GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kawasaki & Co Ltd (TSE:3045) » Definitions » Cyclically Adjusted Book per Share

Kawasaki (TSE:3045) Cyclically Adjusted Book per Share : 円2,077.17 (As of Feb. 2024)


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

What is Kawasaki 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.

Kawasaki's adjusted book value per share for the three months ended in Feb. 2024 was 円2,535.392. 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2,077.17 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Kawasaki's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Kawasaki was 6.00% per year. The lowest was 2.90% per year. And the median was 4.50% per year.

As of today (2024-05-16), Kawasaki's current stock price is 円1313.00. Kawasaki's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円2,077.17. Kawasaki's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kawasaki was 0.89. The lowest was 0.46. And the median was 0.64.


Kawasaki Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kawasaki'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.

Kawasaki Cyclically Adjusted Book per Share Chart

Kawasaki Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,653.25 1,695.01 1,752.85 1,884.77 2,019.97

Kawasaki Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,947.48 1,985.33 2,019.97 2,057.94 2,077.17

Competitive Comparison of Kawasaki's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Kawasaki'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.


Kawasaki's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kawasaki's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2535.392/106.9000*106.9000
=2,535.392

Current CPI (Feb. 2024) = 106.9000.

Kawasaki Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,589.422 98.100 1,732.000
201408 1,559.768 98.300 1,696.228
201411 1,549.433 97.900 1,691.873
201502 1,542.413 97.600 1,689.385
201505 1,556.969 98.700 1,686.322
201508 1,664.911 98.400 1,808.730
201511 1,640.017 98.100 1,787.134
201602 1,630.551 97.800 1,782.269
201605 1,631.541 98.200 1,776.087
201608 1,729.161 97.900 1,888.124
201611 1,739.916 98.600 1,886.380
201702 1,754.821 98.100 1,912.236
201705 1,777.576 98.600 1,927.210
201708 1,776.771 98.500 1,928.293
201711 1,790.240 99.100 1,931.147
201802 1,800.543 99.500 1,934.453
201805 1,811.563 99.300 1,950.212
201808 1,822.875 99.800 1,952.558
201811 1,826.739 100.000 1,952.784
201902 1,868.786 99.700 2,003.743
201905 1,880.742 100.000 2,010.513
201908 1,910.053 100.000 2,041.847
201911 1,932.799 100.500 2,055.883
202002 1,959.262 100.300 2,088.187
202005 1,972.730 100.100 2,106.742
202008 1,936.864 100.100 2,068.439
202011 2,009.680 99.500 2,159.144
202102 2,107.885 99.800 2,257.845
202105 2,115.543 99.400 2,275.166
202108 2,133.176 99.700 2,287.227
202111 2,152.035 100.100 2,298.227
202202 2,172.402 100.700 2,306.155
202205 2,445.057 101.800 2,567.550
202208 2,447.077 102.700 2,547.152
202211 2,440.922 103.900 2,511.401
202302 2,452.589 104.000 2,520.979
202305 2,466.124 105.100 2,508.360
202308 2,492.542 105.900 2,516.079
202311 2,507.278 106.900 2,507.278
202402 2,535.392 106.900 2,535.392

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


Kawasaki  (TSE:3045) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1313.00/2077.17
=0.63

* 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 Kawasaki was 0.89. The lowest was 0.46. And the median was 0.64.


Be Aware

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


Kawasaki Cyclically Adjusted Book per Share Related Terms

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


Kawasaki (TSE:3045) Business Description

Traded in Other Exchanges
N/A
Address
Senboku-gun Chutoseoka cho Shinhahama 2 - chome 9 - 10, Osaka Prefecture, Tadaoka, JPN
Kawasaki & Co Ltd is engaged in the manufacturing and selling of clothing products. Its products include towels, handkerchiefs, bags, pouches, fashion accessories, and interior items, such as toiletries and bath products. It also has warehouse business, photovoltaic power generation business and Other business.

Kawasaki (TSE:3045) Headlines

No Headlines