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Life Foods Co (TSE:3065) Cyclically Adjusted Book per Share : 円1,152.87 (As of Feb. 2024)


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What is Life Foods 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.

Life Foods Co's adjusted book value per share for the three months ended in Feb. 2024 was 円409.561. 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1,152.87 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Life Foods Co's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.90% 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 Life Foods Co was 0.50% per year. The lowest was -0.90% per year. And the median was 0.10% per year.

As of today (2024-06-20), Life Foods Co's current stock price is 円1683.00. Life Foods Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,152.87. Life Foods Co's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Life Foods Co was 1.70. The lowest was 1.10. And the median was 1.44.


Life Foods Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Life Foods 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.

Life Foods Co Cyclically Adjusted Book per Share Chart

Life Foods Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,184.21 1,183.45 1,171.89 1,188.59 1,152.87

Life Foods Co 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 1,188.59 1,188.42 1,179.93 1,172.93 1,152.87

Competitive Comparison of Life Foods Co's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Life Foods 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.


Life Foods Co's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Life Foods Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Life Foods 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, Life Foods Co'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)
=409.561/106.9000*106.9000
=409.561

Current CPI (Feb. 2024) = 106.9000.

Life Foods Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,085.884 98.100 1,183.293
201408 1,103.191 98.300 1,199.706
201411 1,122.730 97.900 1,225.943
201502 1,189.714 97.600 1,303.078
201505 1,209.659 98.700 1,310.158
201508 1,235.811 98.400 1,342.563
201511 1,266.114 98.100 1,379.690
201602 1,263.520 97.800 1,381.087
201605 1,275.470 98.200 1,388.470
201608 1,299.726 97.900 1,419.211
201611 1,325.779 98.600 1,437.381
201702 1,317.171 98.100 1,435.327
201705 1,327.738 98.600 1,439.505
201708 1,345.213 98.500 1,459.932
201711 1,352.777 99.100 1,459.252
201802 1,332.836 99.500 1,431.961
201805 1,333.828 99.300 1,435.914
201808 1,335.224 99.800 1,430.215
201811 1,346.309 100.000 1,439.204
201902 1,345.329 99.700 1,442.484
201905 1,350.626 100.000 1,443.819
201908 1,367.270 100.000 1,461.612
201911 1,378.882 100.500 1,466.691
202002 1,337.017 100.300 1,424.996
202005 1,194.829 100.100 1,275.996
202008 1,037.193 100.100 1,107.652
202011 1,021.382 99.500 1,097.344
202102 773.291 99.800 828.305
202105 729.684 99.400 784.741
202108 732.529 99.700 785.430
202111 744.578 100.100 795.159
202202 793.109 100.700 841.940
202205 0.000 101.800 0.000
202208 773.649 102.700 805.288
202211 708.837 103.900 729.304
202302 646.918 104.000 664.957
202305 609.798 105.100 620.242
202308 435.736 105.900 439.851
202311 434.803 106.900 434.803
202402 409.561 106.900 409.561

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


Life Foods Co  (TSE:3065) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1683.00/1152.87
=1.46

* 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 Life Foods Co was 1.70. The lowest was 1.10. And the median was 1.44.


Be Aware

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


Life Foods Co Cyclically Adjusted Book per Share Related Terms

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


Life Foods Co (TSE:3065) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Esaka-cho 1-chome, 13-41, 3-41 SR building Esaka second floor, Osaka, JPN, 564-0063
Life Foods Co., Ltd is a restaurant operator in Japan. The business of the company includes management of Japanese style restaurants like zamome and street shop, meishi and diner, and sanuki noodle.

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