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The Japan Steel Works (TSE:5631) Cyclically Adjusted Book per Share : 円2,040.07 (As of Dec. 2024)


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What is The Japan Steel Works 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.

The Japan Steel Works's adjusted book value per share for the three months ended in Dec. 2024 was 円2,523.246. 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2,040.07 for the trailing ten years ended in Dec. 2024.

During the past 12 months, The Japan Steel Works'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 The Japan Steel Works was 3.50% per year. The lowest was 1.80% per year. And the median was 2.40% per year.

As of today (2025-05-28), The Japan Steel Works's current stock price is 円6802.00. The Japan Steel Works's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円2,040.07. The Japan Steel Works's Cyclically Adjusted PB Ratio of today is 3.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Japan Steel Works was 3.25. The lowest was 0.55. And the median was 1.54.


The Japan Steel Works Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Japan Steel Works'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.

The Japan Steel Works Cyclically Adjusted Book per Share Chart

The Japan Steel Works 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 1,767.95 1,809.08 1,883.35 1,953.29 -

The Japan Steel Works 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 1,953.29 - 1,994.92 2,040.07 -

Competitive Comparison of The Japan Steel Works's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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The Japan Steel Works 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, The Japan Steel Works's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2523.246/110.7000*110.7000
=2,523.246

Current CPI (Dec. 2024) = 110.7000.

The Japan Steel Works Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,844.019 97.900 2,085.116
201506 1,834.378 98.400 2,063.675
201509 1,808.842 98.500 2,032.881
201512 1,866.192 98.100 2,105.886
201603 1,497.020 97.900 1,692.749
201606 1,493.850 98.100 1,685.721
201609 1,539.799 98.000 1,739.344
201612 1,584.361 98.400 1,782.406
201703 1,446.422 98.100 1,632.201
201706 1,488.631 98.500 1,673.010
201709 1,564.736 98.800 1,753.201
201712 1,641.044 99.400 1,827.601
201803 1,592.462 99.200 1,777.072
201806 1,643.734 99.200 1,834.288
201809 1,726.094 99.900 1,912.699
201812 1,708.722 99.700 1,897.247
201903 1,746.878 99.700 1,939.613
201906 1,813.117 99.800 2,011.143
201909 1,817.025 100.100 2,009.437
201912 1,821.553 100.500 2,006.427
202003 1,778.944 100.300 1,963.401
202006 1,774.470 99.900 1,966.305
202009 1,811.028 99.900 2,006.815
202012 1,854.927 99.300 2,067.879
202103 1,908.723 99.900 2,115.071
202106 1,930.434 99.500 2,147.729
202109 1,965.502 100.100 2,173.637
202112 1,958.747 100.100 2,166.167
202203 2,031.263 101.100 2,224.143
202206 2,008.754 101.800 2,184.372
202209 2,031.067 103.100 2,180.787
202212 2,036.570 104.100 2,165.690
202303 2,162.171 104.400 2,292.647
202306 2,172.839 105.200 2,286.438
202309 2,218.069 106.200 2,312.055
202312 2,258.836 106.800 2,341.322
202403 2,404.824 107.200 2,483.340
202406 0.000 108.200 0.000
202409 2,459.160 108.900 2,499.807
202412 2,523.246 110.700 2,523.246

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


The Japan Steel Works  (TSE:5631) 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.

The Japan Steel Works's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6802.00/2040.07
=3.33

* 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 The Japan Steel Works was 3.25. The lowest was 0.55. And the median was 1.54.


Be Aware

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


The Japan Steel Works Cyclically Adjusted Book per Share Related Terms

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


The Japan Steel Works Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

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