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Universal Engeisha Co (TSE:6061) Cyclically Adjusted Book per Share : 円1,576.50 (As of Dec. 2023)


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What is Universal Engeisha 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.

Universal Engeisha Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,330.537. 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1,576.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Universal Engeisha Co's average Cyclically Adjusted Book Growth Rate was 11.10% 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 (2024-05-14), Universal Engeisha Co's current stock price is 円3430.00. Universal Engeisha Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,576.50. Universal Engeisha Co's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Universal Engeisha Co was 3.28. The lowest was 1.49. And the median was 2.15.


Universal Engeisha Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Universal Engeisha 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.

Universal Engeisha Co Cyclically Adjusted Book per Share Chart

Universal Engeisha Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,345.43 1,492.74

Universal Engeisha 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 1,419.02 1,451.88 1,492.74 1,536.88 1,576.50

Competitive Comparison of Universal Engeisha Co's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Universal Engeisha 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.


Universal Engeisha Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Universal Engeisha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Universal Engeisha 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, Universal Engeisha 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)
=2330.537/106.8000*106.8000
=2,330.537

Current CPI (Dec. 2023) = 106.8000.

Universal Engeisha Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 995.206 95.700 1,110.637
201406 1,013.528 98.000 1,104.539
201409 1,023.321 98.500 1,109.550
201412 1,046.941 97.900 1,142.117
201503 1,061.098 97.900 1,157.561
201506 1,095.474 98.400 1,188.990
201509 1,106.410 98.500 1,199.640
201512 1,136.113 98.100 1,236.869
201603 1,155.080 97.900 1,260.087
201606 1,160.979 98.100 1,263.940
201609 1,158.339 98.000 1,262.353
201612 1,184.156 98.400 1,285.242
201703 1,264.439 98.100 1,376.576
201706 1,280.080 98.500 1,387.945
201709 1,279.941 98.800 1,383.580
201712 1,318.238 99.400 1,416.376
201803 1,317.686 99.200 1,418.638
201806 1,340.109 99.200 1,442.779
201809 1,339.290 99.900 1,431.794
201812 1,376.451 99.700 1,474.473
201903 1,418.741 99.700 1,519.775
201906 1,431.519 99.800 1,531.926
201909 1,418.021 100.100 1,512.933
201912 1,461.236 100.500 1,552.836
202003 1,542.098 100.300 1,642.035
202006 1,539.331 99.900 1,645.651
202009 1,551.261 99.900 1,658.405
202012 1,601.428 99.300 1,722.382
202103 1,658.578 99.900 1,773.134
202106 1,677.693 99.500 1,800.780
202109 1,696.916 100.100 1,810.496
202112 1,781.174 100.100 1,900.393
202203 1,871.787 101.100 1,977.318
202206 1,954.362 101.800 2,050.352
202209 1,994.406 103.100 2,065.980
202212 2,087.533 104.100 2,141.677
202303 2,168.654 104.400 2,218.508
202306 2,244.171 105.200 2,278.303
202309 2,260.072 106.200 2,272.841
202312 2,330.537 106.800 2,330.537

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


Universal Engeisha Co  (TSE:6061) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3430.00/1576.5
=2.18

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Universal Engeisha Co was 3.28. The lowest was 1.49. And the median was 2.15.


Be Aware

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


Universal Engeisha Co Cyclically Adjusted Book per Share Related Terms

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


Universal Engeisha Co (TSE:6061) Business Description

Traded in Other Exchanges
N/A
Address
Ibaraki-shi Saho 193-2, Osaka prefecture, Osaka, JPN, 568-0095
Universal Engeisha Co Ltd is a Japan-based company engaged in various businesses comprising Rental Green (rental planting) business, Rental flower business, Flower arrangement, Rental flower bed and Gift business. It is also engaged in Landscaping business, Special greening project Artificial tree business, Shop business and Short-term Green Flower Display at various events, exhibitions and studios. The company also has an online store business.

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