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Riso Kyoiku Co (TSE:4714) Cyclically Adjusted Book per Share : 円46.89 (As of Feb. 2024)


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What is Riso Kyoiku 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.

Riso Kyoiku Co's adjusted book value per share for the three months ended in Feb. 2024 was 円56.060. 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46.89 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Riso Kyoiku Co's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Riso Kyoiku Co was 7.10% per year. The lowest was 4.40% per year. And the median was 6.70% per year.

As of today (2024-06-03), Riso Kyoiku Co's current stock price is 円249.00. Riso Kyoiku Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円46.89. Riso Kyoiku Co's Cyclically Adjusted PB Ratio of today is 5.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Riso Kyoiku Co was 14.19. The lowest was 4.58. And the median was 8.22.


Riso Kyoiku Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Riso Kyoiku 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.

Riso Kyoiku Co Cyclically Adjusted Book per Share Chart

Riso Kyoiku Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.36 38.59 41.52 45.90 46.89

Riso Kyoiku Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 45.90 45.96 45.12 46.02 46.89

Competitive Comparison of Riso Kyoiku Co's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Riso Kyoiku 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.


Riso Kyoiku Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Riso Kyoiku Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Riso Kyoiku 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, Riso Kyoiku Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=56.06/106.9000*106.9000
=56.060

Current CPI (Feb. 2024) = 106.9000.

Riso Kyoiku Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 21.095 98.100 22.987
201408 35.570 98.300 38.682
201411 36.529 97.900 39.887
201502 39.068 97.600 42.791
201505 39.305 98.700 42.570
201508 43.582 98.400 47.347
201511 45.241 98.100 49.299
201602 50.279 97.800 54.957
201605 46.672 98.200 50.807
201608 50.592 97.900 55.243
201611 39.474 98.600 42.797
201702 42.680 98.100 46.509
201705 38.701 98.600 41.959
201708 41.435 98.500 44.969
201711 40.494 99.100 43.681
201802 42.494 99.500 45.654
201805 38.543 99.300 41.493
201808 41.551 99.800 44.507
201811 41.340 100.000 44.192
201902 42.429 99.700 45.493
201905 37.568 100.000 40.160
201908 40.926 100.000 43.750
201911 40.373 100.500 42.944
202002 41.683 100.300 44.426
202005 27.119 100.100 28.961
202008 38.045 100.100 40.629
202011 41.889 99.500 45.004
202102 44.483 99.800 47.648
202105 33.935 99.400 36.495
202108 41.104 99.700 44.072
202111 63.640 100.100 67.963
202202 68.132 100.700 72.327
202205 49.677 101.800 52.166
202208 55.753 102.700 58.033
202211 58.362 103.900 60.047
202302 60.582 104.000 62.271
202305 42.904 105.100 43.639
202308 49.964 105.900 50.436
202311 52.636 106.900 52.636
202402 56.060 106.900 56.060

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


Riso Kyoiku Co  (TSE:4714) 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.

Riso Kyoiku Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=249.00/46.89
=5.31

* 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 Riso Kyoiku Co was 14.19. The lowest was 4.58. And the median was 8.22.


Be Aware

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


Riso Kyoiku Co Cyclically Adjusted Book per Share Related Terms

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


Riso Kyoiku Co (TSE:4714) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-1-40 Mejiro, Toshima-ku, Tokyo, JPN
Riso Kyoiku Co Ltd is a Japan-based company primarily engaged in the provision of private education services. It operates cram schools (Juku) and provides academic tutoring and exam preparation on a one-on-one basis. The company's classes are for elementary, junior, and high school students. Geographically, the activities are carried out the region of Japan.

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