GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AKIBA Holdings Co Ltd (TSE:6840) » Definitions » Cyclically Adjusted Book per Share

AKIBA Holdings Co (TSE:6840) Cyclically Adjusted Book per Share : 円199.11 (As of Sep. 2024)


View and export this data going back to 1998. Start your Free Trial

What is AKIBA Holdings 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.

AKIBA Holdings Co's adjusted book value per share for the three months ended in Sep. 2024 was 円362.831. 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199.11 for the trailing ten years ended in Sep. 2024.

During the past 12 months, AKIBA Holdings Co's average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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 AKIBA Holdings Co was 14.50% per year. The lowest was 2.20% per year. And the median was 9.35% per year.

As of today (2025-05-30), AKIBA Holdings Co's current stock price is 円263.00. AKIBA Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円199.11. AKIBA Holdings Co's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AKIBA Holdings Co was 6.93. The lowest was 0.99. And the median was 2.77.


AKIBA Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for AKIBA Holdings 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.

AKIBA Holdings Co Cyclically Adjusted Book per Share Chart

AKIBA Holdings 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 118.53 126.80 140.87 164.27 190.31

AKIBA Holdings Co 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 170.40 177.24 183.60 190.31 199.11

Competitive Comparison of AKIBA Holdings Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, AKIBA Holdings 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.


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

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

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


;
;

AKIBA Holdings 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, AKIBA Holdings Co'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)
=362.831/108.9000*108.9000
=362.831

Current CPI (Sep. 2024) = 108.9000.

AKIBA Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 117.754 98.500 130.187
201412 115.616 97.900 128.607
201503 111.332 97.900 123.841
201506 113.813 98.400 125.958
201509 113.698 98.500 125.703
201512 114.445 98.100 127.044
201603 117.702 97.900 130.927
201606 112.397 98.100 124.771
201609 114.073 98.000 126.761
201612 115.013 98.400 127.286
201703 88.597 98.100 98.351
201706 83.537 98.500 92.357
201709 76.882 98.800 84.741
201712 75.409 99.400 82.616
201803 86.724 99.200 95.204
201806 81.353 99.200 89.308
201809 82.693 99.900 90.143
201812 92.944 99.700 101.521
201903 113.452 99.700 123.921
201906 117.401 99.800 128.106
201909 165.588 100.100 180.145
201912 178.531 100.500 193.453
202003 184.598 100.300 200.426
202006 191.566 99.900 208.824
202009 199.865 99.900 217.871
202012 212.677 99.300 233.238
202103 222.159 99.900 242.173
202106 230.175 99.500 251.920
202109 232.785 100.100 253.250
202112 255.353 100.100 277.802
202203 264.417 101.100 284.817
202206 274.971 101.800 294.149
202209 295.526 103.100 312.151
202212 318.500 104.100 333.186
202303 340.316 104.400 354.985
202306 356.837 105.200 369.387
202309 368.173 106.200 377.533
202312 373.403 106.800 380.745
202403 372.296 107.200 378.200
202409 362.831 108.900 362.831

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


AKIBA Holdings Co  (TSE:6840) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=263.00/199.11
=1.32

* 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 AKIBA Holdings Co was 6.93. The lowest was 0.99. And the median was 2.77.


Be Aware

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


AKIBA Holdings Co Cyclically Adjusted Book per Share Related Terms

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


AKIBA Holdings Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tsukiji 2-1-17 Sunlight Tsukiji Building, Chuo-ku, Yubinbango, Tokyo, JPN, 104-0045
AKIBA Holdings Co Ltd is engaged in the memory product manufacturing and sales business. In addition, it has a communication consulting business and an HPC business.

AKIBA Holdings Co Headlines

No Headlines