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Alfresa Holdings (TSE:2784) Cyclically Adjusted Book per Share : 円2,324.31 (As of Dec. 2024)


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What is Alfresa Holdings 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.

Alfresa Holdings's adjusted book value per share for the three months ended in Dec. 2024 was 円2,670.989. 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2,324.31 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Alfresa Holdings'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 Alfresa Holdings was 8.10% per year. The lowest was 6.50% per year. And the median was 7.25% per year.

As of today (2025-05-27), Alfresa Holdings's current stock price is 円1925.00. Alfresa Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円2,324.31. Alfresa Holdings's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alfresa Holdings was 2.20. The lowest was 0.78. And the median was 1.16.


Alfresa Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alfresa Holdings'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.

Alfresa Holdings Cyclically Adjusted Book per Share Chart

Alfresa Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,729.23 1,861.03 2,028.89 2,184.74 -

Alfresa Holdings 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 2,184.74 - 2,261.79 2,324.31 -

Competitive Comparison of Alfresa Holdings's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Alfresa Holdings'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.


Alfresa Holdings's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Alfresa Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Alfresa Holdings 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, Alfresa Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2670.989/110.7000*110.7000
=2,670.989

Current CPI (Dec. 2024) = 110.7000.

Alfresa Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,576.058 97.900 1,782.121
201506 1,598.162 98.400 1,797.932
201509 1,568.051 98.500 1,762.266
201512 1,626.530 98.100 1,835.442
201603 1,691.625 97.900 1,912.798
201606 1,726.953 98.100 1,948.763
201609 1,729.722 98.000 1,953.880
201612 1,786.520 98.400 2,009.835
201703 1,810.660 98.100 2,043.222
201706 1,829.771 98.500 2,056.403
201709 1,855.921 98.800 2,079.458
201712 1,930.081 99.400 2,149.497
201803 2,006.521 99.200 2,239.132
201806 2,031.760 99.200 2,267.297
201809 2,123.373 99.900 2,352.927
201812 2,057.158 99.700 2,284.126
201903 2,083.019 99.700 2,312.841
201906 2,056.662 99.800 2,281.287
201909 2,127.634 100.100 2,352.938
201912 2,216.176 100.500 2,441.101
202003 2,237.880 100.300 2,469.923
202006 2,273.784 99.900 2,519.598
202009 2,302.895 99.900 2,551.857
202012 2,274.956 99.300 2,536.129
202103 2,313.644 99.900 2,563.768
202106 2,295.980 99.500 2,554.422
202109 2,323.173 100.100 2,569.183
202112 2,302.352 100.100 2,546.158
202203 2,330.340 101.100 2,551.619
202206 2,348.219 101.800 2,553.515
202209 2,379.982 103.100 2,555.422
202212 2,379.780 104.100 2,530.659
202303 2,411.881 104.400 2,557.426
202306 2,441.162 105.200 2,568.789
202309 2,484.429 106.200 2,589.701
202312 2,483.224 106.800 2,573.904
202403 2,566.498 107.200 2,650.292
202406 0.000 108.200 0.000
202409 2,628.064 108.900 2,671.503
202412 2,670.989 110.700 2,670.989

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


Alfresa Holdings  (TSE:2784) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1925.00/2324.31
=0.83

* 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 Alfresa Holdings was 2.20. The lowest was 0.78. And the median was 1.16.


Be Aware

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


Alfresa Holdings Cyclically Adjusted Book per Share Related Terms

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


Alfresa Holdings Business Description

Traded in Other Exchanges
Address
1-1-3 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Alfresa Holdings Corp is a holding company engaged in the distribution of drugs. The company is in the Ethical Pharmaceuticals Wholesaling Business, the Self-Medication Products Wholesaling Business, the Manufacturing Business, and the Medical-Related Business. It mainly provides distributes diagnostic reagents and medical devices/equipment, health foods, supplements and other products to drug stores and pharmacies. The firm manufactures and markets high-quality active pharmaceutical ingredients, pharmaceuticals, diagnostic reagents, and medical devices.

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