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CDG Co (TSE:2487) Cyclically Adjusted Book per Share : 円941.05 (As of Mar. 2024)


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What is CDG 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.

CDG Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,053.405. 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941.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CDG Co's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 CDG Co was 8.70% per year. The lowest was 6.20% per year. And the median was 6.20% per year.

As of today (2024-05-22), CDG Co's current stock price is 円1251.00. CDG Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円941.05. CDG Co's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CDG Co was 3.07. The lowest was 1.22. And the median was 1.94.


CDG Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CDG 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.

CDG Co Cyclically Adjusted Book per Share Chart

CDG Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 683.46 724.14 766.16 818.11 929.43

CDG Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 880.23 896.74 914.49 929.43 941.05

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

For the Advertising Agencies subindustry, CDG 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.


CDG Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CDG Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1053.405/107.2000*107.2000
=1,053.405

Current CPI (Mar. 2024) = 107.2000.

CDG Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 647.720 98.000 708.526
201409 687.115 98.500 747.804
201412 717.117 97.900 785.239
201503 742.071 97.900 812.564
201506 726.052 98.400 790.983
201509 745.614 98.500 811.470
201512 786.472 98.100 859.427
201603 789.865 97.900 864.898
201606 771.594 98.100 843.169
201609 797.255 98.000 872.099
201612 829.589 98.400 903.780
201703 856.986 98.100 936.482
201706 844.576 98.500 919.173
201709 856.916 98.800 929.771
201712 855.227 99.400 922.337
201803 879.484 99.200 950.410
201806 849.843 99.200 918.379
201809 864.661 99.900 927.844
201812 871.858 99.700 937.444
201903 889.843 99.700 956.782
201906 866.645 99.800 930.905
201909 870.570 100.100 932.319
201912 880.143 100.500 938.819
202003 897.572 100.300 959.319
202006 893.523 99.900 958.815
202009 917.490 99.900 984.534
202012 936.615 99.300 1,011.129
202103 961.468 99.900 1,031.725
202106 949.878 99.500 1,023.386
202109 961.535 100.100 1,029.736
202112 993.723 100.100 1,064.207
202203 1,008.681 101.100 1,069.541
202206 992.550 101.800 1,045.200
202209 1,008.331 103.100 1,048.430
202212 0.000 104.100 0.000
202303 1,009.922 104.400 1,037.008
202306 1,030.286 105.200 1,049.873
202309 1,031.944 106.200 1,041.661
202312 1,088.469 106.800 1,092.546
202403 1,053.405 107.200 1,053.405

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


CDG Co  (TSE:2487) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1251.00/941.05
=1.33

* 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 CDG Co was 3.07. The lowest was 1.22. And the median was 1.94.


Be Aware

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


CDG Co Cyclically Adjusted Book per Share Related Terms

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


CDG Co (TSE:2487) Business Description

Traded in Other Exchanges
N/A
Address
2-2-22 Umeda, Kita-ku, Herbis ENT, 18th Floor, Osaka, JPN, 530-0001
CDG Co Ltd is engaged in marketing. The company provides total support from planning, development to production and operation of effective promotion activities connecting consumers and users with products and brands. It offers content marketing that makes use of information and worldview of companies and brands as content, effective marketing activities. The company also support strategies on sales channels of products and services from various aspects, such as developing sales channels and building sales floors. Along with this it also gives consulting services that cover issues by analyzing issues related to marketing and sales activities for proposing solutions.

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