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Kyowakogyosyo Co (TSE:5971) Cyclically Adjusted Book per Share : 円9,259.36 (As of Oct. 2024)


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What is Kyowakogyosyo Co 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.

Kyowakogyosyo Co's adjusted book value per share for the three months ended in Oct. 2024 was 円11,685.145. 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9,259.36 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Kyowakogyosyo Co's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Kyowakogyosyo Co was 6.50% per year. The lowest was 3.80% per year. And the median was 4.80% per year.

As of today (2025-05-30), Kyowakogyosyo Co's current stock price is 円5520.00. Kyowakogyosyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円9,259.36. Kyowakogyosyo Co's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kyowakogyosyo Co was 1.10. The lowest was 0.39. And the median was 0.56.


Kyowakogyosyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kyowakogyosyo Co'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.

Kyowakogyosyo Co Cyclically Adjusted Book per Share Chart

Kyowakogyosyo Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,280.19 7,471.58 7,938.65 8,496.76 9,019.81

Kyowakogyosyo Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 8,620.50 8,808.01 8,867.91 9,019.81 9,259.36

Competitive Comparison of Kyowakogyosyo Co's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, Kyowakogyosyo Co'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.


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

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

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


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Kyowakogyosyo Co 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, Kyowakogyosyo Co's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book= Book Value per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=11685.145/109.5000*109.5000
=11,685.145

Current CPI (Oct. 2024) = 109.5000.

Kyowakogyosyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201410 7,505.642 98.200 8,369.326
201501 7,628.149 97.800 8,540.719
201504 6,724.040 98.400 7,482.545
201507 6,696.707 98.300 7,459.709
201510 6,630.252 98.500 7,370.686
201601 6,585.850 97.700 7,381.275
201604 6,638.839 98.100 7,410.325
201607 6,614.127 97.900 7,397.823
201610 6,706.284 98.600 7,447.648
201701 6,968.507 98.200 7,770.382
201704 7,168.792 98.500 7,969.368
201707 7,272.112 98.300 8,100.674
201710 7,568.068 98.800 8,387.687
201801 7,838.953 99.500 8,626.787
201804 7,962.268 99.100 8,797.864
201807 7,983.088 99.200 8,811.977
201810 8,056.147 100.200 8,803.873
201901 8,181.789 99.700 8,986.017
201904 8,374.650 100.000 9,170.242
201907 8,330.663 99.800 9,140.357
201910 8,379.821 100.400 9,139.347
202001 8,433.946 100.500 9,189.225
202004 8,390.794 100.200 9,169.580
202007 8,358.291 100.000 9,152.329
202010 8,505.329 99.800 9,331.999
202101 8,725.199 99.800 9,573.239
202104 9,018.324 99.100 9,964.748
202107 9,128.962 99.700 10,026.292
202110 9,308.826 99.900 10,203.368
202201 9,498.976 100.300 10,370.268
202204 9,819.063 101.500 10,592.979
202207 9,965.436 102.300 10,666.816
202210 9,925.335 103.700 10,480.465
202301 10,225.286 104.700 10,694.067
202304 10,645.629 105.100 11,091.307
202307 10,889.571 105.700 11,281.060
202310 10,944.148 107.100 11,189.395
202401 11,235.014 106.900 11,508.270
202404 11,447.885 107.700 11,639.215
202410 11,685.145 109.500 11,685.145

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


Kyowakogyosyo Co  (TSE:5971) 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.

Kyowakogyosyo Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5520.00/9259.36
=0.60

* 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 Kyowakogyosyo Co was 1.10. The lowest was 0.39. And the median was 0.56.


Be Aware

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


Kyowakogyosyo Co Cyclically Adjusted Book per Share Related Terms

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


Kyowakogyosyo Co Business Description

Traded in Other Exchanges
N/A
Address
1-chome industrial estate 57, Komatsu, Ishikawa, JPN, 923-8620
Kyowakogyosyo Co Ltd manufactures and sells bolts for construction machinery and related businesses. Its products include hexagon head bolt and JIS six square hole equipped volts or bolt, marine engine unit bolts, automotive parts, and forged parts. The products offered by the company are used in bucket-edge system, attachment system, and suspension system, among others.

Kyowakogyosyo Co Headlines

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