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Katakura-op Agri (TSE:4031) Cyclically Adjusted Book per Share : 円2,543.18 (As of Dec. 2023)


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What is Katakura-op Agri 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.

Katakura-op Agri's adjusted book value per share for the three months ended in Dec. 2023 was 円2,562.532. 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2,543.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Katakura-op Agri's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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 Katakura-op Agri was 0.40% per year. The lowest was -1.40% per year. And the median was -0.80% per year.

As of today (2024-06-22), Katakura-op Agri's current stock price is 円1143.00. Katakura-op Agri's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,543.18. Katakura-op Agri's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Katakura-op Agri was 0.82. The lowest was 0.38. And the median was 0.48.


Katakura-op Agri Cyclically Adjusted Book per Share Historical Data

The historical data trend for Katakura-op Agri'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.

Katakura-op Agri Cyclically Adjusted Book per Share Chart

Katakura-op Agri Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,507.46 2,478.72 2,436.90 2,447.77 2,511.10

Katakura-op Agri Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,508.12 2,511.10 2,522.65 2,538.91 2,543.18

Competitive Comparison of Katakura-op Agri's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Katakura-op Agri'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.


Katakura-op Agri's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Katakura-op Agri's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Katakura-op Agri's Cyclically Adjusted PB Ratio falls into.



Katakura-op Agri 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, Katakura-op Agri's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2562.532/106.8000*106.8000
=2,562.532

Current CPI (Dec. 2023) = 106.8000.

Katakura-op Agri Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,682.378 95.700 2,993.500
201406 2,624.966 98.000 2,860.677
201409 2,619.083 98.500 2,839.777
201412 2,628.731 97.900 2,867.707
201503 2,461.986 97.900 2,685.803
201506 2,456.611 98.400 2,666.322
201509 2,447.204 98.500 2,653.415
201512 2,084.618 98.100 2,269.492
201603 2,096.423 97.900 2,287.007
201606 2,066.353 98.100 2,249.608
201609 2,062.396 98.000 2,247.591
201612 2,076.442 98.400 2,253.699
201703 2,129.621 98.100 2,318.486
201706 2,112.704 98.500 2,290.729
201709 2,124.576 98.800 2,296.606
201712 2,144.263 99.400 2,303.896
201803 2,199.489 99.200 2,367.998
201806 2,170.635 99.200 2,336.934
201809 2,197.459 99.900 2,349.235
201812 2,219.171 99.700 2,377.206
201903 2,275.263 99.700 2,437.293
201906 2,241.655 99.800 2,398.885
201909 2,271.350 100.100 2,423.378
201912 2,293.942 100.500 2,437.741
202003 2,333.675 100.300 2,484.910
202006 2,384.954 99.900 2,549.681
202009 2,394.814 99.900 2,560.222
202012 2,410.070 99.300 2,592.099
202103 2,487.142 99.900 2,658.927
202106 2,458.084 99.500 2,638.426
202109 2,501.000 100.100 2,668.400
202112 2,500.825 100.100 2,668.213
202203 2,565.546 101.100 2,710.191
202206 2,547.563 101.800 2,672.689
202209 2,653.898 103.100 2,749.140
202212 2,752.749 104.100 2,824.146
202303 2,765.709 104.400 2,829.289
202306 2,656.279 105.200 2,696.679
202309 2,633.958 106.200 2,648.839
202312 2,562.532 106.800 2,562.532

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


Katakura-op Agri  (TSE:4031) 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.

Katakura-op Agri's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1143.00/2543.18
=0.45

* 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 Katakura-op Agri was 0.82. The lowest was 0.38. And the median was 0.48.


Be Aware

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


Katakura-op Agri Cyclically Adjusted Book per Share Related Terms

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


Katakura-op Agri (TSE:4031) Business Description

Traded in Other Exchanges
N/A
Address
No. 8-10 , Chuo Kita-ku, Chiyoda-ku, Sumitomo Realty Kudan Building 15th Floor, Kudan building 15 floors, Tokyo, JPN, 102-0073
Katakura & Co-op Agri Corp is engaged agriculture inputs. The company has a variety of agricultural materials including chemical fertilizers and compound fertilizers, soil-friendly organic fertilizer, liquid fertilizer, soil cultivation to cultivate seedlings, and microbial materials to prepare soil environment. It also manufactures calcium phosphate and treats raw materials for maintaining health such as poultry raising, pig raising, dairy cattle, and others. The company also sells raw materials for cosmetics such as makeup ingredients, materials for skin care, hair care ingredients, and other related items.

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