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Univa Oak Holdings (TSE:3113) Cyclically Adjusted Book per Share : 円124.85 (As of Dec. 2023)


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What is Univa Oak Holdings 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.

Univa Oak Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円42.398. 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124.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Univa Oak Holdings's average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% 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 Univa Oak Holdings was -0.60% per year. The lowest was -1.40% per year. And the median was -1.00% per year.

As of today (2024-05-27), Univa Oak Holdings's current stock price is 円84.00. Univa Oak Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円124.85. Univa Oak Holdings's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Univa Oak Holdings was 1.60. The lowest was 0.55. And the median was 0.74.


Univa Oak Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Univa Oak Holdings'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.

Univa Oak Holdings Cyclically Adjusted Book per Share Chart

Univa Oak Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.95 128.12 124.98 123.49 125.69

Univa Oak Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 125.47 125.69 125.70 125.69 124.85

Competitive Comparison of Univa Oak Holdings's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Univa Oak Holdings'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.


Univa Oak Holdings's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Univa Oak Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Univa Oak Holdings 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, Univa Oak Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=42.398/106.8000*106.8000
=42.398

Current CPI (Dec. 2023) = 106.8000.

Univa Oak Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 90.418 95.700 100.905
201406 93.385 98.000 101.771
201409 135.917 98.500 147.370
201412 139.005 97.900 151.642
201503 142.443 97.900 155.392
201506 169.714 98.400 184.202
201509 170.148 98.500 184.485
201512 155.889 98.100 169.714
201603 147.172 97.900 160.551
201606 142.368 98.100 154.994
201609 145.491 98.000 158.555
201612 149.770 98.400 162.555
201703 150.357 98.100 163.691
201706 174.949 98.500 189.691
201709 185.410 98.800 200.423
201712 180.768 99.400 194.226
201803 173.761 99.200 187.073
201806 161.737 99.200 174.128
201809 165.192 99.900 176.602
201812 151.788 99.700 162.597
201903 138.698 99.700 148.575
201906 117.916 99.800 126.187
201909 112.486 100.100 120.015
201912 111.138 100.500 118.105
202003 101.200 100.300 107.758
202006 105.672 99.900 112.971
202009 96.919 99.900 103.613
202012 90.230 99.300 97.045
202103 88.907 99.900 95.048
202106 81.322 99.500 87.288
202109 72.820 100.100 77.694
202112 65.942 100.100 70.356
202203 59.805 101.100 63.177
202206 60.466 101.800 63.436
202209 62.099 103.100 64.328
202212 56.814 104.100 58.288
202303 52.551 104.400 53.759
202306 53.379 105.200 54.191
202309 48.938 106.200 49.214
202312 42.398 106.800 42.398

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


Univa Oak Holdings  (TSE:3113) 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.

Univa Oak Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=84.00/124.85
=0.67

* 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 Univa Oak Holdings was 1.60. The lowest was 0.55. And the median was 0.74.


Be Aware

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


Univa Oak Holdings Cyclically Adjusted Book per Share Related Terms

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


Univa Oak Holdings (TSE:3113) Business Description

Traded in Other Exchanges
N/A
Address
8-10-24 Akasaka, Minato-ku, Sumitomo Fudosan Akasaka Bldg. 6F, Tokyo, JPN, 107-0052
Univa Oak Holdings Ltd formerly Oak Capital Corp is a Japan-based company engaged in the investment banking business. The company operates through three business investment bank, business investment and brand investment. Its investment bank business is involved in the investments in the area of merger and acquisition and initial public offerings and other companies. It also invests in various projects through business investment. The company's brand investment business comprises of investments in branded power companies to improve corporate value.

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