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TerraSky Co (TSE:3915) Cyclically Adjusted Book per Share : 円489.45 (As of Aug. 2024)


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What is TerraSky 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.

TerraSky Co's adjusted book value per share for the three months ended in Aug. 2024 was 円823.313. 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489.45 for the trailing ten years ended in Aug. 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 (2025-05-13), TerraSky Co's current stock price is 円2539.00. TerraSky Co's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was 円489.45. TerraSky Co's Cyclically Adjusted PB Ratio of today is 5.19.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of TerraSky Co was 5.40. The lowest was 3.66. And the median was 4.56.


TerraSky Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for TerraSky 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.

TerraSky Co Cyclically Adjusted Book per Share Chart

TerraSky Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
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TerraSky Co 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 - - - - 489.45

Competitive Comparison of TerraSky Co's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, TerraSky 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.


TerraSky Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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TerraSky 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, TerraSky Co'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)
=823.313/109.1000*109.1000
=823.313

Current CPI (Aug. 2024) = 109.1000.

TerraSky Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 36.475 95.500 41.669
201502 43.546 97.600 48.677
201505 69.681 98.700 77.023
201508 72.544 98.400 80.432
201511 77.526 98.100 86.219
201602 86.505 97.800 96.500
201605 87.725 98.200 97.462
201608 88.719 97.900 98.869
201611 91.228 98.600 100.943
201702 103.892 98.100 115.541
201705 106.340 98.600 117.664
201708 119.354 98.500 132.198
201711 125.940 99.100 138.648
201802 130.645 99.500 143.250
201805 132.622 99.300 145.711
201808 191.325 99.800 209.154
201811 219.647 100.000 239.635
201902 242.917 99.700 265.820
201905 576.591 100.000 629.061
201908 498.588 100.000 543.960
201911 588.366 100.500 638.714
202002 715.971 100.300 778.788
202005 953.235 100.100 1,038.940
202008 872.864 100.100 951.343
202011 734.823 99.500 805.720
202102 758.890 99.800 829.608
202105 725.286 99.400 796.063
202108 739.521 99.700 809.245
202111 739.812 100.100 806.329
202202 687.721 100.700 745.088
202205 683.735 101.800 732.765
202208 716.982 102.700 761.662
202211 738.326 103.900 775.278
202302 746.346 104.000 782.946
202305 719.370 105.100 746.748
202308 797.356 105.900 821.450
202311 815.567 106.900 832.351
202402 863.552 106.900 881.324
202405 804.290 108.100 811.730
202408 823.313 109.100 823.313

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


TerraSky Co  (TSE:3915) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2539.00/489.45
=5.19

* 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 TerraSky Co was 5.40. The lowest was 3.66. And the median was 4.56.


Be Aware

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


TerraSky Co Cyclically Adjusted Book per Share Related Terms

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


TerraSky Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TerraSky Co Ltd (TSE:3915) » Definitions » Cyclically Adjusted Book per Share
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Address
No. 15-27 Nihonbashi 2-Chome, Taiyo Life Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0027
TerraSky Co Ltd provides cloud solutions and products in Japan. Its products and services include cloud integration services comprising Salesforce, Amazon Web services, and Cloud ERP concierge services; system planning services; development tools; data linkage foundations, such as DataSpider Cloud, SkyOnDemand, and DCSpider; and salesforce screen/application development, including SkyVisualEditor and SuPICE. The company's products and services also comprise Cloud ERP, such as GLOVIA OM and ServiceMax; and social ware and insurance agency solutions.

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