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Yamada (TSE:6392) Cyclically Adjusted Book per Share : 円4,454.49 (As of Sep. 2024)


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What is Yamada 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.

Yamada's adjusted book value per share for the three months ended in Sep. 2024 was 円6,554.335. 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4,454.49 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Yamada's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% 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 Yamada was 12.60% per year. The lowest was 9.90% per year. And the median was 11.25% per year.

As of today (2025-05-29), Yamada's current stock price is 円5040.00. Yamada's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円4,454.49. Yamada's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yamada was 1.45. The lowest was 0.66. And the median was 0.91.


Yamada Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yamada'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.

Yamada Cyclically Adjusted Book per Share Chart

Yamada 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 2,725.24 3,002.68 3,354.60 3,812.39 4,288.56

Yamada 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 3,931.16 4,063.18 4,177.24 4,288.56 4,454.49

Competitive Comparison of Yamada's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Yamada'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.


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

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

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


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Yamada 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, Yamada'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)
=6554.335/108.9000*108.9000
=6,554.335

Current CPI (Sep. 2024) = 108.9000.

Yamada Quarterly Data

Book Value per Share CPI Adj_Book
201409 2,515.511 98.500 2,781.108
201412 2,663.051 97.900 2,962.270
201503 2,759.921 97.900 3,070.024
201506 2,791.227 98.400 3,089.071
201509 2,858.122 98.500 3,159.893
201512 2,887.510 98.100 3,205.401
201603 2,911.802 97.900 3,238.971
201606 2,826.838 98.100 3,138.050
201609 2,879.514 98.000 3,199.786
201612 3,006.641 98.400 3,327.472
201703 3,059.167 98.100 3,395.956
201706 3,138.230 98.500 3,469.576
201709 3,269.789 98.800 3,604.049
201712 3,367.517 99.400 3,689.362
201803 3,492.714 99.200 3,834.239
201806 3,604.876 99.200 3,957.369
201809 3,798.988 99.900 4,141.239
201812 3,828.805 99.700 4,182.115
201903 3,956.452 99.700 4,321.541
201906 3,998.965 99.800 4,363.600
201909 4,067.734 100.100 4,425.337
201912 4,170.125 100.500 4,518.673
202003 4,204.072 100.300 4,564.541
202006 4,228.623 99.900 4,609.580
202009 4,319.403 99.900 4,708.538
202012 4,357.416 99.300 4,778.677
202103 4,531.434 99.900 4,939.671
202106 4,604.706 99.500 5,039.723
202109 4,728.246 100.100 5,143.916
202112 4,844.864 100.100 5,270.786
202203 5,007.492 101.100 5,393.827
202206 5,191.362 101.800 5,553.431
202209 5,413.038 103.100 5,717.554
202212 5,431.532 104.100 5,681.977
202303 5,622.467 104.400 5,864.815
202306 5,862.972 105.200 6,069.179
202309 6,155.335 106.200 6,311.827
202312 6,194.378 106.800 6,316.178
202403 6,483.052 107.200 6,585.862
202409 6,554.335 108.900 6,554.335

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


Yamada  (TSE:6392) 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.

Yamada's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5040.00/4454.49
=1.13

* 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 Yamada was 1.45. The lowest was 0.66. And the median was 0.91.


Be Aware

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


Yamada Cyclically Adjusted Book per Share Related Terms

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


Yamada Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.1-3, 1-Chome, MinamiMagome, Ota-ku, Tokyo, JPN, 143-8504
Yamada Corp is engaged in the manufacturing and sale of pneumatic, hydraulic, electric driven and other types of pumps and associated equipment. It is also engaged in the manufacture and sales of transfer, spray and suction pumps and equipment for gas, liquid, powder, viscose and granulated materials.

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