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Gamecard-Joyco Holdings (TSE:6249) Cyclically Adjusted Book per Share : 円3,141.34 (As of Dec. 2023)


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What is Gamecard-Joyco Holdings 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.

Gamecard-Joyco Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円3,654.290. 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3,141.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gamecard-Joyco Holdings's average Cyclically Adjusted Book Growth Rate was 3.10% 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 (2024-05-16), Gamecard-Joyco Holdings's current stock price is 円2354.00. Gamecard-Joyco Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,141.34. Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Gamecard-Joyco Holdings was 1.59. The lowest was 0.34. And the median was 0.44.


Gamecard-Joyco Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gamecard-Joyco Holdings'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.

Gamecard-Joyco Holdings Cyclically Adjusted Book per Share Chart

Gamecard-Joyco Holdings 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 - - 2,921.65 2,964.73 3,055.70

Gamecard-Joyco Holdings 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 3,047.28 3,055.70 3,081.18 3,115.21 3,141.34

Competitive Comparison of Gamecard-Joyco Holdings's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, Gamecard-Joyco Holdings'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.


Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio falls into.



Gamecard-Joyco Holdings 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, Gamecard-Joyco Holdings'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)
=3654.29/106.8000*106.8000
=3,654.290

Current CPI (Dec. 2023) = 106.8000.

Gamecard-Joyco Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,933.134 95.700 3,273.341
201406 2,925.772 98.000 3,188.494
201409 2,930.891 98.500 3,177.859
201412 2,921.496 97.900 3,187.087
201503 2,893.521 97.900 3,156.568
201506 2,881.392 98.400 3,127.364
201509 2,879.499 98.500 3,122.137
201512 2,791.578 98.100 3,039.149
201603 2,684.237 97.900 2,928.259
201606 2,678.838 98.100 2,916.411
201609 2,706.042 98.000 2,949.034
201612 2,724.691 98.400 2,957.287
201703 2,653.948 98.100 2,889.313
201706 2,672.879 98.500 2,898.106
201709 2,721.256 98.800 2,941.601
201712 2,747.267 99.400 2,951.792
201803 2,771.316 99.200 2,983.635
201806 2,803.497 99.200 3,018.281
201809 2,837.922 99.900 3,033.935
201812 2,851.103 99.700 3,054.140
201903 2,836.169 99.700 3,038.143
201906 2,845.003 99.800 3,044.552
201909 2,918.443 100.100 3,113.783
201912 2,913.411 100.500 3,096.043
202003 2,919.089 100.300 3,108.262
202006 2,896.736 99.900 3,096.811
202009 2,990.202 99.900 3,196.732
202012 2,987.151 99.300 3,212.767
202103 3,009.640 99.900 3,217.513
202106 3,064.439 99.500 3,289.267
202109 3,067.812 100.100 3,273.150
202112 3,086.628 100.100 3,293.225
202203 3,090.031 101.100 3,264.246
202206 3,071.130 101.800 3,221.971
202209 3,059.921 103.100 3,169.734
202212 3,246.298 104.100 3,330.496
202303 3,233.144 104.400 3,307.469
202306 3,357.444 105.200 3,408.508
202309 3,503.093 106.200 3,522.884
202312 3,654.290 106.800 3,654.290

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


Gamecard-Joyco Holdings  (TSE:6249) 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.

Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2354.00/3141.34
=0.75

* 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 Gamecard-Joyco Holdings was 1.59. The lowest was 0.34. And the median was 0.44.


Be Aware

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


Gamecard-Joyco Holdings Cyclically Adjusted Book per Share Related Terms

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


Gamecard-Joyco Holdings (TSE:6249) Business Description

Traded in Other Exchanges
N/A
Address
No. 22-22, Ueno Taito-ku, Sakura Park Building, Tokyo, JPN, 110-0005
Gamecard-Joyco Holdings Inc is engaged in the game card and the Joyco businesses.

Gamecard-Joyco Holdings (TSE:6249) Headlines

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