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ValueCommerce Co (TSE:2491) Cyclically Adjusted Book per Share : 円432.19 (As of Mar. 2025)


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What is ValueCommerce 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.

ValueCommerce Co's adjusted book value per share for the three months ended in Mar. 2025 was 円613.364. 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432.19 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ValueCommerce Co's average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.50% 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 ValueCommerce Co was 19.70% per year. The lowest was 15.30% per year. And the median was 18.75% per year.

As of today (2025-05-29), ValueCommerce Co's current stock price is 円792.00. ValueCommerce Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円432.19. ValueCommerce Co's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ValueCommerce Co was 21.95. The lowest was 1.76. And the median was 10.04.


ValueCommerce Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for ValueCommerce 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.

ValueCommerce Co Cyclically Adjusted Book per Share Chart

ValueCommerce Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 211.97 247.24 304.27 363.72 420.21

ValueCommerce Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 378.18 391.30 403.43 420.21 432.19

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

For the Advertising Agencies subindustry, ValueCommerce 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.


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

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

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


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ValueCommerce 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, ValueCommerce Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=613.364/111.1000*111.1000
=613.364

Current CPI (Mar. 2025) = 111.1000.

ValueCommerce Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 179.584 98.400 202.762
201509 181.424 98.500 204.632
201512 187.931 98.100 212.835
201603 187.153 97.900 212.387
201606 188.636 98.100 213.634
201609 189.547 98.000 214.884
201612 189.409 98.400 213.855
201703 195.674 98.100 221.604
201706 203.571 98.500 229.612
201709 202.287 98.800 227.471
201712 216.437 99.400 241.913
201803 227.705 99.200 255.020
201806 246.940 99.200 276.563
201809 260.410 99.900 289.605
201812 283.286 99.700 315.678
201903 290.792 99.700 324.042
201906 315.044 99.800 350.715
201909 326.202 100.100 362.048
201912 355.787 100.500 393.313
202003 370.033 100.300 409.877
202006 399.724 99.900 444.538
202009 416.249 99.900 462.916
202012 454.202 99.300 508.176
202103 401.038 99.900 445.999
202106 444.328 99.500 496.129
202109 470.639 100.100 522.358
202112 512.738 100.100 569.083
202203 538.214 101.100 591.450
202206 586.318 101.800 639.881
202209 603.591 103.100 650.426
202212 643.783 104.100 687.073
202303 645.422 104.400 686.843
202306 670.996 105.200 708.628
202309 672.047 106.200 703.055
202312 694.632 106.800 722.599
202403 694.449 107.200 719.713
202406 558.515 108.200 573.484
202409 562.393 108.900 573.754
202412 593.648 110.700 595.793
202503 613.364 111.100 613.364

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


ValueCommerce Co  (TSE:2491) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=792.00/432.19
=1.83

* 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 ValueCommerce Co was 21.95. The lowest was 1.76. And the median was 10.04.


Be Aware

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


ValueCommerce Co Cyclically Adjusted Book per Share Related Terms

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


ValueCommerce Co Business Description

Traded in Other Exchanges
N/A
Address
Nihonseimei Akasaka Building 5F, 8-1-19 Akasaka, Minato, Tokyo, JPN, 107-0052
ValueCommerce Co Ltd is a Japan-based information technology company engaged in the provision of internet advertising delivery services. The company's service portfolio comprises affiliate marketing service, StoreMatch service and Store's R8. The affiliate marketing service provides compensation based on the performances of advertising for e-commerce sites. The StoreMatch Service provides pay-per-click internet advertising for stores listing on online shopping malls. The Store's R8 service is a marketing automation system customized for Yahoo! shopping.

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