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Mitsui High-tec (TSE:6966) Cyclically Adjusted Book per Share : 円359.07 (As of Jan. 2025)


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What is Mitsui High-tec 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.

Mitsui High-tec's adjusted book value per share for the three months ended in Jan. 2025 was 円601.822. 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359.07 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Mitsui High-tec's average Cyclically Adjusted Book Growth Rate was 14.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Mitsui High-tec was 12.90% per year. The lowest was 1.10% per year. And the median was 6.40% per year.

As of today (2025-05-29), Mitsui High-tec's current stock price is 円726.00. Mitsui High-tec's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was 円359.07. Mitsui High-tec's Cyclically Adjusted PB Ratio of today is 2.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsui High-tec was 10.25. The lowest was 0.70. And the median was 2.79.


Mitsui High-tec Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec Cyclically Adjusted Book per Share Chart

Mitsui High-tec Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 237.26 249.30 282.12 313.80 359.07

Mitsui High-tec Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 313.80 324.06 335.03 345.52 359.07

Competitive Comparison of Mitsui High-tec's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui High-tec's Cyclically Adjusted PB Ratio falls into.


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Mitsui High-tec 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, Mitsui High-tec's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=601.822/111.2000*111.2000
=601.822

Current CPI (Jan. 2025) = 111.2000.

Mitsui High-tec Quarterly Data

Book Value per Share CPI Adj_Book
201504 244.468 98.400 276.269
201507 249.073 98.300 281.759
201510 242.305 98.500 273.546
201601 248.539 97.700 282.882
201604 241.853 98.100 274.149
201607 235.067 97.900 267.002
201610 234.902 98.600 264.920
201701 255.419 98.200 289.232
201704 256.133 98.500 289.157
201707 259.419 98.300 293.463
201710 264.277 98.800 297.445
201801 262.291 99.500 293.133
201804 260.351 99.100 292.140
201807 262.182 99.200 293.898
201810 262.575 100.200 291.401
201901 255.578 99.700 285.058
201904 256.011 100.000 284.684
201907 252.676 99.800 281.539
201910 251.131 100.400 278.145
202001 249.657 100.500 276.237
202004 243.529 100.200 270.264
202007 246.686 100.000 274.315
202010 251.637 99.800 280.381
202101 260.092 99.800 289.802
202104 274.859 99.100 308.419
202107 288.992 99.700 322.326
202110 305.794 99.900 340.383
202201 334.408 100.300 370.749
202204 376.375 101.500 412.344
202207 414.917 102.300 451.014
202210 449.103 103.700 481.584
202301 438.739 104.700 465.977
202304 452.752 105.100 479.030
202307 487.789 105.700 513.171
202310 513.111 107.100 532.754
202401 528.766 106.900 550.035
202404 561.272 107.700 579.512
202407 580.684 108.600 594.586
202410 569.543 109.500 578.385
202501 601.822 111.200 601.822

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


Mitsui High-tec  (TSE:6966) 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.

Mitsui High-tec's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=726.00/359.07
=2.02

* 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 Mitsui High-tec was 10.25. The lowest was 0.70. And the median was 2.79.


Be Aware

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


Mitsui High-tec Cyclically Adjusted Book per Share Related Terms

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


Mitsui High-tec Business Description

Industry
Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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