GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kobe Bussan Co Ltd (TSE:3038) » Definitions » Cyclically Adjusted Book per Share

Kobe Bussan Co (TSE:3038) Cyclically Adjusted Book per Share : 円234.78 (As of Jan. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Kobe Bussan 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.

Kobe Bussan Co's adjusted book value per share for the three months ended in Jan. 2024 was 円524.473. 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234.78 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Kobe Bussan Co's average Cyclically Adjusted Book Growth Rate was 24.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 23.60% 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 Kobe Bussan Co was 26.30% per year. The lowest was 18.00% per year. And the median was 22.40% per year.

As of today (2024-05-28), Kobe Bussan Co's current stock price is 円3410.00. Kobe Bussan Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円234.78. Kobe Bussan Co's Cyclically Adjusted PB Ratio of today is 14.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kobe Bussan Co was 35.40. The lowest was 6.94. And the median was 19.27.


Kobe Bussan Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kobe Bussan 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.

Kobe Bussan Co Cyclically Adjusted Book per Share Chart

Kobe Bussan Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.25 111.19 137.85 177.74 224.21

Kobe Bussan Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 188.42 198.86 210.54 224.21 234.78

Competitive Comparison of Kobe Bussan Co's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Kobe Bussan 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=524.473/106.9000*106.9000
=524.473

Current CPI (Jan. 2024) = 106.9000.

Kobe Bussan Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 76.120 97.700 83.288
201407 80.722 98.100 87.963
201410 85.055 98.200 92.590
201501 78.398 97.800 85.693
201504 85.650 98.400 93.049
201507 90.543 98.300 98.464
201510 71.489 98.500 77.586
201601 73.010 97.700 79.885
201604 71.695 98.100 78.126
201607 75.444 97.900 82.380
201610 81.698 98.600 88.575
201701 87.594 98.200 95.354
201704 95.881 98.500 104.058
201707 106.024 98.300 115.300
201710 116.049 98.800 125.563
201801 122.977 99.500 132.123
201804 134.862 99.100 145.477
201807 149.020 99.200 160.587
201810 159.395 100.200 170.053
201901 164.581 99.700 176.466
201904 180.980 100.000 193.468
201907 197.661 99.800 211.723
201910 209.668 100.400 223.242
202001 218.197 100.500 232.092
202004 238.108 100.200 254.029
202007 258.861 100.000 276.722
202010 274.416 99.800 293.939
202101 281.847 99.800 301.898
202104 309.548 99.100 333.912
202107 335.994 99.700 360.258
202110 358.777 99.900 383.917
202201 364.648 100.300 388.643
202204 394.045 101.500 415.009
202207 419.741 102.300 438.615
202210 443.702 103.700 457.394
202301 429.211 104.700 438.230
202304 463.267 105.100 471.201
202307 496.392 105.700 502.027
202310 518.737 107.100 517.768
202401 524.473 106.900 524.473

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


Kobe Bussan Co  (TSE:3038) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3410.00/234.78
=14.52

* 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 Kobe Bussan Co was 35.40. The lowest was 6.94. And the median was 19.27.


Be Aware

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


Kobe Bussan Co Cyclically Adjusted Book per Share Related Terms

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


Kobe Bussan Co (TSE:3038) Business Description

Traded in Other Exchanges
Address
883 Nakaishiki Inami-cho, Hyogo-ken, Kako-gun, JPN, 675-1127
Kobe Bussan Co.,Ltd. is a Japan-based company that operates through four business divisions. The Gyomu Super business, accounting for the majority of the company's revenue, is primarily in engaged in franchising supermarkets that provide merchandise produced at the company's own factories or imported from overseas. The Kobe Cook business operates through several formats, including Kobe Cook World Buffet stores, which are buffet-style restaurants; Green's K stores, which are small supermarkets offering ready-made meals; and Green's K Teppan Buffet stores, which are restaurants featuring a blend of buffet and self-cooking. The Kobe Cook Innoventure business is operated to promote restaurant business and offer food materials. The company also operates the Eco Renewable Energy business.

Kobe Bussan Co (TSE:3038) Headlines

No Headlines