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SAN-A CO (TSE:2659) Cyclically Adjusted Book per Share : 円3,754.86 (As of Nov. 2023)


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What is SAN-A 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.

SAN-A CO's adjusted book value per share for the three months ended in Nov. 2023 was 円4,517.920. 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3,754.86 for the trailing ten years ended in Nov. 2023.

During the past 12 months, SAN-A CO's average Cyclically Adjusted Book Growth Rate was -100.00% 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 SAN-A CO was 7.80% per year. The lowest was 7.60% per year. And the median was 7.70% per year.

As of today (2024-05-01), SAN-A CO's current stock price is 円4725.00. SAN-A CO's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円3,754.86. SAN-A CO's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SAN-A CO was 1.95. The lowest was 1.15. And the median was 1.35.


SAN-A CO Cyclically Adjusted Book per Share Historical Data

The historical data trend for SAN-A 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.

SAN-A CO Cyclically Adjusted Book per Share Chart

SAN-A CO Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,822.35 3,004.73 3,226.32 3,518.23 -

SAN-A CO Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3,518.23 3,600.56 3,673.96 3,754.86 -

Competitive Comparison of SAN-A CO's Cyclically Adjusted Book per Share

For the Department Stores subindustry, SAN-A 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.


SAN-A CO's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SAN-A CO's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SAN-A CO's Cyclically Adjusted PB Ratio falls into.



SAN-A 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, SAN-A CO's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=4517.92/106.9000*106.9000
=4,517.920

Current CPI (Nov. 2023) = 106.9000.

SAN-A CO Quarterly Data

Book Value per Share CPI Adj_Book
201402 2,427.285 95.500 2,717.034
201405 2,459.446 98.100 2,680.069
201408 2,522.236 98.300 2,742.900
201411 2,573.795 97.900 2,810.405
201502 2,634.872 97.600 2,885.941
201505 2,687.119 98.700 2,910.365
201508 2,754.227 98.400 2,992.143
201511 2,809.727 98.100 3,061.772
201602 2,886.864 97.800 3,155.478
201605 2,923.344 98.200 3,182.337
201608 3,006.564 97.900 3,282.959
201611 3,073.109 98.600 3,331.799
201702 3,156.391 98.100 3,439.533
201705 3,191.588 98.600 3,460.251
201708 3,272.368 98.500 3,551.433
201711 3,343.449 99.100 3,606.606
201802 3,435.523 99.500 3,691.029
201805 3,462.898 99.300 3,727.933
201808 3,536.701 99.800 3,788.310
201811 3,600.462 100.000 3,848.894
201902 3,678.207 99.700 3,943.835
201905 3,694.006 100.000 3,948.892
201908 3,755.796 100.000 4,014.946
201911 3,794.340 100.500 4,035.970
202002 3,864.882 100.300 4,119.201
202005 3,855.371 100.100 4,117.274
202008 3,916.410 100.100 4,182.460
202011 3,952.671 99.500 4,246.638
202102 4,001.226 99.800 4,285.882
202105 4,000.319 99.400 4,302.154
202108 4,047.248 99.700 4,339.527
202111 4,099.288 100.100 4,377.761
202202 4,160.007 100.700 4,416.135
202205 4,144.795 101.800 4,352.442
202208 4,214.383 102.700 4,386.734
202211 4,259.502 103.900 4,382.491
202302 4,336.291 104.000 4,457.207
202305 4,338.621 105.100 4,412.927
202308 4,445.016 105.900 4,486.990
202311 4,517.920 106.900 4,517.920

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


SAN-A CO  (TSE:2659) 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.

SAN-A CO's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4725.00/3754.86
=1.26

* 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 SAN-A CO was 1.95. The lowest was 1.15. And the median was 1.35.


Be Aware

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


SAN-A CO Cyclically Adjusted Book per Share Related Terms

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


SAN-A CO (TSE:2659) Business Description

Industry
Traded in Other Exchanges
Address
17-51, 3-Chome, Tadaoka-Minami, Tadaoka-Cho, Senboku-Gun, Osaka, JPN
SAN-A CO Ltd is an operator of a supermarket chain and shopping malls. The shopping malls include restaurants and retailers offering home appliances, cosmetic products, clothing, and food items. The company operates in Japan.

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