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4Cs HD Co (TSE:3726) Cyclically Adjusted Book per Share : 円149.40 (As of Mar. 2024)


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What is 4Cs HD 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.

4Cs HD Co's adjusted book value per share for the three months ended in Mar. 2024 was 円54.993. 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149.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, 4Cs HD Co's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.70% 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 4Cs HD Co was -5.50% per year. The lowest was -8.60% per year. And the median was -7.60% per year.

As of today (2024-05-31), 4Cs HD Co's current stock price is 円486.00. 4Cs HD Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円149.40. 4Cs HD Co's Cyclically Adjusted PB Ratio of today is 3.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of 4Cs HD Co was 3.43. The lowest was 1.53. And the median was 2.84.


4Cs HD Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for 4Cs HD 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.

4Cs HD Co Cyclically Adjusted Book per Share Chart

4Cs HD Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.58 180.44 162.08 152.21 152.34

4Cs HD 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 152.54 152.32 152.34 151.60 149.40

Competitive Comparison of 4Cs HD Co's Cyclically Adjusted Book per Share

For the Internet Retail subindustry, 4Cs HD 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.


4Cs HD Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 4Cs HD Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 4Cs HD Co's Cyclically Adjusted PB Ratio falls into.



4Cs HD 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, 4Cs HD 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)
=54.993/107.2000*107.2000
=54.993

Current CPI (Mar. 2024) = 107.2000.

4Cs HD Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 147.419 98.000 161.258
201409 157.615 98.500 171.536
201412 155.263 97.900 170.012
201503 153.709 97.900 168.311
201506 151.353 98.400 164.889
201509 169.304 98.500 184.258
201512 180.629 98.100 197.385
201603 174.999 97.900 191.623
201606 175.297 98.100 191.558
201609 186.682 98.000 204.207
201612 191.884 98.400 209.044
201703 195.595 98.100 213.739
201706 215.400 98.500 234.425
201709 215.224 98.800 233.522
201712 214.221 99.400 231.031
201803 212.607 99.200 229.753
201806 215.081 99.200 232.426
201809 208.952 99.900 224.221
201812 194.075 99.700 208.674
201903 175.688 99.700 188.904
201906 170.701 99.800 183.358
201909 152.959 100.100 163.808
201912 138.172 100.500 147.383
202003 125.723 100.300 134.372
202006 120.503 99.900 129.309
202009 96.466 99.900 103.515
202012 101.463 99.300 109.535
202103 95.407 99.900 102.379
202106 96.869 99.500 104.365
202109 82.844 100.100 88.720
202112 76.028 100.100 81.421
202203 71.813 101.100 76.146
202206 67.710 101.800 71.302
202209 62.806 103.100 65.304
202212 55.467 104.100 57.119
202303 85.187 104.400 87.472
202306 78.535 105.200 80.028
202309 64.226 106.200 64.831
202312 59.472 106.800 59.695
202403 54.993 107.200 54.993

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


4Cs HD Co  (TSE:3726) 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.

4Cs HD Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=486.00/149.4
=3.25

* 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 4Cs HD Co was 3.43. The lowest was 1.53. And the median was 2.84.


Be Aware

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


4Cs HD Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of 4Cs HD Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


4Cs HD Co (TSE:3726) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-1-1 Yakuin, Chuo-ku, Yakuin Business Garden 8th floor, Fukuoka, JPN, 810-0002
4Cs HD Co Ltd is a Japan-based company mainly engaged in the online sale of basic cosmetic products, base and makeup products and healthy food products. Products offered by the company include water cleasing gel. foaming net, natural soap, Hadarifuto essence oil, beauty lotion, aging care cream, whitening cream, face mask, foundation, face powder, mascara, body cream, lip cream, hand cream, and supplements. It sells skin care products under the name NANO ACQUA & base makeup products under the name ACQUA FAIRY, and health food products under brand BE ACQUA.

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