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Miura Co (TSE:6005) Cyclically Adjusted Book per Share : 円1,347.32 (As of Mar. 2025)


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What is Miura 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.

Miura Co's adjusted book value per share for the three months ended in Mar. 2025 was 円1,764.595. 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1,347.32 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Miura Co's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Miura Co was 9.10% per year. The lowest was 4.80% per year. And the median was 7.40% per year.

As of today (2025-05-29), Miura Co's current stock price is 円2976.50. Miura Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円1,347.32. Miura Co's Cyclically Adjusted PB Ratio of today is 2.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Miura Co was 6.61. The lowest was 1.96. And the median was 3.25.


Miura Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Miura 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.

Miura Co Cyclically Adjusted Book per Share Chart

Miura Co 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 964.99 1,036.87 1,138.00 1,237.68 1,347.32

Miura Co 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 1,237.68 - 1,281.82 1,323.99 1,347.32

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

For the Specialty Industrial Machinery subindustry, Miura 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.


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

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

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


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Miura 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, Miura Co'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)
=1764.595/111.1000*111.1000
=1,764.595

Current CPI (Mar. 2025) = 111.1000.

Miura Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 917.611 98.400 1,036.043
201509 927.232 98.500 1,045.842
201512 946.349 98.100 1,071.757
201603 924.526 97.900 1,049.181
201606 927.957 98.100 1,050.928
201609 939.788 98.000 1,065.413
201612 972.170 98.400 1,097.643
201703 965.685 98.100 1,093.655
201706 969.231 98.500 1,093.214
201709 1,002.230 98.800 1,127.002
201712 1,023.359 99.400 1,143.815
201803 1,043.858 99.200 1,169.079
201806 1,044.755 99.200 1,170.083
201809 1,082.109 99.900 1,203.427
201812 1,080.394 99.700 1,203.930
201903 1,112.708 99.700 1,239.938
201906 1,099.668 99.800 1,224.180
201909 1,136.648 100.100 1,261.554
201912 1,164.043 100.500 1,286.818
202003 1,182.580 100.300 1,309.917
202006 1,186.954 99.900 1,320.026
202009 1,225.039 99.900 1,362.381
202012 1,251.686 99.300 1,400.426
202103 1,290.144 99.900 1,434.785
202106 1,287.430 99.500 1,437.522
202109 1,328.339 100.100 1,474.310
202112 1,353.149 100.100 1,501.847
202203 1,414.502 101.100 1,554.413
202206 1,437.273 101.800 1,568.576
202209 1,482.091 103.100 1,597.093
202212 1,468.517 104.100 1,567.265
202303 1,504.020 104.400 1,600.542
202306 1,526.010 105.200 1,611.594
202309 1,570.695 106.200 1,643.166
202312 1,572.590 106.800 1,635.906
202403 1,638.957 107.200 1,698.583
202406 0.000 108.200 0.000
202409 1,578.901 108.900 1,610.798
202412 1,811.781 110.700 1,818.328
202503 1,764.595 111.100 1,764.595

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


Miura Co  (TSE:6005) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2976.50/1347.32
=2.21

* 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 Miura Co was 6.61. The lowest was 1.96. And the median was 3.25.


Be Aware

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


Miura Co Cyclically Adjusted Book per Share Related Terms

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


Miura Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
7 Horie-cho, Matsuyama, Ehime, JPN, 799-2696
Miura Co Ltd is a Japan based company engaged in production, sale, and maintenance of small once-through boilers, marine boilers, exhaust gas boilers, water treatment equipment, food processing equipment, sterilizers, and chemicals, environmental certification, among others.

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