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CAC Holdings (TSE:4725) Cyclically Adjusted Book per Share : 円1,725.54 (As of Jun. 2024)


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What is CAC Holdings 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.

CAC Holdings's adjusted book value per share for the three months ended in Jun. 2024 was 円2,074.437. 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1,725.54 for the trailing ten years ended in Jun. 2024.

During the past 12 months, CAC Holdings'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 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 CAC Holdings was 7.10% per year. The lowest was 4.60% per year. And the median was 5.60% per year.

As of today (2024-09-22), CAC Holdings's current stock price is 円1772.00. CAC Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円1,725.54. CAC Holdings's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CAC Holdings was 1.46. The lowest was 0.60. And the median was 1.03.


CAC Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for CAC Holdings'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.

CAC Holdings Cyclically Adjusted Book per Share Chart

CAC Holdings 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 1,329.72 1,356.18 1,441.00 1,568.07 1,665.88

CAC Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,611.92 1,641.18 1,665.88 1,689.29 1,725.54

Competitive Comparison of CAC Holdings's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, CAC Holdings'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.


CAC Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, CAC Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CAC Holdings's Cyclically Adjusted PB Ratio falls into.



CAC Holdings 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, CAC Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2074.437/108.2000*108.2000
=2,074.437

Current CPI (Jun. 2024) = 108.2000.

CAC Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,154.495 98.500 1,268.186
201412 1,455.037 97.900 1,608.121
201503 1,501.050 97.900 1,658.975
201506 1,493.314 98.400 1,642.038
201509 1,454.484 98.500 1,597.717
201512 1,439.305 98.100 1,587.490
201603 1,368.238 97.900 1,512.189
201606 1,367.017 98.100 1,507.760
201609 1,392.270 98.000 1,537.180
201612 1,447.007 98.400 1,591.119
201703 1,494.578 98.100 1,648.454
201706 1,520.290 98.500 1,670.004
201709 1,617.712 98.800 1,771.624
201712 1,720.287 99.400 1,872.586
201803 1,651.885 99.200 1,801.754
201806 1,733.902 99.200 1,891.212
201809 1,875.912 99.900 2,031.769
201812 1,527.070 99.700 1,657.262
201903 1,617.307 99.700 1,755.192
201906 1,668.129 99.800 1,808.533
201909 1,563.800 100.100 1,690.341
201912 1,512.057 100.500 1,627.906
202003 1,371.966 100.300 1,480.027
202006 1,461.990 99.900 1,583.457
202009 1,474.468 99.900 1,596.971
202012 1,505.046 99.300 1,639.939
202103 1,621.800 99.900 1,756.544
202106 1,678.783 99.500 1,825.571
202109 1,781.483 100.100 1,925.639
202112 1,822.311 100.100 1,969.771
202203 1,742.061 101.100 1,864.402
202206 1,704.393 101.800 1,811.545
202209 1,736.079 103.100 1,821.957
202212 1,683.075 104.100 1,749.363
202303 1,658.962 104.400 1,719.346
202306 1,766.297 105.200 1,816.667
202309 1,761.956 106.200 1,795.138
202312 1,873.669 106.800 1,898.230
202403 1,937.087 107.200 1,955.157
202406 2,074.437 108.200 2,074.437

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


CAC Holdings  (TSE:4725) 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.

CAC Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1772.00/1725.54
=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 CAC Holdings was 1.46. The lowest was 0.60. And the median was 1.03.


Be Aware

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


CAC Holdings Cyclically Adjusted Book per Share Related Terms

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


CAC Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » CAC Holdings Corp (TSE:4725) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
24-1, Hakozaki-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0015
CAC Holdings Corp is a Japan-based Information technology (IT) services, provider. The company is mainly engaged in systems development and systems operation. The company also provides outsourcing services, mainly in the field of Contract Research Organization (CRO) services. Other services offered by the company include systems consulting services, systems integration services, systems development services, systems maintenance services, Business process outsourcing (BPO) services, systems operation services, data center services, help desk services, desktop services, information processing services and software/hardware marketing.

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