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LONGLIFE HOLDING Co (TSE:4355) Cyclically Adjusted Book per Share : 円232.28 (As of Jul. 2023)


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What is LONGLIFE HOLDING 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.

LONGLIFE HOLDING Co's adjusted book value per share for the three months ended in Jul. 2023 was 円7.236. 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232.28 for the trailing ten years ended in Jul. 2023.

During the past 12 months, LONGLIFE HOLDING Co's average Cyclically Adjusted Book Growth Rate was -7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.20% 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 LONGLIFE HOLDING Co was -2.20% per year. The lowest was -2.20% per year. And the median was -2.20% per year.

As of today (2024-05-17), LONGLIFE HOLDING Co's current stock price is 円185.00. LONGLIFE HOLDING Co's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2023 was 円232.28. LONGLIFE HOLDING Co's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LONGLIFE HOLDING Co was 2.23. The lowest was 0.55. And the median was 1.14.


LONGLIFE HOLDING Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for LONGLIFE HOLDING 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.

LONGLIFE HOLDING Co Cyclically Adjusted Book per Share Chart

LONGLIFE HOLDING Co Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 260.55 263.90 260.84 260.75 246.99

LONGLIFE HOLDING Co Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 249.82 246.99 243.00 237.39 232.28

Competitive Comparison of LONGLIFE HOLDING Co's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, LONGLIFE HOLDING 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.


LONGLIFE HOLDING Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LONGLIFE HOLDING Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LONGLIFE HOLDING 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, LONGLIFE HOLDING Co's adjusted Book Value per Share data for the three months ended in Jul. 2023 was:

Adj_Book= Book Value per Share /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=7.236/105.7000*105.7000
=7.236

Current CPI (Jul. 2023) = 105.7000.

LONGLIFE HOLDING Co Quarterly Data

Book Value per Share CPI Adj_Book
201310 250.646 95.500 277.417
201401 243.509 95.500 269.517
201404 257.546 97.700 278.635
201407 265.144 98.100 285.685
201410 267.931 98.200 288.394
201501 261.834 97.800 282.984
201504 268.986 98.400 288.941
201507 277.479 98.300 298.368
201510 285.962 98.500 306.865
201601 271.582 97.700 293.820
201604 270.972 98.100 291.965
201607 275.681 97.900 297.645
201610 288.800 98.600 309.596
201701 279.548 98.200 300.898
201704 284.971 98.500 305.801
201707 290.311 98.300 312.166
201710 303.236 98.800 324.413
201801 282.355 99.500 299.949
201804 288.434 99.100 307.644
201807 284.592 99.200 303.240
201810 285.075 100.200 300.723
201901 259.344 99.700 274.951
201904 266.653 100.000 281.852
201907 252.807 99.800 267.753
201910 252.285 100.400 265.603
202001 225.552 100.500 237.222
202004 217.184 100.200 229.105
202007 213.166 100.000 225.316
202010 234.663 99.800 248.536
202101 232.391 99.800 246.130
202104 230.597 99.100 245.955
202107 221.895 99.700 235.249
202110 223.460 99.900 236.434
202201 19.209 100.300 20.243
202204 16.104 101.500 16.770
202207 6.050 102.300 6.251
202210 8.836 103.700 9.006
202301 6.013 104.700 6.070
202304 6.765 105.100 6.804
202307 7.236 105.700 7.236

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


LONGLIFE HOLDING Co  (TSE:4355) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=185.00/232.28
=0.80

* 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 LONGLIFE HOLDING Co was 2.23. The lowest was 0.55. And the median was 1.14.


Be Aware

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


LONGLIFE HOLDING Co Cyclically Adjusted Book per Share Related Terms

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


LONGLIFE HOLDING Co (TSE:4355) Business Description

Traded in Other Exchanges
N/A
Address
Umeda Center Building, 2-4-12 Nakazakinishi, 25th Floor, Kita-ku, Osaka, JPN, 530-0015
LONGLIFE HOLDING Co., Ltd. is engaged in providing residential care services in Japan. It runs residential care homes and group homes in the urban areas and provides care services to the elderly people and those who need care. It is also involved in the resort businesses.

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