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SAXA Holdings (TSE:6675) Cyclically Adjusted Book per Share : 円4,181.95 (As of Dec. 2023)


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What is SAXA Holdings 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.

SAXA Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円4,517.827. 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4,181.95 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SAXA Holdings's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.60% 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 SAXA Holdings was 0.90% per year. The lowest was 0.20% per year. And the median was 0.40% per year.

As of today (2024-05-22), SAXA Holdings's current stock price is 円2699.00. SAXA Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,181.95. SAXA Holdings's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SAXA Holdings was 0.78. The lowest was 0.29. And the median was 0.43.


SAXA Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for SAXA Holdings'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.

SAXA Holdings Cyclically Adjusted Book per Share Chart

SAXA Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,937.55 3,973.57 3,942.40 3,979.30 4,078.24

SAXA Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4,069.43 4,078.24 4,111.54 4,155.23 4,181.95

Competitive Comparison of SAXA Holdings's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, SAXA Holdings'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.


SAXA Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



SAXA Holdings 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, SAXA Holdings'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)
=4517.827/106.8000*106.8000
=4,517.827

Current CPI (Dec. 2023) = 106.8000.

SAXA Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,887.832 95.700 4,338.772
201406 3,670.084 98.000 3,999.643
201409 3,753.781 98.500 4,070.089
201412 3,712.613 97.900 4,050.123
201503 3,868.469 97.900 4,220.148
201506 3,646.878 98.400 3,958.197
201509 3,634.284 98.500 3,940.523
201512 3,750.185 98.100 4,082.770
201603 3,758.600 97.900 4,100.291
201606 3,715.016 98.100 4,044.482
201609 3,726.933 98.000 4,061.596
201612 3,783.286 98.400 4,106.249
201703 3,867.056 98.100 4,210.006
201706 3,839.678 98.500 4,163.224
201709 3,858.158 98.800 4,170.559
201712 3,906.413 99.400 4,197.232
201803 3,967.018 99.200 4,270.943
201806 3,928.512 99.200 4,229.487
201809 3,993.545 99.900 4,269.375
201812 3,980.025 99.700 4,263.457
201903 3,843.277 99.700 4,116.971
201906 4,025.923 99.800 4,308.302
201909 4,101.070 100.100 4,375.567
201912 4,168.685 100.500 4,430.006
202003 3,821.321 100.300 4,068.964
202006 3,824.574 99.900 4,088.734
202009 3,639.663 99.900 3,891.051
202012 3,748.555 99.300 4,031.678
202103 3,909.190 99.900 4,179.194
202106 3,871.350 99.500 4,155.379
202109 3,900.458 100.100 4,161.528
202112 3,904.910 100.100 4,166.278
202203 4,023.405 101.100 4,250.244
202206 3,859.530 101.800 4,049.094
202209 3,934.973 103.100 4,076.189
202212 4,123.873 104.100 4,230.832
202303 4,262.919 104.400 4,360.917
202306 4,449.745 105.200 4,517.422
202309 4,529.202 106.200 4,554.791
202312 4,517.827 106.800 4,517.827

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


SAXA Holdings  (TSE:6675) 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.

SAXA Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2699.00/4181.95
=0.65

* 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 SAXA Holdings was 0.78. The lowest was 0.29. And the median was 0.43.


Be Aware

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


SAXA Holdings Cyclically Adjusted Book per Share Related Terms

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


SAXA Holdings (TSE:6675) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SAXA Holdings Inc (TSE:6675) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
NBF Platinum Tower 1-17-3, Shirokane, Minato-ku, Tokyo, JPN, 108-8050
SAXA Holdings Inc. is engaged in the development, manufacture, and sale of information communications equipment and components, as well as the provision of related services.

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