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JTEC (TSE:2479) Cyclically Adjusted Book per Share : 円112.89 (As of Sep. 2024)


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What is JTEC 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.

JTEC's adjusted book value per share for the three months ended in Sep. 2024 was 円154.026. 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112.89 for the trailing ten years ended in Sep. 2024.

During the past 12 months, JTEC's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 JTEC was 9.60% per year. The lowest was 7.40% per year. And the median was 8.40% per year.

As of today (2025-05-28), JTEC's current stock price is 円248.00. JTEC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円112.89. JTEC's Cyclically Adjusted PB Ratio of today is 2.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JTEC was 6.47. The lowest was 1.63. And the median was 2.35.


JTEC Cyclically Adjusted Book per Share Historical Data

The historical data trend for JTEC'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.

JTEC Cyclically Adjusted Book per Share Chart

JTEC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.96 82.85 89.66 99.10 108.97

JTEC 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 101.58 104.20 106.57 108.97 112.89

Competitive Comparison of JTEC's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, JTEC'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.


JTEC's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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JTEC 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, JTEC'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)
=154.026/108.9000*108.9000
=154.026

Current CPI (Sep. 2024) = 108.9000.

JTEC Quarterly Data

Book Value per Share CPI Adj_Book
201409 62.408 98.500 68.997
201412 67.582 97.900 75.175
201503 75.691 97.900 84.196
201506 72.617 98.400 80.366
201509 75.311 98.500 83.263
201512 76.966 98.100 85.439
201603 81.430 97.900 90.579
201606 79.552 98.100 88.310
201609 86.764 98.000 96.414
201612 88.678 98.400 98.141
201703 93.781 98.100 104.106
201706 88.680 98.500 98.043
201709 93.337 98.800 102.879
201712 99.057 99.400 108.524
201803 97.191 99.200 106.695
201806 97.977 99.200 107.557
201809 102.121 99.900 111.321
201812 108.343 99.700 118.341
201903 105.394 99.700 115.119
201906 104.693 99.800 114.239
201909 106.470 100.100 115.830
201912 109.988 100.500 119.181
202003 110.503 100.300 119.978
202006 105.827 99.900 115.361
202009 107.506 99.900 117.191
202012 109.538 99.300 120.128
202103 112.541 99.900 122.680
202106 105.793 99.500 115.788
202109 110.117 100.100 119.798
202112 117.055 100.100 127.346
202203 117.526 101.100 126.593
202206 117.972 101.800 126.200
202209 120.915 103.100 127.717
202212 131.447 104.100 137.508
202303 134.054 104.400 139.832
202306 131.474 105.200 136.098
202309 134.281 106.200 137.695
202312 143.046 106.800 145.859
202403 150.578 107.200 152.966
202409 154.026 108.900 154.026

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


JTEC  (TSE:2479) 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.

JTEC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=248.00/112.89
=2.20

* 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 JTEC was 6.47. The lowest was 1.63. And the median was 2.35.


Be Aware

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


JTEC Cyclically Adjusted Book per Share Related Terms

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


JTEC Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » JTEC Corp (TSE:2479) » Definitions » Cyclically Adjusted Book per Share
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Address
1-chome Kyobashi 1-chome, KPP Yaesu Building, Chuo - ku, Tokyo, JPN
JTEC Corp has technology work intellectual property leasing business. It is engaged in the mechanical design development, electrical and electronic design development, and contract development of software development. It also provides technical services, technical education service, and integrated consulting service.

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