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Original Engineering Consultants Co (TSE:4642) Cyclically Adjusted Book per Share : 円933.08 (As of Mar. 2024)


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What is Original Engineering Consultants 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.

Original Engineering Consultants Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,146.283. 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933.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Original Engineering Consultants Co's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Original Engineering Consultants Co was 8.90% per year. The lowest was 6.10% per year. And the median was 7.50% per year.

As of today (2024-05-24), Original Engineering Consultants Co's current stock price is 円1173.00. Original Engineering Consultants Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円933.08. Original Engineering Consultants Co's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Original Engineering Consultants Co was 1.61. The lowest was 0.92. And the median was 1.28.


Original Engineering Consultants Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Original Engineering Consultants 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.

Original Engineering Consultants Co Cyclically Adjusted Book per Share Chart

Original Engineering Consultants Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 676.80 709.58 761.07 841.42 916.29

Original Engineering Consultants Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 856.53 876.28 897.73 916.29 933.08

Competitive Comparison of Original Engineering Consultants Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Original Engineering Consultants 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.


Original Engineering Consultants Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Original Engineering Consultants Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Original Engineering Consultants 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, Original Engineering Consultants Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1146.283/107.2000*107.2000
=1,146.283

Current CPI (Mar. 2024) = 107.2000.

Original Engineering Consultants Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 571.365 98.000 625.003
201409 570.628 98.500 621.029
201412 590.246 97.900 646.316
201503 621.639 97.900 680.692
201506 666.544 98.400 726.154
201509 645.466 98.500 702.477
201512 653.198 98.100 713.790
201603 688.464 97.900 753.865
201606 725.632 98.100 792.943
201609 704.415 98.000 770.544
201612 695.730 98.400 757.950
201703 724.904 98.100 792.148
201706 769.670 98.500 837.651
201709 770.867 98.800 836.406
201712 834.853 99.400 900.365
201803 865.085 99.200 934.850
201806 912.381 99.200 985.960
201809 912.573 99.900 979.258
201812 900.887 99.700 968.657
201903 925.691 99.700 995.327
201906 963.750 99.800 1,035.210
201909 929.333 100.100 995.250
201912 950.523 100.500 1,013.891
202003 965.841 100.300 1,032.285
202006 992.224 99.900 1,064.729
202009 969.794 99.900 1,040.660
202012 975.919 99.300 1,053.560
202103 988.602 99.900 1,060.842
202106 1,020.414 99.500 1,099.381
202109 1,001.738 100.100 1,072.790
202112 992.342 100.100 1,062.728
202203 1,007.859 101.100 1,068.669
202206 1,021.652 101.800 1,075.846
202209 992.302 103.100 1,031.763
202212 1,032.424 104.100 1,063.169
202303 1,056.334 104.400 1,084.665
202306 1,091.553 105.200 1,112.305
202309 1,071.827 106.200 1,081.920
202312 1,101.665 106.800 1,105.791
202403 1,146.283 107.200 1,146.283

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


Original Engineering Consultants Co  (TSE:4642) 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.

Original Engineering Consultants Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1173.00/933.08
=1.26

* 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 Original Engineering Consultants Co was 1.61. The lowest was 0.92. And the median was 1.28.


Be Aware

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


Original Engineering Consultants Co Cyclically Adjusted Book per Share Related Terms

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


Original Engineering Consultants Co (TSE:4642) Business Description

Traded in Other Exchanges
N/A
Address
30-13 Motoyoyogicho, Glass City Bldg, Shibuya-ku, Tokyo, JPN, 151-0061
Original Engineering Consultants Co Ltd is a Japan-based company engaged in the research, planning, designing and construction supervision of water and sewage facilities, as well as the design and seismic diagnosis of buildings and structures.

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