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Daisho Co (TSE:2816) Cyclically Adjusted Book per Share : 円907.28 (As of Mar. 2024)


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What is Daisho 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.

Daisho Co's adjusted book value per share for the three months ended in Mar. 2024 was 円987.909. 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907.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daisho Co's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Daisho Co was 4.60% per year. The lowest was 3.30% per year. And the median was 4.00% per year.

As of today (2024-09-24), Daisho Co's current stock price is 円1431.00. Daisho Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円907.28. Daisho Co's Cyclically Adjusted PB Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daisho Co was 1.88. The lowest was 1.38. And the median was 1.61.


Daisho Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daisho 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.

Daisho Co Cyclically Adjusted Book per Share Chart

Daisho Co 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 772.42 793.20 825.61 869.08 907.28

Daisho Co 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 869.08 879.14 891.14 900.21 907.28

Competitive Comparison of Daisho Co's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Daisho 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.


Daisho Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=987.909/107.2000*107.2000
=987.909

Current CPI (Mar. 2024) = 107.2000.

Daisho Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 744.064 98.000 813.915
201409 753.351 98.500 819.891
201412 786.309 97.900 861.004
201503 768.083 97.900 841.047
201506 755.528 98.400 823.096
201509 767.342 98.500 835.117
201512 795.040 98.100 868.790
201603 773.661 97.900 847.155
201606 754.145 98.100 824.101
201609 767.027 98.000 839.034
201612 801.813 98.400 873.520
201703 784.755 98.100 857.551
201706 771.260 98.500 839.381
201709 787.131 98.800 854.053
201712 829.142 99.400 894.205
201803 808.681 99.200 873.897
201806 796.249 99.200 860.463
201809 812.721 99.900 872.109
201812 846.079 99.700 909.726
201903 821.945 99.700 883.776
201906 811.586 99.800 871.764
201909 825.364 100.100 883.906
201912 863.384 100.500 920.943
202003 848.052 100.300 906.393
202006 852.300 99.900 914.580
202009 880.996 99.900 945.373
202012 922.746 99.300 996.157
202103 888.041 99.900 952.933
202106 888.144 99.500 956.875
202109 917.463 100.100 982.538
202112 970.919 100.100 1,039.785
202203 926.786 101.100 982.705
202206 918.499 101.800 967.221
202209 936.835 103.100 974.090
202212 978.482 104.100 1,007.620
202303 941.601 104.400 966.855
202306 936.732 105.200 954.541
202309 956.105 106.200 965.108
202312 1,018.367 106.800 1,022.181
202403 987.909 107.200 987.909

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


Daisho Co  (TSE:2816) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1431.00/907.28
=1.58

* 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 Daisho Co was 1.88. The lowest was 1.38. And the median was 1.61.


Be Aware

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


Daisho Co Cyclically Adjusted Book per Share Related Terms

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


Daisho Co Business Description

Traded in Other Exchanges
N/A
Address
1-17-3, Kamezawa, Sumida-ku, Tokyo, JPN, 130-0014
Daisho Co Ltd is engaged in production and sales of dipping sauce, soup and seasoning powder ingredients. The company's products are divided into Retail products and Foodservice products. Retail products consist of green vegetable juice, meat, salt and pepper, and others, and Foodservice products comprise of Chubo-Ou Karaage mix, Yakiniku Dori Garlic and Soy, and others.

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