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Wakou Shokuhin Co (TSE:2813) Cyclically Adjusted Book per Share : 円1,857.64 (As of Dec. 2023)


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What is Wakou Shokuhin 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.

Wakou Shokuhin Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,722.378. 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1,857.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wakou Shokuhin Co's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 Wakou Shokuhin Co was 1.30% per year. The lowest was -0.40% per year. And the median was 0.45% per year.

As of today (2024-06-19), Wakou Shokuhin Co's current stock price is 円6570.00. Wakou Shokuhin Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,857.64. Wakou Shokuhin Co's Cyclically Adjusted PB Ratio of today is 3.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wakou Shokuhin Co was 3.48. The lowest was 0.45. And the median was 0.61.


Wakou Shokuhin Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wakou Shokuhin 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.

Wakou Shokuhin Co Cyclically Adjusted Book per Share Chart

Wakou Shokuhin Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,687.21 1,696.62 1,667.17 1,669.46 1,762.83

Wakou Shokuhin Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,747.50 1,762.83 1,791.84 1,827.29 1,857.64

Competitive Comparison of Wakou Shokuhin Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Wakou Shokuhin 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.


Wakou Shokuhin Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Wakou Shokuhin 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, Wakou Shokuhin 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)
=2722.378/106.8000*106.8000
=2,722.378

Current CPI (Dec. 2023) = 106.8000.

Wakou Shokuhin Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,680.220 95.700 1,875.104
201406 1,640.118 98.000 1,787.394
201409 1,693.793 98.500 1,836.519
201412 1,771.361 97.900 1,932.394
201503 1,746.272 97.900 1,905.024
201506 1,742.982 98.400 1,891.773
201509 1,735.784 98.500 1,882.048
201512 1,774.537 98.100 1,931.912
201603 1,690.640 97.900 1,844.335
201606 1,599.786 98.100 1,741.663
201609 1,576.200 98.000 1,717.736
201612 1,687.278 98.400 1,831.314
201703 1,646.145 98.100 1,792.133
201706 1,629.673 98.500 1,766.996
201709 1,629.128 98.800 1,761.041
201712 1,657.742 99.400 1,781.155
201803 1,587.498 99.200 1,709.121
201806 1,604.295 99.200 1,727.205
201809 1,614.818 99.900 1,726.352
201812 1,651.473 99.700 1,769.080
201903 1,650.640 99.700 1,768.188
201906 1,616.002 99.800 1,729.349
201909 1,621.345 100.100 1,729.867
201912 1,705.832 100.500 1,812.765
202003 1,513.461 100.300 1,611.542
202006 1,444.955 99.900 1,544.757
202009 1,367.122 99.900 1,461.548
202012 1,434.545 99.300 1,542.894
202103 1,421.793 99.900 1,519.995
202106 1,418.514 99.500 1,522.586
202109 1,448.764 100.100 1,545.734
202112 1,573.024 100.100 1,678.311
202203 1,678.598 101.100 1,773.237
202206 2,021.438 101.800 2,120.723
202209 2,213.173 103.100 2,292.598
202212 2,205.286 104.100 2,262.484
202303 2,257.512 104.400 2,309.409
202306 2,487.289 105.200 2,525.118
202309 2,607.205 106.200 2,621.935
202312 2,722.378 106.800 2,722.378

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


Wakou Shokuhin Co  (TSE:2813) 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.

Wakou Shokuhin Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6570.00/1857.64
=3.54

* 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 Wakou Shokuhin Co was 3.48. The lowest was 0.45. And the median was 0.61.


Be Aware

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


Wakou Shokuhin Co Cyclically Adjusted Book per Share Related Terms

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


Wakou Shokuhin Co (TSE:2813) Business Description

Traded in Other Exchanges
N/A
Address
Hokkaido Otaru City 3-2 Chuetsu 3, Hokkaido, JPN
Wakou Shokuhin Co Ltd is engaged in manufacture and sales of various soup and natural extracts. The category of food products includes soy sauce ramen soup, tonkotsu ramen soup, tsukemen soup, and noodle soup.

Wakou Shokuhin Co (TSE:2813) Headlines

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