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Rasa (TSE:3023) Cyclically Adjusted Book per Share : 円1,494.31 (As of Sep. 2024)


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What is Rasa 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.

Rasa's adjusted book value per share for the three months ended in Sep. 2024 was 円1,923.126. 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1,494.31 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Rasa's average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Rasa was 9.10% per year. The lowest was 7.40% per year. And the median was 8.00% per year.

As of today (2025-05-13), Rasa's current stock price is 円1429.00. Rasa's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,494.31. Rasa's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rasa was 1.46. The lowest was 0.71. And the median was 0.89.


Rasa Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rasa'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.

Rasa Cyclically Adjusted Book per Share Chart

Rasa 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 1,042.16 1,116.33 1,209.16 1,327.59 1,448.95

Rasa Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1,358.87 1,393.40 1,421.97 1,448.95 1,494.31

Competitive Comparison of Rasa's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Rasa'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.


Rasa's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rasa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Rasa 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, Rasa's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1923.126/108.9000*108.9000
=1,923.126

Current CPI (Sep. 2024) = 108.9000.

Rasa Quarterly Data

Book Value per Share CPI Adj_Book
201409 945.361 98.500 1,045.176
201412 963.516 97.900 1,071.776
201503 996.858 97.900 1,108.865
201506 995.112 98.400 1,101.298
201509 1,020.424 98.500 1,128.164
201512 1,039.103 98.100 1,153.500
201603 1,051.322 97.900 1,169.448
201606 1,050.362 98.100 1,165.998
201609 1,068.342 98.000 1,187.168
201612 1,088.505 98.400 1,204.656
201703 1,192.110 98.100 1,323.351
201706 1,185.396 98.500 1,310.555
201709 1,220.986 98.800 1,345.803
201712 1,320.297 99.400 1,446.482
201803 1,257.369 99.200 1,380.317
201806 1,254.245 99.200 1,376.888
201809 1,278.276 99.900 1,393.436
201812 1,311.825 99.700 1,432.876
201903 1,346.273 99.700 1,470.503
201906 1,369.997 99.800 1,494.917
201909 1,408.816 100.100 1,532.668
201912 1,419.427 100.500 1,538.066
202003 1,413.090 100.300 1,534.252
202006 1,439.666 99.900 1,569.366
202009 1,468.823 99.900 1,601.149
202012 1,478.283 99.300 1,621.199
202103 1,519.481 99.900 1,656.371
202106 1,525.329 99.500 1,669.430
202109 1,564.806 100.100 1,702.371
202112 1,573.235 100.100 1,711.541
202203 1,647.459 101.100 1,774.563
202206 1,642.298 101.800 1,756.839
202209 1,667.498 103.100 1,761.305
202212 1,643.692 104.100 1,719.482
202303 1,797.442 104.400 1,874.918
202306 1,795.207 105.200 1,858.346
202309 1,830.710 106.200 1,877.253
202312 1,806.756 106.800 1,842.282
202403 1,906.578 107.200 1,936.813
202409 1,923.126 108.900 1,923.126

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


Rasa  (TSE:3023) 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.

Rasa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1429.00/1494.31
=0.96

* 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 Rasa was 1.46. The lowest was 0.71. And the median was 0.89.


Be Aware

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


Rasa Cyclically Adjusted Book per Share Related Terms

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


Rasa Business Description

Industry
Traded in Other Exchanges
N/A
Address
RASA Nihonbashi Bldg, 11-5, Nihonbashi-Kakigara-cho 1-chome, Chuo-ku, Tokyo, JPN, 103-0014
Rasa Corp is engaged in the business of resource mining which includes zircon sand, industrial machinery construction, environmental equipment manufacturing, plant and equipment construction, chemical business, and real estate leasing.

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