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YAMAX (TSE:5285) Cyclically Adjusted Book per Share : 円513.23 (As of Sep. 2024)


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What is YAMAX 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.

YAMAX's adjusted book value per share for the three months ended in Sep. 2024 was 円765.456. 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513.23 for the trailing ten years ended in Sep. 2024.

During the past 12 months, YAMAX's average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 YAMAX was 9.60% per year. The lowest was 5.10% per year. And the median was 6.50% per year.

As of today (2025-01-18), YAMAX's current stock price is 円1419.00. YAMAX's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円513.23. YAMAX's Cyclically Adjusted PB Ratio of today is 2.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YAMAX was 3.83. The lowest was 0.37. And the median was 0.73.


YAMAX Cyclically Adjusted Book per Share Historical Data

The historical data trend for YAMAX'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.

YAMAX Cyclically Adjusted Book per Share Chart

YAMAX Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.91 375.27 403.97 445.56 494.35

YAMAX Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 456.83 469.99 482.19 494.35 513.23

Competitive Comparison of YAMAX's Cyclically Adjusted Book per Share

For the Building Materials subindustry, YAMAX'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.


YAMAX's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, YAMAX's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YAMAX 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, YAMAX's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=765.456/108.9000*108.9000
=765.456

Current CPI (Sep. 2024) = 108.9000.

YAMAX Quarterly Data

Book Value per Share CPI Adj_Book
201409 307.097 98.500 339.521
201412 328.656 97.900 365.584
201503 346.036 97.900 384.916
201506 346.075 98.400 383.004
201509 377.439 98.500 417.290
201512 397.244 98.100 440.977
201603 378.343 97.900 420.853
201606 357.817 98.100 397.210
201609 333.062 98.000 370.107
201612 358.438 98.400 396.686
201703 396.653 98.100 440.321
201706 399.627 98.500 441.821
201709 400.843 98.800 441.820
201712 424.118 99.400 464.652
201803 432.895 99.200 475.224
201806 429.448 99.200 471.440
201809 432.216 99.900 471.154
201812 442.101 99.700 482.897
201903 459.632 99.700 502.045
201906 454.201 99.800 495.616
201909 463.414 100.100 504.154
201912 474.822 100.500 514.509
202003 472.934 100.300 513.485
202006 478.985 99.900 522.137
202009 482.348 99.900 525.803
202012 495.609 99.300 543.523
202103 524.104 99.900 571.321
202106 522.840 99.500 572.234
202109 534.832 100.100 581.850
202112 547.331 100.100 595.448
202203 551.984 101.100 594.570
202206 548.670 101.800 586.937
202209 562.931 103.100 594.599
202212 586.007 104.100 613.027
202303 598.880 104.400 624.694
202306 598.420 105.200 619.467
202309 632.450 106.200 648.529
202312 683.124 106.800 696.556
202403 726.308 107.200 737.826
202409 765.456 108.900 765.456

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


YAMAX  (TSE:5285) 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.

YAMAX's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1419.00/513.23
=2.76

* 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 YAMAX was 3.83. The lowest was 0.37. And the median was 0.73.


Be Aware

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


YAMAX Cyclically Adjusted Book per Share Related Terms

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


YAMAX Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-9-5 Suizenji, Chuo-ku, Kumamoto, Kumamoto, JPN
YAMAX Corp is engaged in the civil engineering cement products business. It manufactures and sells concrete products for civil engineering. It also provides construction concrete products.

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