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BrainPad (TSE:3655) Cyclically Adjusted Book per Share : 円139.66 (As of Dec. 2023)


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What is BrainPad 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.

BrainPad's adjusted book value per share for the three months ended in Dec. 2023 was 円242.604. 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139.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BrainPad's average Cyclically Adjusted Book Growth Rate was 17.30% 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.

As of today (2024-05-15), BrainPad's current stock price is 円1301.00. BrainPad's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円139.66. BrainPad's Cyclically Adjusted PB Ratio of today is 9.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BrainPad was 23.44. The lowest was 5.27. And the median was 10.56.


BrainPad Cyclically Adjusted Book per Share Historical Data

The historical data trend for BrainPad'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.

BrainPad Cyclically Adjusted Book per Share Chart

BrainPad Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 89.75 108.32 128.88

BrainPad 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 119.07 123.75 128.88 134.38 139.66

Competitive Comparison of BrainPad's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, BrainPad'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.


BrainPad's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, BrainPad's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BrainPad 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, BrainPad'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)
=242.604/106.8000*106.8000
=242.604

Current CPI (Dec. 2023) = 106.8000.

BrainPad Quarterly Data

Book Value per Share CPI Adj_Book
201403 55.869 95.700 62.349
201406 57.466 98.000 62.626
201409 57.572 98.500 62.423
201412 53.845 97.900 58.740
201503 54.472 97.900 59.424
201506 56.566 98.400 61.395
201509 54.833 98.500 59.453
201512 58.012 98.100 63.157
201603 61.955 97.900 67.587
201606 61.972 98.100 67.468
201609 62.565 98.000 68.183
201612 63.923 98.400 69.380
201703 67.512 98.100 73.499
201706 69.127 98.500 74.952
201709 70.825 98.800 76.560
201712 76.274 99.400 81.952
201803 83.381 99.200 89.769
201806 89.160 99.200 95.991
201809 96.387 99.900 103.044
201812 105.851 99.700 113.389
201903 119.792 99.700 128.323
201906 132.584 99.800 141.883
201909 146.882 100.100 156.713
201912 165.306 100.500 175.668
202003 174.444 100.300 185.749
202006 182.303 99.900 194.894
202009 186.035 99.900 198.884
202012 190.356 99.300 204.733
202103 199.984 99.900 213.797
202106 209.979 99.500 225.384
202109 190.957 100.100 203.738
202112 210.567 100.100 224.661
202203 219.213 101.100 231.572
202206 221.055 101.800 231.912
202209 216.641 103.100 224.416
202212 225.693 104.100 231.547
202303 231.177 104.400 236.491
202306 227.975 105.200 231.442
202309 229.285 106.200 230.580
202312 242.604 106.800 242.604

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


BrainPad  (TSE:3655) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1301.00/139.66
=9.32

* 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 BrainPad was 23.44. The lowest was 5.27. And the median was 10.56.


Be Aware

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


BrainPad Cyclically Adjusted Book per Share Related Terms

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


BrainPad (TSE:3655) Business Description

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BrainPad Inc provides online marketing solutions. The company provides data mining services, business intelligence tools, machine learning, and robotic process automation services.

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