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MCJ Co (TSE:6670) Cyclically Adjusted Book per Share : 円527.80 (As of Mar. 2025)


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What is MCJ 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.

MCJ Co's adjusted book value per share for the three months ended in Mar. 2025 was 円914.422. 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527.80 for the trailing ten years ended in Mar. 2025.

During the past 12 months, MCJ Co'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 MCJ Co was 16.30% per year. The lowest was 11.30% per year. And the median was 14.00% per year.

As of today (2025-06-27), MCJ Co's current stock price is 円1304.00. MCJ Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円527.80. MCJ Co's Cyclically Adjusted PB Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MCJ Co was 4.69. The lowest was 2.01. And the median was 3.10.


MCJ Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for MCJ 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.

MCJ Co Cyclically Adjusted Book per Share Chart

MCJ Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 289.97 333.57 391.45 456.72 527.80

MCJ Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 456.72 - 485.80 509.43 527.80

Competitive Comparison of MCJ Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, MCJ 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.


MCJ Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MCJ Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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MCJ 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, MCJ Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=914.422/111.1000*111.1000
=914.422

Current CPI (Mar. 2025) = 111.1000.

MCJ Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 226.682 98.400 255.939
201509 238.280 98.500 268.760
201512 245.926 98.100 278.516
201603 251.444 97.900 285.347
201606 257.819 98.100 291.985
201609 263.447 98.000 298.663
201612 272.092 98.400 307.210
201703 290.059 98.100 328.497
201706 288.600 98.500 325.517
201709 307.066 98.800 345.294
201712 329.463 99.400 368.243
201803 351.701 99.200 393.891
201806 351.504 99.200 393.670
201809 361.791 99.900 402.352
201812 385.056 99.700 429.084
201903 392.366 99.700 437.230
201906 390.490 99.800 434.704
201909 412.168 100.100 457.461
201912 420.873 100.500 465.264
202003 441.554 100.300 489.099
202006 456.528 99.900 507.710
202009 480.083 99.900 533.906
202012 507.233 99.300 567.508
202103 525.104 99.900 583.975
202106 534.370 99.500 596.668
202109 554.857 100.100 615.830
202112 574.488 100.100 637.619
202203 595.104 101.100 653.967
202206 603.638 101.800 658.784
202209 642.603 103.100 692.466
202212 664.634 104.100 709.326
202303 684.090 104.400 727.992
202306 695.234 105.200 734.225
202309 751.168 106.200 785.826
202312 787.317 106.800 819.016
202403 805.819 107.200 835.135
202406 0.000 108.200 0.000
202409 868.908 108.900 886.462
202412 863.483 110.700 866.603
202503 914.422 111.100 914.422

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


MCJ Co  (TSE:6670) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1304.00/527.80
=2.47

* 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 MCJ Co was 4.69. The lowest was 2.01. And the median was 3.10.


Be Aware

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


MCJ Co Cyclically Adjusted Book per Share Related Terms

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


MCJ Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MCJ Co Ltd (TSE:6670) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
6-9-21 Midori-cho, Kasukabe, JPN
MCJ Co Ltd is engaged in PC manufacturing business. It also manufactures monitors and distributes PC peripherals, as well as engages in publishing business.

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