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Cocolonet Co (TSE:6060) Cyclically Adjusted Book per Share : 円2,374.59 (As of Dec. 2023)


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What is Cocolonet 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.

Cocolonet Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,250.371. 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2,374.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cocolonet Co's average Cyclically Adjusted Book Growth Rate was 2.80% 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.

As of today (2024-06-25), Cocolonet Co's current stock price is 円1018.00. Cocolonet Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,374.59. Cocolonet Co's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cocolonet Co was 0.48. The lowest was 0.37. And the median was 0.41.


Cocolonet Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cocolonet 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.

Cocolonet Co Cyclically Adjusted Book per Share Chart

Cocolonet Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2,226.76 2,319.89

Cocolonet Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,310.27 2,319.89 2,338.61 2,361.93 2,374.59

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

For the Personal Services subindustry, Cocolonet 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.


Cocolonet Co's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Cocolonet Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cocolonet 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, Cocolonet Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2250.371/106.8000*106.8000
=2,250.371

Current CPI (Dec. 2023) = 106.8000.

Cocolonet Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,975.584 95.700 2,204.727
201406 2,021.597 98.000 2,203.128
201409 2,013.763 98.500 2,183.451
201412 2,079.382 97.900 2,268.417
201503 2,096.412 97.900 2,286.995
201506 2,109.576 98.400 2,289.662
201509 2,136.483 98.500 2,316.512
201512 2,171.046 98.100 2,363.585
201603 2,150.403 97.900 2,345.894
201606 2,215.366 98.100 2,411.836
201609 2,220.625 98.000 2,420.028
201612 2,299.651 98.400 2,495.963
201703 2,262.846 98.100 2,463.527
201706 2,282.204 98.500 2,474.512
201709 2,333.120 98.800 2,522.037
201712 2,365.938 99.400 2,542.074
201803 2,299.095 99.200 2,475.235
201806 2,316.700 99.200 2,494.189
201809 2,372.564 99.900 2,536.435
201812 2,387.576 99.700 2,557.604
201903 2,329.664 99.700 2,495.568
201906 2,336.822 99.800 2,500.727
201909 2,404.293 100.100 2,565.220
201912 2,408.946 100.500 2,559.955
202003 2,350.843 100.300 2,503.191
202006 2,321.157 99.900 2,481.477
202009 2,362.837 99.900 2,526.036
202012 2,360.446 99.300 2,538.727
202103 2,106.424 99.900 2,251.913
202106 2,104.323 99.500 2,258.711
202109 2,123.143 100.100 2,265.251
202112 2,126.966 100.100 2,269.330
202203 2,146.025 101.100 2,267.018
202206 2,153.376 101.800 2,259.141
202209 2,189.881 103.100 2,268.470
202212 2,203.650 104.100 2,260.805
202303 2,148.290 104.400 2,197.676
202306 2,159.684 105.200 2,192.531
202309 2,203.287 106.200 2,215.735
202312 2,250.371 106.800 2,250.371

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


Cocolonet Co  (TSE:6060) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1018.00/2374.59
=0.43

* 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 Cocolonet Co was 0.48. The lowest was 0.37. And the median was 0.41.


Be Aware

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


Cocolonet Co Cyclically Adjusted Book per Share Related Terms

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


Cocolonet Co (TSE:6060) Business Description

Traded in Other Exchanges
N/A
Address
15-1, Funatomae, Kamata, Fukushima-shi, Fukushima, JPN, 960-0102
Cocolonet Co Ltd is a Japan-based company engaged in providing funeral and wedding services. It is also involved in the wholesale and retail of tombstones; and operation of housing for elderly people.

Cocolonet Co (TSE:6060) Headlines

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