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Yutaka Foods (TSE:2806) Cyclically Adjusted Book per Share : 円2,918.22 (As of Dec. 2023)


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What is Yutaka Foods 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.

Yutaka Foods's adjusted book value per share for the three months ended in Dec. 2023 was 円3,155.086. 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2,918.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yutaka Foods'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 Yutaka Foods was 4.50% per year. The lowest was 3.40% per year. And the median was 3.60% per year.

As of today (2024-06-21), Yutaka Foods's current stock price is 円1821.00. Yutaka Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,918.22. Yutaka Foods's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yutaka Foods was 0.91. The lowest was 0.60. And the median was 0.71.


Yutaka Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yutaka Foods'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.

Yutaka Foods Cyclically Adjusted Book per Share Chart

Yutaka Foods 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 2,453.30 2,523.07 2,636.49 2,799.77 -

Yutaka Foods 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 2,799.77 2,839.46 2,884.55 2,918.22 -

Competitive Comparison of Yutaka Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Yutaka Foods'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.


Yutaka Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yutaka Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yutaka Foods 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, Yutaka Foods'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)
=3155.086/106.8000*106.8000
=3,155.086

Current CPI (Dec. 2023) = 106.8000.

Yutaka Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,225.550 95.700 2,483.686
201406 2,225.094 98.000 2,424.898
201409 1,864.114 98.500 2,021.192
201412 1,890.989 97.900 2,062.897
201503 2,427.965 97.900 2,648.689
201506 2,465.092 98.400 2,675.527
201509 2,484.951 98.500 2,694.343
201512 2,512.149 98.100 2,734.939
201603 2,513.099 97.900 2,741.563
201606 2,520.871 98.100 2,744.434
201609 2,554.689 98.000 2,784.090
201612 2,596.855 98.400 2,818.538
201703 2,618.199 98.100 2,850.394
201706 2,652.450 98.500 2,875.956
201709 2,695.048 98.800 2,913.271
201712 2,725.270 99.400 2,928.157
201803 2,755.987 99.200 2,967.131
201806 2,742.027 99.200 2,952.102
201809 2,788.511 99.900 2,981.111
201812 2,732.097 99.700 2,926.660
201903 2,767.959 99.700 2,965.075
201906 2,779.041 99.800 2,973.964
201909 2,795.016 100.100 2,982.095
201912 2,811.422 100.500 2,987.660
202003 2,838.664 100.300 3,022.625
202006 2,860.971 99.900 3,058.576
202009 2,893.065 99.900 3,092.886
202012 2,911.055 99.300 3,130.923
202103 2,948.813 99.900 3,152.485
202106 2,971.696 99.500 3,189.720
202109 3,015.592 100.100 3,217.435
202112 3,022.932 100.100 3,225.266
202203 3,048.747 101.100 3,220.635
202206 3,067.313 101.800 3,217.967
202209 3,081.274 103.100 3,191.853
202212 3,093.076 104.100 3,173.300
202303 3,116.162 104.400 3,187.798
202306 3,131.850 105.200 3,179.483
202309 3,156.749 106.200 3,174.584
202312 3,155.086 106.800 3,155.086

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


Yutaka Foods  (TSE:2806) 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.

Yutaka Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1821.00/2918.22
=0.62

* 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 Yutaka Foods was 0.91. The lowest was 0.60. And the median was 0.71.


Be Aware

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


Yutaka Foods Cyclically Adjusted Book per Share Related Terms

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


Yutaka Foods (TSE:2806) Business Description

Traded in Other Exchanges
N/A
Address
1 at address 34, Aichi Prefecture, Kawawaki, Taketoyo, JPN, 470-2395
Yutaka Foods Corp manufactures and sells food products. It operates in four business segments namely liquid seasoning product segment, powder food product segment, chilled food product segment & the instant noodle segment.

Yutaka Foods (TSE:2806) Headlines

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