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Awa Paper & Technological Co (TSE:3896) Cyclically Adjusted Book per Share : 円540.63 (As of Mar. 2024)


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What is Awa Paper & Technological 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.

Awa Paper & Technological Co's adjusted book value per share for the three months ended in Mar. 2024 was 円514.383. 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540.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Awa Paper & Technological Co's average Cyclically Adjusted Book Growth Rate was 2.60% 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.

As of today (2024-09-22), Awa Paper & Technological Co's current stock price is 円455.00. Awa Paper & Technological Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円540.63. Awa Paper & Technological Co's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Awa Paper & Technological Co was 1.46. The lowest was 0.57. And the median was 0.87.


Awa Paper & Technological Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Awa Paper & Technological 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.

Awa Paper & Technological Co Cyclically Adjusted Book per Share Chart

Awa Paper & Technological Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 510.85 526.91 540.63

Awa Paper & Technological 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 526.91 531.02 536.07 539.03 540.63

Competitive Comparison of Awa Paper & Technological Co's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Awa Paper & Technological 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.


Awa Paper & Technological Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Awa Paper & Technological Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Awa Paper & Technological Co's Cyclically Adjusted PB Ratio falls into.



Awa Paper & Technological 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, Awa Paper & Technological 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)
=514.383/107.2000*107.2000
=514.383

Current CPI (Mar. 2024) = 107.2000.

Awa Paper & Technological Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 480.479 98.000 525.585
201409 483.547 98.500 526.256
201412 500.198 97.900 547.714
201503 539.600 97.900 590.859
201506 551.345 98.400 600.652
201509 555.545 98.500 604.613
201512 547.451 98.100 598.234
201603 554.134 97.900 606.774
201606 552.009 98.100 603.215
201609 550.134 98.000 601.779
201612 550.804 98.400 600.063
201703 599.366 98.100 654.965
201706 604.377 98.500 657.759
201709 612.021 98.800 664.055
201712 618.753 99.400 667.307
201803 483.961 99.200 522.990
201806 484.308 99.200 523.365
201809 488.710 99.900 524.422
201812 496.632 99.700 533.991
201903 478.605 99.700 514.608
201906 476.740 99.800 512.089
201909 475.229 100.100 508.937
201912 473.832 100.500 505.421
202003 479.648 100.300 512.645
202006 467.557 99.900 501.723
202009 461.913 99.900 495.666
202012 446.899 99.300 482.453
202103 428.071 99.900 459.351
202106 431.652 99.500 465.056
202109 430.084 100.100 460.589
202112 429.471 100.100 459.933
202203 454.612 101.100 482.042
202206 474.657 101.800 499.835
202209 488.057 103.100 507.466
202212 505.407 104.100 520.458
202303 495.933 104.400 509.234
202306 511.113 105.200 520.830
202309 512.866 106.200 517.695
202312 518.364 106.800 520.305
202403 514.383 107.200 514.383

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


Awa Paper & Technological Co  (TSE:3896) 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.

Awa Paper & Technological Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=455.00/540.63
=0.84

* 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 Awa Paper & Technological Co was 1.46. The lowest was 0.57. And the median was 0.87.


Be Aware

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


Awa Paper & Technological Co Cyclically Adjusted Book per Share Related Terms

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


Awa Paper & Technological Co Business Description

Traded in Other Exchanges
N/A
Address
3-10-18, Minamiyasocho, Tokushima-shi, Tokushima, JPN, 770-0005
Awa Paper & Technological Co Inc is engaged in manufacturing and selling papers worldwide. The company provides air filter media, polyolefin sheets, base papers, cabin filter media, heat radiation sheets and fins, carbon fiber reinforced plastics, ceramic sheets, and cushion papers, as well as graphitic, carbon fiber, activated carbon fiber, and activated carbon.

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