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Ryobi (TSE:5851) Cyclically Adjusted Book per Share : 円3,904.15 (As of Mar. 2024)


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What is Ryobi 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.

Ryobi's adjusted book value per share for the three months ended in Mar. 2024 was 円4,928.927. 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3,904.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ryobi's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Ryobi was 7.30% per year. The lowest was 6.00% per year. And the median was 6.00% per year.

As of today (2024-05-21), Ryobi's current stock price is 円2587.00. Ryobi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,904.15. Ryobi's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ryobi was 1.60. The lowest was 0.29. And the median was 0.54.


Ryobi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ryobi'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.

Ryobi Cyclically Adjusted Book per Share Chart

Ryobi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,010.74 3,109.89 3,284.73 3,589.47 3,845.74

Ryobi 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 3,638.36 3,707.92 3,784.30 3,845.74 3,904.15

Competitive Comparison of Ryobi's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Ryobi'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.


Ryobi's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4928.927/107.2000*107.2000
=4,928.927

Current CPI (Mar. 2024) = 107.2000.

Ryobi Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,735.097 98.000 2,991.861
201409 2,771.797 98.500 3,016.616
201412 2,923.292 97.900 3,200.990
201503 3,144.387 97.900 3,443.088
201506 3,192.208 98.400 3,477.690
201509 3,248.215 98.500 3,535.113
201512 3,231.379 98.100 3,531.130
201603 3,201.740 97.900 3,505.889
201606 3,113.850 98.100 3,402.698
201609 3,020.955 98.000 3,304.555
201612 3,091.174 98.400 3,367.620
201703 3,342.910 98.100 3,653.007
201706 3,527.594 98.500 3,839.168
201709 3,628.700 98.800 3,937.213
201712 3,711.053 99.400 4,002.262
201803 3,585.209 99.200 3,874.339
201806 3,645.205 99.200 3,939.173
201809 3,773.877 99.900 4,049.646
201812 3,605.414 99.700 3,876.634
201903 3,712.491 99.700 3,991.766
201906 3,661.702 99.800 3,933.211
201909 3,634.114 100.100 3,891.878
201912 3,723.273 100.500 3,971.491
202003 3,583.418 100.300 3,829.934
202006 3,548.168 99.900 3,807.444
202009 3,566.951 99.900 3,827.599
202012 3,619.131 99.300 3,907.058
202103 3,818.055 99.900 4,097.052
202106 3,806.377 99.500 4,100.941
202109 3,808.478 100.100 4,078.610
202112 3,797.603 100.100 4,066.963
202203 4,035.886 101.100 4,279.396
202206 4,224.832 101.800 4,448.939
202209 4,269.906 103.100 4,439.708
202212 4,153.931 104.100 4,277.631
202303 4,227.952 104.400 4,341.345
202306 4,506.582 105.200 4,592.258
202309 4,669.299 106.200 4,713.266
202312 4,674.343 106.800 4,691.850
202403 4,928.927 107.200 4,928.927

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


Ryobi  (TSE:5851) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2587.00/3904.15
=0.66

* 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 Ryobi was 1.60. The lowest was 0.29. And the median was 0.54.


Be Aware

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


Ryobi Cyclically Adjusted Book per Share Related Terms

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


Ryobi (TSE:5851) Business Description

Industry
Traded in Other Exchanges
Address
762 Mesaki-cho, Hiroshima-ken, Fuchu-shi, JPN, 726-8628
Ryobi Ltd operates in three segments: Die Castings, Builder's Hardware, and Printing Equipment. Die castings consist of die-cast products for the automobile industry and various other industries; Printing equipment consists of offset printing presses and peripherals; and Builder's Hardware includes door closers, hinges, and architectural hardware products. The majority of its revenue comes from the Die Castings segment.

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