GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Early Age Co Ltd (TSE:3248) » Definitions » Cyclically Adjusted Book per Share

Early Age Co (TSE:3248) Cyclically Adjusted Book per Share : 円1,055.40 (As of Jan. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Early Age 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.

Early Age Co's adjusted book value per share for the three months ended in Jan. 2024 was 円1,295.698. 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1,055.40 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Early Age Co's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Early Age Co was 9.40% per year. The lowest was 6.70% per year. And the median was 8.80% per year.

As of today (2024-06-01), Early Age Co's current stock price is 円808.00. Early Age Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円1,055.40. Early Age Co's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Early Age Co was 1.23. The lowest was 0.54. And the median was 0.77.


Early Age Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Early Age 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.

Early Age Co Cyclically Adjusted Book per Share Chart

Early Age 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 739.41 795.76 857.50 951.22 1,042.73

Early Age 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 974.93 993.84 1,014.55 1,042.73 1,055.40

Competitive Comparison of Early Age Co's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Early Age 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.


Early Age Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Early Age Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Early Age 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, Early Age 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)
=1295.698/106.9000*106.9000
=1,295.698

Current CPI (Jan. 2024) = 106.9000.

Early Age Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 671.534 97.700 734.770
201407 676.489 98.100 737.173
201410 690.147 98.200 751.290
201501 699.511 97.800 764.598
201504 722.605 98.400 785.025
201507 741.054 98.300 805.887
201510 747.084 98.500 810.795
201601 758.824 97.700 830.279
201604 769.401 98.100 838.420
201607 783.295 97.900 855.304
201610 812.374 98.600 880.758
201701 815.124 98.200 887.340
201704 867.409 98.500 941.381
201707 867.905 98.300 943.836
201710 886.978 98.800 959.696
201801 932.412 99.500 1,001.757
201804 945.757 99.100 1,020.196
201807 953.476 99.200 1,027.486
201810 978.809 100.200 1,044.258
201901 1,019.653 99.700 1,093.289
201904 1,035.900 100.000 1,107.377
201907 1,032.507 99.800 1,105.962
201910 1,053.404 100.400 1,121.602
202001 1,084.797 100.500 1,153.879
202004 1,104.139 100.200 1,177.969
202007 1,104.492 100.000 1,180.702
202010 1,120.579 99.800 1,200.300
202101 1,119.476 99.800 1,199.118
202104 1,157.602 99.100 1,248.715
202107 1,155.696 99.700 1,239.156
202110 1,174.265 99.900 1,256.546
202201 1,184.899 100.300 1,262.868
202204 1,209.627 101.500 1,273.982
202207 1,206.301 102.300 1,260.543
202210 1,228.634 103.700 1,266.547
202301 1,234.556 104.700 1,260.497
202304 1,275.621 105.100 1,297.468
202307 1,281.090 105.700 1,295.634
202310 1,300.328 107.100 1,297.900
202401 1,295.698 106.900 1,295.698

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


Early Age Co  (TSE:3248) 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.

Early Age Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=808.00/1055.4
=0.77

* 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 Early Age Co was 1.23. The lowest was 0.54. And the median was 0.77.


Be Aware

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


Early Age Co Cyclically Adjusted Book per Share Related Terms

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


Early Age Co (TSE:3248) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-11-7 Akasaka, Akasaka 5 floor twin towers new building, Minato-ku, Tokyo, JPN, 107-0052
Early Age Co Ltd is engaged in real estate business. The business of the company includes planning and developing condominiums, and leasing intermediary services for residential real estate, shops, and offices.

Early Age Co (TSE:3248) Headlines

No Headlines