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Digital Hearts Holdings Co (TSE:3676) Cyclically Adjusted Book per Share : 円257.75 (As of Sep. 2024)


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What is Digital Hearts Holdings 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.

Digital Hearts Holdings Co's adjusted book value per share for the three months ended in Sep. 2024 was 円394.278. 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257.75 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Digital Hearts Holdings Co's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.90% 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 Digital Hearts Holdings Co was 15.20% per year. The lowest was 10.80% per year. And the median was 13.50% per year.

As of today (2025-05-29), Digital Hearts Holdings Co's current stock price is 円868.00. Digital Hearts Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円257.75. Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio of today is 3.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Digital Hearts Holdings Co was 15.52. The lowest was 3.06. And the median was 8.05.


Digital Hearts Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Digital Hearts Holdings 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.

Digital Hearts Holdings Co Cyclically Adjusted Book per Share Chart

Digital Hearts Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.20 161.46 184.61 218.76 246.54

Digital Hearts Holdings Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 240.55 246.54 - 257.75 -

Competitive Comparison of Digital Hearts Holdings Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Digital Hearts Holdings 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.


Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Digital Hearts Holdings 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, Digital Hearts Holdings Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=394.278/108.9000*108.9000
=394.278

Current CPI (Sep. 2024) = 108.9000.

Digital Hearts Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 174.130 97.900 193.695
201503 171.910 97.900 191.226
201506 139.850 98.400 154.773
201509 139.953 98.500 154.730
201512 148.195 98.100 164.510
201603 126.454 97.900 140.662
201606 130.298 98.100 144.643
201609 136.511 98.000 151.694
201612 144.238 98.400 159.629
201703 119.957 98.100 133.163
201706 114.293 98.500 126.360
201709 135.700 98.800 149.572
201712 145.746 99.400 159.675
201803 154.616 99.200 169.735
201806 178.170 99.200 195.592
201809 199.380 99.900 217.342
201812 203.686 99.700 222.481
201903 219.671 99.700 239.942
201906 218.015 99.800 237.894
201909 231.769 100.100 252.144
201912 228.524 100.500 247.625
202003 229.246 100.300 248.902
202006 226.457 99.900 246.859
202009 241.840 99.900 263.627
202012 255.122 99.300 279.786
202103 263.944 99.900 287.723
202106 280.042 99.500 306.498
202109 300.804 100.100 327.248
202112 316.123 100.100 343.914
202203 323.207 101.100 348.143
202206 347.839 101.800 372.099
202209 395.914 103.100 418.187
202212 444.306 104.100 464.793
202303 395.934 104.400 413.000
202306 389.585 105.200 403.287
202309 360.485 106.200 369.650
202312 366.299 106.800 373.502
202403 377.796 107.200 383.787
202406 0.000 108.200 0.000
202409 394.278 108.900 394.278

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


Digital Hearts Holdings Co  (TSE:3676) 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.

Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=868.00/257.75
=3.37

* 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 Digital Hearts Holdings Co was 15.52. The lowest was 3.06. And the median was 8.05.


Be Aware

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


Digital Hearts Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Digital Hearts Holdings Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
41st Floor, Tokyo Opera City Building, 3-20-2 Nishi-shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1441
Digital Hearts Holdings Co Ltd is a Japan-based company engaged in Entertainment Business and Enterprise Business. Its Entertainment business is involved in Debugging Business, Media Business and Creative Business. Its Enterprise Business is involved in Testing and Monitoring, Security and System Development.

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