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Voltage (TSE:3639) Cyclically Adjusted Book per Share : 円532.59 (As of Dec. 2024)


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What is Voltage 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.

Voltage's adjusted book value per share for the three months ended in Dec. 2024 was 円338.493. 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532.59 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Voltage's average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.60% 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 Voltage was -1.80% per year. The lowest was -3.60% per year. And the median was -2.40% per year.

As of today (2025-05-12), Voltage's current stock price is 円246.00. Voltage's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円532.59. Voltage's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Voltage was 1.17. The lowest was 0.41. And the median was 0.59.


Voltage Cyclically Adjusted Book per Share Historical Data

The historical data trend for Voltage'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.

Voltage Cyclically Adjusted Book per Share Chart

Voltage Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 599.87 591.93 575.63 557.03 530.90

Voltage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 553.05 545.60 536.77 530.90 532.59

Competitive Comparison of Voltage's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Voltage'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.


Voltage's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Voltage's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Voltage 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, Voltage's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=338.493/110.7000*110.7000
=338.493

Current CPI (Dec. 2024) = 110.7000.

Voltage Quarterly Data

Book Value per Share CPI Adj_Book
201412 687.636 97.900 777.541
201503 706.854 97.900 799.272
201506 735.157 98.400 827.052
201509 704.378 98.500 791.621
201512 735.891 98.100 830.409
201603 752.751 97.900 851.170
201606 744.428 98.100 840.043
201609 698.442 98.000 788.954
201612 725.099 98.400 815.736
201703 712.353 98.100 803.848
201706 731.803 98.500 822.443
201709 645.051 98.800 722.744
201712 573.585 99.400 638.791
201803 480.117 99.200 535.776
201806 460.276 99.200 513.635
201809 441.882 99.900 489.653
201812 437.664 99.700 485.952
201903 432.726 99.700 480.469
201906 389.913 99.800 432.499
201909 366.892 100.100 405.744
201912 367.970 100.500 405.316
202003 363.355 100.300 401.031
202006 378.188 99.900 419.073
202009 390.591 99.900 432.817
202012 404.249 99.300 450.658
202103 404.026 99.900 447.704
202106 410.751 99.500 456.986
202109 367.990 100.100 406.958
202112 338.267 100.100 374.087
202203 339.513 101.100 371.752
202206 340.978 101.800 370.788
202209 330.186 103.100 354.526
202212 333.952 104.100 355.125
202303 334.172 104.400 354.338
202306 336.733 105.200 354.338
202309 321.581 106.200 335.207
202312 320.970 106.800 332.691
202403 331.224 107.200 342.038
202406 338.689 108.200 346.515
202412 338.493 110.700 338.493

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


Voltage  (TSE:3639) 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.

Voltage's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=246.00/532.59
=0.46

* 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 Voltage was 1.17. The lowest was 0.41. And the median was 0.59.


Be Aware

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


Voltage Cyclically Adjusted Book per Share Related Terms

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


Voltage Business Description

Traded in Other Exchanges
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Address
4-20-3 Ebisu, 27th Floor, Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6027
Voltage Inc is involved in planning, designing, developing, producing, and operating mobile content in Japan and internationally. It is involved in planning, manufacturing, and sales of event merchandise, videos and music using intellectual property (IP) content.

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