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Aichi Steel (TSE:5482) Cyclically Adjusted Book per Share : 円9,797.51 (As of Mar. 2025)


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What is Aichi Steel 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.

Aichi Steel's adjusted book value per share for the three months ended in Mar. 2025 was 円12,142.610. 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9,797.51 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Aichi Steel's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Aichi Steel was 7.90% per year. The lowest was 3.10% per year. And the median was 5.00% per year.

As of today (2025-05-30), Aichi Steel's current stock price is 円7460.00. Aichi Steel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円9,797.51. Aichi Steel's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aichi Steel was 0.86. The lowest was 0.25. And the median was 0.42.


Aichi Steel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aichi Steel'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.

Aichi Steel Cyclically Adjusted Book per Share Chart

Aichi Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,452.14 7,806.00 8,411.00 9,001.85 9,797.51

Aichi Steel Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9,001.85 9,217.53 9,402.27 9,680.14 9,797.51

Competitive Comparison of Aichi Steel's Cyclically Adjusted Book per Share

For the Steel subindustry, Aichi Steel'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.


Aichi Steel's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

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


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Aichi Steel 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, Aichi Steel's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12142.61/111.1000*111.1000
=12,142.610

Current CPI (Mar. 2025) = 111.1000.

Aichi Steel Quarterly Data

Book Value per Share CPI Adj_Book
201506 7,897.921 98.400 8,917.266
201509 7,862.335 98.500 8,868.075
201512 7,923.034 98.100 8,972.977
201603 7,080.789 97.900 8,035.502
201606 6,910.370 98.100 7,826.117
201609 7,052.640 98.000 7,995.391
201612 7,150.348 98.400 8,073.208
201703 7,266.308 98.100 8,229.223
201706 7,394.076 98.500 8,339.917
201709 7,544.706 98.800 8,483.976
201712 7,677.555 99.400 8,581.251
201803 7,716.369 99.200 8,642.022
201806 7,721.906 99.200 8,648.223
201809 7,881.630 99.900 8,765.256
201812 7,751.118 99.700 8,637.404
201903 7,754.318 99.700 8,640.970
201906 7,754.471 99.800 8,632.482
201909 7,844.747 100.100 8,706.807
201912 7,967.029 100.500 8,807.333
202003 8,808.067 100.300 9,756.493
202006 7,769.000 99.900 8,639.999
202009 7,811.420 99.900 8,687.175
202012 8,022.607 99.300 8,975.948
202103 9,793.574 99.900 10,891.552
202106 8,663.283 99.500 9,673.274
202109 8,627.804 100.100 9,575.914
202112 8,626.941 100.100 9,574.956
202203 10,224.635 101.100 11,235.974
202206 10,355.925 101.800 11,301.997
202209 10,386.414 103.100 11,192.343
202212 10,345.830 104.100 11,041.515
202303 10,328.416 104.400 10,991.255
202306 10,569.444 105.200 11,162.217
202309 10,745.365 106.200 11,241.149
202312 10,796.576 106.800 11,231.270
202403 12,712.491 107.200 13,174.979
202406 13,010.789 108.200 13,359.507
202409 12,837.021 108.900 13,096.355
202412 13,103.083 110.700 13,150.429
202503 12,142.610 111.100 12,142.610

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


Aichi Steel  (TSE:5482) 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.

Aichi Steel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7460.00/9797.51
=0.76

* 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 Aichi Steel was 0.86. The lowest was 0.25. And the median was 0.42.


Be Aware

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


Aichi Steel Cyclically Adjusted Book per Share Related Terms

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


Aichi Steel Business Description

Industry
Traded in Other Exchanges
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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