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Adventure (TSE:6030) Cyclically Adjusted Book per Share : 円644.43 (As of Dec. 2024)


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What is Adventure 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.

Adventure's adjusted book value per share for the three months ended in Dec. 2024 was 円1,566.069. 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644.43 for the trailing ten years ended in Dec. 2024.

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.

As of today (2025-05-29), Adventure's current stock price is 円3625.00. Adventure's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円644.43. Adventure's Cyclically Adjusted PB Ratio of today is 5.63.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Adventure was 9.40. The lowest was 5.14. And the median was 6.03.


Adventure Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adventure'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.

Adventure Cyclically Adjusted Book per Share Chart

Adventure Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 594.37

Adventure 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 551.20 594.37 - 644.43 -

Competitive Comparison of Adventure's Cyclically Adjusted Book per Share

For the Travel Services subindustry, Adventure'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.


Adventure's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Adventure's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Adventure 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, Adventure'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)
=1566.069/110.7000*110.7000
=1,566.069

Current CPI (Dec. 2024) = 110.7000.

Adventure Quarterly Data

Book Value per Share CPI Adj_Book
201503 147.303 97.900 166.562
201506 153.524 98.400 172.715
201509 157.566 98.500 177.082
201512 168.961 98.100 190.662
201603 175.217 97.900 198.126
201606 172.600 98.100 194.769
201609 177.740 98.000 200.774
201612 212.376 98.400 238.923
201703 228.220 98.100 257.533
201706 226.817 98.500 254.910
201709 221.049 98.800 247.673
201712 222.541 99.400 247.840
201803 199.274 99.200 222.375
201806 208.345 99.200 232.498
201809 238.801 99.900 264.617
201812 244.532 99.700 271.511
201903 287.218 99.700 318.907
201906 221.708 99.800 245.923
201909 263.041 100.100 290.895
201912 302.994 100.500 333.746
202003 307.511 100.300 339.396
202006 221.169 99.900 245.079
202009 255.318 99.900 282.920
202012 278.695 99.300 310.690
202103 322.471 99.900 357.333
202106 342.306 99.500 380.837
202109 383.093 100.100 423.660
202112 1,155.686 100.100 1,278.066
202203 1,199.719 101.100 1,313.639
202206 1,282.400 101.800 1,394.516
202209 1,373.606 103.100 1,474.861
202212 1,387.843 104.100 1,475.833
202303 1,463.058 104.400 1,551.346
202306 1,510.294 105.200 1,589.254
202309 1,545.360 106.200 1,610.841
202312 1,567.831 106.800 1,625.083
202403 1,612.148 107.200 1,664.783
202406 1,486.323 108.200 1,520.665
202409 0.000 108.900 0.000
202412 1,566.069 110.700 1,566.069

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


Adventure  (TSE:6030) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3625.00/644.43
=5.63

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Adventure was 9.40. The lowest was 5.14. And the median was 6.03.


Be Aware

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


Adventure Cyclically Adjusted Book per Share Related Terms

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


Adventure Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-20-3 Ebisu, 24th Floor, Yebisu Garden Place Tower, Shibuya Ward, Tokyo, JPN, 150-6024
Adventure Inc engages in the provision of online travel services. It operates Skyticket and WANNATRIP website portals. The Skyticket website portal offers online ticket booking services for multiple airlines, both domestic and overseas. The WANNATRIP website portal offers package tours and cruise travel to various destinations.

Adventure Headlines

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