GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asahi Co Ltd (TSE:3333) » Definitions » Cyclically Adjusted Book per Share

Asahi Co (TSE:3333) Cyclically Adjusted Book per Share : 円1,250.52 (As of Feb. 2025)


View and export this data going back to 2005. Start your Free Trial

What is Asahi 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.

Asahi Co's adjusted book value per share for the three months ended in Feb. 2025 was 円1,502.162. 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1,250.52 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Asahi Co's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Asahi Co was 10.60% per year. The lowest was 9.70% per year. And the median was 9.90% per year.

As of today (2025-05-28), Asahi Co's current stock price is 円1359.00. Asahi Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was 円1,250.52. Asahi Co's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asahi Co was 2.45. The lowest was 1.04. And the median was 1.51.


Asahi Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asahi 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.

Asahi Co Cyclically Adjusted Book per Share Chart

Asahi Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 859.23 946.33 1,044.79 1,140.90 1,250.52

Asahi Co Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1,140.90 1,170.72 1,198.94 1,225.13 1,250.52

Competitive Comparison of Asahi Co's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Asahi 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.


Asahi Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asahi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Asahi 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, Asahi Co's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=1502.162/110.8000*110.8000
=1,502.162

Current CPI (Feb. 2025) = 110.8000.

Asahi Co Quarterly Data

Book Value per Share CPI Adj_Book
201505 786.273 98.700 882.665
201508 805.149 98.400 906.611
201511 808.781 98.100 913.486
201602 781.158 97.800 884.993
201605 837.340 98.200 944.779
201608 845.293 97.900 956.675
201611 871.541 98.600 979.379
201702 863.457 98.100 975.240
201705 918.288 98.600 1,031.910
201708 947.722 98.500 1,066.067
201711 948.586 99.100 1,060.578
201802 921.757 99.500 1,026.439
201805 997.846 99.300 1,113.407
201808 1,012.883 99.800 1,124.523
201811 1,023.067 100.000 1,133.558
201902 999.110 99.700 1,110.345
201905 1,062.785 100.000 1,177.566
201908 1,070.627 100.000 1,186.255
201911 1,094.928 100.500 1,207.145
202002 1,082.105 100.300 1,195.386
202005 1,140.474 100.100 1,262.383
202008 1,221.887 100.100 1,352.498
202011 1,248.897 99.500 1,390.732
202102 1,246.088 99.800 1,383.432
202105 1,330.298 99.400 1,482.867
202108 1,349.407 99.700 1,499.642
202111 1,372.792 100.100 1,519.534
202202 1,353.536 100.700 1,489.293
202205 1,310.685 101.800 1,426.561
202208 1,325.653 102.700 1,430.208
202211 1,353.197 103.900 1,443.063
202302 1,339.813 104.000 1,427.416
202305 1,414.191 105.100 1,490.888
202308 1,432.900 105.900 1,499.200
202311 1,427.600 106.900 1,479.683
202402 1,415.487 106.900 1,467.128
202405 1,493.752 108.100 1,531.061
202408 1,517.264 109.100 1,540.906
202411 1,513.970 110.000 1,524.981
202502 1,502.162 110.800 1,502.162

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


Asahi Co  (TSE:3333) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1359.00/1250.52
=1.09

* 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 Asahi Co was 2.45. The lowest was 1.04. And the median was 1.51.


Be Aware

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


Asahi Co Cyclically Adjusted Book per Share Related Terms

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


Asahi Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-11-4 Takakura-cho, Miyakojima-ku, Osaka, JPN
Asahi Co Ltd is a Japan based company engages in the sale of bicycles, parts and accessories. It offers a range of bicycle products include ordinary bicycles, sports bicycles, children bicycles, electric bicycles and foldable bicycles.

Asahi Co Headlines

No Headlines