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Honeys Holdings Co (TSE:2792) Cyclically Adjusted Book per Share : 円1,284.51 (As of Feb. 2024)


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What is Honeys 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.

Honeys Holdings Co's adjusted book value per share for the three months ended in Feb. 2024 was 円1,486.378. 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1,284.51 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Honeys Holdings Co's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Honeys Holdings Co was 4.30% per year. The lowest was 2.80% per year. And the median was 3.50% per year.

As of today (2024-05-22), Honeys Holdings Co's current stock price is 円1698.00. Honeys Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,284.51. Honeys Holdings Co's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Honeys Holdings Co was 1.66. The lowest was 0.72. And the median was 1.02.


Honeys Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Honeys 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.

Honeys Holdings Co Cyclically Adjusted Book per Share Chart

Honeys Holdings Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,061.08 1,095.48 1,120.07 1,176.33 1,241.79

Honeys Holdings 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 1,222.15 1,241.79 1,258.06 1,277.04 1,284.51

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

For the Apparel Retail subindustry, Honeys 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.


Honeys Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Honeys Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1486.378/106.9000*106.9000
=1,486.378

Current CPI (Feb. 2024) = 106.9000.

Honeys Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,075.988 98.100 1,172.509
201408 1,073.495 98.300 1,167.412
201411 1,162.553 97.900 1,269.427
201502 1,149.538 97.600 1,259.074
201505 1,203.725 98.700 1,303.731
201508 1,177.223 98.400 1,278.914
201511 1,172.910 98.100 1,278.125
201602 1,086.751 97.800 1,187.870
201605 1,091.506 98.200 1,188.208
201608 1,039.500 97.900 1,135.062
201611 1,098.573 98.600 1,191.049
201702 1,078.457 98.100 1,175.199
201705 1,097.500 98.600 1,189.886
201708 1,093.726 98.500 1,186.998
201711 1,120.250 99.100 1,208.423
201802 1,054.450 99.500 1,132.871
201805 1,078.388 99.300 1,160.923
201808 1,088.863 99.800 1,166.327
201811 1,120.416 100.000 1,197.725
201902 1,095.575 99.700 1,174.694
201905 1,175.448 100.000 1,256.554
201908 1,159.055 100.000 1,239.030
201911 1,235.496 100.500 1,314.174
202002 1,222.392 100.300 1,302.829
202005 1,218.436 100.100 1,301.207
202008 1,205.783 100.100 1,287.694
202011 1,235.150 99.500 1,327.010
202102 1,214.921 99.800 1,301.353
202105 1,281.520 99.400 1,378.214
202108 1,224.110 99.700 1,312.511
202111 1,262.603 100.100 1,348.374
202202 1,245.125 100.700 1,321.786
202205 1,354.787 101.800 1,422.659
202208 1,383.921 102.700 1,440.518
202211 1,407.457 103.900 1,448.096
202302 1,370.207 104.000 1,408.415
202305 1,462.574 105.100 1,487.623
202308 1,468.288 105.900 1,482.153
202311 1,489.592 106.900 1,489.592
202402 1,486.378 106.900 1,486.378

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


Honeys Holdings Co  (TSE:2792) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1698.00/1284.51
=1.32

* 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 Honeys Holdings Co was 1.66. The lowest was 0.72. And the median was 1.02.


Be Aware

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


Honeys Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Honeys Holdings Co (TSE:2792) Business Description

Traded in Other Exchanges
N/A
Address
Kuranaka Character 1 of 7 Natsumoto 27, Kashima cho, Fukushima Prefecture, Iwaki City, JPN, 971-8141
Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site.

Honeys Holdings Co (TSE:2792) Headlines

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