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Komehyo Holdings Co (TSE:2780) Cyclically Adjusted Book per Share : 円1,863.46 (As of Dec. 2023)


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What is Komehyo Holdings 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.

Komehyo Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,480.867. 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1,863.46 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Komehyo Holdings 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 Komehyo Holdings Co was 5.40% per year. The lowest was 4.20% per year. And the median was 4.30% per year.

As of today (2024-06-22), Komehyo Holdings Co's current stock price is 円4335.00. Komehyo Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,863.46. Komehyo Holdings Co's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Komehyo Holdings Co was 3.40. The lowest was 0.43. And the median was 1.05.


Komehyo Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Komehyo Holdings 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.

Komehyo Holdings Co Cyclically Adjusted Book per Share Chart

Komehyo Holdings Co 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 1,497.94 1,543.64 1,623.07 1,752.70 -

Komehyo Holdings 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 1,752.70 1,787.74 1,828.49 1,863.46 -

Competitive Comparison of Komehyo Holdings Co's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Komehyo Holdings 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.


Komehyo Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Komehyo Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Komehyo Holdings 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, Komehyo Holdings Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2480.867/106.8000*106.8000
=2,480.867

Current CPI (Dec. 2023) = 106.8000.

Komehyo Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,374.449 95.700 1,533.868
201406 1,373.963 98.000 1,497.339
201409 1,414.473 98.500 1,533.662
201412 1,482.638 97.900 1,617.423
201503 1,532.521 97.900 1,671.841
201506 1,554.556 98.400 1,687.262
201509 1,582.359 98.500 1,715.695
201512 1,627.403 98.100 1,771.729
201603 1,656.750 97.900 1,807.364
201606 1,635.541 98.100 1,780.589
201609 1,638.471 98.000 1,785.599
201612 1,635.369 98.400 1,774.974
201703 1,660.265 98.100 1,807.506
201706 1,654.532 98.500 1,793.949
201709 1,672.307 98.800 1,807.716
201712 1,718.875 99.400 1,846.840
201803 1,726.653 99.200 1,858.937
201806 1,733.508 99.200 1,866.317
201809 1,742.795 99.900 1,863.168
201812 1,777.943 99.700 1,904.557
201903 1,785.630 99.700 1,912.791
201906 1,773.102 99.800 1,897.468
201909 1,784.754 100.100 1,904.213
201912 1,767.864 100.500 1,878.685
202003 1,731.429 100.300 1,843.635
202006 1,608.890 99.900 1,720.015
202009 1,596.487 99.900 1,706.755
202012 1,654.133 99.300 1,779.068
202103 1,665.602 99.900 1,780.644
202106 1,694.430 99.500 1,818.745
202109 1,729.756 100.100 1,845.534
202112 1,803.750 100.100 1,924.481
202203 1,865.416 101.100 1,970.588
202206 1,908.168 101.800 2,001.889
202209 1,984.218 103.100 2,055.427
202212 2,112.972 104.100 2,167.775
202303 2,184.364 104.400 2,234.579
202306 2,263.388 105.200 2,297.812
202309 2,377.661 106.200 2,391.094
202312 2,480.867 106.800 2,480.867

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


Komehyo Holdings Co  (TSE:2780) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4335.00/1863.46
=2.33

* 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 Komehyo Holdings Co was 3.40. The lowest was 0.43. And the median was 1.05.


Be Aware

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


Komehyo Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Komehyo Holdings Co (TSE:2780) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-25-31 Nakaku Osu, Nagoya-shi, JPN
Komehyo Holdings Co Ltd is engaged in business planning, management, marketing and real estate business.

Komehyo Holdings Co (TSE:2780) Headlines

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