GURUFOCUS.COM » STOCK LIST » Technology » Software » GreenBee Inc (TSE:3913) » Definitions » Cyclically Adjusted Book per Share

GreenBee (TSE:3913) Cyclically Adjusted Book per Share : 円690.72 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is GreenBee 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.

GreenBee's adjusted book value per share for the three months ended in Mar. 2024 was 円487.388. 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690.72 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), GreenBee's current stock price is 円653.00. GreenBee's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円690.72. GreenBee's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of GreenBee was 1.00. The lowest was 0.89. And the median was 0.93.


GreenBee Cyclically Adjusted Book per Share Historical Data

The historical data trend for GreenBee'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.

GreenBee Cyclically Adjusted Book per Share Chart

GreenBee Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

GreenBee 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 - - - - 690.72

Competitive Comparison of GreenBee's Cyclically Adjusted Book per Share

For the Software - Application subindustry, GreenBee'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.


GreenBee's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



GreenBee 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, GreenBee'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)
=487.388/107.2000*107.2000
=487.388

Current CPI (Mar. 2024) = 107.2000.

GreenBee Quarterly Data

Book Value per Share CPI Adj_Book
201312 495.238 95.600 555.330
201409 0.000 98.500 0.000
201412 496.633 97.900 543.811
201503 748.979 97.900 820.128
201506 839.339 98.400 914.402
201509 812.275 98.500 884.019
201512 810.694 98.100 885.896
201603 789.139 97.900 864.103
201606 786.500 98.100 859.458
201609 834.062 98.000 912.362
201612 823.664 98.400 897.325
201703 824.201 98.100 900.656
201706 821.822 98.500 894.409
201709 757.217 98.800 821.596
201712 679.643 99.400 732.975
201803 681.799 99.200 736.783
201806 683.507 99.200 738.629
201809 654.925 99.900 702.782
201812 616.689 99.700 663.080
201903 594.722 99.700 639.460
201906 580.549 99.800 623.596
201909 580.053 100.100 621.196
201912 571.519 100.500 609.620
202003 581.483 100.300 621.485
202006 585.529 99.900 628.315
202009 594.735 99.900 638.194
202012 575.928 99.300 621.747
202103 579.115 99.900 621.433
202106 578.413 99.500 623.175
202109 581.358 100.100 622.593
202112 585.686 100.100 627.228
202203 630.007 101.100 668.019
202206 641.361 101.800 675.382
202209 630.389 103.100 655.458
202212 542.295 104.100 558.444
202303 541.643 104.400 556.170
202306 544.684 105.200 555.039
202309 478.715 106.200 483.223
202312 471.569 106.800 473.335
202403 487.388 107.200 487.388

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


GreenBee  (TSE:3913) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=653.00/690.72
=0.95

* 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 11 years, the highest Cyclically Adjusted PB Ratio of GreenBee was 1.00. The lowest was 0.89. And the median was 0.93.


Be Aware

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


GreenBee Cyclically Adjusted Book per Share Related Terms

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


GreenBee (TSE:3913) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » GreenBee Inc (TSE:3913) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
8th Floor, Central Square, 2-3-1 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
sMedio Inc is a multi-media software development company. It provides software for PCs and portable devices. Its products include true DVD touch, true DVD streamer, true blu-ray touch and airget.

GreenBee (TSE:3913) Headlines

No Headlines