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System Integrator (TSE:3826) Cyclically Adjusted Book per Share : 円198.25 (As of Aug. 2024)


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What is System Integrator 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.

System Integrator's adjusted book value per share for the three months ended in Aug. 2024 was 円330.045. 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198.25 for the trailing ten years ended in Aug. 2024.

During the past 12 months, System Integrator's average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 System Integrator was 8.80% per year. The lowest was 6.70% per year. And the median was 7.60% per year.

As of today (2025-05-29), System Integrator's current stock price is 円378.00. System Integrator's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was 円198.25. System Integrator's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of System Integrator was 7.94. The lowest was 1.52. And the median was 3.67.


System Integrator Cyclically Adjusted Book per Share Historical Data

The historical data trend for System Integrator'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.

System Integrator Cyclically Adjusted Book per Share Chart

System Integrator Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.38 142.69 154.83 167.59 183.55

System Integrator Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 175.57 179.71 183.55 189.93 198.25

Competitive Comparison of System Integrator's Cyclically Adjusted Book per Share

For the Software - Application subindustry, System Integrator'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.


System Integrator's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, System Integrator's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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System Integrator 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, System Integrator's adjusted Book Value per Share data for the three months ended in Aug. 2024 was:

Adj_Book= Book Value per Share /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=330.045/109.1000*109.1000
=330.045

Current CPI (Aug. 2024) = 109.1000.

System Integrator Quarterly Data

Book Value per Share CPI Adj_Book
201411 70.749 97.900 78.843
201502 76.773 97.600 85.819
201505 92.648 98.700 102.410
201508 102.160 98.400 113.269
201511 110.466 98.100 122.853
201602 110.956 97.800 123.776
201605 106.478 98.200 118.297
201608 103.403 97.900 115.233
201611 105.786 98.600 117.051
201702 112.964 98.100 125.631
201705 113.766 98.600 125.881
201708 118.475 98.500 131.225
201711 125.253 99.100 137.892
201802 141.726 99.500 155.400
201805 128.555 99.300 141.242
201808 166.473 99.800 181.986
201811 173.073 100.000 188.823
201902 183.394 99.700 200.685
201905 166.819 100.000 182.000
201908 181.444 100.000 197.955
201911 191.576 100.500 207.970
202002 205.707 100.300 223.755
202005 197.074 100.100 214.793
202008 204.587 100.100 222.981
202011 209.778 99.500 230.018
202102 220.879 99.800 241.462
202105 224.567 99.400 246.481
202108 232.172 99.700 254.062
202111 242.003 100.100 263.762
202202 246.373 100.700 266.924
202205 0.000 101.800 0.000
202208 241.795 102.700 256.863
202211 246.598 103.900 258.940
202302 262.801 104.000 275.688
202305 258.273 105.100 268.103
202308 268.107 105.900 276.208
202311 273.663 106.900 279.295
202402 335.696 106.900 342.605
202405 322.360 108.100 325.342
202408 330.045 109.100 330.045

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


System Integrator  (TSE:3826) 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.

System Integrator's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=378.00/198.25
=1.91

* 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 System Integrator was 7.94. The lowest was 1.52. And the median was 3.67.


Be Aware

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


System Integrator Cyclically Adjusted Book per Share Related Terms

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


System Integrator Business Description

Industry
Traded in Other Exchanges
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Address
11-2 Shintoshin, Chuo-ku, 32nd Floor, Land Axis Tower, Meiji Yasuda Life Saitama Shintoshin Building, Saitama City, JPN, 330-6032
System Integrator Corp is engaged in the development of package software and cloud service in Japan. It focuses on develop packages, customize development, cloud services, consulting and other products. It sells a wide variety of in-house products such as ERP, EC, Omni Channel, project management, database development, and design support tool, application design tool, and e-learning.

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