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SEC CARBON (TSE:5304) Cyclically Adjusted Book per Share : 円2,306.88 (As of Dec. 2023)


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What is SEC CARBON 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.

SEC CARBON's adjusted book value per share for the three months ended in Dec. 2023 was 円3,418.016. 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2,306.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SEC CARBON's average Cyclically Adjusted Book Growth Rate was -100.00% 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 SEC CARBON was 7.00% per year. The lowest was 4.30% per year. And the median was 5.60% per year.

As of today (2024-06-21), SEC CARBON's current stock price is 円2519.00. SEC CARBON's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,306.88. SEC CARBON's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SEC CARBON was 5.13. The lowest was 0.50. And the median was 0.82.


SEC CARBON Cyclically Adjusted Book per Share Historical Data

The historical data trend for SEC CARBON'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.

SEC CARBON Cyclically Adjusted Book per Share Chart

SEC CARBON 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 1,756.02 1,841.17 1,966.73 2,148.60 -

SEC CARBON 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 2,148.60 2,198.75 2,255.86 2,306.88 -

Competitive Comparison of SEC CARBON's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, SEC CARBON'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.


SEC CARBON's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



SEC CARBON 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, SEC CARBON'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)
=3418.016/106.8000*106.8000
=3,418.016

Current CPI (Dec. 2023) = 106.8000.

SEC CARBON Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,667.706 95.700 1,861.139
201406 1,657.283 98.000 1,806.100
201409 1,700.192 98.500 1,843.457
201412 1,697.318 97.900 1,851.620
201503 1,694.434 97.900 1,848.473
201506 1,703.592 98.400 1,849.021
201509 1,670.515 98.500 1,811.279
201512 1,708.610 98.100 1,860.138
201603 1,612.264 97.900 1,758.833
201606 1,454.706 98.100 1,583.717
201609 1,460.893 98.000 1,592.075
201612 1,522.279 98.400 1,652.230
201703 1,469.757 98.100 1,600.102
201706 1,481.451 98.500 1,606.284
201709 1,496.312 98.800 1,617.471
201712 1,530.808 99.400 1,644.772
201803 1,572.676 99.200 1,693.163
201806 1,706.060 99.200 1,836.766
201809 1,844.976 99.900 1,972.407
201812 1,918.071 99.700 2,054.664
201903 2,105.729 99.700 2,255.686
201906 2,226.934 99.800 2,383.132
201909 2,344.990 100.100 2,501.947
201912 2,433.630 100.500 2,586.186
202003 2,468.319 100.300 2,628.280
202006 2,498.524 99.900 2,671.095
202009 2,555.048 99.900 2,731.523
202012 2,562.132 99.300 2,755.647
202103 2,630.334 99.900 2,812.009
202106 2,646.322 99.500 2,840.474
202109 2,671.314 100.100 2,850.113
202112 2,700.438 100.100 2,881.187
202203 2,757.601 101.100 2,913.074
202206 2,843.255 101.800 2,982.904
202209 2,875.578 103.100 2,978.775
202212 2,920.348 104.100 2,996.092
202303 3,070.107 104.400 3,140.684
202306 3,194.783 105.200 3,243.373
202309 3,342.534 106.200 3,361.418
202312 3,418.016 106.800 3,418.016

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


SEC CARBON  (TSE:5304) 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.

SEC CARBON's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2519.00/2306.88
=1.09

* 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 SEC CARBON was 5.13. The lowest was 0.50. And the median was 0.82.


Be Aware

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


SEC CARBON Cyclically Adjusted Book per Share Related Terms

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


SEC CARBON (TSE:5304) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-2-6 Shioe, Amagasaki, Hyogo, JPN
SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.

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