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Food & Life (TSE:3563) Cyclically Adjusted Book per Share : 円509.24 (As of Mar. 2025)


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What is Food & Life 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.

Food & Life's adjusted book value per share for the three months ended in Mar. 2025 was 円756.459. 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509.24 for the trailing ten years ended in Mar. 2025.

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.

As of today (2025-05-29), Food & Life's current stock price is 円6140.00. Food & Life's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円509.24. Food & Life's Cyclically Adjusted PB Ratio of today is 12.06.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Food & Life was 12.26. The lowest was 8.88. And the median was 10.17.


Food & Life Cyclically Adjusted Book per Share Historical Data

The historical data trend for Food & Life'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.

Food & Life Cyclically Adjusted Book per Share Chart

Food & Life Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
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Food & Life Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 509.24

Competitive Comparison of Food & Life's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Food & Life'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.


Food & Life's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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


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Food & Life 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, Food & Life's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=756.459/111.1000*111.1000
=756.459

Current CPI (Mar. 2025) = 111.1000.

Food & Life Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 98.500 0.000
201509 416.046 98.500 469.266
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 226.902 98.000 257.233
201612 240.695 98.400 271.760
201703 254.115 98.100 287.790
201706 266.470 98.500 300.557
201709 290.008 98.800 326.112
201712 307.807 99.400 344.038
201803 325.463 99.200 364.505
201806 334.433 99.200 374.551
201809 351.874 99.900 391.323
201812 351.840 99.700 392.070
201903 368.488 99.700 410.622
201906 390.116 99.800 434.287
201909 408.160 100.100 453.013
201912 409.841 100.500 453.068
202003 425.808 100.300 471.658
202006 419.862 99.900 466.934
202009 438.673 99.900 487.854
202012 460.198 99.300 514.884
202103 498.216 99.900 554.072
202106 525.360 99.500 586.608
202109 547.683 100.100 607.868
202112 544.731 100.100 604.592
202203 568.136 101.100 624.331
202206 573.937 101.800 626.369
202209 562.931 103.100 606.611
202212 539.157 104.100 575.412
202303 565.524 104.400 601.817
202306 594.044 105.200 627.360
202309 624.691 106.200 653.514
202312 626.355 106.800 651.573
202403 670.637 107.200 695.035
202406 659.583 108.200 677.261
202409 676.856 108.900 690.530
202412 719.185 110.700 721.784
202503 756.459 111.100 756.459

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


Food & Life  (TSE:3563) 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.

Food & Life's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6140.00/509.24
=12.06

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Food & Life was 12.26. The lowest was 8.88. And the median was 10.17.


Be Aware

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


Food & Life Cyclically Adjusted Book per Share Related Terms

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


Food & Life Business Description

Traded in Other Exchanges
Address
1-22-2 Esaka-cho, Osaka Prefecture, Suita, JPN, 564-0063
Food & Life Companies Ltd owns and operates a revolving sushi-style restaurant chain. The company operates under the Sushiro brand. It has operations in Japan, Korea, Taiwan, Hong Kong, Singapore, and Thailand.

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