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CAVE Interactive Co (TSE:3760) Cyclically Adjusted Book per Share : 円364.40 (As of Nov. 2024)


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What is CAVE Interactive 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.

CAVE Interactive Co's adjusted book value per share for the three months ended in Nov. 2024 was 円1,068.331. 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364.40 for the trailing ten years ended in Nov. 2024.

During the past 12 months, CAVE Interactive Co's average Cyclically Adjusted Book Growth Rate was 22.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.10% 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 CAVE Interactive Co was 1.00% per year. The lowest was -11.20% per year. And the median was -9.75% per year.

As of today (2025-01-18), CAVE Interactive Co's current stock price is 円869.00. CAVE Interactive Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was 円364.40. CAVE Interactive Co's Cyclically Adjusted PB Ratio of today is 2.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CAVE Interactive Co was 9.60. The lowest was 1.50. And the median was 3.25.


CAVE Interactive Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CAVE Interactive 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.

CAVE Interactive Co Cyclically Adjusted Book per Share Chart

CAVE Interactive Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 378.91 333.75 289.49 289.69 343.54

CAVE Interactive Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 298.54 311.77 325.40 343.54 364.40

Competitive Comparison of CAVE Interactive Co's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, CAVE Interactive 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=1068.331/110.0000*110.0000
=1,068.331

Current CPI (Nov. 2024) = 110.0000.

CAVE Interactive Co Quarterly Data

Book Value per Share CPI Adj_Book
201411 392.861 97.900 441.417
201502 351.555 97.600 396.220
201505 207.228 98.700 230.953
201508 182.612 98.400 204.139
201511 201.235 98.100 225.646
201602 246.011 97.800 276.699
201605 255.359 98.200 286.044
201608 124.129 97.900 139.471
201611 186.068 98.600 207.581
201702 294.190 98.100 329.877
201705 226.675 98.600 252.883
201708 236.461 98.500 264.068
201711 213.500 99.100 236.983
201802 277.889 99.500 307.214
201805 346.274 99.300 383.587
201808 265.400 99.800 292.525
201811 54.400 100.000 59.840
201902 125.307 99.700 138.252
201905 248.348 100.000 273.183
201908 234.187 100.000 257.606
201911 225.391 100.500 246.697
202002 225.484 100.300 247.291
202005 224.247 100.100 246.425
202008 231.126 100.100 253.985
202011 222.591 99.500 246.081
202102 217.488 99.800 239.716
202105 197.296 99.400 218.336
202108 158.367 99.700 174.728
202111 214.190 100.100 235.374
202202 204.434 100.700 223.314
202205 169.630 101.800 183.294
202208 160.182 102.700 171.568
202211 491.599 103.900 520.461
202302 580.888 104.000 614.401
202305 747.546 105.100 782.398
202308 775.076 105.900 805.084
202311 861.181 106.900 886.154
202402 952.022 106.900 979.630
202405 1,010.774 108.100 1,028.540
202411 1,068.331 110.000 1,068.331

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


CAVE Interactive Co  (TSE:3760) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=869.00/364.4
=2.38

* 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 CAVE Interactive Co was 9.60. The lowest was 1.50. And the median was 3.25.


Be Aware

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


CAVE Interactive Co Cyclically Adjusted Book per Share Related Terms

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


CAVE Interactive Co Business Description

Traded in Other Exchanges
N/A
Address
Nakameguro GT Tower, 2-1-1 Kamimeguro, Meguro-ku, 9th Floor, Tokyo, JPN, 153-0051
CAVE Interactive Co Ltd is a game creator. It is engaged in business such as mobile entertainment, content media and entertainment marketing, business planning, production management. It provides mobile media entertainment content. It develops music, social media applications, and online games, arcade video games such as deathsmiles, espagaluda, dodonpachi resurrection and shin megami.

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