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Kanto Denka Kogyo Co (TSE:4047) Cyclically Adjusted Book per Share : 円813.65 (As of Sep. 2024)


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What is Kanto Denka Kogyo 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.

Kanto Denka Kogyo Co's adjusted book value per share for the three months ended in Sep. 2024 was 円1,147.760. 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813.65 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kanto Denka Kogyo Co's average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.70% 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 Kanto Denka Kogyo Co was 16.80% per year. The lowest was 11.70% per year. And the median was 13.65% per year.

As of today (2025-05-28), Kanto Denka Kogyo Co's current stock price is 円840.00. Kanto Denka Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円813.65. Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kanto Denka Kogyo Co was 4.16. The lowest was 0.97. And the median was 1.81.


Kanto Denka Kogyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kanto Denka Kogyo 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.

Kanto Denka Kogyo Co Cyclically Adjusted Book per Share Chart

Kanto Denka Kogyo 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 439.66 488.27 556.74 666.68 778.91

Kanto Denka Kogyo Co 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 695.33 726.10 753.85 778.91 813.65

Competitive Comparison of Kanto Denka Kogyo Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Kanto Denka Kogyo 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.


Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kanto Denka Kogyo 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, Kanto Denka Kogyo Co'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)
=1147.76/108.9000*108.9000
=1,147.760

Current CPI (Sep. 2024) = 108.9000.

Kanto Denka Kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 240.926 98.500 266.364
201412 270.651 97.900 301.061
201503 309.703 97.900 344.501
201506 337.934 98.400 373.994
201509 354.136 98.500 391.527
201512 381.914 98.100 423.960
201603 430.091 97.900 478.416
201606 439.809 98.100 488.228
201609 469.691 98.000 521.932
201612 512.907 98.400 567.638
201703 557.141 98.100 618.478
201706 586.868 98.500 648.832
201709 618.472 98.800 681.696
201712 650.459 99.400 712.626
201803 672.102 99.200 737.822
201806 687.000 99.200 754.176
201809 715.858 99.900 780.350
201812 717.248 99.700 783.433
201903 746.853 99.700 815.770
201906 759.926 99.800 829.218
201909 776.441 100.100 844.700
201912 801.596 100.500 868.595
202003 800.236 100.300 868.850
202006 803.227 99.900 875.590
202009 815.882 99.900 889.385
202012 839.143 99.300 920.269
202103 887.394 99.900 967.339
202106 908.683 99.500 994.528
202109 940.833 100.100 1,023.544
202112 967.971 100.100 1,053.067
202203 1,013.978 101.100 1,092.208
202206 1,063.587 101.800 1,137.766
202209 1,114.536 103.100 1,177.235
202212 1,149.559 104.100 1,202.565
202303 1,174.490 104.400 1,225.115
202306 1,149.879 105.200 1,190.322
202309 1,184.586 106.200 1,214.703
202312 1,177.502 106.800 1,200.655
202403 1,114.006 107.200 1,131.672
202409 1,147.760 108.900 1,147.760

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


Kanto Denka Kogyo Co  (TSE:4047) 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.

Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=840.00/813.65
=1.03

* 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 Kanto Denka Kogyo Co was 4.16. The lowest was 0.97. And the median was 1.81.


Be Aware

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


Kanto Denka Kogyo Co Cyclically Adjusted Book per Share Related Terms

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


Kanto Denka Kogyo Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-3-2 Marunouchi, Chiyoda-ku, Yusen Building, Tokyo, JPN, 100-0005
Kanto Denka Kogyo Co Ltd is a Japan-based company, engages in the production of a chemical product. It operates through Fundamental Chemicals and Fine Chemicals divisions. The Fundamental Chemicals offers caustic soda, hydrochloric acid, sodium hypochlorite, aluminum chloride, trichloroethylene, perchloroethylene, vinylidene chloride, cyclohexanol. The Fine Chemicals division offers reprographics carriers, magnetite, sulfur hexafluoride, carbon tetrafluoride, trifluoromethane, hexafluoroethane, nitrogen trifluoride, among others.

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