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Rasa Industries (TSE:4022) Cyclically Adjusted Book per Share : 円2,100.08 (As of Sep. 2024)


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What is Rasa Industries 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.

Rasa Industries's adjusted book value per share for the three months ended in Sep. 2024 was 円3,308.678. 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2,100.08 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Rasa Industries's average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 Rasa Industries was 13.90% per year. The lowest was 6.40% per year. And the median was 11.95% per year.

As of today (2025-05-29), Rasa Industries's current stock price is 円3305.00. Rasa Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円2,100.08. Rasa Industries's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rasa Industries was 3.01. The lowest was 0.86. And the median was 1.27.


Rasa Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rasa Industries'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.

Rasa Industries Cyclically Adjusted Book per Share Chart

Rasa Industries 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 1,222.81 1,360.81 1,535.15 1,769.28 2,012.23

Rasa Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1,829.11 1,894.47 1,952.78 2,012.23 2,100.08

Competitive Comparison of Rasa Industries's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Rasa Industries'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.


Rasa Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rasa Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Rasa Industries 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, Rasa Industries's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3308.678/108.9000*108.9000
=3,308.678

Current CPI (Sep. 2024) = 108.9000.

Rasa Industries Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,001.765 98.500 1,107.535
201412 1,059.521 97.900 1,178.568
201503 1,105.436 97.900 1,229.642
201506 1,123.471 98.400 1,243.354
201509 1,177.198 98.500 1,301.491
201512 1,180.729 98.100 1,310.718
201603 1,098.373 97.900 1,221.786
201606 1,240.257 98.100 1,376.799
201609 1,249.716 98.000 1,388.715
201612 1,302.686 98.400 1,441.692
201703 1,355.783 98.100 1,505.044
201706 1,384.664 98.500 1,530.862
201709 1,455.795 98.800 1,604.616
201712 1,536.133 99.400 1,682.947
201803 1,635.171 99.200 1,795.062
201806 1,649.678 99.200 1,810.987
201809 1,719.061 99.900 1,873.931
201812 1,782.515 99.700 1,947.000
201903 1,854.782 99.700 2,025.935
201906 1,842.544 99.800 2,010.552
201909 1,876.987 100.100 2,041.997
201912 1,913.576 100.500 2,073.517
202003 1,980.318 100.300 2,150.116
202006 1,993.944 99.900 2,173.579
202009 2,057.028 99.900 2,242.346
202012 2,120.868 99.300 2,325.907
202103 2,227.353 99.900 2,428.015
202106 2,268.483 99.500 2,482.792
202109 2,352.258 100.100 2,559.050
202112 2,427.454 100.100 2,640.857
202203 2,546.761 101.100 2,743.247
202206 2,631.293 101.800 2,814.811
202209 2,784.467 103.100 2,941.110
202212 2,885.783 104.100 3,018.845
202303 2,922.037 104.400 3,047.987
202306 2,915.340 105.200 3,017.876
202309 3,018.196 106.200 3,094.930
202312 3,030.095 106.800 3,089.676
202403 3,170.413 107.200 3,220.690
202409 3,308.678 108.900 3,308.678

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


Rasa Industries  (TSE:4022) 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.

Rasa Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3305.00/2100.08
=1.57

* 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 Rasa Industries was 3.01. The lowest was 0.86. And the median was 1.27.


Be Aware

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


Rasa Industries Cyclically Adjusted Book per Share Related Terms

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


Rasa Industries Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Kyobashi 1 - chome, Chuo - ku, Tokyo, JPN, 104-0031
Rasa Industries Ltd is engaged in chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.

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