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Taisei Lamick Co (TSE:4994) Cyclically Adjusted Book per Share : 円3,042.50 (As of Dec. 2023)


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What is Taisei Lamick 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.

Taisei Lamick Co's adjusted book value per share for the three months ended in Dec. 2023 was 円3,695.177. 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3,042.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Taisei Lamick Co's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Taisei Lamick Co was 6.40% per year. The lowest was 4.90% per year. And the median was 5.20% per year.

As of today (2024-06-09), Taisei Lamick Co's current stock price is 円2818.00. Taisei Lamick Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,042.50. Taisei Lamick Co's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taisei Lamick Co was 1.47. The lowest was 0.92. And the median was 1.11.


Taisei Lamick Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taisei Lamick 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.

Taisei Lamick Co Cyclically Adjusted Book per Share Chart

Taisei Lamick Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,279.71 2,390.78 2,495.09 2,650.75 2,875.69

Taisei Lamick Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,833.95 2,875.69 2,931.91 2,992.32 3,042.50

Competitive Comparison of Taisei Lamick Co's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Taisei Lamick 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.


Taisei Lamick Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Taisei Lamick Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Taisei Lamick 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, Taisei Lamick Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3695.177/106.8000*106.8000
=3,695.177

Current CPI (Dec. 2023) = 106.8000.

Taisei Lamick Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,129.687 95.700 2,376.704
201406 2,145.877 98.000 2,338.568
201409 2,184.097 98.500 2,368.138
201412 2,189.180 97.900 2,388.196
201503 2,215.916 97.900 2,417.363
201506 2,251.306 98.400 2,443.491
201509 2,295.761 98.500 2,489.211
201512 2,317.290 98.100 2,522.799
201603 2,336.418 97.900 2,548.820
201606 2,360.810 98.100 2,570.178
201609 2,420.900 98.000 2,638.287
201612 2,390.166 98.400 2,594.205
201703 2,673.364 98.100 2,910.451
201706 2,678.460 98.500 2,904.158
201709 2,753.010 98.800 2,975.926
201712 2,765.064 99.400 2,970.914
201803 2,802.884 99.200 3,017.621
201806 2,816.140 99.200 3,031.893
201809 2,852.277 99.900 3,049.281
201812 2,821.783 99.700 3,022.732
201903 2,865.024 99.700 3,069.053
201906 2,866.125 99.800 3,067.156
201909 2,903.015 100.100 3,097.323
201912 2,916.429 100.500 3,099.250
202003 2,922.370 100.300 3,111.756
202006 2,972.648 99.900 3,177.966
202009 3,038.260 99.900 3,248.110
202012 3,035.877 99.300 3,265.173
202103 3,064.011 99.900 3,275.639
202106 3,141.382 99.500 3,371.855
202109 3,243.098 100.100 3,460.168
202112 3,293.720 100.100 3,514.179
202203 3,369.919 101.100 3,559.914
202206 3,482.939 101.800 3,654.007
202209 3,568.410 103.100 3,696.471
202212 3,577.372 104.100 3,670.157
202303 3,608.370 104.400 3,691.321
202306 3,661.874 105.200 3,717.568
202309 3,658.336 106.200 3,679.005
202312 3,695.177 106.800 3,695.177

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


Taisei Lamick Co  (TSE:4994) 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.

Taisei Lamick Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2818.00/3042.5
=0.93

* 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 Taisei Lamick Co was 1.47. The lowest was 0.92. And the median was 1.11.


Be Aware

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


Taisei Lamick Co Cyclically Adjusted Book per Share Related Terms

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


Taisei Lamick Co (TSE:4994) Business Description

Traded in Other Exchanges
N/A
Address
873-1 Shimo-Ohsaki Shiraoka-machi, Minamisaitama-gun, Saitama, JPN, 349-0293
Taisei Lamick Co Ltd is a Japan-based company offering packaging materials and solutions. The company is mainly engaged in the manufacturing and sale of packaging products including plastic films, retort pouches and pouches with zippers for automatic filling with liquids and pastes. Taisei Lamick also produces and sells automated high-speed filling machines under the name DANGAN, and provides peripheral equipment, such as high-speed cutting machines and continuous cooling systems for packaging bags.

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