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Japan Post Holdings Co (TSE:6178) Cyclically Adjusted Book per Share : 円3,432.41 (As of Dec. 2023)


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What is Japan Post Holdings 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.

Japan Post Holdings Co's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was 円3,202.941. 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3,432.41 for the trailing ten years ended in Mar. 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 (2024-06-09), Japan Post Holdings Co's current stock price is 円 1489.00. Japan Post Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was 円3,432.41. Japan Post Holdings Co's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Japan Post Holdings Co was 0.44. The lowest was 0.00. And the median was 0.00.


Japan Post Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Japan Post Holdings 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.

Japan Post Holdings Co Cyclically Adjusted Book per Share Chart

Japan Post Holdings 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 - - - - 3,432.41

Japan Post Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 3,432.41

Competitive Comparison of Japan Post Holdings Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Japan Post Holdings 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.


Japan Post Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Japan Post Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Japan Post Holdings 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, Japan Post Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3202.941/107.2000*107.2000
=3,202.941

Current CPI (Mar. 2024) = 107.2000.

Japan Post Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201503 3,399.740 97.900 3,722.698
201603 3,327.370 97.900 3,643.453
201703 3,268.196 98.100 3,571.362
201803 3,278.115 99.200 3,542.479
201903 3,287.868 99.700 3,535.200
202003 2,704.244 100.300 2,890.279
202103 3,411.608 99.900 3,660.905
202203 3,361.063 101.100 3,563.857
202303 2,912.759 104.400 2,990.879
202403 3,202.941 107.200 3,202.941

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


Japan Post Holdings Co  (TSE:6178) 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.

Japan Post Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1489.00/3432.41
=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 10 years, the highest Cyclically Adjusted PB Ratio of Japan Post Holdings Co was 0.44. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Japan Post Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Japan Post Holdings Co (TSE:6178) Business Description

Traded in Other Exchanges
Address
1-3-2 Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-8798
Japan Post Holdings Co Ltd operates as a holding company. The firm through its subsidiaries provides postal, banking, and insurance services in Japan. It is organized into five main reportable segments - Postal and Domestic Logistics, Post Office, International Logistics, Banking, and Life Insurance. The majority of its revenue is derived from the Life Insurance segment. In addition to serving as a holding company, the company operates a hotel and hospital businesses and also provides group shared services.

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