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Ushio (TSE:6925) Cyclically Adjusted Book per Share : 円2,005.69 (As of Mar. 2025)


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What is Ushio 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.

Ushio's adjusted book value per share for the three months ended in Mar. 2025 was 円2,263.213. 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2,005.69 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ushio's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Ushio was 6.70% per year. The lowest was 3.40% per year. And the median was 5.10% per year.

As of today (2025-07-07), Ushio's current stock price is 円1765.00. Ushio's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円2,005.69. Ushio's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ushio was 1.43. The lowest was 0.64. And the median was 1.02.


Ushio Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ushio'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.

Ushio Cyclically Adjusted Book per Share Chart

Ushio 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 1,569.80 1,651.60 1,777.83 1,890.28 2,005.69

Ushio 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 1,890.28 - 1,942.71 1,988.59 2,005.69

Competitive Comparison of Ushio's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Ushio'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.


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

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

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


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Ushio 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, Ushio'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)
=2263.213/111.1000*111.1000
=2,263.213

Current CPI (Mar. 2025) = 111.1000.

Ushio Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,663.572 98.400 1,878.281
201509 1,630.690 98.500 1,839.286
201512 1,680.890 98.100 1,903.638
201603 1,621.959 97.900 1,840.650
201606 1,524.846 98.100 1,726.915
201609 1,530.037 98.000 1,734.562
201612 1,662.783 98.400 1,877.390
201703 1,664.389 98.100 1,884.950
201706 1,720.838 98.500 1,940.966
201709 1,750.620 98.800 1,968.562
201712 1,772.771 99.400 1,981.437
201803 1,683.411 99.200 1,885.352
201806 1,705.299 99.200 1,909.866
201809 1,739.690 99.900 1,934.730
201812 1,687.262 99.700 1,880.189
201903 1,691.439 99.700 1,884.843
201906 1,640.046 99.800 1,825.743
201909 1,666.412 100.100 1,849.534
201912 1,722.776 100.500 1,904.482
202003 1,664.584 100.300 1,843.821
202006 1,645.946 99.900 1,830.476
202009 1,628.020 99.900 1,810.541
202012 1,650.487 99.300 1,846.617
202103 1,750.780 99.900 1,947.064
202106 1,769.033 99.500 1,975.272
202109 1,814.106 100.100 2,013.458
202112 1,862.746 100.100 2,067.443
202203 1,949.714 101.100 2,142.564
202206 2,015.203 101.800 2,199.303
202209 2,091.071 103.100 2,253.327
202212 2,030.397 104.100 2,166.927
202303 2,074.272 104.400 2,207.391
202306 2,166.071 105.200 2,287.552
202309 2,224.388 106.200 2,327.020
202312 2,230.284 106.800 2,320.080
202403 2,313.482 107.200 2,397.648
202406 0.000 108.200 0.000
202409 2,232.444 108.900 2,277.544
202412 2,384.461 110.700 2,393.077
202503 2,263.213 111.100 2,263.213

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


Ushio  (TSE:6925) 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.

Ushio's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1765.00/2005.69
=0.88

* 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 Ushio was 1.43. The lowest was 0.64. And the median was 1.02.


Be Aware

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


Ushio Cyclically Adjusted Book per Share Related Terms

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


Ushio Business Description

Industry
Traded in Other Exchanges
Address
2-6-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8150
Ushio Inc is a Japan-based company that primarily operates through two segments. The company's equipment business primarily manufactures and distributes imaging equipment and optical equipment, including digital projectors, optical equipment for manufacturing semiconductors, UV phototherapy devices, and EUV light sources equipment for semiconductor inspection and development applications. The light sources business manufactures lamps and LED and LD products, including UV lamps for manufacturing semiconductors, light sources for use in cinema projectors, and halogen lamps for office automation equipment.

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