GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sansei Technologies Inc (TSE:6357) » Definitions » Cyclically Adjusted Book per Share

Sansei Technologies (TSE:6357) Cyclically Adjusted Book per Share : 円1,700.16 (As of Dec. 2023)


View and export this data going back to 1964. Start your Free Trial

What is Sansei Technologies 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.

Sansei Technologies's adjusted book value per share for the three months ended in Dec. 2023 was 円2,124.220. 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1,700.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sansei Technologies's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Sansei Technologies was 3.60% per year. The lowest was 2.40% per year. And the median was 2.50% per year.

As of today (2024-05-31), Sansei Technologies's current stock price is 円1667.00. Sansei Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,700.16. Sansei Technologies's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sansei Technologies was 1.36. The lowest was 0.35. And the median was 0.58.


Sansei Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sansei Technologies'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.

Sansei Technologies Cyclically Adjusted Book per Share Chart

Sansei Technologies 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 1,453.76 1,474.32 1,525.82 1,614.41 -

Sansei Technologies 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 1,614.41 1,641.05 1,673.59 1,700.16 -

Competitive Comparison of Sansei Technologies's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Sansei Technologies'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.


Sansei Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sansei Technologies's Cyclically Adjusted PB Ratio falls into.



Sansei Technologies 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, Sansei Technologies'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)
=2124.22/106.8000*106.8000
=2,124.220

Current CPI (Dec. 2023) = 106.8000.

Sansei Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,320.755 95.700 1,473.946
201406 1,312.217 98.000 1,430.049
201409 1,320.982 98.500 1,432.293
201412 1,315.218 97.900 1,434.783
201503 1,382.721 97.900 1,508.423
201506 1,360.038 98.400 1,476.139
201509 1,350.007 98.500 1,463.764
201512 1,369.916 98.100 1,491.407
201603 1,396.604 97.900 1,523.568
201606 1,392.617 98.100 1,516.121
201609 1,402.067 98.000 1,527.967
201612 1,434.147 98.400 1,556.574
201703 1,494.124 98.100 1,626.630
201706 1,496.758 98.500 1,622.881
201709 1,509.320 98.800 1,631.532
201712 1,531.613 99.400 1,645.637
201803 1,552.939 99.200 1,671.914
201806 1,561.793 99.200 1,681.446
201809 1,578.716 99.900 1,687.756
201812 1,590.142 99.700 1,703.382
201903 1,651.951 99.700 1,769.592
201906 1,626.993 99.800 1,741.111
201909 1,630.280 100.100 1,739.400
201912 1,573.947 100.500 1,672.612
202003 1,627.596 100.300 1,733.073
202006 1,582.133 99.900 1,691.409
202009 1,597.128 99.900 1,707.440
202012 1,626.406 99.300 1,749.246
202103 1,711.919 99.900 1,830.160
202106 1,701.139 99.500 1,825.946
202109 1,704.012 100.100 1,818.067
202112 1,706.250 100.100 1,820.455
202203 1,787.269 101.100 1,888.035
202206 1,787.353 101.800 1,875.140
202209 1,848.980 103.100 1,915.335
202212 1,843.487 104.100 1,891.301
202303 1,941.677 104.400 1,986.313
202306 1,970.971 105.200 2,000.948
202309 2,108.669 106.200 2,120.582
202312 2,124.220 106.800 2,124.220

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


Sansei Technologies  (TSE:6357) 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.

Sansei Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1667.00/1700.16
=0.98

* 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 Sansei Technologies was 1.36. The lowest was 0.35. And the median was 0.58.


Be Aware

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


Sansei Technologies Cyclically Adjusted Book per Share Related Terms

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


Sansei Technologies (TSE:6357) Business Description

Traded in Other Exchanges
N/A
Address
3-29, 4-Chome, Miyahara, Yodogawa-ku, Osaka, JPN, 532-0003
Sansei Technologies Inc designs, manufactures and maintains amusement rides, stage equipment, elevators and specifically designed equipment. The company's stage equipment used in small halls, for adaptable stages, and in event halls, sports halls, and studios. It also engages in the operation and management of play lands in shopping centers of department stores.

Sansei Technologies (TSE:6357) Headlines

No Headlines