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Apple International Co (TSE:2788) Cyclically Adjusted Book per Share : 円526.93 (As of Jun. 2024)


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What is Apple International 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.

Apple International Co's adjusted book value per share for the three months ended in Jun. 2024 was 円699.376. 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526.93 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Apple International Co's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 Apple International Co was 4.70% per year. The lowest was -3.20% per year. And the median was 1.30% per year.

As of today (2024-09-21), Apple International Co's current stock price is 円400.00. Apple International Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円526.93. Apple International Co's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Apple International Co was 1.14. The lowest was 0.25. And the median was 0.58.


Apple International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Apple International 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.

Apple International Co Cyclically Adjusted Book per Share Chart

Apple International Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 459.03 442.95 448.02 476.89 508.19

Apple International Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 490.86 500.71 508.19 515.80 526.93

Competitive Comparison of Apple International Co's Cyclically Adjusted Book per Share

For the Auto & Truck Dealerships subindustry, Apple International 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.


Apple International Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Apple International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=699.376/108.2000*108.2000
=699.376

Current CPI (Jun. 2024) = 108.2000.

Apple International Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 430.306 98.500 472.681
201412 361.418 97.900 399.443
201503 368.077 97.900 406.802
201506 384.502 98.400 422.796
201509 389.810 98.500 428.197
201512 464.042 98.100 511.818
201603 484.791 97.900 535.796
201606 536.938 98.100 592.219
201609 551.099 98.000 608.458
201612 554.127 98.400 609.314
201703 551.420 98.100 608.192
201706 521.137 98.500 572.457
201709 527.801 98.800 578.017
201712 531.651 99.400 578.719
201803 524.135 99.200 571.688
201806 405.379 99.200 442.157
201809 413.044 99.900 447.361
201812 411.273 99.700 446.336
201903 409.385 99.700 444.287
201906 414.374 99.800 449.251
201909 415.515 100.100 449.138
201912 418.383 100.500 450.438
202003 414.659 100.300 447.319
202006 421.901 99.900 456.954
202009 428.899 99.900 464.533
202012 437.912 99.300 477.161
202103 449.264 99.900 486.590
202106 453.230 99.500 492.859
202109 452.625 100.100 489.251
202112 462.226 100.100 499.629
202203 486.723 101.100 520.904
202206 502.388 101.800 533.972
202209 561.476 103.100 589.250
202212 577.923 104.100 600.685
202303 597.822 104.400 619.582
202306 637.883 105.200 656.074
202309 657.448 106.200 669.829
202312 656.865 106.800 665.476
202403 675.766 107.200 682.070
202406 699.376 108.200 699.376

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


Apple International Co  (TSE:2788) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=400.00/526.93
=0.76

* 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 Apple International Co was 1.14. The lowest was 0.25. And the median was 0.58.


Be Aware

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


Apple International Co Cyclically Adjusted Book per Share Related Terms

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


Apple International Co Business Description

Traded in Other Exchanges
Address
No.3-3 Yokkaichi, Mie Prefecture Hinaga 2-chome, Yokkaichi-shi, JPN, 510-0885
Apple International Co Ltd is a second-hand car exporter. Its purchase and sales used cars. It exports used cars and related auto-parts to South-Eastern countries.

Apple International Co Headlines

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