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Environmental Control Center Co (TSE:4657) Cyclically Adjusted Book per Share : 円397.41 (As of Mar. 2024)


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What is Environmental Control Center 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.

Environmental Control Center Co's adjusted book value per share for the three months ended in Mar. 2024 was 円497.902. 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397.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Environmental Control Center Co's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Environmental Control Center Co was 3.40% per year. The lowest was -0.50% per year. And the median was 1.20% per year.

As of today (2024-06-20), Environmental Control Center Co's current stock price is 円499.00. Environmental Control Center Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円397.41. Environmental Control Center Co's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Environmental Control Center Co was 3.00. The lowest was 0.68. And the median was 1.32.


Environmental Control Center Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Environmental Control Center 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.

Environmental Control Center Co Cyclically Adjusted Book per Share Chart

Environmental Control Center Co Annual Data
Trend Mar14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 350.87 347.90 348.49 363.88 384.77

Environmental Control Center 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 379.93 384.77 389.97 394.29 397.41

Competitive Comparison of Environmental Control Center Co's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Environmental Control Center 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.


Environmental Control Center Co's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Environmental Control Center Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Environmental Control Center Co's Cyclically Adjusted PB Ratio falls into.



Environmental Control Center 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, Environmental Control Center 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)
=497.902/107.2000*107.2000
=497.902

Current CPI (Mar. 2024) = 107.2000.

Environmental Control Center Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 338.080 98.000 369.818
201409 320.065 98.500 348.335
201412 308.597 97.900 337.912
201503 336.515 97.900 368.482
201506 315.362 98.400 343.565
201509 307.570 98.500 334.736
201512 297.536 98.100 325.136
201603 344.302 97.900 377.009
201606 317.888 98.100 347.376
201609 293.670 98.000 321.239
201612 306.897 98.400 334.343
201703 366.429 98.100 400.420
201706 360.983 98.500 392.867
201709 337.984 98.800 366.719
201712 313.835 99.400 338.462
201803 344.806 99.200 372.613
201806 327.149 99.200 353.532
201809 302.466 99.900 324.568
201812 310.408 99.700 333.759
201903 365.615 99.700 393.119
201906 352.011 99.800 378.112
201909 345.994 100.100 370.535
201912 331.032 100.500 353.101
202003 393.345 100.300 420.405
202006 385.036 99.900 413.172
202009 373.123 99.900 400.388
202012 371.555 99.300 401.115
202103 453.771 99.900 486.929
202106 430.526 99.500 463.843
202109 405.931 100.100 434.723
202112 399.923 100.100 428.289
202203 450.046 101.100 477.200
202206 471.769 101.800 496.794
202209 454.661 103.100 472.742
202212 442.580 104.100 455.760
202303 499.666 104.400 513.067
202306 457.724 105.200 466.426
202309 428.910 106.200 432.949
202312 447.180 106.800 448.855
202403 497.902 107.200 497.902

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


Environmental Control Center Co  (TSE:4657) 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.

Environmental Control Center Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=499.00/397.41
=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 Environmental Control Center Co was 3.00. The lowest was 0.68. And the median was 1.32.


Be Aware

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


Environmental Control Center Co Cyclically Adjusted Book per Share Related Terms

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


Environmental Control Center Co (TSE:4657) Business Description

Traded in Other Exchanges
N/A
Address
3-7-23 Sanda-machi, Hachioji-shi, Tokyo, JPN, 193-0832
Environmental Control Center Co., Ltd. is a Japan based environmental consulting company with a focus on chemical analysis. It provides solutions for environmental problems by monitoring and consulting services for air, water, and soil in the general environment. In addition, it also offers environmental survey, analysis, consulting and designing services for environmental or waste management, environmental conservation and remediation of municipal, prefectural and national governments.

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