works's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, GIG Works's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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GIG Works 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, GIG Works's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book= Book Value per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=128.564/109.5000*109.5000
=128.564

Current CPI (Oct. 2024) = 109.5000.

GIG Works Quarterly Data

Book Value per Share CPI Adj_Book
201410 98.076 98.200 109.362
201501 100.248 97.800 112.241
201504 108.843 98.400 121.121
201507 107.752 98.300 120.029
201510 109.467 98.500 121.692
201601 112.776 97.700 126.397
201604 115.363 98.100 128.769
201607 114.579 97.900 128.155
201610 116.365 98.600 129.229
201701 119.275 98.200 133.000
201704 125.033 98.500 138.996
201707 126.154 98.300 140.528
201710 129.425 98.800 143.442
201801 132.582 99.500 145.907
201804 138.533 99.100 153.071
201807 143.579 99.200 158.487
201810 143.529 100.200 156.851
201901 144.418 99.700 158.614
201904 154.651 100.000 169.343
201907 159.156 99.800 174.625
201910 164.496 100.400 179.405
202001 163.929 100.500 178.609
202004 173.889 100.200 190.028
202007 177.082 100.000 193.905
202010 194.127 99.800 212.995
202101 201.171 99.800 220.724
202104 209.721 99.100 231.730
202107 209.653 99.700 230.261
202110 209.165 99.900 229.265
202201 190.236 100.300 207.685
202204 195.471 101.500 210.878
202207 198.554 102.300 212.528
202210 200.408 103.700 211.617
202301 193.747 104.700 202.629
202304 194.603 105.100 202.750
202307 145.591 105.700 150.825
202310 156.877 107.100 160.392
202401 159.977 106.900 163.868
202404 168.621 107.700 171.439
202410 128.564 109.500 128.564

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


GIG Works  (TSE:2375) 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.

GIG Works's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=233.00/166.50
=1.40

* 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 GIG Works was 9.93. The lowest was 1.22. And the median was 3.55.


Be Aware

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


GIG Works Cyclically Adjusted Book per Share Related Terms

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


GIG Works Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » GIG Works Inc (TSE:2375) » Definitions » Cyclically Adjusted Book per Share
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Address
2-11-6 Nishi-Shinbashi, Tokyo New Nishi-Shinbashi Building 3rd Floor, Minato-ku, Tokyo, JPN, 105-0003
GIG Works Inc is a Japan based company engaged in providing marketing and communication service which include sales agency and sales support service, field support service, contact service, and technology service which include engineering development consignment and staff support service.

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