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Zappallas (TSE:3770) Cyclically Adjusted Book per Share : 円589.45 (As of Jan. 2024)


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What is Zappallas 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.

Zappallas's adjusted book value per share for the three months ended in Jan. 2024 was 円469.111. 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589.45 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Zappallas's average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.30% 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 Zappallas was -0.30% per year. The lowest was -0.60% per year. And the median was -0.50% per year.

As of today (2024-06-22), Zappallas's current stock price is 円438.00. Zappallas's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円589.45. Zappallas's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zappallas was 1.01. The lowest was 0.40. And the median was 0.66.


Zappallas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zappallas'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.

Zappallas Cyclically Adjusted Book per Share Chart

Zappallas Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 610.78 606.84 596.85 600.22 598.26

Zappallas Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 602.52 598.26 595.45 597.13 589.45

Competitive Comparison of Zappallas's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Zappallas'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.


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

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

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



Zappallas 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, Zappallas's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=469.111/106.9000*106.9000
=469.111

Current CPI (Jan. 2024) = 106.9000.

Zappallas Quarterly Data

Book Value per Share CPI Adj_Book
201404 652.728 97.700 714.193
201407 632.572 98.100 689.316
201410 648.418 98.200 705.864
201501 633.827 97.800 692.803
201504 663.782 98.400 721.121
201507 658.686 98.300 716.313
201510 672.160 98.500 729.481
201601 605.876 97.700 662.929
201604 605.220 98.100 659.511
201607 603.616 97.900 659.107
201610 604.975 98.600 655.901
201701 615.636 98.200 670.178
201704 615.862 98.500 668.382
201707 599.293 98.300 651.724
201710 586.352 98.800 634.423
201801 566.334 99.500 608.453
201804 543.308 99.100 586.071
201807 526.650 99.200 567.529
201810 524.815 100.200 559.907
201901 520.613 99.700 558.210
201904 514.235 100.000 549.717
201907 508.242 99.800 544.399
201910 507.632 100.400 540.497
202001 494.617 100.500 526.115
202004 497.962 100.200 531.259
202007 498.906 100.000 533.331
202010 500.926 99.800 536.563
202101 505.471 99.800 541.431
202104 519.989 99.100 560.916
202107 520.181 99.700 557.747
202110 526.261 99.900 563.136
202201 525.013 100.300 559.560
202204 508.456 101.500 535.507
202207 495.349 102.300 517.623
202210 487.306 103.700 502.343
202301 478.794 104.700 488.855
202304 473.325 105.100 481.431
202307 456.849 105.700 462.036
202310 466.052 107.100 465.182
202401 469.111 106.900 469.111

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


Zappallas  (TSE:3770) 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.

Zappallas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=438.00/589.45
=0.74

* 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 Zappallas was 1.01. The lowest was 0.40. And the median was 0.66.


Be Aware

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


Zappallas Cyclically Adjusted Book per Share Related Terms

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


Zappallas (TSE:3770) Business Description

Traded in Other Exchanges
N/A
Address
9-7-1, Akasaka, Midtown Tower, 23rd Floor, Minato-ku, Tokyo, JPN
Zappallas Inc conducts business by supplying many kinds of services to general consumers and corporations, ranging from digital content to online shopping, mobile advertising, and solutions, in fortune-telling and related fields. The company has diversified its operations into three business divisions, Video streaming, Real-world events, and Divination services.

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