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CRI Middleware Co (TSE:3698) Cyclically Adjusted Book per Share : 円560.01 (As of Mar. 2024)


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What is CRI Middleware 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.

CRI Middleware Co's adjusted book value per share for the three months ended in Mar. 2024 was 円687.387. 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560.01 for the trailing ten years ended in Mar. 2024.

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 (2024-05-20), CRI Middleware Co's current stock price is 円794.00. CRI Middleware Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円560.01. CRI Middleware Co's Cyclically Adjusted PB Ratio of today is 1.42.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of CRI Middleware Co was 1.67. The lowest was 1.39. And the median was 1.51.


CRI Middleware Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CRI Middleware 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.

CRI Middleware Co Cyclically Adjusted Book per Share Chart

CRI Middleware Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
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CRI Middleware 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 - - - 546.47 560.01

Competitive Comparison of CRI Middleware Co's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, CRI Middleware 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.


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

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

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



CRI Middleware 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, CRI Middleware 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)
=687.387/107.2000*107.2000
=687.387

Current CPI (Mar. 2024) = 107.2000.

CRI Middleware Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.000 0.000
201409 251.256 98.500 273.448
201412 311.886 97.900 341.514
201503 321.612 97.900 352.163
201506 323.927 98.400 352.896
201509 340.442 98.500 370.511
201512 278.650 98.100 304.498
201603 292.956 97.900 320.785
201606 358.848 98.100 392.136
201609 389.946 98.000 426.553
201612 389.182 98.400 423.987
201703 397.291 98.100 434.145
201706 404.278 98.500 439.986
201709 407.642 98.800 442.300
201712 410.736 99.400 442.967
201803 425.181 99.200 459.470
201806 466.238 99.200 503.838
201809 487.219 99.900 522.822
201812 505.431 99.700 543.452
201903 526.056 99.700 565.629
201906 527.048 99.800 566.128
201909 547.184 100.100 585.995
201912 617.956 100.500 659.153
202003 628.257 100.300 671.477
202006 649.473 99.900 696.932
202009 680.533 99.900 730.262
202012 687.097 99.300 741.760
202103 704.578 99.900 756.064
202106 713.672 99.500 768.901
202109 722.609 100.100 773.863
202112 704.800 100.100 754.791
202203 710.199 101.100 753.050
202206 711.979 101.800 749.746
202209 643.151 103.100 668.727
202212 647.325 104.100 666.602
202303 655.517 104.400 673.098
202306 666.197 105.200 678.862
202309 673.877 106.200 680.222
202312 661.744 106.800 664.222
202403 687.387 107.200 687.387

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


CRI Middleware Co  (TSE:3698) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=794.00/560.01
=1.42

* 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 CRI Middleware Co was 1.67. The lowest was 1.39. And the median was 1.51.


Be Aware

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


CRI Middleware Co Cyclically Adjusted Book per Share Related Terms

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


CRI Middleware Co (TSE:3698) Business Description

Traded in Other Exchanges
N/A
Address
9th floor, Sumitomo Realty & Development Aoyama communication building, 1-chome 7th No. 7, Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.

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