GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rheon Automatic Machinery Co Ltd (TSE:6272) » Definitions » Cyclically Adjusted Book per Share

Rheon Automatic Machinery Co (TSE:6272) Cyclically Adjusted Book per Share : 円959.19 (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Rheon Automatic Machinery 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.

Rheon Automatic Machinery Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,336.554. 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959.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rheon Automatic Machinery Co's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Rheon Automatic Machinery Co was 10.20% per year. The lowest was 6.60% per year. And the median was 8.15% per year.

As of today (2024-09-20), Rheon Automatic Machinery Co's current stock price is 円1394.00. Rheon Automatic Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円959.19. Rheon Automatic Machinery Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rheon Automatic Machinery Co was 4.05. The lowest was 1.19. And the median was 1.71.


Rheon Automatic Machinery Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rheon Automatic Machinery 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.

Rheon Automatic Machinery Co Cyclically Adjusted Book per Share Chart

Rheon Automatic Machinery 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 671.41 716.71 779.79 867.87 959.19

Rheon Automatic Machinery Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 891.22 916.60 937.73 959.19 -

Competitive Comparison of Rheon Automatic Machinery Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Rheon Automatic Machinery 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.


Rheon Automatic Machinery Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Rheon Automatic Machinery 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, Rheon Automatic Machinery Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1336.554/107.2000*107.2000
=1,336.554

Current CPI (Mar. 2024) = 107.2000.

Rheon Automatic Machinery Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 558.281 98.000 610.691
201409 599.912 98.500 652.899
201412 637.104 97.900 697.626
201503 669.842 97.900 733.474
201506 671.153 98.400 731.175
201509 697.615 98.500 759.232
201512 704.722 98.100 770.094
201603 692.200 97.900 757.955
201606 671.242 98.100 733.508
201609 707.089 98.000 773.469
201612 749.142 98.400 816.138
201703 758.685 98.100 829.063
201706 771.626 98.500 839.780
201709 807.430 98.800 876.078
201712 831.079 99.400 896.294
201803 831.981 99.200 899.076
201806 844.221 99.200 912.303
201809 875.104 99.900 939.051
201812 883.412 99.700 949.867
201903 891.315 99.700 958.365
201906 887.099 99.800 952.876
201909 920.784 100.100 986.094
201912 923.796 100.500 985.382
202003 926.090 100.300 989.799
202006 913.359 99.900 980.101
202009 972.221 99.900 1,043.264
202012 949.385 99.300 1,024.915
202103 993.816 99.900 1,066.437
202106 985.077 99.500 1,061.309
202109 1,023.217 100.100 1,095.793
202112 1,030.311 100.100 1,103.390
202203 1,058.672 101.100 1,122.548
202206 1,088.237 101.800 1,145.963
202209 1,132.215 103.100 1,177.240
202212 1,135.978 104.100 1,169.806
202303 1,170.747 104.400 1,202.146
202306 1,207.813 105.200 1,230.775
202309 1,273.198 106.200 1,285.187
202312 1,267.256 106.800 1,272.002
202403 1,336.554 107.200 1,336.554

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


Rheon Automatic Machinery Co  (TSE:6272) 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.

Rheon Automatic Machinery Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1394.00/959.19
=1.45

* 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 Rheon Automatic Machinery Co was 4.05. The lowest was 1.19. And the median was 1.71.


Be Aware

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


Rheon Automatic Machinery Co Cyclically Adjusted Book per Share Related Terms

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


Rheon Automatic Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
1-12-5 Higashi Azabu, Minato-ku, Tokyo, JPN, 320-0071
Rheon Automatic Machinery Co Ltd is a Japanese company engaged in developing, manufacturing and supplying a wide range of food processing machines, and factory systems. It develops fully automated croissant production line and automatic filled product machine. The entity sells its products in Japan, and also exports it to other countries. It offers products like encrusting machines and bread production line. The encrusting machines produce confectionery, bread and prepared products, whereas the products produced by bread production line are croissant, Danish pastry, puff pastry, loaf bread, and pizza, among other products. The equipment portfolio of the company includes equipment for encrusting, bread production, cornucopia, meat processing, pizza production, robot arm, and others.

Rheon Automatic Machinery Co Headlines

No Headlines