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KOIKENSO KOGYO Co (TSE:6137) Cyclically Adjusted Book per Share : 円1,556.90 (As of Sep. 2024)


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What is KOIKENSO KOGYO 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.

KOIKENSO KOGYO Co's adjusted book value per share for the three months ended in Sep. 2024 was 円1,951.428. 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1,556.90 for the trailing ten years ended in Sep. 2024.

During the past 12 months, KOIKENSO KOGYO Co's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 KOIKENSO KOGYO Co was 5.50% per year. The lowest was 3.20% per year. And the median was 3.85% per year.

As of today (2025-05-30), KOIKENSO KOGYO Co's current stock price is 円1185.00. KOIKENSO KOGYO Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,556.90. KOIKENSO KOGYO Co's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KOIKENSO KOGYO Co was 0.97. The lowest was 0.27. And the median was 0.38.


KOIKENSO KOGYO Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for KOIKENSO KOGYO 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.

KOIKENSO KOGYO Co Cyclically Adjusted Book per Share Chart

KOIKENSO KOGYO Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,260.71 1,292.50 1,347.02 1,430.86 1,516.85

KOIKENSO KOGYO Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1,451.24 1,476.53 1,497.35 1,516.85 1,556.90

Competitive Comparison of KOIKENSO KOGYO Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, KOIKENSO KOGYO 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.


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

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

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


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KOIKENSO KOGYO 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, KOIKENSO KOGYO Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1951.428/108.9000*108.9000
=1,951.428

Current CPI (Sep. 2024) = 108.9000.

KOIKENSO KOGYO Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,191.373 98.500 1,317.163
201412 1,236.487 97.900 1,375.418
201503 1,320.128 97.900 1,468.457
201506 1,314.958 98.400 1,455.274
201509 1,317.519 98.500 1,456.628
201512 1,317.035 98.100 1,462.030
201603 1,324.878 97.900 1,473.741
201606 1,289.221 98.100 1,431.154
201609 1,274.533 98.000 1,416.292
201612 1,306.083 98.400 1,445.452
201703 1,372.457 98.100 1,523.553
201706 1,358.396 98.500 1,501.821
201709 1,367.432 98.800 1,507.220
201712 1,400.773 99.400 1,534.650
201803 1,420.150 99.200 1,559.015
201806 1,386.808 99.200 1,522.413
201809 1,404.784 99.900 1,531.341
201812 1,407.200 99.700 1,537.052
201903 1,410.099 99.700 1,540.218
201906 1,413.385 99.800 1,542.261
201909 1,414.835 100.100 1,539.216
201912 1,430.877 100.500 1,550.473
202003 1,395.515 100.300 1,515.170
202006 1,383.603 99.900 1,508.252
202009 1,379.455 99.900 1,503.730
202012 1,395.611 99.300 1,530.534
202103 1,417.919 99.900 1,545.659
202106 1,423.025 99.500 1,557.462
202109 1,463.054 100.100 1,591.674
202112 1,459.249 100.100 1,587.535
202203 1,477.111 101.100 1,591.072
202206 1,501.488 101.800 1,606.209
202209 1,553.887 103.100 1,641.303
202212 1,590.643 104.100 1,663.987
202303 1,585.155 104.400 1,653.481
202306 1,625.203 105.200 1,682.363
202309 1,709.165 106.200 1,752.618
202312 1,769.077 106.800 1,803.862
202403 1,868.985 107.200 1,898.624
202409 1,951.428 108.900 1,951.428

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


KOIKENSO KOGYO Co  (TSE:6137) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1185.00/1556.90
=0.76

* 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 KOIKENSO KOGYO Co was 0.97. The lowest was 0.27. And the median was 0.38.


Be Aware

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


KOIKENSO KOGYO Co Cyclically Adjusted Book per Share Related Terms

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


KOIKENSO KOGYO Co Business Description

Traded in Other Exchanges
N/A
Address
1-9-3, Onodai, Midori-ku, Chiba-shi, Chiba, JPN, 267-0056
KOIKE SANSO KOGYO Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of processing machines and systems for welding and cutting and related products. The products offered by the company include gas equipment, exhaust gas treatment equipment, cutting and welding machine. The company caters its products and services to shipbuilding, steel bridges, construction machinery, industrial machinery, automobiles, electric products, and semiconductor industries. KOIKE SANSO KOGYO sells its products in Japan and overseas market.

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