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Obara Group (TSE:6877) Cyclically Adjusted Book per Share : 円3,154.18 (As of Sep. 2024)


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What is Obara Group 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.

Obara Group's adjusted book value per share for the three months ended in Sep. 2024 was 円4,470.260. 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3,154.18 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Obara Group's average Cyclically Adjusted Book Growth Rate was 8.80% 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 11.90% 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 Obara Group was 12.70% per year. The lowest was 9.80% per year. And the median was 11.80% per year.

As of today (2025-05-13), Obara Group's current stock price is 円3745.00. Obara Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円3,154.18. Obara Group's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Obara Group was 5.35. The lowest was 1.01. And the median was 1.63.


Obara Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Obara Group'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.

Obara Group Cyclically Adjusted Book per Share Chart

Obara Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,023.52 2,242.36 2,568.29 2,899.57 3,154.18

Obara Group 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 2,810.37 2,899.57 2,972.70 3,043.99 3,154.18

Competitive Comparison of Obara Group's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, Obara Group'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.


Obara Group's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Obara Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Obara Group 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, Obara Group'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)
=4470.26/108.9000*108.9000
=4,470.260

Current CPI (Sep. 2024) = 108.9000.

Obara Group Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,959.067 98.500 2,165.913
201412 2,093.523 97.900 2,328.750
201503 2,117.513 97.900 2,355.436
201506 2,058.653 98.400 2,278.326
201509 2,131.239 98.500 2,356.263
201512 1,970.686 98.100 2,187.642
201603 1,937.715 97.900 2,155.436
201606 1,797.440 98.100 1,995.323
201609 1,906.511 98.000 2,118.562
201612 2,100.705 98.400 2,324.866
201703 2,175.770 98.100 2,415.304
201706 2,256.192 98.500 2,494.409
201709 2,381.499 98.800 2,624.952
201712 2,518.944 99.400 2,759.688
201803 2,526.270 99.200 2,773.294
201806 2,571.757 99.200 2,823.229
201809 2,655.193 99.900 2,894.400
201812 2,648.774 99.700 2,893.194
201903 2,777.931 99.700 3,034.270
201906 2,730.219 99.800 2,979.167
201909 2,773.998 100.100 3,017.866
201912 2,847.853 100.500 3,085.883
202003 2,845.467 100.300 3,089.445
202006 2,887.346 99.900 3,147.467
202009 2,967.502 99.900 3,234.845
202012 3,020.612 99.300 3,312.635
202103 3,183.458 99.900 3,470.256
202106 3,296.331 99.500 3,607.743
202109 3,376.732 100.100 3,673.588
202112 3,443.900 100.100 3,746.660
202203 3,690.370 101.100 3,975.087
202206 3,909.108 101.800 4,181.747
202209 4,044.333 103.100 4,271.851
202212 3,952.423 104.100 4,134.667
202303 4,113.408 104.400 4,290.710
202306 4,256.265 105.200 4,405.963
202309 4,276.456 106.200 4,385.179
202312 4,187.124 106.800 4,269.455
202403 4,368.022 107.200 4,437.291
202409 4,470.260 108.900 4,470.260

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


Obara Group  (TSE:6877) 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.

Obara Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3745.00/3154.18
=1.19

* 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 Obara Group was 5.35. The lowest was 1.01. And the median was 1.63.


Be Aware

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


Obara Group Cyclically Adjusted Book per Share Related Terms

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


Obara Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-2-37 Oogami, Ayase-shi, Kanagawa, JPN, 252-1104
Obara Group Inc is a Japanese supplier of welding and polishing solutions. The company offers resistance welding systems for the automotive industry and arc welding tools for the shipbuilding and construction industries. The polishing business sells polishing machines under the SpeedFam brand primarily to electronic and precision industries, including the treatment of silicon wafers, mobile phones and personal computer electronics, flat panels, memory disks, and opto-electronic parts.

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