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Sotoh Co (TSE:3571) Cyclically Adjusted Book per Share : 円1,190.64 (As of Dec. 2023)


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What is Sotoh 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.

Sotoh Co's adjusted book value per share for the three months ended in Dec. 2023 was 円910.600. 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1,190.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sotoh Co's average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.90% 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 Sotoh Co was -0.90% per year. The lowest was -1.00% per year. And the median was -1.00% per year.

As of today (2024-06-08), Sotoh Co's current stock price is 円715.00. Sotoh Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,190.64. Sotoh Co's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sotoh Co was 0.84. The lowest was 0.57. And the median was 0.70.


Sotoh Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sotoh 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.

Sotoh Co Cyclically Adjusted Book per Share Chart

Sotoh Co 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 1,234.79 1,231.11 1,209.43 1,198.02 1,198.51

Sotoh Co 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 1,207.42 1,198.51 1,195.80 1,195.85 1,190.64

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

For the Textile Manufacturing subindustry, Sotoh 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.


Sotoh Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Sotoh 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, Sotoh Co'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)
=910.6/106.8000*106.8000
=910.600

Current CPI (Dec. 2023) = 106.8000.

Sotoh Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,254.425 95.700 1,399.923
201406 1,240.120 98.000 1,351.478
201409 1,256.893 98.500 1,362.804
201412 1,248.004 97.900 1,361.459
201503 1,267.267 97.900 1,382.473
201506 1,281.717 98.400 1,391.132
201509 1,269.874 98.500 1,376.879
201512 1,257.585 98.100 1,369.114
201603 1,211.417 97.900 1,321.546
201606 1,181.137 98.100 1,285.886
201609 1,207.862 98.000 1,316.323
201612 1,226.838 98.400 1,331.568
201703 1,231.035 98.100 1,340.209
201706 1,241.259 98.500 1,345.852
201709 1,247.051 98.800 1,348.027
201712 1,233.594 99.400 1,325.431
201803 1,211.716 99.200 1,304.549
201806 1,206.216 99.200 1,298.628
201809 1,215.950 99.900 1,299.935
201812 1,149.848 99.700 1,231.733
201903 1,146.016 99.700 1,227.628
201906 1,126.133 99.800 1,205.120
201909 1,145.798 100.100 1,222.490
201912 1,139.646 100.500 1,211.086
202003 1,080.111 100.300 1,150.108
202006 1,076.477 99.900 1,150.828
202009 1,064.207 99.900 1,137.711
202012 1,043.015 99.300 1,121.793
202103 1,017.541 99.900 1,087.822
202106 998.980 99.500 1,072.272
202109 1,002.589 100.100 1,069.695
202112 964.818 100.100 1,029.396
202203 886.589 101.100 936.575
202206 882.421 101.800 925.762
202209 869.646 103.100 900.855
202212 868.829 104.100 891.363
202303 830.401 104.400 849.491
202306 854.326 105.200 867.320
202309 907.741 106.200 912.869
202312 910.600 106.800 910.600

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


Sotoh Co  (TSE:3571) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=715.00/1190.64
=0.60

* 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 Sotoh Co was 0.84. The lowest was 0.57. And the median was 0.70.


Be Aware

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


Sotoh Co Cyclically Adjusted Book per Share Related Terms

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


Sotoh Co (TSE:3571) Business Description

Traded in Other Exchanges
N/A
Address
1 Chome five, Ichinomiya, JPN
Sotoh Co Ltd is engaged in the dyeing and processing of textile products.

Sotoh Co (TSE:3571) Headlines

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