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Yuken Kogyo Co (TSE:6393) Cyclically Adjusted Book per Share : 円4,438.01 (As of Mar. 2024)


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What is Yuken Kogyo 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.

Yuken Kogyo Co's adjusted book value per share for the three months ended in Mar. 2024 was 円5,734.825. 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4,438.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yuken Kogyo Co's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Yuken Kogyo Co was 7.80% per year. The lowest was 3.80% per year. And the median was 5.60% per year.

As of today (2024-09-22), Yuken Kogyo Co's current stock price is 円2218.00. Yuken Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円4,438.01. Yuken Kogyo Co's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yuken Kogyo Co was 0.95. The lowest was 0.36. And the median was 0.49.


Yuken Kogyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yuken Kogyo 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.

Yuken Kogyo Co Cyclically Adjusted Book per Share Chart

Yuken Kogyo 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 3,415.45 3,540.03 3,763.35 4,115.82 4,438.01

Yuken Kogyo 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 4,115.82 4,197.90 4,291.57 4,368.55 4,438.01

Competitive Comparison of Yuken Kogyo Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Yuken Kogyo 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.


Yuken Kogyo Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Yuken Kogyo 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, Yuken Kogyo 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)
=5734.825/107.2000*107.2000
=5,734.825

Current CPI (Mar. 2024) = 107.2000.

Yuken Kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,150.940 98.000 3,446.743
201409 3,220.358 98.500 3,504.796
201412 3,438.703 97.900 3,765.362
201503 3,603.857 97.900 3,946.205
201506 3,647.201 98.400 3,973.373
201509 3,684.006 98.500 4,009.395
201512 3,654.374 98.100 3,993.363
201603 3,591.775 97.900 3,932.975
201606 3,359.648 98.100 3,671.297
201609 3,286.840 98.000 3,595.400
201612 3,430.075 98.400 3,736.830
201703 3,667.316 98.100 4,007.505
201706 3,627.493 98.500 3,947.891
201709 3,750.979 98.800 4,069.888
201712 3,929.285 99.400 4,237.619
201803 4,023.632 99.200 4,348.118
201806 3,912.411 99.200 4,227.928
201809 4,055.942 99.900 4,352.322
201812 4,067.219 99.700 4,373.178
201903 4,097.408 99.700 4,405.638
201906 4,046.206 99.800 4,346.225
201909 4,027.171 100.100 4,312.814
201912 4,060.750 100.500 4,331.467
202003 4,072.323 100.300 4,352.473
202006 3,956.234 99.900 4,245.328
202009 4,027.433 99.900 4,321.730
202012 4,083.819 99.300 4,408.715
202103 4,225.135 99.900 4,533.879
202106 4,330.760 99.500 4,665.904
202109 4,448.194 100.100 4,763.700
202112 4,494.594 100.100 4,813.391
202203 4,750.007 101.100 5,036.605
202206 4,912.827 101.800 5,173.429
202209 5,176.176 103.100 5,382.018
202212 5,336.261 104.100 5,495.170
202303 5,325.862 104.400 5,468.701
202306 5,251.129 105.200 5,350.960
202309 5,526.027 106.200 5,578.061
202312 5,637.976 106.800 5,659.092
202403 5,734.825 107.200 5,734.825

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


Yuken Kogyo Co  (TSE:6393) 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.

Yuken Kogyo Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2218.00/4438.01
=0.50

* 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 Yuken Kogyo Co was 0.95. The lowest was 0.36. And the median was 0.49.


Be Aware

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


Yuken Kogyo Co Cyclically Adjusted Book per Share Related Terms

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


Yuken Kogyo Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-4-34,Kamitsuchidana - Naka, Kanagawa Prefecture, Ayase, JPN, 252-1113
Yuken Kogyo Co Ltd is a Japan-based company. It is mainly engaged in the manufacture and sale of hydraulic products and environmental products. It operates in three business divisions including Hydraulic Equipment business, Hydraulic System business, and, Environmental Machinery business. Products offered by Yuken Kogyo include hydraulic pumps, hydraulic motors, proportional electro-hydraulic controls, pressure control valves, flow control valves, directional control valves modular valves, garbage compactor, and separators. It offers hydraulic systems for industrial machine, marine use, special hydraulic power units, and various standard power packs. The company has overseas sales network in China, Asia, America, Europe, and Africa.

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