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Kyoeingyo Co (TSE:6973) Cyclically Adjusted Book per Share : 円5,164.63 (As of Sep. 2024)


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What is Kyoeingyo 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.

Kyoeingyo Co's adjusted book value per share for the three months ended in Sep. 2024 was 円5,988.504. 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5,164.63 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kyoeingyo Co's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 Kyoeingyo Co was 3.50% per year. The lowest was 0.40% per year. And the median was 1.30% per year.

As of today (2025-05-29), Kyoeingyo Co's current stock price is 円2234.00. Kyoeingyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円5,164.63. Kyoeingyo Co's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kyoeingyo Co was 0.60. The lowest was 0.20. And the median was 0.34.


Kyoeingyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kyoeingyo 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.

Kyoeingyo Co Cyclically Adjusted Book per Share Chart

Kyoeingyo 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 4,591.94 4,561.32 4,648.67 4,859.77 5,058.91

Kyoeingyo 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 4,912.86 4,974.27 5,016.47 5,058.91 5,164.63

Competitive Comparison of Kyoeingyo Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Kyoeingyo 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.


Kyoeingyo Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Kyoeingyo 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, Kyoeingyo 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)
=5988.504/108.9000*108.9000
=5,988.504

Current CPI (Sep. 2024) = 108.9000.

Kyoeingyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 4,735.375 98.500 5,235.354
201412 4,705.644 97.900 5,234.368
201503 4,951.002 97.900 5,507.294
201506 4,951.981 98.400 5,480.394
201509 4,812.383 98.500 5,320.492
201512 4,821.028 98.100 5,351.783
201603 4,651.501 97.900 5,174.142
201606 4,320.757 98.100 4,796.437
201609 4,460.595 98.000 4,956.722
201612 4,613.437 98.400 5,105.724
201703 4,723.186 98.100 5,243.170
201706 4,667.424 98.500 5,160.228
201709 4,822.257 98.800 5,315.221
201712 4,862.483 99.400 5,327.207
201803 4,807.629 99.200 5,277.730
201806 4,680.136 99.200 5,137.770
201809 4,693.965 99.900 5,116.845
201812 4,478.703 99.700 4,891.984
201903 4,443.491 99.700 4,853.522
201906 4,358.091 99.800 4,755.472
201909 4,516.390 100.100 4,913.435
201912 4,538.838 100.500 4,918.204
202003 4,184.898 100.300 4,543.723
202006 4,220.015 99.900 4,600.197
202009 4,184.856 99.900 4,561.870
202012 4,280.150 99.300 4,693.941
202103 4,320.536 99.900 4,709.773
202106 4,420.168 99.500 4,837.752
202109 4,509.562 100.100 4,906.007
202112 4,566.164 100.100 4,967.585
202203 4,976.720 101.100 5,360.681
202206 5,021.855 101.800 5,372.102
202209 5,184.386 103.100 5,476.039
202212 5,190.623 104.100 5,429.960
202303 5,079.959 104.400 5,298.923
202306 5,358.595 105.200 5,547.063
202309 5,467.149 106.200 5,606.144
202312 5,487.920 106.800 5,595.829
202403 5,921.666 107.200 6,015.573
202409 5,988.504 108.900 5,988.504

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


Kyoeingyo Co  (TSE:6973) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2234.00/5164.63
=0.43

* 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 Kyoeingyo Co was 0.60. The lowest was 0.20. And the median was 0.34.


Be Aware

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


Kyoeingyo Co Cyclically Adjusted Book per Share Related Terms

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


Kyoeingyo Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-12-6 Higashi Shinagaw, Shinagawa Seaside Canal Tower, Shinagawa-ku, Tokyo, JPN, 140-0002
Kyoei Sangyo Co Ltd is a trading company dealing with various electronics related products. The company operates in three business segments - Trading, Software Development and Manufacturing. The Trading segment is involved in the sale of semiconductors, electronic devices, metal materials, industrial equipment, information communication equipment, and environmentally friendly products. The Software Development is involved in the development of software applications, system solutions, embedded systems, IC design for specific industries. The Manufacturing segment is engaged in the production and distribution of printed wiring board, information communication equipment, among others.

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