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Broadleaf Co (TSE:3673) Cyclically Adjusted Book per Share : 円256.13 (As of Mar. 2024)


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What is Broadleaf 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.

Broadleaf Co's adjusted book value per share for the three months ended in Mar. 2024 was 円252.954. 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256.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Broadleaf Co's average Cyclically Adjusted Book Growth Rate was 4.60% 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.

As of today (2024-06-01), Broadleaf Co's current stock price is 円512.00. Broadleaf Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円256.13. Broadleaf Co's Cyclically Adjusted PB Ratio of today is 2.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Broadleaf Co was 2.50. The lowest was 1.61. And the median was 2.06.


Broadleaf Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Broadleaf 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.

Broadleaf Co Cyclically Adjusted Book per Share Chart

Broadleaf Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 242.33 254.25

Broadleaf Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 244.75 248.08 251.83 254.25 256.13

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

For the Software - Application subindustry, Broadleaf 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.


Broadleaf Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Broadleaf 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, Broadleaf Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=252.954/107.2000*107.2000
=252.954

Current CPI (Mar. 2024) = 107.2000.

Broadleaf Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 193.489 98.000 211.653
201409 196.646 98.500 214.015
201412 202.636 97.900 221.885
201503 183.830 97.900 201.293
201506 197.032 98.400 214.653
201509 188.656 98.500 205.319
201512 205.702 98.100 224.783
201603 203.839 97.900 223.203
201606 205.916 98.100 225.017
201609 195.967 98.000 214.364
201612 212.837 98.400 231.871
201703 199.971 98.100 218.521
201706 212.837 98.500 231.636
201709 208.908 98.800 226.669
201712 222.899 99.400 240.390
201803 214.696 99.200 232.010
201806 224.794 99.200 242.923
201809 228.649 99.900 245.357
201812 240.909 99.700 259.032
201903 238.156 99.700 256.071
201906 251.145 99.800 269.767
201909 255.641 100.100 273.773
201912 265.556 100.500 283.260
202003 262.935 100.300 281.023
202006 271.714 99.900 291.569
202009 274.753 99.900 294.830
202012 280.874 99.300 303.219
202103 280.775 99.900 301.292
202106 285.199 99.500 307.270
202109 290.068 100.100 310.642
202112 296.765 100.100 317.814
202203 286.218 101.100 303.487
202206 281.279 101.800 296.199
202209 278.870 103.100 289.960
202212 267.361 104.100 275.323
202303 264.198 104.400 271.284
202306 261.087 105.200 266.051
202309 258.369 106.200 260.802
202312 253.075 106.800 254.023
202403 252.954 107.200 252.954

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


Broadleaf Co  (TSE:3673) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=512.00/256.13
=2.00

* 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 Broadleaf Co was 2.50. The lowest was 1.61. And the median was 2.06.


Be Aware

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


Broadleaf Co Cyclically Adjusted Book per Share Related Terms

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


Broadleaf Co (TSE:3673) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Broadleaf Co Ltd (TSE:3673) » Definitions » Cyclically Adjusted Book per Share
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Address
Glass Cube Shinagawa 8F, 4-13-14 Higashi-shinagawa, Shinagawa-ku, Tokyo, JPN
Broadleaf Co Ltd provides software and information technology solutions and services that support the field services of the players in the automotive aftermarket and various other business sectors and industries.

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