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Cross Plus (TSE:3320) Cyclically Adjusted Book per Share : 円1,880.22 (As of Jan. 2025)


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What is Cross Plus 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.

Cross Plus's adjusted book value per share for the three months ended in Jan. 2025 was 円2,289.943. 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1,880.22 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Cross Plus's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 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 Cross Plus was 1.70% per year. The lowest was -4.00% per year. And the median was -1.70% per year.

As of today (2025-05-28), Cross Plus's current stock price is 円1072.00. Cross Plus's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was 円1,880.22. Cross Plus's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cross Plus was 0.77. The lowest was 0.19. And the median was 0.44.


Cross Plus Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cross Plus'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.

Cross Plus Cyclically Adjusted Book per Share Chart

Cross Plus Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,836.65 1,784.95 1,786.14 1,792.43 1,880.22

Cross Plus Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25
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 1,799.03 1,792.43 1,810.14 1,830.74 1,880.22

Competitive Comparison of Cross Plus's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Cross Plus'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.


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

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

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


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Cross Plus 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, Cross Plus's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=2289.943/111.2000*111.2000
=2,289.943

Current CPI (Jan. 2025) = 111.2000.

Cross Plus Quarterly Data

Book Value per Share CPI Adj_Book
201501 1,430.855 97.800 1,626.903
201504 1,389.314 98.400 1,570.038
201507 1,412.544 98.300 1,597.913
201510 1,466.248 98.500 1,655.297
201601 1,364.990 97.700 1,553.602
201604 1,177.508 98.100 1,334.749
201607 1,087.046 97.900 1,234.724
201610 1,343.127 98.600 1,514.764
201701 1,488.385 98.200 1,685.422
201704 1,521.044 98.500 1,717.158
201707 1,506.969 98.300 1,704.730
201710 1,615.469 98.800 1,818.220
201801 1,609.866 99.500 1,799.167
201804 1,644.438 99.100 1,845.222
201807 1,620.525 99.200 1,816.556
201810 1,679.235 100.200 1,863.582
201901 1,609.290 99.700 1,794.915
201904 1,633.524 100.000 1,816.479
201907 1,584.152 99.800 1,765.107
201910 1,725.859 100.400 1,911.509
202001 1,691.626 100.500 1,871.729
202004 1,563.889 100.200 1,735.573
202007 1,672.849 100.000 1,860.208
202010 1,926.769 99.800 2,146.861
202101 2,025.910 99.800 2,257.327
202104 2,077.322 99.100 2,330.961
202107 2,033.138 99.700 2,267.652
202110 1,993.727 99.900 2,219.244
202201 1,747.307 100.300 1,937.194
202204 1,801.991 101.500 1,974.201
202207 1,835.402 102.300 1,995.080
202210 1,824.628 103.700 1,956.592
202301 1,699.577 104.700 1,805.090
202304 1,872.242 105.100 1,980.907
202307 1,999.728 105.700 2,103.782
202310 2,098.481 107.100 2,178.815
202401 2,105.670 106.900 2,190.370
202404 2,198.047 107.700 2,269.478
202407 2,159.908 108.600 2,211.619
202501 2,289.943 111.200 2,289.943

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


Cross Plus  (TSE:3320) 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.

Cross Plus's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1072.00/1880.22
=0.57

* 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 Cross Plus was 0.77. The lowest was 0.19. And the median was 0.44.


Be Aware

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


Cross Plus Cyclically Adjusted Book per Share Related Terms

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


Cross Plus Business Description

Traded in Other Exchanges
N/A
Address
3-9-13, Hananoki, Nishiku, Nagoya, JPN, 451-8560
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.

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