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ZIGExN Co (TSE:3679) Cyclically Adjusted Book per Share : 円103.37 (As of Dec. 2023)


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What is ZIGExN 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.

ZIGExN Co's adjusted book value per share for the three months ended in Dec. 2023 was 円176.977. 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103.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ZIGExN Co's average Cyclically Adjusted Book Growth Rate was 15.20% 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), ZIGExN Co's current stock price is 円657.00. ZIGExN Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円103.37. ZIGExN Co's Cyclically Adjusted PB Ratio of today is 6.36.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of ZIGExN Co was 8.18. The lowest was 4.06. And the median was 5.31.


ZIGExN Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for ZIGExN 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.

ZIGExN Co Cyclically Adjusted Book per Share Chart

ZIGExN 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 - - - - 93.85

ZIGExN 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 89.70 93.85 96.21 98.89 103.37

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

For the Internet Content & Information subindustry, ZIGExN 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.


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

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

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



ZIGExN 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, ZIGExN 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)
=176.977/106.8000*106.8000
=176.977

Current CPI (Dec. 2023) = 106.8000.

ZIGExN Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.865 95.700 22.169
201406 21.398 98.000 23.319
201409 22.790 98.500 24.710
201412 24.468 97.900 26.692
201503 26.216 97.900 28.599
201506 28.339 98.400 30.758
201509 30.214 98.500 32.760
201512 32.597 98.100 35.488
201603 36.508 97.900 39.827
201606 37.829 98.100 41.184
201609 52.655 98.000 57.383
201612 55.548 98.400 60.290
201703 61.697 98.100 67.169
201706 87.767 98.500 95.163
201709 59.622 98.800 64.450
201712 96.014 99.400 103.162
201803 102.530 99.200 110.385
201806 108.408 99.200 116.713
201809 113.749 99.900 121.606
201812 119.983 99.700 128.527
201903 124.271 99.700 133.121
201906 128.947 99.800 137.991
201909 134.824 100.100 143.848
201912 140.133 100.500 148.917
202003 146.333 100.300 155.816
202006 143.817 99.900 153.750
202009 110.839 99.900 118.495
202012 114.370 99.300 123.008
202103 120.122 99.900 128.419
202106 123.110 99.500 132.142
202109 128.178 100.100 136.757
202112 132.368 100.100 141.228
202203 138.074 101.100 145.859
202206 137.923 101.800 144.697
202209 140.486 103.100 145.528
202212 146.045 104.100 149.833
202303 154.545 104.400 158.098
202306 158.737 105.200 161.151
202309 167.785 106.200 168.733
202312 176.977 106.800 176.977

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


ZIGExN Co  (TSE:3679) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=657.00/103.37
=6.36

* 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 11 years, the highest Cyclically Adjusted PB Ratio of ZIGExN Co was 8.18. The lowest was 4.06. And the median was 5.31.


Be Aware

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


ZIGExN Co Cyclically Adjusted Book per Share Related Terms

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


ZIGExN Co (TSE:3679) Business Description

Traded in Other Exchanges
Address
3-4-8 Toranomon, 5th FloorMinato-k, Tokyo, JPN, 105-0001
ZIGExN Co.,Ltd. develops and operates the internet media platforms called EX Sites that provide information from multiple media and submit user's requests to multiple media in one access. The company's Life Media Platform business developed services to a wide range of areas related to daily life. The company operates career change EX, an employment site, Rent SMOCCA EX, a search site for real estate information, Pharmacist jobs EX, a pharmacist job search site, among others.

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