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S-Pool (TSE:2471) Cyclically Adjusted Book per Share : 円49.21 (As of Nov. 2024)


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What is S-Pool 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.

S-Pool's adjusted book value per share for the three months ended in Nov. 2024 was 円124.500. 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49.21 for the trailing ten years ended in Nov. 2024.

During the past 12 months, S-Pool's average Cyclically Adjusted Book Growth Rate was 22.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 35.40% 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 S-Pool was 38.40% per year. The lowest was 30.80% per year. And the median was 35.35% per year.

As of today (2025-05-12), S-Pool's current stock price is 円306.00. S-Pool's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was 円49.21. S-Pool's Cyclically Adjusted PB Ratio of today is 6.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of S-Pool was 79.78. The lowest was 5.57. And the median was 41.10.


S-Pool Cyclically Adjusted Book per Share Historical Data

The historical data trend for S-Pool'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.

S-Pool Cyclically Adjusted Book per Share Chart

S-Pool Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.34 22.01 29.51 40.19 49.21

S-Pool Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 37.23 40.19 42.57 45.52 49.21

Competitive Comparison of S-Pool's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, S-Pool'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.


S-Pool's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

* The bar in red indicates where S-Pool's Cyclically Adjusted PB Ratio falls into.


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S-Pool 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, S-Pool's adjusted Book Value per Share data for the three months ended in Nov. 2024 was:

Adj_Book= Book Value per Share /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=124.5/110.0000*110.0000
=124.500

Current CPI (Nov. 2024) = 110.0000.

S-Pool Quarterly Data

Book Value per Share CPI Adj_Book
201411 10.073 97.900 11.318
201502 9.311 97.600 10.494
201505 9.561 98.700 10.656
201508 8.103 98.400 9.058
201511 8.842 98.100 9.915
201602 8.330 97.800 9.369
201605 11.114 98.200 12.449
201608 12.130 97.900 13.629
201611 13.873 98.600 15.477
201702 13.923 98.100 15.612
201705 15.538 98.600 17.334
201708 16.369 98.500 18.280
201711 18.660 99.100 20.712
201802 19.265 99.500 21.298
201805 21.749 99.300 24.093
201808 23.448 99.800 25.844
201811 25.754 100.000 28.329
201902 26.350 99.700 29.072
201905 31.011 100.000 34.112
201908 34.543 100.000 37.997
201911 38.416 100.500 42.047
202002 40.238 100.300 44.129
202005 45.023 100.100 49.476
202008 49.554 100.100 54.455
202011 56.428 99.500 62.383
202102 56.288 99.800 62.041
202105 62.997 99.400 69.715
202108 69.174 99.700 76.320
202111 76.933 100.100 84.542
202202 76.591 100.700 83.664
202205 84.426 101.800 91.227
202208 89.717 102.700 96.094
202211 21.720 103.900 22.995
202302 89.793 104.000 94.973
202305 99.185 105.100 103.809
202308 103.666 105.900 107.680
202311 107.653 106.900 110.775
202402 100.982 106.900 103.910
202405 106.577 108.100 108.450
202411 124.500 110.000 124.500

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


S-Pool  (TSE:2471) 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.

S-Pool's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=306.00/49.21
=6.22

* 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 S-Pool was 79.78. The lowest was 5.57. And the median was 41.10.


Be Aware

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


S-Pool Cyclically Adjusted Book per Share Related Terms

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


S-Pool Business Description

Industry
Traded in Other Exchanges
N/A
Address
3, No. 3 Building, No. 15 Rick Hugh Edobashi 2-chome, Tokyo, JPN
S-Pool Inc is engaged in providing business solutions and human resource solutions. The solutions offered by the company include employment support service for people with disabilities, logistics outsourcing service, sales support service, and professional talent bank service.

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