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Seiko Epson (TSE:6724) Cyclically Adjusted Book per Share : 円1,889.54 (As of Mar. 2025)


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What is Seiko Epson 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.

Seiko Epson's adjusted book value per share for the three months ended in Mar. 2025 was 円2,512.149. 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1,889.54 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Seiko Epson's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 Seiko Epson was 12.10% per year. The lowest was 6.20% per year. And the median was 10.20% per year.

As of today (2025-05-27), Seiko Epson's current stock price is 円1855.50. Seiko Epson's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円1,889.54. Seiko Epson's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seiko Epson was 2.83. The lowest was 0.86. And the median was 1.48.


Seiko Epson Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson Cyclically Adjusted Book per Share Chart

Seiko Epson 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 1,219.25 1,344.30 1,534.74 1,716.70 1,889.54

Seiko Epson 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 1,716.70 1,765.53 1,803.51 1,859.22 1,889.54

Competitive Comparison of Seiko Epson's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Seiko Epson 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, Seiko Epson'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)
=2512.149/111.1000*111.1000
=2,512.149

Current CPI (Mar. 2025) = 111.1000.

Seiko Epson Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,396.971 98.400 1,577.271
201509 1,387.006 98.500 1,564.430
201512 1,449.568 98.100 1,641.662
201603 1,307.580 97.900 1,483.883
201606 1,185.114 98.100 1,342.163
201609 1,204.520 98.000 1,365.532
201612 1,365.138 98.400 1,541.330
201703 1,397.399 98.100 1,582.579
201706 1,408.156 98.500 1,588.286
201709 1,397.399 98.800 1,571.367
201712 1,491.402 99.400 1,666.949
201803 1,455.664 99.200 1,630.285
201806 1,475.568 99.200 1,652.577
201809 1,520.792 99.900 1,691.291
201812 1,513.064 99.700 1,686.072
201903 1,533.573 99.700 1,708.926
201906 1,478.452 99.800 1,645.852
201909 1,511.391 100.100 1,677.478
201912 1,536.152 100.500 1,698.174
202003 1,456.204 100.300 1,613.004
202006 1,437.249 99.900 1,598.382
202009 1,452.165 99.900 1,614.970
202012 1,474.785 99.300 1,650.036
202103 1,592.363 99.900 1,770.886
202106 1,622.700 99.500 1,811.879
202109 1,683.169 100.100 1,868.133
202112 1,758.965 100.100 1,952.258
202203 1,923.675 101.100 2,113.949
202206 2,067.287 101.800 2,256.145
202209 2,177.337 103.100 2,346.287
202212 2,093.799 104.100 2,234.592
202303 2,194.018 104.400 2,334.822
202306 2,319.086 105.200 2,449.149
202309 2,372.298 106.200 2,481.754
202312 2,335.179 106.800 2,429.198
202403 2,445.524 107.200 2,534.494
202406 2,556.908 108.200 2,625.439
202409 2,430.649 108.900 2,479.753
202412 2,578.881 110.700 2,588.199
202503 2,512.149 111.100 2,512.149

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


Seiko Epson  (TSE:6724) 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.

Seiko Epson's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1855.50/1889.54
=0.98

* 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 Seiko Epson was 2.83. The lowest was 0.86. And the median was 1.48.


Be Aware

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


Seiko Epson Cyclically Adjusted Book per Share Related Terms

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


Seiko Epson Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seiko Epson Corp (TSE:6724) » Definitions » Cyclically Adjusted Book per Share
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Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.

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