GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Firstlogic Inc (TSE:6037) » Definitions » Cyclically Adjusted Book per Share

Firstlogic (TSE:6037) Cyclically Adjusted Book per Share : 円134.96 (As of Jan. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Firstlogic 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.

Firstlogic's adjusted book value per share data for the fiscal year that ended in Jul. 2023 was 円227.159. 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134.96 for the trailing ten years ended in Jul. 2023.

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 (2024-05-22), Firstlogic's current stock price is 円 504.00. Firstlogic's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul. 2023 was 円134.96. Firstlogic's Cyclically Adjusted PB Ratio of today is 3.73.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Firstlogic was 4.22. The lowest was 3.62. And the median was 3.88.


Firstlogic Cyclically Adjusted Book per Share Historical Data

The historical data trend for Firstlogic'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.

Firstlogic Cyclically Adjusted Book per Share Chart

Firstlogic Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 134.96

Firstlogic Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - 134.96 - -

Competitive Comparison of Firstlogic's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Firstlogic'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.


Firstlogic's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Firstlogic's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Firstlogic 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, Firstlogic's adjusted Book Value per Share data for the fiscal year that ended in Jul. 2023 was:

Adj_Book=Book Value per Share /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=227.159/105.7000*105.7000
=227.159

Current CPI (Jul. 2023) = 105.7000.

Firstlogic Annual Data

Book Value per Share CPI Adj_Book
201407 14.462 98.100 15.582
201507 70.654 98.300 75.973
201607 81.839 97.900 88.359
201707 97.520 98.300 104.861
201807 117.476 99.200 125.174
201907 139.546 99.800 147.796
202007 161.985 100.000 171.218
202107 176.517 99.700 187.140
202207 199.744 102.300 206.383
202307 227.159 105.700 227.159

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


Firstlogic  (TSE:6037) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=504.00/134.96
=3.73

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Firstlogic was 4.22. The lowest was 3.62. And the median was 3.88.


Be Aware

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


Firstlogic Cyclically Adjusted Book per Share Related Terms

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


Firstlogic (TSE:6037) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Sumitomo Hamamatsucho Building, 8th floor, Hamamatsu-cho 1-chome 18th Minato-ku, Yubinbango, Tokyo, JPN, 105-0013
Firstlogic Inc operates real estate investment portal site. The Company offers services to professional, learner of real estate investment, people looking for real estate and the sale of real estate.

Firstlogic (TSE:6037) Headlines

No Headlines