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Sinko Industries (TSE:6458) Cyclically Adjusted Book per Share : 円585.72 (As of Sep. 2024)


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What is Sinko Industries 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.

Sinko Industries's adjusted book value per share for the three months ended in Sep. 2024 was 円831.672. 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585.72 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Sinko Industries's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Sinko Industries was 12.10% per year. The lowest was 10.20% per year. And the median was 11.25% per year.

As of today (2025-05-28), Sinko Industries's current stock price is 円1209.00. Sinko Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円585.72. Sinko Industries's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sinko Industries was 2.88. The lowest was 0.97. And the median was 1.61.


Sinko Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sinko Industries'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.

Sinko Industries Cyclically Adjusted Book per Share Chart

Sinko Industries 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 363.41 401.13 449.12 505.94 564.66

Sinko Industries 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 520.65 536.55 550.74 564.66 585.72

Competitive Comparison of Sinko Industries's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Sinko Industries'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.


Sinko Industries's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sinko Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Sinko Industries 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, Sinko Industries'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)
=831.672/108.9000*108.9000
=831.672

Current CPI (Sep. 2024) = 108.9000.

Sinko Industries Quarterly Data

Book Value per Share CPI Adj_Book
201409 342.530 98.500 378.696
201412 352.031 97.900 391.585
201503 351.073 97.900 390.519
201506 391.488 98.400 433.263
201509 358.916 98.500 396.812
201512 370.582 98.100 411.380
201603 387.888 97.900 431.471
201606 386.457 98.100 429.003
201609 383.756 98.000 426.439
201612 391.137 98.400 432.874
201703 425.720 98.100 472.588
201706 430.049 98.500 475.455
201709 440.902 98.800 485.974
201712 457.280 99.400 500.984
201803 471.804 99.200 517.938
201806 469.628 99.200 515.549
201809 485.745 99.900 529.506
201812 486.168 99.700 531.030
201903 508.032 99.700 554.912
201906 514.965 99.800 561.921
201909 537.182 100.100 584.407
201912 558.759 100.500 605.461
202003 565.378 100.300 613.855
202006 567.353 99.900 618.466
202009 582.634 99.900 635.124
202012 601.257 99.300 659.385
202103 631.270 99.900 688.141
202106 632.147 99.500 691.867
202109 651.241 100.100 708.493
202112 656.236 100.100 713.927
202203 671.671 101.100 723.491
202206 665.545 101.800 711.963
202209 680.952 103.100 719.260
202212 689.134 104.100 720.910
202303 728.998 104.400 760.420
202306 745.038 105.200 771.242
202309 757.610 106.200 776.871
202312 774.734 106.800 789.968
202403 823.078 107.200 836.131
202409 831.672 108.900 831.672

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


Sinko Industries  (TSE:6458) 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.

Sinko Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1209.00/585.72
=2.06

* 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 Sinko Industries was 2.88. The lowest was 0.97. And the median was 1.61.


Be Aware

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


Sinko Industries Cyclically Adjusted Book per Share Related Terms

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


Sinko Industries Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-4-5 Minamimori-machi, Kita-ku, Osaka, JPN, 5300054
Sinko Industries Ltd manufactures and sells air-conditioning equipment. Its product offerings include heat pump air conditioner, fan coil unit (FCU), unit heater, air terminal unit, air clinic, among others. Sinko goods can be applied in hospital, office, factory, warehouse, hotel, data center, airports, commercial facilities and government buildings. The company has the global market presence and sells its products in Japan and overseas markets including Australia, Bangladesh, Bahrain, India, Indonesia, Kuwait, Singapore, Thailand, United Arab Emirates and Vietnam.

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